PPCC: Pisitófilos Creditófagos. Primavera 2026

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/13882046/04/26/las-exportaciones-espanolas-a-eeuu-caen-a-los-2426-millones-de-euros-hasta-febrero-un-121-menos-que-el-ano-pasado.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/13883080/04/26/el-pentagono-anuncia-inversiones-en-sus-bases-espanolas-pese-al-choque-con-trump.html

Saludos.

[Cadavre Exquis]

https://x.com/TamayoStuff/status/2047576512719618404

TAMAYO · 2026.03.09 · SE NOS HA IDO DE LAS MANOS | Tráiler

https://www.rtve.es/play/videos/se-nos-ha-ido-de-las-manos/episodio-1-activo-seguro/17034957/

Saludos.

[CHOSEN]

El dinero estricto —el activo financiero plenamente líquido sin vencimiento ni rendimiento— solo puede ser emitido por el banco central de cada Estado, y en su propia moneda. Para él es un pasivo, una deuda.

Usted dice que el dinero es una deuda. ¿Quien la paga?
Pregunto, qué hay al otro lado del balance.
No encaja.
¿Ese dinero estricto (pasivo para el BC) no será el NETO?
No podemos asumir que el dinero es un activo plenamente líquido y luego decir que es una deuda al otro lado del balance, porque las deudas no tienen la característica de ser plenamente liquidables en tiempo y forma.
¿Acaso los usuarios tenemos una deuda con nuestro BC?
Entiendo que una parte se emite como deuda, pero... ¿todo el dinero en circulación es deuda? No lo creo.
M1, M2 y M3 deben ser mayores que la deuda de la UE (no lo se).
Por lo tanto, no todo el dinero podría ser deuda.
El activo sería = pasivo y el neto sería cero.

[Derby]

https://www.cnbc.com/2026/04/24/strait-hormuz-baker-hughes-iran-war-oil-lng.html

Strait of Hormuz may not fully reopen until second half of 2026, Baker Hughes says

Key Points
*Oilfield services firm Baker Hughes assumes in its financial guidance that the Strait of Hormuz may not reopen for months.
*A Dallas Fed Energy survey of oil and gas executive found nearly 80% believe the strait will not reopen until August or later.
*Baker Hughes CEO Lorenzo Simonelli said oil and LNG prices will face “persistent risk premiums.”

Two boys paddle-board in the sea as ships are anchored near the shoreline on April 22, 2026 in Bandar Abbas, Iran. Stringer | Getty Images

Baker Hughes is working under the assumption that the Strait of Hormuz may not fully reopen for months, a senior executive at the influential oilfield services firm said Friday.

Baker is assuming in its financial guidance that the U.S.-Iran conflict continues through the end of June and the strait may not be fully operational until the second half of the year, Chief Financial Officer Ahmed Moghal told investors on the company’s first-quarter earnings call.

“There’s still a great deal of uncertainty regarding, ultimately, the duration and depth of the conflict,” Moghal said.

Baker is one of the most infuential oilfield drillers in the world with extensive business in the Middle East. The assumption that the strait may not reopen for months is widely shared in the energy industry.


Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas found in a survey of nearly 100 oil and gas executives that nearly 80% believe the strait will not reopen until August or later. More than 80% of executives who responded see future disruptions in the strait as somewhat or very likely, the Dallas Fed Energy survey found.

Baker Hughes CEO Lorenzo Simonelli said “geopolitical risk has become a structural reality for oil and gas markets” after the Iran war. The closure of the strait has impacted 10% of global oil volumes and knocked offline 20% of global liquified natural gas (LNG) supplies, Simonelli said.

This will likely to result in “persistent risk premiums for oil and LNG prices,” the CEO said.



The strait is one of the most important trade routes in the world, particularly for energy markets with about 20% of global oil supplies passing through the sea lane before the war. Iran has managed to choke off exports through the strait by attacking tankers, triggering the biggest oil supply disruption in history.

Tanker traffic through the strait remains very low as the conflict enters its eighth week. The U.S. and Iran have both seized commercial ships as they try to enforce competing blockades in and around the strait during a fragile ceasefire agreement.

Correction: Baker Hughes assumes in its financial guidance that the Strait of Hormuz will not reopen until the second half of 2026. A previous version of this story didn’t provide that context.