alexerventure

968 posts

alexerventure

alexerventure

@alexerventure

Entrepreneur

Katılım Mart 2008
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Bit Paine ⚡️
Bit Paine ⚡️@BitPaine·
The reason Saylor has softened his stance on “crypto” is because he realizes that one of many killer apps for $STRC is backing a yield-generating stablecoin that utterly mogs the sustainable yield offered by any stablecoin not backed by Bitcoin. He wants stables backed by $STRC running on every crypto network, accruing value to $MSTR and $BTC. Like all of us he has done the math behind the question: “what if all of that capital incinerated in cryptocasino / defi bullshit over the last decade had accrued to bitcoin instead?” And he aims to balance that equation.
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mike bski
mike bski@BskiMike22802·
Dear Senator Sanders, Oh, this is RICH. This is so perfectly, exquisitely, weapons-grade rich that I had to put down my anatomy exams and just... appreciate it for a moment. The man who got thrown out of a SOCIALIST HIPPIE COMMUNE in Vermont in 1971 — after THREE DAYS — for refusing to do any actual work while everyone else planted, harvested, and hauled water, is out here telling me the OLIGARCHS want to control everything. Three. Days. The communists gave you a longer trial period than most employers give to someone who steals from the register. Here is what Jim Quinn's Law Number Two says, and I want every single person reading this to tattoo it somewhere useful: "If you want to know what liberals are up to, pay attention to what they accuse conservatives of doing." Senator, you OWN THREE HOMES. A Burlington residence. A D.C. townhouse. A $575,000 vacation lake house in North Hero, Vermont — purchased in 2016, the same year you were touring the country telling college students the system is rigged. Your net worth sits somewhere between $2.5 and $3 million. You have pocketed over $2.5 MILLION in book royalties since 2011. That elevator is clearly not stuck between floors for you, is it. And then — THEN — during your "Fighting Oligarchy Tour" with AOC, you spent over $550,000 in CAMPAIGN FUNDS on PRIVATE JET TRAVEL. Half a million dollars on luxury jets to lecture working Americans about the dangers of wealth. When Fox News caught you boarding a Bombardier Challenger 604 — a jet that runs up to $15,000 PER HOUR — you did not apologize. You did not even blink. You looked directly into the camera and said, and I am quoting this verbatim because it is the most accidentally honest thing you have ever said: "You think I'm gonna be sitting on a waiting line at United?" Senator. THAT IS OLIGARCHIC THINKING. That is TEXTBOOK "the rules apply to you people, not to me." That is the elevator music of every single billionaire you have spent 35 years pretending to oppose. In a battle of wits with your own stated beliefs, you showed up completely unarmed. Thirty-five years in Congress. You know what your personal legislative output looks like? Eight bills passed. EIGHT. In three and a half DECADES. That works out to 0.23 bills per year. I have produced more graded anatomy exams in a single semester. Your two greatest solo legislative achievements — the ones with your name on top, the thing YOU actually DID — are the naming of a post office in Danville, Vermont, and the naming of a post office in Fair Haven, Vermont. You named. Two. Post offices. You are as useful as a screen door on a submarine when it comes to actually passing legislation, but you want me to believe you are the vanguard of the working class. That sounds like a YOU problem. Quinn's Law #25: "Liberals are great at giving away other people's money." You have been living PROOF of that law for 35 years. You give away everyone else's money — from a vacation home on a lake — while spending half a million on jets because you are far too important to wait in line with the taxpayers funding your lifestyle. You want to talk about oligarchs controlling the media? You have been IN the media for four decades. You just finished a $75 million documentary. You have a book deal. You have a podcast. You HAVE the megaphone and you are using it to tell people that other people have the megaphone. The gene pool really needed a lifeguard for THAT particular reasoning. I am a high school science teacher in Northeast Ohio. I support a family of six on a teacher's salary. I am not particularly impressed by a man with three houses, $550,000 in jet receipts, and 0.23 bills per year telling me he stands with the working class. More famous than wise, Senator. More famous than wise. The hippie commune knew it in 72 hours. How long is it going to take everyone else? IF you agree: LIKE this post so the algorithm shows it to people who need to read it. SHARE this. COMMENT below — do YOU think a man with three homes and a half-million dollar private jet habit speaks for working Americans? Tell me. And if you want MORE of this — the data, the history, the science, the stories — JOIN Bski's Classroom community on X or YouTube. But what do I know — I am only a science teacher who can actually do math, a retired Army combat medic who knows what genuine sacrifice looks like, and apparently one of the few people left who finds it suspicious that the most vocal enemy of oligarchy just cannot bring himself to wait in line at the airport with the rest of us. @JoJoFromJerz @GuntherEagleman @catturd2 #MAGA #Veterans #Trump
