Polemic Paine

This is the 1st cited reference I have received from a Nobel Laureate and I will wear it with pride, even if just twitter. Thx!

One for my agency friends.

Every petition should come with its own anti-petition. Forces honesty. If you're asking for signatures, you risk proving the opposite case. A better test of public opinion. A better filter for noise.

Gold via nuclear fusion. Won't be holding my breath before shorting gold on this.

This answers a question I was asking friends - "Have any of you or family and friends ever been impacted by the water pollution that is filling media outrage. Do you think the hype is overdone vs effect on everyone's real lives?"

Like rearranging the deckchairs AFTER the Titanic has sunk.

We lose another legend.

Time to change those advising the expectations. Their track record on inflation growth and debt has been 'as expected' (poor) for the last year.

Finally some common sense ? Bloomberg reports that the BoE is about to ditch retail CBDC plans (for bs reasons). Maybe time for ECB to wake up ?

Saudi oil giant Aramco has suffered quite a fall of grace. Its stock value fell on Tuesday to a fresh >5-year low. At 23.99 riyals per share, it's trading at its lowest level since March 2020, when Brent was at ~$25 a barrel. Since its IPO, it's down >17% -- worse than BP !!!

Costs of U.K. welfare state likely to rise 26% in the next 5 years. The economy not likely to grown by more than 8% tops. So... reform or crisis..

Oh dear, oh dear, oh dear...highest June figure on record (ex-Covid) *UK BUDGET DEFICIT £20.7 BILLION IN JUNE

Why? More lawyers and non-productive jobs funded by taxpayers. The only fiscal blackhole is the one government chooses to throw tax payers cash into.

AI is like a newspaper, it appears knowledgeable on every subject other than those you know something about.

This is Helene Meisler You might have noticed my account was hacked by some crypto spammer. Getting it back seems unlikely. You can now find me over on Bluesky at hmeisler. If you could could RT this so that the word gets out that Dune is not me, I would really appreciate it

🚨 FREE SPEECH - Trump and Vance to the rescue … well sort of. The US trade deal hinges on the UK backing down from forcing US tech giants to allow UK authorities a back door to spy on British Citizens. The US has said no compromise. Protecting US tech firms and British…

🚨 BREAKING – WEF 🚨 The Telegraph reports… In 2017/18, the WEF’s Global Competitiveness Report ranked the UK 4th, up from 7th…. a post-Brexit vote boost. But according to this report staff were told the UK “must not see any improvement” fearing it would strengthen Brexit…

Now imagine you had moved your pension, over the past couple of years, into buying a house.

This does not mean that houses are more affordable. Simply, the unaffordability equilibrium has lowered prices as buyers can afford even less.

Even if housing stock vs population stays the same (a rare if) then any scheme to make it easier to finance the buying of a house, whether lower interest rates, larger loan ratios or diversion of funds from pensions,will see the extra finance simply push up prices to the previous…