gilesyb.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

gilesyb.bsky.social

Former politico, comment writer, spread betting dealer, editor, now think tanker, consultant, baker of overly dense loaves. I run five times a week so does that make me a Running Punk?

3,089 posts 17,909 followers 1,150 following

Posts 23 Comments 27

It's a horribly conventional view, but it's hard to read this splendid set of articles without being struck by how many of the classic ingredients for a financial storm are in the pot www.economist.com/special-repo... (from The Economist). We have: 1/

submitted 6 hours ago • 2 comments

We only rate dogs. This is Chewbacca having a spa day. He's trying to relax. Please give him some privacy. 13/10

submitted 15 hours ago • 286 comments

Despite being an adult from England for a full thirty years I never fail to be shocked and annoyed to wake up and discover that it's actually raining, what's wrong with this country etc etc

submitted 9 hours ago • 9 comments

Note, these models can come out sycophantic without a single person encouraging it intentionally! Users appear to prefer this style and encourage it through their preferences: arxiv.org/abs/2310.13548

submitted 1 day ago • 4 comments

Short newsletter today on a confusion in the government and in UK politics more broadly, which is basically: 'okay, but do you guys like free markets, or not?'

submitted 1 day ago • 9 comments

this is big, but far from beautiful

submitted 23 hours ago • 0 comments

Cost estimate of the House-passed "Big Beautiful Bill" is out It'd be the largest cut to Medicaid+CHIP and SNAP in history while still increasing deficits by $2.4 trillion due to $3.8 trillion in tax cuts This'd be the largest transfer of wealth from the poor to the rich in a single law in history

submitted 1 day ago • 61 comments

"The issue here is not really one that can be solved by planning law, because it’s fundamentally a problem of political economy." Excellent post. Some 'yes, and' thoughts (i.e. why I think you can a bit solve it with planning law, but only if you acknowledge the political economy problem):

submitted 1 day ago • 4 comments

My pleasure at @stephenkb.bsky.social clarifying the economic question so well is counterbalanced by my irritation at not having written this myself, having been mulling similar for a while. www.ft.com/content/a4c9... Is Labour's analysis of what has gone wrong that it's a failure of markets? 1/

submitted 1 day ago • 1 comment

Isn't "tough" a compliment? And if so, isn't this just a barely disguised plea from the US President that he would like Xi to return to compliment and call him Tough too? www.ft.com/content/4c90...

submitted 1 day ago • 0 comments

I think the word "important" is overused when it comes to the publication of words. It should be used sparingly. This new piece of research from @teraallas.bsky.social and co-author Dimitri Zenghellis is important. www.productivity.ac.uk/news/mind-th... It explains weak UK productivity. 1/

submitted 1 day ago • 6 comments

EXCLUSIVE: I've been told by multiple sources that Chancellor Rachel Reeves will tomorrow announce mayoral combined authorities will now be getting the billions in transport funding promised by former Prime Minister Rishi Sunak back in 2023. A short thread...

submitted 2 days ago • 5 comments

What's the market implication of Musk undermining Trump's fiscal plans? I'd assumed: - lower deficits if he's successful - less freedom of manoeuvre for Trump to make economic policy on a whim - less panic about dollar ? Maybe not so good for equities because they like deficit spending?

submitted 1 day ago • 2 comments

seems pretty clear whom Wolf is preparing to blame if there's another economic crisis - on.ft.com/4kzPdJZ

submitted 1 day ago • 0 comments

And if you ask about this in focus groups etc people will say there is a lot of waste to cut that could mean more spending without taxes. Because politicians/papers have kept saying that for years.

submitted 2 days ago • 31 comments

funny to think that between "Putin's murderous warmongering is forcing the EU to raise defence spending" and "Navarro thinks tariffs are a smart idea" it is the last one that is actually costing the world more money.

submitted 2 days ago • 2 comments

Easy. They're voters who so enjoyed the Brexit campaign that they want us to rejoin, just so they can then campaign to leave again

submitted 2 days ago • 4 comments

Global economy set for weakest growth since Covid, OECD warns - on.ft.com/43Xel7t v Peter Navarro. Responsible for the global economy being $1 trillion smaller. What an achievement

submitted 2 days ago • 0 comments

The Telegraph has become the paper of Correct the Record

submitted 2 days ago • 5 comments

I’ve seen it again today, so here goes: this chart, and the research note it comes from, is extremely silly and misleading. It purports to show a drop in electricity availability in Britain coinciding with the productivity slowdown. It shows nothing of the sort…

submitted 2 days ago • 10 comments

Some personal news... I'm joining @alphaville.ft.com as a full-time reporter! Am obv over the moon.

submitted 3 days ago • 45 comments

"My fear is that Trump then moves on to something that both won’t work and will do massive economic damage if he tries. The obvious one is the dollar payments system" www.ft.com/content/56a7... @alanbeattie.bsky.social keeping me awake at night, busily checking the price of put options

submitted 2 days ago • 1 comment

I’ve always appreciated Dmitry’s technical analysis, but if this is the viewpoint of a mainstream Russian analyst then it speaks volumes about what Europe is up against. A sovereign & well-armed Ukraine is a European interest & Europe has the means to pursue that end for as long as it takes.

submitted 2 days ago • 20 comments