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JohnnyFSE
JohnnyFSE@JohnnyFSE·
I built CourtWatch.us — a free public database for American citizens who deserve safer communities. You can track which judges released defendants who then got rearrested, skipped court, or violated their release conditions. All public records. All free. I started with Orange County FL and will be expanding to all 67 Florida counties and eventually every state in the country. This first batch of info is from 2024 and since public reports are released in March/April for the previous year, data is behind. But I wanted to see if this is plausible. After adding 2024,I'll add 2025 and then figure out how to get real-time-data uploaded. It's in beta — would love to know what you think 👇 Numbers don't lie, but criminals do. courtwatch.us @bennyjohnson @jockowillink @GrantCardone @LauraLoomer @nickshirleyy @j_fishback
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𝙷𝚒𝚌𝚔𝚖𝚊𝚗
𝙷𝚒𝚌𝚔𝚖𝚊𝚗@shagbark_hick·
I think some clarification is in order here: 1. I grew up in rural Upstate NY 2. I left for over a decade 3. Every time I came back home, it broke my heart to see how this place is declining -- yet the land is so beautiful and the houses are cheap. 4. I came back, not with any illusions about the culture here. I figured that maybe I could help make it better, and if nothing else, I could live cheap for a while after I got out of the military. 5. Within 6 months of leaving the military, I blew up online and wound up accidentally launching into a successful online writing career. It was totally unexpected. 6. On the fly, I tried to use my newfound online reach to attract people here, to promote this place, to try to publicly reflect on ways to improve not just Upstate NY but all of rural America. Some of my ideas were controversial, but the thrust was always oriented towards making my pocket of rural America thrive again. 7. Three years or so into that, we had a baby, and I had to start weighing the feasibility of my ambitions here more seriously out of a duty to our daughter. Does she deserve to grow up in a place that is collapsing? What is her future like here? Some of the more cynical commentators say that any negative experience I have here is me "reaping what I sowed." Some even revel in it as a form of "punishment" for my unspeakable crime: reminding American youth that rural America exists, and that maybe they could make a life for themselves here very cheaply, if they liked. But what I was actually trying to "sow" was a rebirth of my own homeland. It just didn't sit well with me that the place I grew up was just supposed to die and be abandoned, so I thought I'd try making it better. Why not try? I genuinely figured that since so many people are mad about high housing costs, and since remote work exists, maybe we could leverage the ultra-cheap housing here in deep rural Upstate NY to start up a kind of Renaissance. Seemed like maybe it could've worked out for everybody! Cheap housing for folks from unaffordable places, new life in towns that are literally about to become ghost towns, locals get to see their towns avoid total collapse, Churches filling pews again, etc. But I learned it's not quite that simple. Many of the problems here appear to be totally intractable. I found that the property tax situation is worse than I'd thought. And the locals may complain about decline here, but they also don't really want to see a Renaissance either. Meanwhile, though the general public may complain about housing, but they don't want cheap housing badly enough to move to a place like this. To be fair, Albany makes all of this worse than it has to be. But even if the NYS capital started making genuinely good legislation, you can't use policy to force a stagnant, parochial culture into being anything else. And you can't force the wider public to brave long winters, ceaseless overcast, and to take a risk on trying out a place on the far margins of the American mainstream just for cheap housing. So it goes. At this point, I'm simply glad to have tried it out. I did exactly what the "localist" types say to do: I came home. I tried to make it better. I sang the song of my homeland. I did this for about three years, and at the end of it, I've got enough equity to recoup 100% of my housing costs from while I was here. If I walk away, I can do so knowing I tried. I'm not one of those who left with his nose upturned at where he came from. From here, who knows. Maybe I do strick around, albeit without any pretensions of "solving the problem" here. Or maybe we head out to the Southwest, which has always felt more like home to me anyway. Hard to say. Big thanks to those of you who see this and have come along for the ride.
Wendy #1 Fan@robotwendyfan

