Categories
Emotional Work Media

Day 1859 and Crime Without Punishment

People tell stories of where they were or what they were doing when major world events happened. Most of them are silly and personal but necessary to ground the horrors of being connected at scale while still being such small bit players in the scale of things.

On 9/12 I had just left New York City to return home to Colorado to finish out the high school I’d dropped out of the year prior. My grandmother called me at dawn before I’d left for the annual start of school camping trip, distraught that we couldn’t reach cousins and other family who were first responders or worked downtown. Then we couldn’t get through for hours.

When Lady Diana was killed I was up early for a sports competition preparing my gear when the news broke. My mother and I watched in shock at 4 in the morning as we packed bags.

When Michael Jackson died I was in Miami on my first solo vacation between jobs having sublet a condo for two weeks while I sublet my New York apartment. The grocery clerk at Publix ringing me up asked if I had heard. I attempted to explain that I’d seen it on something called Twitter.

When Jeffrey Epstein didn’t kill himself I was in the hospital. I had been entirely off social media but still listened to the five minute radio news update. I don’t know why but I told my doctor that he was dead and her immediate response was to swear. I recall us both being upset as she shook her head saying “now he will never face justice.”

The entire weekend was a deluge of people processing, concocting, and turning over the “flood the zone with shit” dump of files on Epstein. As if the Friday night “take out the trash” media playbook somehow still held sway over a population of networked humans.

Now we are a species who remember every Harry and tragedy both personally in the context of our own small lives and at large as it emerges into a wider understanding shaped by the contours of those who seek to distract or draw attention.

It’s no wonder we spellbound by conspiracies. I lived across from ground zero for years. Tourists grieved and paid homage next to soap box schizophrenia weaving tales. I grew up on forums dissecting every aspect of death and tragedy from princesses to the King of Pop. Why should the coverage of depraved sins be any different?

So I ask myself why should I believe any of it. Who should I give information dumps and theory threads and newspaper headlines any attention at all? I’ll never know if crimes were punished. Justice works slowly and sometimes not at all.

Categories
Finance Politics

Day 1857 and We’ve Got to Talk About Kevin

My husband was joking with me that he’d been arguing, in the way that men do, about what the state is or is not obliged (or allowed) to do about the movement of the capital class and where they keep their resources.

Capital flight and asset diversification are not just individual decisions but increasingly society ones as well. And it’s not just the wealthy who are worried.

This discourse emerged in the middle of the intense upswings in gold & silver prices subsequent profit taking and draw downs.

• Gold ran to roughly 5,600 USD/oz before sliding 7–10% in a day, still leaving it massively higher on the month.
• Silver briefly traded above 120 USD/oz, then fell 15–20% and is now back under the 100–110 area, which technically puts it in a short‑term bear move after a parabolic rise

These actions were stirred up by debate on Federal Reserve independence (ameliorated somewhat by the new chair Kevin Warsh over Kevin Hassett), China’s buying patterns (both official & wealthy retail) in precious metals and what these two interconnected news items might mean geopolitically for regular people. See this on buying in Australia and on China’s flows for more context.

From remittances to capital controls, the debate is particularly spicy as the dollar has been made to trade deliberately lower for the export agenda, rising remittance dollars (and debate on what’s missing in tracking them) has upset many Americans, and the money printing of the Biden years has raised awareness of inflation and national debt.

Obviously it has been a combustible mix. And thus we see renewed interest in decentralized assets and hard commodities. And then, of course, there has been the trial balloon floating in California of a wealth tax. What should we do about our most moneyed citizens and what do they owe. We tax income not wealth and that change is likely to have huge repercussions.

It seems perfectly sensible that anyone who has dollar denominated assets might be concerned about where that currency is headed, who is benefiting from the changes, and what on earth the Chinese are up to both as a people but also as a nation with unclear monetary goals and tensions between its leader and its military.

Ultimately though this is an incident about the dollar, its long term value, who will oversee it (and which Kevin was meant to have the gig) and where wealth can and cannot go to deploy itself in an era where the rules based order and Bretton Woods are no longer a given.

