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@willuminare

gaming-chair economist

⚠️ views own เข้าร่วม Şubat 2009
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Red-Green Alliance
Red-Green Alliance@RedGreenBC·
Equity markets: meaningless sound and fury directed by Robinhood reddit minnows and vibes usefully indicative of class dictatorship and nothing else Bond markets: Noxious miasma arising from cracks in the earth through which the laughing voice of apollo himself tells the future
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JimmyTheGiant
JimmyTheGiant@jimthegiant·
This was peak internet youth culture - pre hyper competitive algorithms, people were still discovering how to go viral, it wasn't a perfected art yet. Tyler and OF fused the white suburban youth, skate culture, tumblr/online meme culture, hiphop, black american youth... creating a massive collective moment and an identity for young people around the world. This era showed everything the internet COULD be
flexxico@ripflexxico

14 Years Ago Today, Odd Future dropped 'Oldie' (2012) prod. by Tyler 📀 A 10-minute freestyle featuring Tyler, Hodgy, Left Brain, Mike G, Domo, Frank, Jasper & Earl The final track on "The OF Tape Vol. 2" 💽

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Aaron Bastani
Aaron Bastani@AaronBastani·
Done without any clear objectives, or anything resembling a plan. A mad time! If you’re remortgaging a few months from now, good luck!
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w////am ❗️@willuminare·
@SimonMagus @DespoticInroad She didn’t just question some accounting behaviours, she repeatedly and deliberately signalled huge fiscal expansion with no preparation at the exact same time as LDI drowned pensions realised they had tighter margins than they thought. The comparison is lazy
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Despotic Inroad
Despotic Inroad@DespoticInroad·
Are Gilt yields spiking because Rayner questioned the OBR's accounting for long-term returns on public investment on a Teams call? Or could it be something to do with Iran War piling stagflationary pressures on our highly exposed, energy-dependent open market economy?
Liam Halligan@LiamHalligan

Check out the ten-year gilt yield this morning - after the UK's likely next Prime Minister tried to lecture international investors about the intricacies of fiscal policy and the UK's national accounts. A subject about which she clearly knows absolutely nothing. Nice one @AngelaRayner !!! Markets now demanding 4.9% per annum to lend money to the British government. In Morocco, it's 3.4%. And get this. In February 2026, the UK government a massive £14.3 billion - according to figures released this morning. No less than £13 billion of that money borrowed last month went on interest payments on existing debt. Think about that for one second - it's utterly insane. The UK's national accounts are now akin to a Ponzi scheme. And yet still, lunatic MPs and potential Prime Ministers call for ever more borrowing and spending - "because it's the right thing to do" Labour's chronic economic illiteracy and internal party-political posturing is driving the UK economy off a cliff ... ⬇️⬇️⬇️⬇️

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Joe Weisenthal
Joe Weisenthal@TheStalwart·
Anywhere you look, rates are shooting up right now
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Brian McDonald
Brian McDonald@BrianMcDonaldIE·
A viral track repeating just two words,“Yanis Varoufakis,” is spreading across Russia's clubland. Created by a Moscow DJ, the tune has taken off among zoomers, with critics linking its appeal to a revival of 90s/early 2000s techno. The irony is that most listeners likely have no idea who @yanisvaroufakis is, they just like the rhythm of the name.
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Nadia Whittome MP
Nadia Whittome MP@NadiaWhittomeMP·
Within just 48 hours of the Tories refusing to sack Nick Timothy for his Islamophobic comments, the far-right is circulating a list of MPs “of foreign descent” trying to “silence” him. This is what happens when racism is normalised from the top: democratically elected representatives being told that we shouldn't be allowed to make decisions here at all, and even that we should leave the country. It’s a racist attack on our very democracy. Will Nick and his party condemn it?
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Isabella M Weber
Isabella M Weber@IsabellaMWeber·
I have studied China for years and have been banging the drum for buffer stocks in essentials like food and energy with Western policy makers. The response was always some version of market fundamentalism: it’s not efficient, it distorts prices etc. Well, here we are.
Isabella M Weber tweet media
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Co-operative Party
Co-operative Party@CoopParty·
The world is generating more and more clean power. 🌞 Our communities should get their chance to produce and profit too - and with the Local Power Plan, that’s exactly what they will do.
Ember@ember_energy

NEW | World adds record 814 GW of solar and wind in 2025, cushioning impact of the gas price crunch ☀️🌪️ The new capacity can generate enough power every year to displace a SEVENTH of global gas generation —or almost DOUBLE Qatar’s annual LNG export volume—saving ~$138 bn 💰

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bread and poses
bread and poses@breadandposes·
Borrow £100bn and buy straight off the rack solar panels and wind turbines and heat pumps and get them installed and prevent 1% inflationary impact on GDP within the year.
Faisal Islam@faisalislam

BLIMEY. After disappointing borrowing numbers and the Bank of England’s hawkish tilt yesterday 10 year gilt yields reached highest levels since 2008 this morning above 4.9%… and possibly heading for 5%. This is rather delicate. The market judges the UK to be energy inflation prone, and somewhat political uncertainty prone too. UK political economy is sending messages right now… eg will the state always step in, in every circumstance now to stop energy bills rising for everyone, even in a generalised energy shock? See the Cornwall Energy projection of a possible £300 annual increase in energy cap typical bills. The IEA is about to advise the world on potential demand management solutions to help (of the sort Germany effected in 2022, which were deemed politically impossible in the UK). Across UK politics can there be reasoned conversations about these things? If the Gulf crisis continues all this will come to ahead in May, when the new energy price cap is set, in the middle of the aftermath of the May local elections, at a time when whispers emerge from leadership rivals of a looser relationship with fiscal prudence. As it happens, my sense is that the Treasury is firmly planning for a far more targeted offering for any support, IF needed, using data that was not available in 2022. The internal view is that many billions of pounds of Liz Truss’ universal £42 billion energy price guarantee scheme were wasted on rich households and on heating the air outside our badly insulated homes too. On top of that the market reaction to the Bank of England’s change of direction was somewhat overdone, as the Governor’s interview by me confirmed, as he told the MPC at the meeting, raising interest rates in the UK is not going to unblock the Strait of Hormuz… that said, some city economists are now saying we could get a rate rise next month, and markets imply three this year. Let’s see. These things could all change with one Truth Social post. There is some time here. We are less than a third of the way through the observation window on energy bills. Whatever the increase on bills summer is responsible for eg 7% of domestic gas consumption… so the immediate impact over summer would be around £10 a month. But there is an issue brewing at the crossover of political and geoeconomic uncertainty for the Autumn, and May is a key staging post. I can see why they keep saying they want a deescalation, both in the Gulf, and in gilts.

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