I feel nothing but sadness seeing Shagbark navigate fatherhood among a country full of the neurotic conformist poors he spent years lionizing.

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DataRepublican (small r)
DataRepublican (small r)@DataRepublican·
Hello Senator Thune, At 3 AM on Friday, March 27th, in a near-empty chamber, you passed a bill by voice vote that excludes all funding for ICE and CBP. Let me repeat that: voice vote. No roll call. No record of who was there. No accountability. Just you, Barrasso, and a handful of senators shuffling paper in the dead of night while America slept. You could have demanded a recorded vote. You chose not to. You could have held the line for five more days until the House returned. You chose not to. You could have used the same procedural tools Democrats have used against you for 40 days. You chose not to. Instead, you gave Chuck Schumer exactly what he asked for, DHS funding minus immigration enforcement, and called it a win. Then you walked to the cameras and blamed the Democrats. Let's be precise about what you did: 1. You caved to a demand Democrats made on Day 1 of this shutdown. Forty-one days of supposed hardball negotiation, and you settled for their opening offer. 2. You handed them a template. The next time Democrats want to defund any agency — ICE, CBP, or anything else — they now know: just shut down DHS and wait. John Thune will fold at 3 AM. 3. You punted to reconciliation. "Good possibility," you said. Not "we will." Not "guaranteed." Just maybe. Meanwhile, ICE operates on fumes from last year's bill with no certainty of future funding. The precedent you set: You have argued for months that the filibuster is sacrosanct. That the 60-vote threshold protects minority rights. That we cannot bend Senate rules for policy wins. But at 3 AM on Friday, you bent every norm that actually mattered: • Voice vote to avoid accountability • Empty chamber to avoid debate • Midnight deal to avoid scrutiny • Immediate recess to avoid questions You'll bend the rules to avoid a fight. You just won't bend them to win one. What you've actually accomplished: Democrats demanded ICE restrictions. They got ICE defunded. Not reformed. Not restrained. Defunded. And you're out here tweeting about how Democrats are the "Defund the Police" party while you just voted to defund border enforcement at 3 in the morning. The question you should answer: Why did this deal have to happen at 3 AM? Why couldn't it happen at 3 PM, with cameras rolling and every senator on record? You know why. Because you didn't want your voters to see what surrender looks like. Here's my message: We saw it anyway. Stop hiding behind "Democrat obstruction." You're the Majority Leader. You set the schedule. You control the floor. You chose this outcome. Own it.
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DataRepublican (small r)
DataRepublican (small r)@DataRepublican·
Hello Senator Thune, Let's expose what you're really doing with "reconciliation." You announced it yesterday, eleven months after the House passed the SAVE America Act. You're not trying to pass this bill. You're trying to kill it in a way you can blame on process. Here's how we know: Reconciliation requires the Senate parliamentarian to rule that provisions are "budgetary." Citizenship verification is not budgetary. Photo ID mandates are not budgetary. The parliamentarian will gut the bill. Then you'll shrug and say "we tried." We see through you. Meanwhile, you WON'T use the tools that actually work: Rule XIX limits each senator to two speeches per legislative day. Keep the Senate in continuous session, file