Categories
Media Reading

Day 1855 and Reading The Certain Uncertainty

My daily routine starts perceptually early when I am in Europe and perceptually late when I am in Montana. The world is currently rotating on the narratives of American Eastern Standard Time and that means I try to rotate with it too.

Alas part of me has always oriented my circadian rhythm around the full noon day sun as I’m I am not an early bird nor a night owl. So European hours work better for me than Mountain West Hours for some types of work.

Most notably the watching of flows of information, particularly from legacy media and its keepers in Washington DC and New York City.

I don’t know where I got the habit, probably from my mother or father, but I always start my day scanning the major newspapers.

There is functionally no local paper to read any longer in most markets but I will take Bloomberg, The Financial Times, The Wall Street Journal, The New York Times, along with NPR before I do anything else. If I’m feeling spicy I might even look through the New York Post.

It’s a habit I was encouraged into as my family was a household that always had a newspaper delivered. Whoever began their day together would share or sections, like a Norman Rockwell painting. I generally remember it being my mother but my father was a great reader as well.

What began with a local Colorado paper turned into many subscriptions. We subscribed to all sorts of magazines and periodicals when times were good and what we could not justify in the household budget, I was encouraged to pick up at the library after school.

Maybe this is why I am such an avid writer, as I am an avid reader. Although I don’t know if either of those habits will have much utility in the future as we transit into visual and oral communication methods. I am still reticent to scroll video platforms.

Now I begin the day not just with a newspaper scan but with every sources of information I can scan from commodity indexes to podcasts and social media.

I like to know where the discourse is being guided as early as I can. Obviously in my professional capacity sometimes I’m months ahead or even years, but I like to be ahead, at least, of the day’s news as well.

Increasingly it is hard to be sure that you are able to paint yourself a picture of what may really be happening as opposed to a picture of what somebody else would like you to think is happening. This was always true but now we are in the fog of war.

Hence my interest in being on European time zones. I can usually get a good grip on what may percolate up being ahead of the London broadsheets. Being just ahead enough of the largest media market (American media is mostly based in Manhattan) can give you a real sense of freedom in these very certain, uncertain times.

Categories
Travel

Day 1847 and Cardio versus Packing versus Ski Bunnies

I’ll be on the road for a portion of tomorrow. Other members of my traveling party have already pulled ahead to parts unknown, as shifting obligations and vehicle needs turned schedules this way and that. Nomads as we adapt to a new world.

Europe is in a tense state and the weather hasn’t helped much. As I’m writing, Davos is awaiting Trump speech in the Swiss mountain town.

I finished a workout in the hotel gym but my room wasn’t quite ready for me, so I went down to the lounge to take in the BBC having had my fill of Bloomberg commentary while in the gym.

Management must keep up with their bosses

You can probably spot the hotel brand and imagine easily my experience intaking the World Economic Forum by proxy as I attempt to manage my life and health in the unspooling of the order of things.

I packed up a slightly unusual range of things for my transit tomorrow, as I had been going by car but will hop a low cost carrier to recenter. Somehow this has my large luggage separated from me. I’m carrying a very fine leather duffle I recently acquired as a gift for my husband.

Will this work for my carry on and personal item?

I have gone from doing a bit of cardio bunny as I work to improve my V02 max to a pack rabbit, as I moved around this and that to be sure my cascade of items and medications were within reach and packed appropriately. And would make weight but I’ll get to it.

I’ll not end my travels as a snow bunny in Davos though I have seen rather a lot of snow in Southern Europe as far south as Greece.

Why are bunnies on my mind? Well I have to keep in mind some odd weights for the low cost carrier I’ll be using for a short hop. Just look at this guide to baggage.

3kg is a silly amount of weight for a bag. That’s the weight of a house pet like a bunmy

3kg (3 kilograms) is equivalent to approximately 6.6 pounds. While this weight is roughly the size of a medium-to-large house rabbit rather than a “small” one, it is a common weight for many everyday household items like a large bag of flour or three liters of milk. Via Perplexity and Weight of Stuff

For whatever odd reason, the carrier listed your personal item or under seat bag as needing to weigh 3kg. This is about the weight of a house rabbit.

