First born at MolesBath tonight.

Big news: hearing from several sources in the UK that some pension funds are quickly becoming insolvent due to huge margin calls they can’t meet. The massive move in 30y UK swaps and bonds coupled with risk assets tanking behind the problem. That “explains” the BoE action.

BoE resuming QE through the back door when it should instead raise rates to stem the weakening of the pound. UK starting to look like Turkey and other unorthodox EM with totally wrong policy mix: fiscal and monetary easing

Going to hear a lot more about about these soon I think 🙉🙈🙊 en.m.wikipedia.org/wiki/Interest_…

Something very important is going on in the pension fund industry. Why was the Bank of England forced to intervene as the lender of last resort? Is something going seriously wrong? A thread. 1/

#UnderstandTheEconomy S1 blamed inflation on QE. We had QE continuously since 2009 ish. QE bolsters bank reserves. In 2020-21 There were huge government handouts at the same that few were producing and spending was cut. #BoE now has to fix Sunak’s mistakes!

Interested in #OpenBanking #IdentityManagement #FAPI? Join our Meetup at The Botanist, Broadgate Circle, London. THIS EVENING! 6pm -> 8pm. Drinks and Canapes. meetup.com/forgerock-iden… ForgeRock (Now Ping Identity) #FID #FTT22 #FintechTalents

My advice to the world: NEVER try and take your child abroad for their 16th birthday. You will meet with every 'edge' case there is regarding adult/child metamorphosis. Flights, passports, everything becomes impossible.

Here we go, here we go!

Anyone following this account for anything related to identity management etc please unfollow this account and follow Secure API Gateway

We're soon to release v1 of the Secure API Gateway Use ForgeRock (Now Ping Identity) IG and ForgeRock (Now Ping Identity) Identity Cloud to provide #FAPI grade #Authentication and #Authorization for your #APIs The #openbanking edition has a complete set of Open Banking APIs and a test facility!

Why does Mark Kelso keep telling me I can’t listen until I connect to the internet? Book is downloaded and no signal on my walk! This will be useless on flights and out on my boat!

Lagarde: "I don’t want Europe to be dependent on an unfriendly country’s currency... the Chinese currency, the Russian currency... I don’t want Meta, Google, or Amazon to suddenly come up with a currency..." Big Eurasian land powers, US Big Tech are both hegemonic threats to EU.

Maybe Lana Del Ray should have got up earlier 😂

Now Llana Del Ray is trying to get everyone at the front crushed! 🤦🏻🙄

Late availability Cornwall self catering! Due to cancellations we have week commencing 29th July & week commencing 19th Aug available at our cottage in Port Navas, on the Helford. navasnook.co.uk

Broken Ankle Recovery Ride strava.com/activities/971…

#godneygathering compression is killing the main stage!!!! Embrace