David Skilling

According to @fibke & @dskilling, #AI could widen global #inequality as rich countries better harness benefits, poor countries struggle w/ disruptions, & AI increases pressure on dev. models. Read on: cgdev.org/blog/three-rea…

To ensure AI development benefits everyone, we need global collaboration, ethical AI practices, and a focus on public services & underserved communities, say @fibke & @dskilling in their blog: '3 Reasons Why AI May Widen Global Inequality.' shorturl.at/YvYJC

Some of my thoughts on the ongoing rise in public debt across advanced economies; and the economic and geopolitical risk exposures that this creates. davidskilling.substack.com/p/the-rise-and…

I timed my vacation to coincide with a few weeks of particular economic and political turbulence. My latest note with some thoughts on the structural drivers causing an upsurge in economic and political volatility, and why this is likely to continue: davidskilling.substack.com/p/no-summer-br…

Beyond the busy election calendar, structural changes in politics and policy are underway across advanced economies – with material economic consequences. My latest note: davidskilling.substack.com/p/political-re…

@DavidPintoD Many congratulations David!

It is an enormous honour to be elected MP for Hendon. You voted for change and for a better future for our community and our country. I’ll work hard every day to repay your trust and deliver for you. Thank you.

My thoughts on the winners and losers from ‘the great reindustrialisation’ process: what are the characteristics of economies that are best positioned to benefit from increased capex? davidskilling.substack.com/p/financing-th…

Two weeks of electoral drama around the world, from India and Mexico to Europe, highlight the consequential economic impact of politics: a sign of what to expect as we look to elections in France and then the US. My note: davidskilling.substack.com/p/election-ris…

@ernietedeschi @The_Budget_Lab Yes, political/institutional risk can be re-priced quickly: note also the Truss shock in the UK. Markets overly sanguine about the institutional risk around a Trump victory in November. My note this morning on these risks is here: davidskilling.substack.com/p/election-ris…

Recent market movements in France highlight how suddenly investors can start pricing in institutional and political risk, with very little warning (h/t @dskilling for the chart). My recent @The_Budget_Lab report analyzes these same risks in the US context budgetlab.yale.edu/news/240502/po…

@MichaelAArouet @jamescrabtree My full note - including the chart - on the great reindustrialisation is here: davidskilling.substack.com/p/the-great-re…

While German politicians are laser focused on driving deindustrialization, US manufacturing construction spending is going thru the roof. Gute Nacht Deutschland. Chart @jamescrabtree

@AndrewWilson Thanks Andrew!

Fascinating as always

Economic relations are increasingly contingent on the geopolitics. My note today considers 5 developments in trade flows to illustrate this, from US/China, to North Asia, Mexico, & Australia. A new globalisation is emerging. davidskilling.substack.com/p/trade-as-geo…

After decades of relatively weak investment across advanced economies, we are entering a period of significantly increasing public and private investment - what I am calling 'the great reindustrialisation'. davidskilling.substack.com/p/the-great-re…

Striking from @dskilling on "the great reindustrialisation" — a new capex boom with "first-order implications across the global economy". Net zero transition + AI +, of course, geopolitical rivalry. "wartime economies tend to be capital intensive....." davidskilling.substack.com/p/the-great-re…

My latest note on the pressures across the global exchange rate system due to a strong USD, and the potential for shocks. Currency wars may become another dimension of strategic competition between the big powers. The note is available at: davidskilling.substack.com/p/currency-wars