cloture daily, and the filibuster exhausts in ~12-20 days. You dismissed it as "complicated." Because if you tried and succeeded, you'd have to actually pass the bill. Harry Reid nuked the filibuster in 2013 when he wanted results. Mitch McConnell changed Senate rules THREE times and canceled the August recess. Chuck Schumer used reconciliation within months on a 50-50 Senate. You have 53 seats. You've changed nothing, canceled nothing, and waited eleven months. Now let's talk donors: • Goldman Sachs: $150K to you - top H-1B user • Google: $75K - lobbies against E-Verify • Meta: $72.5K - Zuckerberg's FWD[.]us pushes mass immigration • Wells Fargo: $90K - banks undocumented immigrants Same corporations sponsor Punchbowl News, where you sit for "Fly Out Days" which nobody watches except Congress staffers and K Street lobbyists who pays premium bucks for legislative intelligence. Their reporter then telegraphs to the audience the SAVE Act "will ultimately fail." Corporate money flows to you AND to the outlet that frames your inaction as inevitable. We see the loop. You called grassroots anger a "paid influencer ecosystem." YOU are the paid influencer. You take the wrong side of a 80% issue because you are indistinguishable from a K Street mouthpiece, and an ineffective one to boot who won't bend the rules to get anything passed. What we want: 1. Force a real talking filibuster. 2. Stop hiding behind process. 3. Pass the SAVE America Act. YOU will become the reason that we will have our butts kicked in midterms. Not Candace Owens, not Nick Fuentes, not anyone else. You and you alone, and all because you want to make the 200 or so viewers of Punchbowl Fly Out Days happy. You're living in a K Street information bubble, addicted to the comforts and praises of lobbyists masquerading as journalists. You mistake the steak and martini dinners you get invited to as your own constituents. You are not "moderate." The SAVE America Act has 98% support among Republicans. Name one other thing that has 98% support. You are an extreme minority who prides himself on being a calm leader, when in reality you are well in the running for the most ineffective Majority leader of all time. Prove me wrong. Do the bare modicum of effort. Not symbolic. Actual effort. Cancel the recess. Get SAVE America Act passed.
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alexerventure
alexerventure@alexerventure·
@TFL1728 @DNIGabbard Face saving way out for all parties involved. Inside dollar/outside dollar or franchisor/franchisee model of the empire installed.
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Tom Luongo
Tom Luongo@TFL1728·
Like the war or not…. Like Trump or not… here is a fact that more than justifies the following analytic arguments made once Trump went to war 1) the idea that Iran was “negotiating in good faith” is complete and utter nonsense 2) it supports what we heard from @DNIGabbard at the annual threat assessment testimony to Congress 3) it validates Steve Witcoff’s account of his interactions with Iran’s negotiators And therefore, with a range like that President Trump was more than justified to consider Iran a threat to be dealt with on behalf of our NATO “partners”. Sit with that. Think about it. And ask yourself why would Iran show this capability now. After everything that has happened? Wrong answers only please
Brett McGurk@brett_mcgurk

Speaks for itself: Feb. 25, 2026: “We are not developing long-range missiles… we have limited the range below 2,000 kilometers” — Iran’s FM Araghchi (IRNA). March 20, 2026: Iran fires missiles at Diego Garcia—ranging 4,000 kilometers (WSJ). ⬇️

