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Eric Lockwood
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@MichaelAArouet It's the only economic system they know, the one in which parents paid for everything and provided all. Porting the roles over to gov is quite easy mentally.
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@SantiagoAuFund Maybe they figured out a new plumbing system that does allow that. Or maybe a new interface bw old and new that allows continued theft. All I know is that Govs ain't telling anyone jack shit.
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@shanaka86 Could you not write this via AI? What the fuck does any of this even mean?
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JUST IN: In late February 2026, two weeks into the Iran war, Mohammed bin Zayed Al Nahyan picked up a phone in Abu Dhabi and called Benjamin Netanyahu. Iran had fired 563 missiles and 2,256 drones at the United Arab Emirates, more than any other country in the region, more than Israel itself. Emirati air defenses were saturated. MBZ asked for help. Netanyahu ordered the Israel Defense Forces to deliver a complete Iron Dome battery, dozens of interceptors, and several dozen IDF operators to UAE soil. The system was operating in Abu Dhabi within days. It intercepted dozens of Iranian missiles. Axios reported yesterday afternoon that it remains in country.
This is the first time in the seventy-seven year history of the State of Israel that the IDF has deployed an active combat air defense system to defend an Arab capital. It is the first time the Iron Dome has been used outside Israel or the United States since it became operational in 2011. The Tamir interceptor, designed by Rafael Advanced Defense Systems to protect Israeli population centers from rocket fire originating in Gaza and southern Lebanon, was built in 2007 to defend Sderot from Hamas Qassam rockets. It was deployed in 2026 to defend Abu Dhabi from Iranian Shahed drones and Fattah ballistic missiles. There is no precedent for this.
The detail that breaks the story open is the timing.
The Wall Street Journal reported on March 27 that Iran’s sustained barrages had pushed Israel’s own anti-missile systems beyond their physical limits, forcing the IDF to ration its most advanced interceptors while Israeli civilians took direct hits. Times of Israel reported today that Netanyahu’s coalition had repeatedly refused to fund interceptor production, with some members arguing for offensive capability over defense. Netanyahu sent a complete Iron Dome battery to Abu Dhabi while rationing the same weapon for Tel Aviv, while his coalition had blocked the production line. The decision was acknowledged by Axios sources as likely to “provoke backlash in Israel.”
That is what an alliance looks like when the diplomatic frame becomes operational.
The Abraham Accords were signed on September 15, 2020 as a normalization treaty. They have now been demonstrated, in combat, against a shared adversary, with Israeli weapons defending Arab cities and Israeli soldiers commanded by an Emirati president’s phone call. Senator Ted Budd’s Abraham Accords Defense Cooperation Act, introduced March 26, would codify what Netanyahu and MBZ have already operationalized. The Accords have transitioned from agreement to architecture inside a sixty-day window.
A senior Emirati official told Axios: “We are not going to forget it.” Tareq al-Otaiba, former UAE national security council official: “It was a real eye-opening moment. To see who our real friends are.”
Three readings of the deployment.
A wartime favor between leaders that ends with the ceasefire. Priced.
Operational normalization that survives the war and seeds further bilateral integration. Narrow.
The first publicly verifiable rewriting of the post-1948 strategic order, in which Israel becomes the security guarantor for the Sunni Gulf against Iran, the Abraham Accords transition from treaty to defense architecture, and Israel’s own civilians wait for interceptors that were sent to Abu Dhabi because the threat there exceeded the threat at home, with Saudi Arabia watching and a US Senate bill already drafted to fund what just happened.
The headlines are pricing the first.
MBZ is calling Netanyahu directly.
open.substack.com/pub/shanakaans…

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@ATRightMovies I remember being VERY impressed by The Cranes Are Flying, but it's now been so long I can't recall specifics...
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Eric Lockwood retweetledi
Eric Lockwood retweetledi
Eric Lockwood retweetledi

@SantiagoAuFund 🤔🤔😃 I hear the Moon has that stuff just laying all around.
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Absolute Scarcity
#Helium
open.substack.com/pub/santiagoca…
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Eric Lockwood retweetledi
Eric Lockwood retweetledi
Eric Lockwood retweetledi
Eric Lockwood retweetledi

