I just had the chance to read Lebanon’s proposed bank deposit restructuring law. I understand why many people are angry. There are indeed many flaws, but I also think all practicable solutions will leave most people unhappy. Whatever the details, any solution is going to require

Feeling “grateful” is obviously not feeling happy or even content. To use a mathematical formula that Effective Altruists might understand: EA = 1/(Status Anxiety).

I would suggest reading Voltaire: "The best is the enemy of the good". There is no solution to Lebanon's banking mess that wouldn't leave most people unhappy. Layering moral arguments on top of financial ones only complicates matters. Calls for the retroactive application of laws

New Year's Day is my favourite holiday. It is neither national nor religious. It comes no social or family obligations. You can really do nothing. Wonderful.

Apparently the incredible uprising in Iran isn’t one of BBC News (UK) top stories… #DefundtheBBC

I can’t wait for the Maduro photos

🛑 Reminder

Europeans are at previously unforeseen levels of monitoring the situation

Ha! Some people are having fun with Chavez's wikipedia page.

The US defence of Taiwan, 1949–2026

The "rules based order" has unfortunately meant that terrible regimes thrived - Venezuela, Iran ... So, what is the point exactly? Should we be lamenting or celebrating?

Oussama Himani "The law become the weapon of every kind of greed! Instead of checking crime, the law itself guilty of the evils it is supposed to punish!" Frédéric Bastiat

I remember many on Lebanese Twitter mocking chocolate hummus that appeared in American supermarkets. But what have we here coming out of Beirut now?

Apparently, what’s going in Iran is a “crisis” not a potentially exciting tipping point.

Who is the intended audience of this post? Is he trying to tease Jeremy Corbyn out of hibernation on Iran?

😆

This is the strongest piece of evidence yet that AI isn't going to take all our jobs.

Captain hindsight trading right here.

“NB there is no Labour Liz Truss!” Yup. Truly inimitable.

Like Michael Saylor , Bukele keeps buying. Unlike Strategy shareholders, Salvadorans can’t sell.