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Fiscal Policy
Fiscal Policy
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Weston NakamuraVisionary
Real Vision Exchange Manager, Programming and Community Engagement

For the 🇯🇵 Opening Ceremony

Heres your “moment of silence“

DM indices YTD % - great job NKY225

Maybe not “the Enron of COVID“ as I had labeled it - but looking more like the Lehman of COVID. 

Olympic Stadium Capacity: 64,000

In attendance: 990 of the world’s COVID policy direct influencers & implementers - literally the 1% (spoiler alert: COVID remains & resurges, hence 1% full)

Outside Olympic Stadium - thousands and thousands of pissed off protestors creditors who are paying the economic price, as well as paid for the stadium itself.

Great call not allowing them in for social distancing precautions

Gotta hand it to them - they’ve managed to televise the COVID fail issue, the global wealth divide issue, and the waste of fiscal/taxpayer issue in one

https://youtu.be/9WUEx9EvwiA
Weston NakamuraVisionary
Real Vision Exchange Manager, Programming and Community Engagement

Delta Hedging Tokyo 2020 Olympics Video: Opening Ceremony Eve w/ Ash Bennington

https://vimeo.com/578392570/8265be80b0

Following up on my written post last week “Delta” Hedging 2020 Tokyo Olympics   @Ash Bennington joins me on the eve of the 2020 Tokyo Olympics Opening Ceremony tomorrow (Friday, July 23 2021), for one last overview of the serious (and seriously overlooked) situation on the ground, before we (as a global community) dive into the first real test of where we really are with this pandemic since inception.  

Filmed + footage from what should be a vibrant, bustling summer night of excitement in the Tokyo Station area - the heart of the world’s largest metropolitan region by population and GDP. This is the eerie calm before the storm.   


Latest Updated Facts & Figures:

•1,979 - latest Tokyo COVID daily cases (6m high)

91 - latest COVID positive cases among “Games-concerned personnel“

•Tokyo2020 now most expensive in history

Original revenue expectations: 
•¥1.52bn = ¥152k avg expected tourist spending x 1 million tourists 

•¥90bn = 630,000 ticket sales

•Large OLED TV sales +50% YoY (no spectators = TV sales ↑)

 

Week-of firings:
•Director of Opening Ceremony fired on Opening Ceremony eve- Holocaust jokes

•Opening Ceremony music conductor resigns on accusations of past bullying & abuse of the disabled

+Feb: Tokyo2020 President & former Japan PM Mori fired- sexist remarks.  +March: Creative Director fired- sexist remarks

 

•"Delta" Hedging 2020 Tokyo Olympics (Original Written)

•Japan: The World’s Biggest COVID Failure

Wissam Ali
High Performance Computing Systems Engineer

Sign Posts for Inflation. What to Look for? Summarizing thoughts by Russell Napier, Russell Clark, and Luke Gromen.

I am outlining here sign posts you should be looking for that might turn the tide from disinflation to inflation. I will summarize what each macro thinker is looking for:

  1. Russell Napier: Russell believes that governments will mandate credit rations to the commercial banks for political goals. These political goals are reducing inequality, fighting climate change, favoring small business over big corporates, and the shift from return on capital to the return on labor. He expects money growth to grow on average 10% year over year. He expects inflation will be around 3% to 5%. He expects central banks (including the FED) to be compliant to government wishes. Examples: A) In the UK, usually the longest term fixed mortgage you could normally get was five years. Prime minister Boris Johnson has now created a 25 year fixed mortgage for first-time buyers, offered by banks, guaranteed by the government. B) Bank of Japan has mandated that commercial banks lend at 0% for climate change related lending. C) In the US watch for student loan forgiveness and other social programs for millennials. He expects government bond yields to stay low through central bank purchases and mandating financial institutions to buy more of government bonds. In another words no more free markets. So Raoul Pal's chart of truth turns into the chart of deceit!
  2. Russell Clark: Russell is following China closely. What he is observing is that China is already attempting to have policies that favor wage growth and the return on labor... (More)
Sam ColtExChangemaker
"So called Business Engineer"

EU Commission released their plan for reducing net emissions by at least 55%

Today the EU Commission unveiled their big Green plan and the ETS is a really big part of it 
something @Raoul Pal discussed with Pierre Andurand)
https://www.realvision.com/shows/investor-masterclass/videos/pierre-andurand-the-oil-master-looks-to-the-future?source_collection=925dc1d8377344bbbc46d06e36f63051

 

Also, this is related to this post on the exchange: https://exchange.realvision.com/question/raoul-mentioned-investing-in-eu-ets-is-there-a-similar-investment-in-the-us--6093d1f1579bbe23db7a5785

 

 

For those into futures there is something new in the making: the Carbon Contracts for difference (CCfD’s) 

 

 

Who pays the ETS? the end consumer ofcourse :D (I wonder if it would be possible to buy my own consumption at the low ETS price now as an inflation hedge?). 

 


Lots of reading can be done here ==> (for some strange reason the executive summary is at the very end pg. 578). 

Pages and Pages of information available here: 
https://ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal/delivering-european-green-deal_en#latest