@lichthauch I certainly like it more. Typing is just the same pressing motion, regardless of what letter you type. Writing an m feels different from writing a z.
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I started writing by hand last year and i will not stop. it feels stupid for about a week, your hand cramps, you write like a child, you feel slow. then around day ten it happens. you notice you are finishing your thoughts for the first time in years. i cannot half type on paper, you have to actually commit to the word you wrote, and that changes what you are actually saying. i used to type everything and almost none of it stayed with me. i could not tell you now what i wrote in last years docs, but what i wrote in my notebooks i can still remember exact words from october. something about ink makes the thing permanent in the person, not the page, the person
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Eric Lockwood retweetledi

@SantiagoAuFund Naw, bro. This time is different, bro. They/he learned from history, bro.
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@Eric_Lockwood1 One involves ramming the other one involves clutching. Totally different.
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To whom it may concern.
It is with a degree of reluctance that I find myself compelled to draw attention to a rather serious wrong that has, of late, afflicted the monetary world.
It is a wrong that bears significant systemic consequences for all of us, albeit mostly for me.
It relates to the unfortunate usage of the term “pegging” by parties operating outside financial and monetary contexts. This "appropriation" is now giving rise to a degree of stigma, with negative digital externalities, for those of us who still primarily associate the term with its original financial usage.
I would respectfully remind readers that such usage — leaving aside carpentry, camping, and clothes-hanging — has a long-standing heritage dating back to at least the 1930s: a rightful original claim, if ever there was one.
This is why I have decided, as of today, to launch an unofficial campaign to reappropriate the term for its rightful monetary application.
Why now?
In what can only be described as a fairly profound display of innocence, when I decided to rebrand my stablecoin publication to ThePeg.co (formerly Cash Equivalence), I was not aware that the term had, in recent years, been… err, repurposed to denote what might be put mildly as an expression of female empowerment.
I realised something wasn't quite right while at lunch with a male bank equity analyst late last year, specifically when he began to chuckle awkwardly upon the reference.
I have since educated myself on the term’s “other” meaning, which (as far as I can tell) has a rather less illustrious pedigree, emerging only around 2001.
The proper financial usage, I should point out, was chiefly popularised in the aftermath of Bretton Woods, when the dollar was famously pegged to gold and other currencies to the dollar. This is why the name seemed a perfect fit for a publication focused not just on stablecoins, but on the broader rewiring of the global financial system.
Central bank archives, I would stress, are jam-packed with pegging references — currencies pegged, rates pegged, regimes pegged, etc. Pegs everywhere.
Given this rather weighty heritage, it seemed difficult to justify retreat upon familiarisation with the more salacious application.
On reflection, in a supposedly female-empowered era, there was really only one option: lean into the faux pas. It is not the first time, after all, I’ve been caught out by my naivety (famous Virgin Atlantic story, IYKYK).
Moreover, as a long-time James Bond fan, I decided it was about time that the finance industry loosen its tie, ditch the stiff demeanour, and indulge in a bit of tongue-in-cheek humour like they used to in the good old eurodollar days.
Alas, the real trouble began when I set up my new email: @thepeg.co
It turns out that corporate email filters, now the vigilant defenders of professional decorum in an increasingly no-fun-allowed environment, preemptively block even entirely respectable emails if they originate from an outfit called thepeg.co.
This is, understandably, a problem for a journalist who needs to engage in overt solicitation to land stories. For now, I have resorted to my other "safe for work" domain, the-blindspot.com (ironically named, given this story). But this is proving suboptimal.
This is why, after yet another pingback, I decided today something more proactive needs to be done.
Hence, the woeful publicisation of my story in the hope of stimulating an organic, widespread reappropriation campaign — one that may yet compel corporate filters the world over to open up to The Peg.
At this point, I would gently remind readers that it's not just the most powerful central banks and publications in the world that boast ample references to pegging. There are 7,263 references to things being "pegged" in the Financial Times alone.
I attach pictorial evidence of such respectable historic usage, in the hope it might assist those wishing to lobby their web managers on my behalf that pegs should not, in fact, be blocked.
Thank you for your attention to this matter.
The destigmatisation of “pegging” is no laughing matter. We must work together to restore the term to its rightful place in monetary discourse.




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