Which is honestly not a lot. I doubt any purse I’ve ever carried is under 3kg when you account for laptop, shoes, cosmetics, wallet and other sundries. But we shall see if my backpack can do it. Nothing but pajamas and medications ought to keep it light.

Categories
Aesthetics Biohacking Travel

Day 1845 and Lake Effects

I feel a ray of optimism emerging like a bulb who mistimes a false spring in late winter. I am in the dead of winter and I have the first glimmers of light.

“How you do one thing is how you do everything” is an aphorism about character that would take a natural born contrarian to engage.

I made a series of small decisions to keep myself still and make use of resources and skill clusters so I didn’t have to stress myself for a timeline that I didn’t make.

I took a few days to back off into medical tourism and longevity experiments. Nothing fancy or even novel. I wanted good sleep and a classic NAD+, Myers Cocktail, essential trace minerala, glutathione, Alpha-lipoic acid. Just good clean anti-inflammatory fun.

I want the good decisions about sleep habits and nutritional choices (sea bass, shaved vegetable salad, prawns and artichokes), the good exercise decisions (mobility and V02 max if I can’t push muscle too hard without impacting my my nervous system’s vagal tone).

I feel so lucky that this is a choice I can make. I need to be in fighting shape or the compounding choices of my health will have the wrong trend line. I want to see our future.

I am breathing slowly and watching a kind of lake effect whip up the water in the pool outside giving a fluid dynamics show to anyone who loves the movement of water and wind. That makes me want to live in our present.

Categories
Politics Travel

Day 1838 and Tractor Protests of the Mercosur Free Trade Deal In Greece

As I continued my journey through southern Europe yesterday, I encountered one of the most striking protests I’ve ever seen. At every major intersection and city limit there were hundreds (if not thousands in instance) of tractors lining the streets.

From enormous modern combines to Jeremy Clarkson style esoteric speciality vehicles, I saw more tractors yesterday than I think I’ve seen in my entire life. It was majestic. And it continued for my entire drive through the country from border to port to border.

Mind you I drove a tractor before I drove a car, and I live in farm country so trips to the local John Deere dealership are a monthly ritual for us. And I’ve never seen such a variety of tractors. It made quite the spectacle and was deeply emotional seeing so many of them empty and lined up in a row in quiet dissent.

Crossing an intersection over Greek Farmers protesting the Mercosur trade deal

The tractors flew flags and banners indicating their disapproval of the signing of the EU-Mercosur Trade Deal. The European Union will be trading with the Mercosur bloc consisting of Argentina, Brazil, Uruguay and Paraguay. It is set to create the world’s largest free-trade area covering 700 million people. 

European farmers are not happy about it. Yet the protestors did not disrupt traffic at all. The roads were open and passable. A blessing given that in many areas it either snowing or had recently snowed and the temperatures were below zero.

Mediterranean olive land covered in snow on January 11th.

The snow is not a very common experience for an area that farms olives and grain. And yet on top of changing weather patterns, the Greek farmers I saw protesting (along with 27 other European countries who are signatories) must now contend with farmers in 4 Latin American countries that do not have their standards or rules.

Economic collaboration and global ties were touted in all the press from Brussels as they condemned America’s retreat from trade. And the part of me that is a committed free trader wanted to agree. But the part of me that struggles with illness and the American food system was on their side.

And yet Europe is saying damn their own farmer’s opinions, stick it to America and our government’s trade wars. Ursula von der Leyen will let in Brazilian fruit and glyphosate saturated grains come to Europe.

I am no stranger to protest movements from the Battle of Seattle to EarthFirst! I picked up Alinsky’s Rules for Radicals as a child. I remember the era where organizations like the WTO were criticized and concerns about trade and agriculture were front and center. We forgot along the way and the politics went horseshoe theory but the problems remained.

I don’t farm or ranch, merely keep chickens, garden and maintain our land in Montana, but my husband’s beloved electronic free Deere is practically a family member. We are sympathetic to farmers and care about topics like soil earth, permaculture and the endless glyphosate lawsuits.

