Economic Man (@EconomicManBlog) header
Economic Man (@EconomicManBlog) profile picture

Retired RE and special situations investor (GS and own firm). Economics (Bowdoin College/LSE) and Finance (Univ of Mich). Libertarian. NOT INVESTMENT ADVICE.

United States
Joined March 2016
Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)Photo by Economic Man (@EconomicManBlog)
This is why tennis is the greatest sport in the world. A 🧵
5
3
1
14
3,358
This guy better never go above the ground floor of any building.
Retired Russian General Leonid Ivashov has delivered a devastating assessment of Vladimir Putin’s leadership, Russia’s war against Ukraine, and the deteriorating condition of the Russian state. Ivashov is no ordinary Kremlin critic. He is a retired general, professor, and geopolitical analyst with decades of experience in Russia’s military establishment. He publicly opposed the invasion of Ukraine before it began, warning that the consequences could be catastrophic for Russia itself. Now, nearly four years into the full-scale war, Ivashov argues that his worst predictions have come true. After watching Putin’s lengthy televised appearance, he described a president increasingly detached from the reality experienced by ordinary Russians. “I saw neither a leader, nor a commander, nor a defender of the people. I saw only a man living in a fairy tale, while the rest of the country is trying to survive on 16,000 rubles a month.” His assessment of the war was equally severe. According to Ivashov, Russia has failed to achieve meaningful military success while suffering strategic defeats that extend far beyond the battlefield. He described an economy under growing pressure, industries in decline, a collapsing education system, and scientific institutions struggling to survive. Healthcare, he warned, is deteriorating as regional governments reduce medical spending. Rising prices are steadily impoverishing ordinary Russians, while declining food quality adds another burden to households already struggling to make ends meet. But perhaps his darkest warning concerns Russia’s demographic future. Ivashov portrayed Russia as a country experiencing a profound population crisis, with the war accelerating the loss of working-age men and worsening an already dangerous demographic trajectory. He was equally dismissive of the Kremlin’s claims about Russia’s international partnerships. North Korea and Belarus, he argued, cannot provide the economic or strategic support Russia needs. And China, despite Moscow’s constant declarations of friendship, should not be mistaken for a genuine military or political ally. Having worked with Chinese officials for many years, Ivashov rejected the Kremlin’s portrayal of Beijing as a dependable strategic partner. His ultimate warning was stark: a strategic defeat in Ukraine could threaten not merely Putin’s political future but the territorial and institutional integrity of the Russian Federation itself. What makes these remarks particularly significant is their source. Ivashov is not a Western politician, a Ukrainian official, or an opposition activist speaking from exile. He comes from the Russian military establishment and opposed the invasion before the first Russian tanks crossed Ukraine’s borders. His conclusions are sweeping and controversial, and the specific quotations attributed to him require verification against the original interview. Nevertheless, his longstanding opposition to the invasion illustrates something the Kremlin has repeatedly tried to obscure: criticism of this war has also emerged from within Russia’s own military circles. The central question is no longer simply what Putin hopes to achieve in Ukraine. It is how much more Russia will sacrifice in pursuit of those ambitions.
2
7
565
He's talking to you, Doc. @AbdulElSayed
Nobody Should be Associating With Hassan Piker
1
141
Really leaning into it now.
Trump: Arnold Palmer was all man. This man was strong and tough. And I refuse to say it, but when he took showers with the other pros, they came out of there and said, 'Oh my god. That's unbelievable.'
123
According to a lot of Leftists, Israel is an “apartheid state.” So very interesting to read that the kingmakers in yesterday’s election will likely be the 2 Arab parties. I don’t remember Nelson Mandela being a kingmaker in pre-1994 South Africa. @JonahDispatch
1
1
168
California has on its ballot now a proposition to create loans with a 3% downpayment and below-market interest rates. What could possibly go wrong? BTW, what happens when you subsidize demand while still suppressing supply? 🤔🤔🤔 @scottlincicome
.@PhillyMayor Cherelle Parker tells @EmilyRPeck that the city hopes to launch its historic mortgage program “before the end of 2026.” “Imagine getting a mortgage, a 30-year commitment, with no PMI,” Parker said, and accessible “with less-than-perfect credit.” #AxiosLive
2
142
This reminds me - even a bit visually - of "Mad" Maxine Waters praising Franklin Raines (CEO of Fannie Mae, subsequently indicted for accounting fraud) for "outstanding leadership" and "innovations" like no doc loans.
.@PhillyMayor Cherelle Parker tells @EmilyRPeck that the city hopes to launch its historic mortgage program “before the end of 2026.” “Imagine getting a mortgage, a 30-year commitment, with no PMI,” Parker said, and accessible “with less-than-perfect credit.” #AxiosLive
1
165
I can't believe how often I find myself using this quote these days.
1
1
74
I repeat: one of the top 3 funniest/wittiest movies of all time.
In My Cousin Vinny (1992), Marisa Tomei seemed to come out of nowhere and suddenly become a star. With a role in a low-budget film that was almost a B-movie, she won an OSCAR. It was a hugely unexpected victory, considering the competition she was up against, but anyone who has seen her performance would agree that she was absolutely deserving of it!
1
4
271
Here is your periodic reminder (from the WSJ this time) that @CathieDWood and @ARKInvest are among the most incompetent fund managers on the planet: 18X the fees of Vanguard's low cost ETF to lag an index by 130%. A typical Tesla bull: a moron.
4
4
1
21
759
This is unfair...to Yeltsin. He had the excuse of being drunk. Trump doesn't drink.
I lived through Yeltsin, and Trump's behavior mirrors him so precisely it's disturbing. The same clownish performance. The same promises. The same destruction of a country while the leader talks nonsense and dances. Dear Americans, good luck.
1
282
Conversely, nothing like this is happening in Russia, right @elon? You piece of shit.
What’s actually going on in Ukraine is that there is a massive incentive difference between the elites and the people. The former have grown very rich off the hundreds of billions flowing to Ukraine, while the latter’s children are conscripted to die in trenches.
1
134
This could also be for you, @nickgillespie.
You might find this funny, @PhilWMagness. A great version of Marxist gibberish.
1
128
You might find this funny, @PhilWMagness. A great version of Marxist gibberish.
1
1
283
If the Dems are going to take over the House, then let's hope for a big win. Otherwise, Dem leadership will be beholden to a DSA minority that could cause the same type of chaos that a looney minority has done to the Repubs in the House. @JonahDispatch wsj.com/politics/elections/t…
104
These fuckers.
“I can excuse bombing Ukrainian cities, but I draw the line at damaging russian oil refineries.”
1
6
229
The GOAT. The acceleration. The balance. The ability to cut. The ability to read the field. The guy was unstoppable even though he played for very mediocre teams where the opponents were 100% keyed on him.
Kids these days will never truly understand just how great Barry Sanders was...
1
240
I am never deleted this app. @GadSaad
The newest painting in the Louvre. “The Girl with the Suicidal Empathy.” Oil on canvas. Go see it while the Louvre is still standing.
3
240
If Daniel Kahneman (of "Thinking, Fast and Slow" fame) had been a goalie for the Alberta Flame. @ATabarrok @scottlincicome
No exaggeration, this guy might be the best interview in pro sports right now
6
9
2
105
22,151