Further reading

You know that famous XKCD famous cartoon about precedents in US presidential elections? The principle is less easy to apply to macroeconomics. Here’s a chart from TS Lombard:

Elsewhere on Thursday . . .

Tory peer Michelle Mone secretly received £29mn from ‘VIP lane’ PPE firm (Guardian)

Why isn’t the whole world rich? (Asterisk Mag)

Can Nigel Farage make you rich? (Bloomberg $)

Is Alexa working? (Benedict Evans)

Adult performers, Trump supporters and parodies: who is paying for Twitter? (New York Times)

FTX’s regulatory chief had 4 job titles in 2 years. What was he really doing? (NBC News)

The race to save Serum, Sam Bankman-Fried’s other crypto exchange (Wired)

Crypto: everyone was just that stupid (Heisenberg Report)

Welcome to the Ambaniverse (Rest of World)

Housing breaks people’s brains (The Atlantic)

Members of Congress crossing ethical and legal lines in trading stocks (The Bullwark)

How Jay Powell is bending time and upending the business world (Slow Boring)

— “I was an intern at SpaceX years ago,” claims some guy (Tumblr)

The high price of absolutely everything at the airport (Vox)

A guide to Mastodon circa 1985 (YouTube)

This post was originally published on Financial Times

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