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The disappointment with the left gave us Trump 2.0. Right or wrong it's irrelevant now. The dissatisfaction, real and imaginary, could pale in comparison with what the current administration has in store. Many are clueless and find refuge in the throw-everthing-at-the-wall tactics, where some residue is destined to be net positive. Rampant cherry-picking and confirmation bias hide the unpleasantries.

Those applauding the cancelation of grants for research on menstrual cycles in transgender men are missing the boat on devastating cuts to NIH and other national labs, which wasn't properly funded, to begin with. (Bloomberg's article is behind a paywall, but the Odd Lots episode on the subject is free). This might have enormous negative outcomes for decades to come. It's worth remembering that government-sponsored scientific research was instrumental in this country's success story post-WW2.

People cheering up job cuts at the federal government in the name of efficiency are sticking their heads into the sand for what's brewing. I lived through the disintegration of the Soviet economy and witnessed what happens when enough people lose jobs. I'm not suggesting we're anywhere near the scale, but unintended consequences and multi-variable systems are impossible to predict and prepare for.

Many Trump voters, whom I know personally, welcomed and helped Ukrainian refugees under the U4U program, are oblivious to the potential shutting of said Biden-era initiative, with disastrous consequences for people caught in the middle — something which wasn't hard to predict given the anti-immigration rhetoric on the campaign trail.

Yes, we do have problems. Yes, democrats went overboard with lots of idiocies. Yes, we tried slow solutions for the national debt and they failed. However, it feels each passing week results in more instability and more shenanigans. The commander-in-chief is declining to rule out a recession, in case you've missed a hint to that during the State of the Union address. As of this writing, betting markets are pricing the probability of a US recession in 2025 at 37%. I would be a seller at this price.

I hope that people who were not satisfied with the color of their nails won't find both of their hands amputated.

#politics
March 2025



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The disappointment with the left gave us Trump 2.0. Right or wrong it's irrelevant now. The dissatisfaction, real and imaginary, could pale in comparison with what the current administration has in store. Many are clueless and find refuge in the throw-everthing-at-the-wall tactics, where some residue is destined to be net positive. Rampant cherry-picking and confirmation bias hide the unpleasantries.

Those applauding the cancelation of grants for research on menstrual cycles in transgender men are missing the boat on devastating cuts to NIH and other national labs, which wasn't properly funded, to begin with. (Bloomberg's article is behind a paywall, but the Odd Lots episode on the subject is free). This might have enormous negative outcomes for decades to come. It's worth remembering that government-sponsored scientific research was instrumental in this country's success story post-WW2.

People cheering up job cuts at the federal government in the name of efficiency are sticking their heads into the sand for what's brewing. I lived through the disintegration of the Soviet economy and witnessed what happens when enough people lose jobs. I'm not suggesting we're anywhere near the scale, but unintended consequences and multi-variable systems are impossible to predict and prepare for.

Many Trump voters, whom I know personally, welcomed and helped Ukrainian refugees under the U4U program, are oblivious to the potential shutting of said Biden-era initiative, with disastrous consequences for people caught in the middle — something which wasn't hard to predict given the anti-immigration rhetoric on the campaign trail.

Yes, we do have problems. Yes, democrats went overboard with lots of idiocies. Yes, we tried slow solutions for the national debt and they failed. However, it feels each passing week results in more instability and more shenanigans. The commander-in-chief is declining to rule out a recession, in case you've missed a hint to that during the State of the Union address. As of this writing, betting markets are pricing the probability of a US recession in 2025 at 37%. I would be a seller at this price.

I hope that people who were not satisfied with the color of their nails won't find both of their hands amputated.

#politics
March 2025

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In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. I want a secure messaging app, should I use Telegram? At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added. Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities.
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