Dominic (@DominicLawson) profile picture
Joined December 2019
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Dominic retweeted
Objectively good. "Competative salary" was always was bullshit speak for minimum, wasting everyones time + paying the uselss newhire the same as good inhouse staff should be exposed and those staff should move on
🚨 NEW: Andy Burnham has announced employers will be legally required to publish salaries on job adverts "You should know what a job pays before spending your time and effort applying for it"
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6.2% inflation is the Bank of England's worst case if the Middle East escalates. Mortgage holders, savers and anyone on a fixed salary: that's you.
JUST IN: 🇬🇧 Bank of England warns UK inflation could rise to 6.2% if Middle East conflict escalates.
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Dominic retweeted
We’re gonna have to pay for that stupid war for years to come
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We should never let these people forget they supported this idiotic war.
Very clear Trump has been smashed by a combo of Iran war and spiralling energy costs (while his strong border/America first domestic policies remain popular). People did not vote for Forever Wars and yet he massively overreached. Lessons for Britain!
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The Iran War is the greatest political blunder in the last two decades at least. A catastrophically stupid decision. An unforgivable betrayal of America First principles.
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Thread of previous Medium articles for anyone interested. An Urbanising World: How humanity's future in the cities will change our planet and it's politics: #urbanisation #cities #megacities medium.com/swlh/the-urban-an…
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Dominic retweeted
Replying to @AaronBMacLean
I remain convinced that option 2 is Trump’s strategy and all this talk of military escalation after the midterms is an attempt to frighten Iran into negotiating.
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The president has 5 realistic options for dealing with Iran after the midterms, by my count. Let's go through them in order of least-to-most escalatory... 1/8
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Dominic retweeted
Trump destroyed one of the greatest bull markets in history for a pointless war in Iran.
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True. But I also think there’s a non-trivial possibility of state collapse in Saudi Arabia. Very unlikely - but still. That’s rather bad news for Europe! Not that they can do much about it.
I think it’s clear the ‘emergency preparedness’ thing is part of a strategy by an Atlanticist-centrist elite to normalise the idea of conflict with Russia - they having evidently lost the cold-war era understanding of the existential horror that could be
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Yemen, the poorest country in the world by some measures, can build medium range missiles independently of Iran according to the WSJ. After a decade, I’m still yet to find a single decent feature on Ansar Allah & their political project in a UK paper.
NEW: 🇾🇪🇨🇳 The Houthis are building an advanced missile that can reach all of Saudi Arabia and Israel with Chinese parts — WSJ The Houthis shipped in from a Chinese supplier a range of components needed to make a version of one of Iran’s most powerful weapons, the Kheibar Shekan Iranian precision-guided missile — report by Conflict Armament Research, a group that works in conflict zone Houthi missile would have a range up to about 1,200 miles, putting all of Saudi Arabia and Israel within reach.
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May 5, 1945. Hitler has been dead for five days. The war in Europe is almost over. In a castle in the Austrian Alps, American soldiers, German soldiers, and a group of elderly French prisoners grab rifles and get ready to fight the SS. Together. The castle was called Schloss Itter. The Nazis had turned it into a prison for very important people. Not ordinary prisoners. Trophies. Inside were two former prime ministers of France, Paul Reynaud and Édouard Daladier. Two of France's top generals, Maxime Weygand and Maurice Gamelin. A famous tennis champion, Jean Borotra. And the older sister of Charles de Gaulle. As the Reich collapsed in early May, the SS guards panicked and ran. The prisoners suddenly found themselves in charge of a castle, with weapons left behind, and a serious problem. Waffen-SS units were still roaming the area. Fanatics who would gladly kill them all. They needed help. Fast. One of the castle's prisoners, a Yugoslav handyman, slipped out on a bicycle to find the Americans. Separately, a German army officer named Major Josef Gangl also went looking for them. Gangl was a Wehrmacht officer who had turned against the Nazis and was secretly working with the Austrian resistance. He wanted to protect the prisoners too. He found an American tank commander named Captain Jack Lee. Lee was 27, tough, cigar chewing, and willing to do something insane. With a single Sherman tank and a handful of American soldiers, he drove up into the mountains alongside Gangl and a few of his German troops. They reached the castle on May 4. The French prisoners were not exactly thrilled to see a tiny rescue force. They had expected an army. Instead they got a few Americans, a few Germans, and one tank. The next morning, the SS attacked. Somewhere between 100 and 150 Waffen-SS troops hit the castle with machine guns, mortars, and anti-tank weapons. The defenders fought back from the walls and windows. Americans and Germans side by side. The French prisoners refused to hide. Some of them, including Reynaud, picked up weapons and joined in. The Sherman tank was knocked out. The defenders were running out of ammunition. It looked like the castle would fall. Then Jean Borotra, the tennis star, volunteered to make a run for it. He jumped the wall, slipped past the SS, and sprinted through the countryside to find American reinforcements. He found them. And he insisted on coming back with them to finish the fight. During the battle, Major Gangl saw Paul Reynaud exposed to gunfire and moved to pull him to safety. A sniper shot Gangl dead. He had survived the whole war as a German soldier, only to die defending French prisoners from the SS in its final days. That afternoon, the American relief force arrived and broke the attack. The SS were scattered and captured. The prisoners were saved. Jack Lee received the Distinguished Service Cross. In Austria, Josef Gangl is remembered as a hero, and a street is named after him. It is believed to be the only battle of the war where American and German soldiers fought together on the same side.
