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annpettifor.bsky.social
I write about the global financial system & its impact on the ecosystem. Books: The Production of Money, The Case for The GND (2018), The Coming First World Debt Crisis (2006). My newsletter: System Change, https://annpettifor.substack.com/
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Folk musician Rhiannon Giddens said on social media that she has moved her May concert – originally scheduled for the Kennedy Center – to a different venue in Washington, D.C.

Sometimes my colleagues & I genuinely wonder if we are working in the last years of the NHS. This is no longer a fight just for staff the UK public needs to make a stand with us before it's too late. The #NHS belongs to all of us. All of us should protect it!

Tonight!

That’s this letter in the London Review of Books in 2013. www.lrb.co.uk/the-paper/v3...

This is the very definition of a rogue, self-harming, unprovoked attack. Instead of taking the W of Assad's ouster & working to get relations with Syria's new leadership- which has studiously sought to avoid conflict- off to a mutually beneficial start, Israel bombs Damascus.

This is classic. Legislator votes that "using incorrect pronouns" is freedom of speech. Gets pissy that he is addressed by "Madame Chiarman" www.thepinknews.com/2025/02/24/c...

No thank you, we really cannot handle this today: www.nytimes.com/2025/02/25/w...

Good thing we recently withdrew from the WTO and killed USAID's international public health programs www.washingtonpost.com/world/2025/0...

Pressure builds on newsletter company Substack to stop revenue sharing with Nazi writers www.nbcnews.com/tech/interne...

London Borough of Culture plays an important role in providing positive opportunities for young people, boosting the local economy and uniting communities. Wandsworth has put together a brilliant programme for the year ahead.

The world has changed since Labour took office. With defence spending set to rise beyond 2.5%, the government should re-consider whether its commitments on spending and tax are fit for the future. @harryqp.bsky.social 👇

Thank you @arablit.bsky.social and especially it's many supporters. Ranya Abdelrahman’s translation of thirty-one selected stories by the great cult-classic Palestinian writer Samira Azzam - their first community-supported translation.

Trump will be dead by then. Does he care?

This government is tee-ing up Reform for its place at No 10’s table - all because of economic orthodoxy and the mindset Draghi condemned in the FT this week. It as if McSweeney is in their camp already.

Keir Starmer announces Nato-qualifying UK defence spending will rise to 2.5% of GDP/year by 2027 (from around 2.3% today) - to be funded by cutting overseas aid budget from 0.5% of GDP to 0.3%

The world's glaciers are melting faster than ever recorded under the impact of climate change, according to the most comprehensive scientific analysis to date. Since the turn of the century, glaciers have lost more than 5% of their ice. www.bbc.com/news/article... #ExtremeWeather

In case you were wondering, the 2-year running mean for the global surface temperature anomaly is currently at 1.57°C above the 1850-1900 IPCC pre-industrial baseline.

In Jacobin, Julia Damphouse observes that losing their "anti-woke" faction helped Die Linke regain its footing as a straightforwardly left party. That's encouraging! Perhaps something similar could be possible in the US. Maybe even at certain left-wing magazines. jacobin.com/2025/02/germ...

This shows that the only thing that stood between this parliament and a fiscal stance that was *not* degrading nearly everyone's living conditions was prisoners' dilemma of the prisoners' own making. Resolving it would have required a modicum of ambition and courage. 1/3 www.ft.com/content/33b4...

Trump wants to sell off public lands so he can build a sovereign wealth fund. What am I bid for Yosemite? Yellowstone? The Grand Canyon? www.americanprogress.org/article/trum...

The richest man in the world has parasitically imposed himself on the federal government to insist that all employees generate content for his language-processing machine, conscripted the administrative state as monkeys at typewriters, all under penalty of dismissal should they refuse.

Above is what happened to AfD’s support after Musk zoomed in to their rally, below is what happened to the Left’s—if you’re wondering about his ability to play global puppet master.

1/12 Oren Cass makes a very important point here. While most economists agree that trade intervention is always contractionary (i.e. it reduces the total value of goods and services produced by the intervening country), their agreement is based... www.understandingamerica.co/p/the-one-wo...

1/2 FT: "Chinese companies are fuelling almost one in three new investments in Vietnam, in a sign of how they have relocated operations abroad to avoid Donald Trump’s trade war with Beijing. But this shift is likely... www.ft.com/content/d214... via @ft

National EU governments' fiscal plans for 2024-2028 to meet new EU fiscal rules show that more severe fiscal consolidation measures correlate with deeper public investment cuts.

Someone really needs to explain the concept of a 'price cap' to Ofgem ... We're being ripped off with the acquiescence of an inept regulator. www.bbc.co.uk/news/article...

French president Macron: To address Europe's challenges, Europe needs to liberate itself from deficit caps in new EU fiscal rules. “It is obsolete,” Macron said of EU rules. “The financial and monetary framework we live in is outdated.”

🚫🗣️ Freedom of speech in Viktor Orbán’s Hungary: The state-controlled National University of Public Service fired the former Hungarian chief of staff as a professor for speaking at an opposition event and becoming an advisor to Orbán’s rival, Péter Magyar.

The UK government has achieved what was once thought impossible: uniting the entirety of the British press against them.

For #Green activists this report is important for charting the way forward.

"Capitalism is hostile to democratic processes&institutions.So hostile capitalists are willing to stand by as a metaphorical chainsaw is deployed by mentally unstable individuals to hack the democratic regulatory state to pieces" annpettifor.substack.com/p/dont-be-fo... from @annpettifor.bsky.social

1/5 Keynes on EU before 1914. He describes the European economy as a ‘cake’ "The capitalist classes were allowed to call the best part of the cake theirs and were theoretically free to consume it, on the tacit underlying condition that they consumed very little of it in practice…. #econ #Germany