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Tom Luongo
Tom Luongo@TFL1728·
I told you London was trying to decamp to the Middle East under a new nuclear umbrella and the only relevant physical chokepoint left. That the UAE would be their new home. Trump just rolled them. When this is done Iran will be a US ally.
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Preston Byrne
Preston Byrne@prestonjbyrne·
The UK's censorship agency, Ofcom, issued 4chan with a giant fine today. We responded to Ofcom with a giant hamster today.
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Pierre Rochard
Pierre Rochard@BitcoinPierre·
The most popular legislation ahead of the 2026 midterm elections: 1. Voter ID 2. Incandescent lightbulbs 3. No tax on BTC
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Nick shirley
Nick shirley@nickshirleyy·
🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP. We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians. It is time to EXPOSE IT ALL and end America's fraud crisis.
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Libs of TikTok
Libs of TikTok@libsoftiktok·
HOLY SHIT Virginia Democrats are EXEMPTING THEMSELVES from a new gun control bill “The provisions of this section shall not apply to any member of the General Assembly”
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John Ʌ Konrad V
John Ʌ Konrad V@johnkonrad·
Dear Mr. President, I’ve been thinking about this in the shower and I have a plan. The problem isn’t Iran. It’s the ship crews. These are my people. Merchant Mariners are an odd lot. “Show some guts” doesn’t work because these guys have crossed the North Atlantic in winter. They already know what they’ve got. We are a practical lot. Common sense, as you often say. So avenging our deaths by carpet bombing Iran, while a a generous token, doesn’t do much to motivate us. Dead is dead. You can’t collect on a life insurance policy if the underwriter at Lloyd’s has TDS, and most of them do. Plus those supertanker fires are nasty. Think AOC when she’s as old as Pelosi. Our phrase is Acta Non Verba. Actions, not words. So someone will have to sail through first. And it’s not enough to sail with AIS off under the cover of dark. Someone has to sail in broad daylight with an enormous American flag streaming over the stern. The biggest flag you’ve ever seen. Huge. It’s a show of flag exercise so we want something big. Step one: you need a Captain. Someone kinda well known. Handsome, ideally, a man of faith of course, debonair would be nice but we can work with what we’ve got. Here’s what I’ll do. I’m heading to the big CMA conference tomorrow and will recruit a crew. I’m a little rusty but a great crew can compensate for a lot of command failures. Ask any Admiral. My license needs to be renewed, and I’ll need someone to waive all those stupid classes the UN’s @IMOHQ wants me to take. Seven courses, Mr. President. To do the same job I’ve been doing for 30 years. Pete is a good judge of character, he can vouch for me. A note from the President to Admiral Lundy should do. Might be the fastest the Coast Guard has ever moved on anything. But I need a just a few small things in return. First, I need a SEAL team or equivalent. Just a small platoon but preferably one of those tier one guys if available. They can’t shoot down drones or anything, but they absolutely can tell me to man up when I inevitably say “WTF was I thinking.” Pete, if you’re reading this, feel free to send your best. I promise I will not make them sit through a PowerPoint. Also, I fully expect at least one Admiral in charge of the convoy frigates to do something dumb…. like epic level retarded… and SEALs are historically very good at straightening out Admirals. Consider it an interservice relations exercise. Next, we need some of those Navy Corpsmen. The crazy bastards who embed with Marines. If we get hit and my leg needs amputation, I want it done by a guy who’s done it before, not a guy who’s got s rusty saw and an ikea manual. That’s it. You don’t even need to pay me or my crew a cent. Honestly, this might be the best deal ever, and I know you’ve seen some deals. Oh, just one more thing. We want the same deal y’all gave Bruce Willis’s crew in Armageddon. No more federal taxes. For life. You’ve seen the movie, sir. That scene is basically a documentary about how to negotiate with the federal government. And if I don’t make it? I want to be buried next to Dad in Arlington, and my kids and wife get the no-taxes-ever thing. That’s the Captain Konrad family plan. Very competitive rates. Lastly, we’re going to need a few ships to follow us into Hormuz. Probably no more than ten. I suggest Filipino-crewed ships. They are the best mariners in the world, they are tough as hell, and they will not complain too much. Actually all mariners complain but I’ll have them do that part in tagalog. For the first ten ships that volunteer to follow me through, each crew gets one of your Golden Visas (brilliant idea, by the way) and a pork adobo cookout at the White House on a date of your choosing. I’ll even get one of the guys to send you the recipe. It’s delicious. Trust me. That’s about it. Just let me know what airport I should meet the jet at tomorrow afternoon. Very Best Regards, Captain John Konrad Master, Unlimited Tonnage US Merchant Marine
Pete Hegseth@PeteHegseth

