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  1. I hadn’t thought about it until now but this could be part of the delay depending on the composition of these reserves. How many bonds will have to be sold? Interest rates are a concern. Also, which European banks hold these? Liquidating or moving $300B around can adversely affect banks’ health given that it’s a fractional reserve system.
  2. 3 Stacks

    Media Bias

    There might be a little dust on the bottle…
  3. Actually the precedent is that the West will do this to other nations that step out of line. I think it is totally justified to do to Russia given the situation, but the tricky part is that other nations may suspect that it could eventually happen to them for lesser discretions once this seal is broken. They will adjust how they hold reserves. Given that this move has been telegraphed and threatened for a while, I’m sure they’re already making those changes anyway so we might as well go for it.
  4. Great point. There are no solutions, just trade offs. Also wanting to “have it all” in this context to me implies material things. As you get older you realize those things matter less than health and meaningful relationships. None are more important than those between close family. To me it’s no surprise that as the prominence of the nuclear family declines, mental illness increases. Especially in women. True fulfillment for them doesn’t lie in pursuing money and titles in offices etc. Fighting biology is a losing proposition for most
  5. Robust lives, yet apparently less fulfilling. American women’s mental health has never been worse.
  6. Do you know any Russians? Or any expats with family still there? Unfortunately, broadly the support is real, because the Russian media control is complete. They don’t know any better. Hoping for revolt from within is nonstarter.
  7. It’s pretty clear that with all the leaks about timeline and details ahead of time that this was discussed between all parties. Appropriate show of force but no major civilian targets hit. Israel says 99% of targets taken down. Look how great our defenses are, and so on. There’s been other clips from past Presidents describing the back channel discussions that happen before these attacks. This is following the formula. Nothingburger as they say.
  8. I thought this was an interesting breakdown of the numbers, comparing to Mosul and the implications.
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