I’d rather America be trading with Europe than Europe be trading with Latin American countries. The land some of them work is meant to be rainforest not grain fields.

I’d be furious too if I were a Greek, Irish or French farmer under restrictions my competitors didn’t face knowing that they produced a better product on land cared for under high standards and almost impossible conditions. They know what they yield is destined to move on their ports somewhere. Thats what their ports do. But protest they must.

The Thesolonikki Port as seen from a hotel

And yet here the farmers were, placing their precious equipment on the roads silently condemning the entire lot of politicians who care neither for the people or the land.

Seeing like a state means we are just numbers to them. I couldn’t count all the tractors I saw. There were too many. At every crossing I saw there were more. And that’s the point. It will affect all of us in the local and global balance of the land and the people it feeds.

The land and its stewards ultimately don’t matter where no matter what Brussels says. Neither does America’s politicians and their economic foibles. It’s all a numbers game.

So the farmers showed them their numbers every where I turned. I noticed them. And I hope others do too. What we can do is not for me to say. I see them and am sharing so you can too.

A gas station stop in the middle of nowhere
Categories
Culture Travel

Day 1837 and No Pot To Piss In

The power went out yesterday while I was packing for the next leg of trip I’ve been on. It’s not the digital nomad age anymore obviously but it is the era of IRL reality grounding.

Being in constant contact with different markets and different cultures is a just another iteration of being in the moment but for making your life.

Being small enough that few of my interests interest the powers that be yet lets me be nimble in how I live (even with my health challenges or maybe because of them) so I’m driving up through Albania and Macedonia into Greece today.

At the moment I’m fascinated by the old Soviet capital folks ways from Tallinn to Tirana. I was in Sarajevo for New Year’s Eve.

I feel called to learn more about the people and places that found the brutalism of collectivism a worthwhile trade from the lives they had been living. I’m sure most of them didn’t realize the violence involved but survival can call for more than the civilized man would wish.

What does that mean for our future and who decides it? Will our young people feel similarly? It seems some already do despite much better conditions in America than I saw today as I drove through snowy bedraggled roads and abandoned industrial buildings.

The cold sun on snow and an abandoned factory with my hands visible in the passenger mirror.

The horrifying reality of modernism (and the war machines that came with it) must have baffled an ordinary person. What use has a farmer for state capacity and constant politicking?

Status hierarchies seem more acute now than I can imagine they were for the average person during the height of communism. Survival in the cold is a more understandable motivation than craving Instagram lives.

I stopped to gas up in a mountain town petrol stop. I asked for a bathroom. I was prepared for a mess but found it was simply a hole in the ground. As I attempted the hiking squat of a woman over the drain, I understood what “no pot to piss in” meant as I shivered in the frozen snowed in town.

Some material realities can certainly push you to consider if we can do better for people. Especially when I saw the bill. Gas is at a low in America and still fuel is apparently quite expensive in the semi-socialist European domains. 1.1 Euro per Liter for LPG. Sheesh. Who is that benefitting?

Categories
Culture Politics

Day 1834 and Oops All Reactionaries

A running joke personal joke I have when frustrated by humanity is that every movement compelling enough to reach any scale reveals itself eventually to be “oops all reactionaries” The bigger the thing or the deeper down you go and eventually with fractal consistency “oops, all reactionaries!”

Anytime I have really hard contact with reality this turns out to be true. Reality has been particularly harsh over the last couple decades insofar as materialism has gone for the species.

I have been shielded from reality by the gracious people of the United States of America. And even then if you look too closely “oops all reactionaries!”

I think “oops, all reactionaries” turns out to be a decent lens for assessing our past, present and probably future. If it’s any good it has a core that should concern if you take it too literally. You then have to decide how seriously to take their literalism. If you get it wrong you might wake up dead.

Which I don’t love. Most people just want to go along to get along. Which isn’t to say that getting along in America is easy. We are a surprisingly competitive place for the richest nation state to have ever existed among a bizarre republic of slowly expanded frontiers and boomtowns. So we’ve got plenty of pockets where reality has always been all reactionaries.

