Themistoklis Momus | Macro

Most people think markets are free because prices move. I think prices move because power needs them to. This account is about reality over narrative. Macro • Metals • Incentives • Control Follow if you care about how the system really works.

Everyone talks about AI. Meanwhile #ExxonMobil keeps printing cash, buying back shares and preparing for decades of energy demand growth. Profitable even at $30 oil. Scaling production. Massive cash flow. Geopolitics turning energy security into a premium again. The market still underestimates old economy giants. $XOM #Oil #Energy #Investing #Stocks #Dividend #Commodities #ValueInvesting

The real crisis isn’t just the debt itself. It’s that the entire system now depends on permanently refinancing old debt with increasingly expensive money. When interest payments start competing with defense, healthcare and infrastructure, currency debasement stops being a theory and becomes policy. That’s why hard assets keep winning.

@Reuters That’s not stability.
That’s a pause between panic attacks.

Turkish stocks and lira stabilise amid political tensions; bonds nudge higher reut.rs/4e1Bafo reut.rs/4e1Bafo

“You should read more” says the man trying to whitewash imperial-era looting with semantic gymnastics about what counts as “local.” If the Parthenon was such an irrelevant “local building,” Britain wouldn’t have spent 200 years parading its sculptures as crown jewels of the British Museum. And claiming the British Empire had “nothing to do” with Elgin removing marbles from occupied Greece under Ottoman rule is intellectually dishonest. Taking artifacts from a subjugated people with the permission of their occupiers is not some noble private enterprise. It’s textbook imperial extraction dressed up as academia.

You should read more. The Parthenon is a VERY local building, with its decorarion reflecting purely Athenian myths like the fight between Athena and Poseidon for who should be the patron of Attica, or the celebration in marble of the Panathenaic procession, is this is indeed what that is. The Acropolis was NOT a panhellenic sanctuary and the Parthenon had full meaning only as a purely Athenian (local) celebration When it comes to empires, the only link berween the Parthenon and empire is though the Athenian Empire, with its construction funded with the allied money appropriated by Athens. The removal of the marbles has nothing to dp with the British Empire, as ir was a purely private enterprise. Your last point can stay there where it is, I couldn't care less.

"In the eyes of Hellenic nationalists, I am guilty of one of the worst possible crimes: I don’t believe the Elgin Marbles should go back to Athens. And that is why I have been cancelled." Read why @elginmarbles believes the Elgin Marbles belong in Britain here ⤵️ telegraph.co.uk/news/2026/05/2…

@yoxics The Panathenaic Stadium is the stadium of the first modern Olympic Games in 1896 not the first Olympic Games overall. The original Ancient Olympic Games were held in Ancient Olympia, around 300 km away from Athens.

Marlon visited the first ever Olympic Games stadium held in ancient Greece, revealing that the winners received life-long tax exemptions and public pensions instead of a gold medal 😳

@TIME Authoritarian regimes always think fear creates stability. Usually it just accelerates the decline.

What to know about Türkiye’s deepening democratic crisis time.com/article/2026/0…

@yoxics Americans are slowly discovering that in Europe sports are not “events.” They are identity, tribalism, chaos, pressure and collective insanity compressed into 40 minutes.

Marlon says he prefers watching European Basketball games over the NBA because the crowd feels more alive than American sports games 🤯 "I prefer watching this over the NBA, I think the crowd does a lot when it comes to any sport"

@MarlonDaily You don’t “experience” an Olympiacos Final Four crowd. You survive it.

Marlon was shocked seeing European's attitude and energy during Olympiacos vs Fenerbahçe EuroLeague Final Four basketball game in Greece comparing it to the stale crowd environment in NBA games😳🇬🇷 "This is fking EUROPE!! WE ARE NOT IN AMERICA NO MORE!" "THIS IS MY CROWD!!"

@yoxics People who have never experienced a packed Olympiacos EuroLeague game genuinely do not understand the difference between “fans” and “tribes.”

Marlon experienced his first EuroLeague game overseas and says the NBA could never match the atmosphere inside a stadium 🤯 “this is like a football game”

@FT Turkey spent years trying to convince investors it was returning to rational economics. One political ruling reminded everyone the real problem was never just inflation. It was institutional reliability.

Turkey seeks to calm investors after opposition ruling sparks sell-off ft.trib.al/9WTKq1o

@bptfinans 40% rates. Exploding bond yields. Rising CDS spreads. Currency collapse. Capital flight. This is what happens when institutions stop protecting the country and start protecting the regime.

JPMorgan, TCMB'nin faiz oranını %40'a yükseltmesini beklediğini açıkladı. JPMorgan analistlerinin araştırma notu: “Artan siyasi riskler, Türk Lirası için hiç de uygun olmayan bir zamanda ortaya çıkıyor.”

@bptfinans Markets are now pricing Turkey less like a stable emerging economy and more like a political risk event waiting to escalate. You can pressure courts. You can silence opposition. You cannot force investors to trust you.

Türkiye'nin 5 yıllık kredi risk primi (CDS), 261 puana yükseldi; Bu, son 6 haftanın en yüksek seviyesi.

@coinspace_ The Turkish lira is the perfect chart of what happens when institutions collapse slowly instead of overnight. Not one dramatic explosion. Just decades of credibility bleeding out candle by candle.

【悲報】トルコリラが紙屑になりました

@DustyBC When a country starts treating political opposition as an enemy of the state, the economy eventually starts treating the state as an enemy of capital.

🚨𝗝𝗨𝗦𝗧 𝗜𝗡: 🇹🇷Over ₺2,000,000,000,000 has been wiped out from the Turkish stock market over the past week. Meanwhile, the Turkish lira just fell to another all-time low against the US dollar.

@cryptogoos You can manipulate courts. You can silence opposition. You can burn through reserves. But eventually the market votes too. And unlike elections, markets cannot be arrested.

🩸 HUGE CRASH: 1,450,000,000,000 TRY wiped out from Turkey's stock market in less than a week. It's happening.

@TedPillows 33.64% bond yields. That is not an “emerging power.” That is the market screaming that it no longer trusts the system.

🇹🇷 Turkey 10Y bond yield just hit 33.64%, the highest level ever.

@cryptorover Authoritarianism always looks powerful right until capital starts running for the exits. Then suddenly the propaganda collides with arithmetic.

ABSOLUTE BLOODBATH🩸 ₺2,050,000,000,000 has been wiped out from the Turkish stock market in just 8 days as it crashes nearly 15%. Meanwhile, the Turkish Lira just hit another all time low against the US Dollar.

@vonderleyen @RTErdogan “Key partner” apparently now means: Authoritarian politics, captured institutions, economic instability and opposition leaders removed through courts. European principles seem surprisingly flexible when geopolitics and business are involved.

Very good call with President @RTErdogan. Türkiye is a key partner in a region in turmoil. Our interests converge; keeping trade routes open, energy flowing and supply chains stable. We will continue working closely together on these priorities. The EU appreciates Türkiye’s efforts to support de-escalation and a diplomatic resolution to the Iran conflict. We also discussed the Eastern Mediterranean and the Cyprus question. We underlined the importance of EU-Türkiye relations. The EU is ready to support the UN-led process at all stages.

@MOSSADil Authoritarian regimes always look strongest right before institutional trust collapses. Turkey keeps confusing fear with stability. History rarely rewards that mistake.

A Turkish court has suspended the leadership of the CHP, Turkey’s main opposition party, after it handed Erdogan’s AKP a major defeat in the 2024 local elections. The move is already raising serious concerns about democracy and political opposition in Turkey. 🇹🇷