Arms dealers #3 : EI Weekend 3222
Continuing our popular review of famous arms dealers…
Basil Zaharoff (Arms Dealers 1): EI Weekend 3210
Viktor Bout (Arms Dealers 2) : EI Weekend 3216
Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.
Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
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MACRO THOUGHTS
Top 10 Largest Arms Exporters In The World [2024]
Geeks For Geeks
Chart: The World’s Biggest Arms Exporters
Statista
Infographic: The 10 Companies That Dominate The Global Arms Trade
Visual Capitalist
PLY: Market Movers On Fintech TV
Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.
IN BIGWORLD
From Exchange Invest 3214: March 6th:
There will be some more and better state growth figures to come soon but it’s worth noting the top 5 fastest growing US states 2019–2024.
Over that 5 year period — AFTER inflation BTW — Idaho grew 23.31%, Florida 22.84%, Washington (state not the blob belt of DC) by 18.37% and Tennessee by 18.12%.
If we exclude inflation some of these states grew their gross economy by 40% or more.
Remember the entire EU grew 9% over 15 years from 2009–2024.
EXCHANGE INVEST WEEKLY PODCAST
Now it’s NASDAQ with Plans 24*5,
As Hong Kong Exchanges and Hong Kong Monetary Authority Add Heft to CONNECT Clearing,
Over at LSEG, Misery Loves Company,
While MOEX Post More Robust Results.
The Exchange Invest Weekly Podcast 286
BITCARNAGE
Backing BitaMax?
No sooner did (QV NY Post, Charles Gasparino opine: Trump’s Plan For Crypto Strategic Reserve Could Hit Roadblock In Congress than CNBC reported Trump Signs Executive Order Establishing U.S. Strategic Bitcoin Reserve ahead of his much vaunted White House crypto summit.
So with the reserve funded by appropriating government appropriated crypto, one wonders if there is an appeal risk? In any case, the bickering goes on with even outright disagreement as Solana Co-Founder Opposes President Trump’s Crypto Reserve Proposal (CNBC).
Back to Gasparino: “And why is the government hoarding something that would compete with US dollar-based assets, like the debt we need to sell?”
If you enjoyed this excerpt you may be interested to know that you can read Bitcarnage every day in Exchange Invest.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.
OF INTEREST
As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!
“Merchants Of Death”: The International Traffic In Arms
Origins
Samuel Cummings:
The All-American Arms Dealer
Reason
Sarkis Soghanalian:
Inside America’s Long, Tortured Pursuit Of The ‘Merchant Of Death’
Vice
Dale Stoffel:
Iraq: The Unquiet American And The Murder Of A Whistle-Blowing Contractor
Corpwatch
Adnan Khashoggi:
The Incredible Story Of The World’s Richest Arms Dealer, Adnan Khashoggi
Gentleman’s Journal
The Murky World Of Weapons Dealers
TIME
And back to the notorious Basil Zaharoff:
The Mysterious Mister ZedZed
Tales of History and Imagination
Books worth reading:
Finance Book Of The Week
In “The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals.” Frank Partnoy recasts the life story of Ivar Kreuger, a remarkable yet forgotten genius in ways that force us to re-think our ideas about the wisdom of crowds, the invisible hand, and the free and unfettered market.
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
Suggestions welcome if you would like to nominate a book for us to cover!
Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.
& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest — via Exchange Invest.com — it’s only $499 per annum to join “The Exchange of Information.
Capital Market Revolution
First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp
This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
IPO-VID LIVESTREAM PODCAST
With markets navigating shifting political and economic landscapes, Yra Harris returns to IPO-VID to share his expert insights on investing in the current era. With over 47 years of experience in commodity trading and macro-global trends, Yra brings deep analysis of currency markets, global interest rates, and the forces shaping today’s financial world.
Listen now on multiple different podcast platforms🎧
EI Website | Spotify | Apple Podcast | Anchor
LAST WORD
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