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williamneal.bsky.social
A self-taught Software engineer ( my next job was in fact cyber 🩰 ) l recently relocated to Brussels 🇬🇧🇪🇺and between changing nappies, not learning french, being woken up at strange hours, l spend time learning about heterodox economics
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My hot take is Peter Mandelson (the British ambassador to the US) is not going off-piste but is doing his job: provoking outrage and a stream of social media stories which perma online Trump and co will absorb by osmosis.

Lest you think he has a conscience

This thread has provided myself with light relief from doomscrolling about nuclear war - recommended!

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Da geht einiges durcheinander (auch durch Merz' unklares Statement): Es geht der Union nicht um eine Reform der Schuldenbremse mit altem Parlament, sondern nur um ein Sondervermögen Verteidigung/Sicherheit. Das erklärt auch das Interview von Thorsten Frei im Deutschlandfunk. Quelle: Parteiführung.

While everyone is focused on rise of the AfD in German elections the party that could now have influence over the German defence budget is the leftist Die Linke. @rikefranke.bsky.social in a welcome return to Comment is Freed explains why. (Free to read) samf.substack.com/p/die-linke-...

“Eh bien oui, le président Charles de Gaulle a posé la question il y a 60 ans. ll était aussi en avance de 60 ans sur le risque de l’atlantisme…”

Interesting Dominik Leusder piece on problems with the global dominance of the US dollar, and why a weaker dollar might be good both for developing countries and US workers (although hard to pull off against Wall Street opposition). jacobin.com/2025/02/doll...

The role of the photo caption editor in civil society is often overlooked

The UK is the rare case of a country that runs a trade deficit with the US. Read today’s Chartbook for more: tinyurl.com/8rmvpdzu.

The Netherlands is no longer Germany's 17th federal state in economic terms. New Commission research shows that once strong NL-DE correlations in macro variables (GDP, investment) have become insignificant. A couple of observations on the stunning divergence between the frugal bulwarks. 1/

Nerd trivia for the day: Captain Janeways first major TV role was playing the unseen character Mrs Columbo, in a spin-off where Peter Falk never appeared.

"Why are tariffs on Canada and Mexico different than (some) other tariffs? Consider this graph courtesy of Bloomberg via Torsten Slok" (but actually from me & @AlfredCObregon) https://buff.ly/42xOkvp

Belgium will become the latest European country where the largest member of the governing coalition sits in a far-right EU grouping. But despite holding an official Flemish secessionist position, N-VA is considered center right domestically in Belgium. Here's why:

This is a huge blunder by the government IMV:

This Odd Lots series on the Eurodollar market is unbelievably good. You need to read a lot to make sense of it, and Josh and Lev have read it all. At the climactic 1974 Herstatt moment, they give a shout-out to our RIPE paper. What did we find in the Bank for International Settlements archive? 1/5