We’ve hit our limits a million times and still have shockingly low density. Being an industrious people who enjoy markets this has worked out relatively well for the “empire” and it’s people.

America! It’s not bad and I recommend it even if we do functionally have feudal lords in the form of capital, labor and land managers at various levels of public and private parcels. But being civilized people trying to make a buck we really don’t like it when the shock troops are deployed at home.

We do seem to be ambivalent about it being deployed abroad. This has been my Ted Talk on homeland security. Really though beware the politics of wealthy heiresses.

Categories
Aesthetics Politics

Day 1833 and Noriega 2 Maduro Boogaloo

We’ve had a couple of market trading days to adjust to the new world order being “absolutely no order” and it mostly seems fine. American can capture cartel leaders/heads of state that she dislikes. Weird but so far fine.

The only metaphors are crude puns (see what I did there) and Marco Rubio does every job memes. From the Golden Era of Iran-Contra to Manuel Noriega, it’s never been a better time to have an opinion on the Monroe Doctrine or a LatAm portfolio. Did you know Ollie North married his former secretary this summer? Fun!

I myself have none of this knowledge so the best I can do is imitate Mickey Rooney’s Breakfast at Tiffany’s character saying, “Donroe Doctrine.” Not very funny I know.

Yellow face being racist, perverting the Monroe Doctrine into a pan-Asian accent inflected Capote character is definitely cancel worthy but if you can’t imagine it I’m sure generative AI would oblige.

What’s worse is that my stupid inner monologue mimicry made me I wonder if Xi Jinping has enough of an accent when speaking English for Donroe Doctrine to be amusing. Americans never know these things. Neither does Reddit

Being profoundly American, this is all upsetting except where it is amusing, because the chaos era is firmly here and it’s hard to make any predictions, first derivative included.

That the world is chaos is now such common knowledge that it’s the stuff of moderate Substack consensus intellectuals.

I used to do more victory laps about how my own investment thesis is predicated on increasing chaos. Now I’m just reminded of how much I didn’t want to be right about my own thesis when I started.

Hopefully that hasn’t affected my capacity to stay ahead of the game. The numbers look good but the final score remains to be seen.Because as they say, “hate the game, not the player.” I’m playing to win.

As if we don’t win at making better technologies that stabilize our world then we all lose. I am a progressive when it comes to investing in new technologies that improve material conditions.

We won’t look at Uncle Yud as fondly as Uncle Ted when it’s time for eulogies. We will conclude that Chesterton’s Fence included a bit too much in the enclosure even if strong fences make for good neighbors.

Being a reluctant conservative makes it worse that I love being first. I am a hipster in an era without use for hipsters except the knowledge of what is about to make money. Hipsters are a useless bunch except as fashion editors or as capital stewards.

I happen to own the domain chaotic.capital. You’d think this would be proof positive of being a progenitor or originator of this investment thesis, but it’s such a common sense worldview now it’s about as useful as an NFT after the 2022 crashes.

I have bragging rights and my own metrics page inside AngelList. Which isn’t nearly as much fun as I expected it to be. It’s not bad having some financial flexibility from making good calls, but my primary problems remain health not talent so it’s less enjoyable than I presumed. Thankfully that means I will continue at it based on my own pace and instincts. Good luck out there!

Categories
Aesthetics Internet Culture Reading

Day 1831 and A Stenographer For Everyone

I hate to use a dictation software to write a piece that I typically write with my own two hands and ten fingers but I’m not entirely sure that I see the difference between typing out a hundred words a minute on a mobile phone versus saying something a little more slowly to a stenographer application. I use Wispr Flow

I’m sure if you are a Paul Kingsnorth type, you would be happy to remind us that we’ve lost the “steno-pools” filled with women whose job was knowing just how to speed their notes to keep the dictation flowing. Those jobs are gone as the personal computer made its debut.

I don’t mind writing as I can write just a little bit faster than I can talk. And I often find that my dictation is less pulled together than my writing. But isn’t it funny that we should have reached this point so many centuries later? Yeah.