Steve Randy Waldman
@interfluidity.com

“what if we just gave the worst people in the world unchecked power for a while? that would shake things up.”

Steve Randy Waldman
@interfluidity.com

it’s weird that we pass when our body fails.

Steve Randy Waldman
@interfluidity.com

pretty soon we will get to say “Please summarize what will happen in my life” and the machine will tell us and then we will find there is nothing left for us, we’ll just yawn and curl up and slip peacefully away.

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Steve Randy Waldman
@interfluidity.com

i just think the writers missed an opportunity by not combining her role with Jeffrey Epstein’s then we could all be talking about Gillibrand’s Island.

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Steve Randy Waldman
@interfluidity.com

i’m a bit embarrassed of my own tweets from that era. i kind of abused the Crayola feature.

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Steve Randy Waldman
@interfluidity.com

Thread by @heidilifeldman.bsky.social mastodon.social/@heidilifeld...

Heidi Li Feldman (@heidilifeldman@mastodon.social)

Steve Randy Waldman
@interfluidity.com

conjecture: the quality of life in its prisons is a pretty good measure of the success and level of civilization of a society. (note “measure”, which does not make a claim of “cause”. there are Goodhart’s Law risks.)

Steve Randy Waldman
@interfluidity.com

hello.

close up photo of a grasshopper. close up photo of a grasshopper.
Steve Randy Waldman
@interfluidity.com

interesting and straightforward, but credit risk seems inadequately addressed to me. 1/

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Steve Randy Waldman
@interfluidity.com

sure, senior to national debt, but if any EU country for whatever reason fails to fund its part of a coupon, what happens? if there is not some kind of mutual guarantee, the least creditworthy member can trigger partial default, and that would have to be priced in spreads. 2/

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Steve Randy Waldman
@interfluidity.com

if member-states more broadly are constrained, is there a mechanism to convert credit risk (risk of nonpayment) into valuation risk (risk the Euros repaid will be less valuable). experience suggests investors can manage the latter more readily than the “gap risk” implicit in the former. /fin

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Steve Randy Waldman
@interfluidity.com

i guess the other place you might see this is a voting booth.

photograph of a bathroom featuring an ersatz “Girl with Pearl Earring” painting wearing a clothespin on her nose. photograph of a bathroom featuring an ersatz “Girl with Pearl Earring” painting wearing a clothespin on her nose.
Steve Randy Waldman
@interfluidity.com

i periodically repost this one. never really know why. www.interfluidity.com/v2/7964.html

interfluidity » Merge the court

Steve Randy Waldman
@interfluidity.com

makes me jealous of certain members of foreign intelligence services.

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Steve Randy Waldman
@interfluidity.com

the rise of China is not the problem, is the opposite of a problem. the problem is the fall of America. the two did not need to be linked, but for foolish American policy choices.

Steve Randy Waldman
@interfluidity.com

one nice thing about being in Europe is you get to see all the surveillance Substack is putting you through.

screenshot of “Cookie Preferences” that pops up on Substack in Europe, showing Google, Facebook, Twitter/X, and other trackers. screenshot of “Cookie Preferences” that pops up on Substack in Europe, showing Google, Facebook, Twitter/X, and other trackers.
Steve Randy Waldman
@interfluidity.com

i was trying to remember something, but i forgot what i was trying to remember.

Steve Randy Waldman
@interfluidity.com

absolutely.

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Steve Randy Waldman
@interfluidity.com

maybe we should revert to stink.

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Steve Randy Waldman
@interfluidity.com

the Supreme Court is playing a Jenga game, pulling away one protection at a time of the vague, lived “it’s a free country” experience many of us associate with America. at first nothing seems to happen.

Steve Randy Waldman
@interfluidity.com

if they don’t let you vote because you look like a libral, you can sue and a judge can tell you they should have let you vote but what can be done let the next voter sue.

Steve Randy Waldman
@interfluidity.com

the universal binding of Supreme Court decisions affords justices more power than is necessary to give particularized litigants justice. “inferior” judges should pay the Court no mind, do their own thing, let each set of litigants appeal to the Supreme Court if that’s their thing.

Steve Randy Waldman
@interfluidity.com

i am serious about this. the current supreme court is unworthy of respect. jurists who value the rule of law should simply not respect it.

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