Clem Fon

Since the start of von der Leyen's second mandate, EU sustainable finance norms face intense dismantling pressures. My new @JEPP article shows this started years ago when the fossil fuel industry “woke up” to the EU Taxonomy. 🧵 #EUTaxonomy #SustainableFinance👇 1/10

And the EU under VdL 2.0

Crypto and gold hoarders as antisocial. Money as a collective institution of trust. Fantastic paper

Alors pour accuser la "racaille" et l'utragauche (argh, sic) de mener à la ruine financière de la France, il y'a du monde. Mais pour critiquer Jean-Pierre, responsable de la sécurité numérique à Carrouf, qui utilise son année de naissance en mdp, il n'y a plus personne (dizaine de millions € pertes)

What a piece of news to wake up to György Matolcsy, Hungary’s former central bank governor, has been taken into custody as a crackdown on Orbán-era corruption networks intensifies The case centers on €500 million in public funds siphoned off through opaque investments & real estate deals telex.hu

Ok, some people are hungry & cold because they cannot afford food and energy anymore. But are you sensible to real world problems such as the increasing lack of slots to park one's superyacht? #democraticyachting www.ft.com/content/1a93...

Dans des échanges consultés par @mediapart.fr, un agent du renseignement n’en revient pas : «On nous demande d’écrire que c’est LFI qui est derrière le mouvement alors que c’est faux». Comme lors des Gilets jaunes : le mensonge pour dissimuler le fiasco👇

But this reasoning assumes that those who move from the center to the far right are center-right at heart. Many of these voters were far right already, and simply had no credible party to vote for. Those voters will likely prefer the original to the copy. academic.oup.com/book/57946

Car manufacturers are no longer obliged to use green steel as redemption for combustion-engine cars, is the German-France proposal. Instead, rail (!!) will have to compensate!

Football players www.ft.com/content/122e...

Reform UK candidates caught saying some proper sick things about women and minorities in a new ITV undercover expose. Explains why the party has been panicking and lashing out at ITV over the past few days. The ITV documentary "Undercover: A Year In Reform" will air on 18th October.

As for many here, Perry Merhling was hugely influential and helpful in my early academic years when I was trying to make sense of shadow banking/modern finance. I watched his YSI lectures countless times. The King of the balance sheet is dead,vive la balance sheet.

Couldn't be a best time to do so. It will be so successful. Visionnary. Future proof.

@financialtimes.com. This is not how you interview a far right party leader, even from a political economy angle. Why don't you ask about the economic /poltiical impacts of national preferences policies? Or whether she plans to rise taxes for high incomes again to lwoer public deficit?

🚨 Where do governments spend their money? www.ft.com/content/c6a2...

1/12 : autopromo ! Où en est la droitisation ? J’ai mis à jour certains des résultats de mon bouquin de 2024 C’est là et l’accès est libre. esprit.presse.fr/article/vinc... Merci à la rédaction d’Esprit.

New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854

1/ Ce que les élèves du lycée Paul Eluard (St-Denis) ont obtenu après 15 jours de blocage (mail du proviseur, lycée de 2000 élèves) : "Les premières mesures mises en place à partir du 12 octobre : Papier toilette et savon : ils seront mis à disposition dans toutes toilettes du lycée.

Harvard just dropped a study AI productivity in software engineering and it found the average increase in productivity from using Claude code is.....zero and for exactly the reasons you'd think fion.ac/jellyfish.pdf

Apparently, states can tax their elites doing overseas tax evasion. Apparently, almost no billionaire flies away when you raise taxes (see the norwegian case). But in the EU, we still try to lower public debt & deficits via austerity because we cannot tax the richs.

Holy shit. Someone has decompiled the Adobe suite, rebuilt it in Rust and released it as open source. Either all software is dead or the US copyright laws are about to receive an update. getartcraft.com/apps

Why did the EU not protect its solar-PV industry from China? Oh, I see... doi.org/10.1016/j.er...

👋 @ecb.europa.eu If you ressurect conditionality politics when stabilising French debt, could you ask for the suppression of tax loopholes for firms and rich households rather than health and education cuts? Maybe technocratic pressures will do better than French conservative politics. Best,

Why are we still allowing UAE-based finance to operate as if it was legit business when it is the heartland of forgery and shadow Fx payments allowing Russian forces to keep murdering Ukranians?

AI and austerity in higher ed. Our inability to end our fossil fuel addiction strains our public budgets. This is used as an excuse for austerity cuts targeting schools and university. As scholarship fees rise and our budgets shrink, we are advised to forget abt books in class and use AI instead.

Thread genial

Un couple formé pour 4710 litres de boissons bus (sic), c'est un meilleur ou un pire ratio que les 119% de dette par rapport au PIB?

👋 @ec.europa.eu. I know you do not really care anymore about the post-fascist identity of the governments you deal with, nor about your environmental objectives, but are we fine than Meloni uses (green & digital) Next-Gen funds to fund a suspension of road taxes during an election year?

The mainstreaming of fascist tropes in France reached the point where a RN MP finds it ok to defend Bardella by saying: Who remembers what they said to their friends at 17, when you might crack a joke to amuse the crowd? Who never drew a swastika with their compass in high school or at university?"

Some years ago, the main tool to face speculative attack/downwards valuation on sovereign debt was a powerful central bank. Today, it's solar panels and electrification, you know, the road EU conservatives have blocked because greening is "woke" www.ft.com/content/f894...

What could go wrong?

I understand why top4 consultancy is afraid of chatbots now. They really do similar things

In 1986, a nuclear power plant in Chernobyl went rogue. Doesn't make sense? Yes, you're right, and AI tech barron's narratives don't either. Rather, let's start talking about weak regulation and poor internal security systems (as we did with nuclear power plants)

HUGE UPDATE: we halted Amazon's panel at Climate Week. We shut it down so hard that every guest and every speaker had to leave the premises. No one was able to return. Their whole event lasted less time than their warehouse workers' pee break.

24 septembre 2026 : encore 37 °C en France. Si cette température était un épisode isolé, je n'en ferais pas un post. Mais ce n'est justement pas le cas car cela dure depuis le mois de mai.

Dude, your muse charm talisman bla is basically a tamagotchi. It will die after you forgot to feed it for 2 days. www.ft.com/content/f477...

Pourquoi l inflation alimenterait elle l extreme droite? A la limite, que les gouvernements en place soient punis, comme Trump risque de l etre aux midterms, ok, mais sinon je vois pas les liens causaux

Damn. @tobyn.bsky.social has produced the most detailed map of Big AI’s incestuous relationships I’ve seen so far. And it’s interactive! www.ft.com/content/8475...

This.