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DataRepublican (small r)
DataRepublican (small r)@DataRepublican·
Hello Dr. Snyder, You have a DPhil from Oxford. You were the Richard C. Levin Professor of History at Yale. You speak five languages and read ten. You have written sixteen books. You are, by your own positioning, the historian who has Seen This Before, who knows Where This Leads, who has Read The Right Books. You wrote one of those books (126 pages) in approximately two weeks. On Tyranny: Twenty Lessons from the Twentieth Century. It started as a Facebook post. It has sold 1.4 million copies. It inspired a graphic novel, a punk song, a rap song, and an opera. It made you a very wealthy man. Lesson 20 is "Be as courageous as you can." You wrote that in two weeks. Your predictive track record: Trump would do a coup instead of the 2020 election. He didn't. American democracy would collapse under Trump 1.0. It didn't. And now: Trump will start a war with Iran specifically to manufacture a terrorist attack specifically to cancel the midterms. You can't even be original in your own predictions! Your 2018 book The Road to Unfreedom argued that Vladimir Putin's ideology is primarily driven by Ivan Ilyin, an obscure Russian fascist philosopher. Serious Russia scholars called it speculative. The Reddit history community, which is not exactly right-wing, wrote: "The closer you get to the present, the more of a pundit he is over a historian per se." You are a pundit who charges historian prices. In September 2022, you held a two-hour private meeting with Ukrainian President Volodymyr Zelensky... at a conference funded by Victor Pinchuk. Victor Pinchuk is the son-in-law of former Ukrainian President Leonid Kuchma. You are now the inaugural holder of the Temerty Chair at the University of Toronto... funded by James Temerty, a Ukrainian-born billionaire. You chair the academic council of the Ukrainian History Global Initiative... funded by Victor Pinchuk. Carl Bildt chairs the board. Anne Applebaum is on the council. You testified before Congress in April 2024 that Republican narratives on Ukraine constitute Russian disinformation. A historian paid by Ukrainian oligarchs telling Congress that Ukraine skeptics are Russian assets. Definitely no conflict there. In April 2024 you testified before the US House Oversight Committee, characterizing Republican members' questions about Ukraine as "Russian and Chinese propaganda themes." Historian? You're starting to sound much more like oppo research. Summing it up. A two-week pamphlet sold as historical scholarship. Predictions that didn't land, now recycled today. A private meeting with a head of state, a chair funded by that state's billionaires, congressional testimony on their behalf... and a scholarly independence claim maintained with a straight face. And today: Trump is going to war with Iran so that Iran attacks us so that he can cancel the midterms. (Again.) "Be calm when the unthinkable arrives." ~ Timothy Snyder, On Tyranny, Lesson 18, written in two weeks, 1.4 million copies sold. You are calm, Dr. Snyder. Very calm. And also a huge grifter off your gullible audience who eats up your nonsensical prophecies.
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No Regrets
No Regrets@NoRegretNoGain·
1 TRILLION DOLLARS GONE This is the result of wars. Years of hard work, pension funds gone, life savings gone. I saw this coming. I warned you. War stocks was where it was going to flow to. 1 Trillion dollars. What’s next ? Keep an eye on bitcoin. My guess is profits from the stock market are going to flow into XRP and Bitcoin. ARE YOU FOLLOWING YET ???
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Dr. Ben Braddock
Dr. Ben Braddock@GraduatedBen·
Just learned from a trusted source that LED lighting factories are covertly manufacturing Iranian ballistic missiles and it’s happening all over the world. Need to get this information to the military
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John Ʌ Konrad V
John Ʌ Konrad V@johnkonrad·
