Harry Maxwell
113 posts

Harry Maxwell
@harrymax
Software leader, @UCL postgrad, MENSA member and wellbeing podcaster. More details coming soon!
Fulham, London เข้าร่วม Ağustos 2011
1.2K กำลังติดตาม9.8K ผู้ติดตาม

@Pivot2Centre You walked from Barclays in Canary Wharf all the way to Bank?? 🤔
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Happened with me in London. I reached on the Friday afternoon and the start date was Monday. On Saturday evening I went for a walk in the city - Barclays, BoE, Cheesegrater, Gherkin, Tower Bridge
I remember standing on the London Bridge and watching the Tower Bridge and thinking- how in the world did I reach here.
le.hl@0xleegenz
Walking alone through a foreign city at night and realizing how far you’ve come has to be a top 3 peak moment of all time
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I just opened the biggest short of my life.
Dubai real estate.
Everyone who paid $2M for a one bedroom studio next to a missile interception zone is about to learn what a bag holder feels like.
This isn’t a trade. This is generational wealth being handed to anyone paying attention right now.
12 months. Screenshot this.

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@LukeDyks Always offer under asking. 20% to start but give convimcing reaosns why
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Public restrooms across China now feature facial recognition dispensers that require users to watch short ads before receiving a strip of toilet paper.
The system was initially designed to prevent waste — some visitors were taking excessive paper — but advertisers quickly saw an opportunity. Now, users stand before a small screen, watch a 5–10 second commercial, and are then issued a limited amount of tissue.
It’s part of China’s growing trend of “smart public spaces”, where AI and sensors track usage patterns to cut costs and improve efficiency. However, it’s sparked debates over privacy, dignity, and commercial intrusion — especially in such personal moments.
Still, the concept represents how digital advertising and automation are merging even in the most unexpected corners of daily life, redefining what “public service” means in the 21st century.

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@RichardJMurphy the clear message from markets is that they want bigger deficits? you have lost me with this one
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The economic commentators are in a panic this morning. The government, they are saying, has overspent in August. The figure for what they call borrowing is a record for the month for five years. They obviously think that everything is falling apart. This, of course, is nonsense.
The government spent what it had to, and it recorded other expenses – like the cost of some sorts of government borrowing that will not be paid for decades – because it thinks it has no choice.
And the government did not raise as much tax as it wanted, because they think no one wants to pay it.
At the same time, everybody wants more spent on the NHS, education, social care, new housing, investment in industry, solving the migration backlog, climate change, and so much more, so the government did not actually spend enough.
These are the facts. And despite all that, there is, according to the Bank of England, capacity for at least £70 billion more in bond sales (via quantitative tightening) to be made into the financial markets than the government needs to supposedly fund its own expenditure over the next year. In other words, these reputedly wise people think that financial markets want to buy many more government bonds than the government is willing to supply by running a deficit.
The problem for all market commentators is that this is very hard for them to admit. It simply does not fit in to their narrative, when the fact is that government borrowing (which is actually nothing more than government deposit taking) is something that people really want, just as much as they supposedly don’t want to pay taxes and do want the government to spend.
The clear and unambiguous message from financial markets today is, then, that those markets actually want more – and bigger – deficits, which is the exact opposite of what commentators are saying.
In fact, just as recent market data is showing that private savers are pouring money into government-guaranteed cash ISAs, so too is the City desperate to put more money into government bonds, which they, too, know represent the only safe place from them to save in the world when financial markets are going mad, valuations are extreme, and any sense of certainty has long since disappeared.
The message of today is not that there is a crisis of government, but rather a crisis of understanding. The real message from today’s data is one that neither the markets, nor the public, nor the government are yet willing to say out loud and yet it is glaringly obvious if you just appraise the facts..
The truth that the markets and people saving in cash based ISAs are saying is that they think that the government is well under control, doing exactly what people want, and markets and individuals throughout the UK are responding in the only rational way possible: they are committing their savings in the only way that the government guarantees is safe right now, saying in the process that the government is the only person they trust.
The only problem is that market commentators don’t see the world for what it is, or market signals for what they really are, or human behaviour for what it actually represents. Right now, across the UK, massive votes of financial confidence are being cast in favour of the government and its capacity as the banker everybody wants to use to ensure that they have a safe place to deposit their money. And that is why we have high government debt. It is because people want there to be high government debt.
That is the only message we a take from what is happening, and the only one we need to hear. Everything else is ridiculous noise. It’s time the world noticed.
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@darrenpjones You are calling others divisive whilst promoting divides yourself...
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We may be in an era of five party politics. But there’s only really two sides.
Our side: a politics of love, compassion and community. With the ideas to transform Britain.
And their side: a politics of anger, division and blame. Posing only a risk to Britain.
So I say to the populist right: bring it on.
Great to close @progbrit conference yesterday. #PBC25

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