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President Trump had it all back in February. The 10-Year yield was under 4%, 30-Year mortgages were under 6%, oil was under $70/barrel, and AI investment was booming, with minimal credit risk. Now, that has all reversed. The Iran War was an unforced fumble of epic proportions.
A month ago we had an AI bull market, declining inflation, falling gas prices & impending rate cuts. One miscalculation later, we have an AI bear market, rising inflation, rising gas prices, potential rate hikes, and Americans killed in action. A fumble of epic proportions...
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Energy and people are the purest form of capital First principles
The further you go down the economic and financial rabbit hole, the closer it takes you to energy consumption and population exponentials. That’s where the real red pill moment happens. And suddenly you find yourself in a place where the world no longer looks as it once did.
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Dominic retweeted
China is absolutely insane. As if a pork glut weren’t enough, now it has an electricity glut too… Just think about how insane this sentence sounds: “Data centers are the solution to electricity oversupply.”
This is the first in a three-part series examining China’s breakneck build-out of AI infrastructure as it seeks to become the pre-eminent tech superpower. With @EleanorOlcott and @WillLangley96 from the hinterlands of Ulanqab to Shaoguan Limited free link as.ft.com/r/dd3eceea-e2f6-44…
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Look after your mental health.
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Unsuited to the broader political moment though he was, Starmer deserves serious credit for keeping Britain out of the Iran war despite significant foreign and domestic pressure to take part
Vance's midterms pitch: "Give us another chance. Give us another couple of years"
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So, the Houthi can now strike ships as they enter Bab al-Mandab, as they pass near the Hamish islands, and as they continue towards the Red Sea. Their ability to blockade the Red Sea has never been stronger.
Breaking Houthi forces have reportedly begun arriving on the strategic Red Sea islands of Jabal Zuqar and Greater and Lesser Hanish. The move follows weeks of Houthi operations aimed at cutting supply lines to the islands, including reported strikes on piers and attacks on supply vessels. The islands are strategically important because of their position near the southern Red Sea shipping corridor and Bab al-Mandab. Their capture would mark another significant shift in control following the Houthi advances along Yemen’s West Coast. maps.app.goo.gl/EpypKaT6soZW…
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The UK isn’t ‘a bit slow.’ Workers have 1/3 less capital than peers. Closing that £2tn gap takes 100 years at current investment. Industrial power is about 80% dearer than France. 1 in 4 manufacturers already moving or considering it. 2.8m off work on long term sick. Half of young health claimants still NEET 15 years later. Then the politicians wonder why growth is at 0.4%. While then wanting to tax more.
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lack of people pairing up into couples and getting married reduces social cohesion in unexpected ways. we got new neighbors. saw the guy outside, said hi. turns out his sister died the day he moved in. obviously, him and i never discussed this. but his wife told my wife - only the two women would communicate that. so my wife got them flowers - and gave them to his wife. now, we’re basically friends overnight. but there’s no way the two men in the situation (him and i) would have done this absent the women. i wouldn’t get a guy flowers (bizarre, to me) and he wouldn’t (from his perspective) dump this information on some random guy he doesn’t know. you begin to understand the complex formalities present in cultures like victorian england or feudal japan that carved clear avenues and back channels for things like this.
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