This is potentially the biggest Iran story nobody is talking about: the global insurance market may be heading toward a systemic crisis. Here’s why… Most people don’t realize London isn’t just a financial center it’s THE center of global insurance. Lloyd’s underwrites ~40% of the world’s marine cargo. Ship sinks, port gets bombed, canal gets blocked the bill lands in London. This is why the UK punches above its weight. Not the Royal Navy. Not diplomacy. Insurance. Control insurance, control trade. And London doesn’t just control the 90% of global trade that moves by sea. Lloyd’s and the London market are major insurers of almost everything skyscrapers, factories, ports, satellites, entire supply chains. You can’t participate in public markets or raise large amounts of capital without insurance. Now, the normal playbook for war risk is repricing, not cancellation. Canceling coverage entirely is a massive escalation in underwriting posture. It signals something beyond risk, it signals uncertainty so deep the underwriter can’t even price it. The question everyone should be asking: why? Why not just jack up premiums and make a fortune off the crisis like they did in the Black Sea off Ukraine? To answer that, you have to understand WHY London has maintained a stranglehold on global insurance while losing nearly submarket related to ships. The answer: better intelligence. It is no coincidence that MI6 headquarters sits directly across the Thames from the @IMOHQ, the world’s maritime regulator & a short distance from Lloyd’s itself. I have no proof of a direct pipeline, but it has long been speculated in the industry that intelligence flows from MI6 to Lloyd’s. Having the best intel in the world would be the single greatest competitive advantage any insurer could possess: the ability to price risk that competitors can only guess at. Here’s the problem: the majority of MI6’s intel doesn’t come from its own agents. It comes from Five Eyes the alliance comprising the US, UK, Australia, Canada, and New Zealand. And within 5Eyes, the dominant partner is obvious. The CIA, NSA, NRO, etc generate the lion’s share of intel. So if Lloyd’s pricing advantage flows from MI6, and MI6’s best intelligence flows from the US… what happens when that data pipeline gets throttled? All indications are that @Keir_Starmer was blindsided by the size and scope of the US/Israel strikes on Iran this weekend. That alone tells you something about the current state of transatlantic intelligence sharing. And we know there has been serious anger in Washington over the UK’s decision to sell Diego Garcia, home to America’s most strategically important base in the Indian Ocean, to Mauritius. It is not a huge leap to conclude that the submarine cables linking Langley to London have gone dark, or at minimum have been significantly throttled. What this means for UK national security is a question for the Brits. But what it means for EVERY company globally that’s insured through the London market has massive implications for the entire financial system. Because most large insurers worldwide don’t do independent intelligence work. They index off Lloyd’s rates. If you’re insuring a skyscraper in Tokyo, a semiconductor fab in Taiwan, or a port in Argentina you get a Lloyd’s quote, then shop that price around. Other insurers see Lloyd’s number and assume the diligence was done. They price accordingly. This means if London is suddenly flying blind it’s not just Lloyd’s policyholders at risk. It’s the entire global reinsurance chain. The cancellation of war risk coverage on ships isn’t the crisis. It’s the canary. If this hypothesis is correct, we could be looking at a systemic repricing event across global insurance markets…. the kind of cascading uncertainty that defined 2008 and COVID. Watch Lloyd’s. Watch reinsurance spreads. What Five Eyes. That’s where this story, and possibly Wall Street, breaks. CC @BillAckman
gCaptain@gCaptain

Major marine insurers just cancelled war risk coverage for the Strait of Hormuz. 150+ ships stranded. Rates tripled. One seafarer dead. And this is only day 3 of the Iran conflict. gcaptain.com/marine-insurer…

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Hillbilly HODL
Hillbilly HODL@Shawan4Freedom·
Life is strange. You arrive with nothing, spend your whole life chasing everything, and still leave with nothing. make sure your soul gains more than your hands.
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Bags
Bags@0xbags·
“in this house jane street caused the bear market, end of story!”
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