retepelyod
@retepelyod.bsky.social
Global macroeconomics/politics/agency/warming. Here to talk straight, not to stroke egos. NIESR visitor.
https://www.youtube.com/watch?v=DJo_fs15aE8
https://www.youtube.com/watch?v=DJo_fs15aE8
Moral of this srory : horrible people congregate.
November 14, 2025 at 2:55 AM
Moral of this srory : horrible people congregate.
So Summers is tied up with Epstein too … ye Gods.
November 13, 2025 at 5:55 PM
So Summers is tied up with Epstein too … ye Gods.
It is professionally unacceptable to be this ignorant of a country on which you are imposing Conditionality.
October 28, 2025 at 2:41 PM
It is professionally unacceptable to be this ignorant of a country on which you are imposing Conditionality.
The FT cannot get its head around the fact that their primary bond is that they are both White Christian Nationalists.
Nothing “mesmeric”, “underhand”, ”spy thrilllerish” etc. about it.
Nothing “mesmeric”, “underhand”, ”spy thrilllerish” etc. about it.
October 22, 2025 at 4:01 PM
The FT cannot get its head around the fact that their primary bond is that they are both White Christian Nationalists.
Nothing “mesmeric”, “underhand”, ”spy thrilllerish” etc. about it.
Nothing “mesmeric”, “underhand”, ”spy thrilllerish” etc. about it.
Reposted by retepelyod
So a Treasury Secretary who secured his post by saying absolutely anything finds, in the real world, that he has no credibility.
Let us desperately hope there isn’t a major financial crisis in the US or elsewhere with non-credible him still in post.
Let us desperately hope there isn’t a major financial crisis in the US or elsewhere with non-credible him still in post.
October 20, 2025 at 4:52 PM
So a Treasury Secretary who secured his post by saying absolutely anything finds, in the real world, that he has no credibility.
Let us desperately hope there isn’t a major financial crisis in the US or elsewhere with non-credible him still in post.
Let us desperately hope there isn’t a major financial crisis in the US or elsewhere with non-credible him still in post.
Shall I compare crowd sizes here and at the inauguration … ?
(h/t) to Will Shakespeare
(h/t) to Will Shakespeare
“The demonstrations were very small.”
October 20, 2025 at 1:59 PM
Shall I compare crowd sizes here and at the inauguration … ?
(h/t) to Will Shakespeare
(h/t) to Will Shakespeare
Cannot help wondering it this latest outbreak of petulance is just because his much hyped 20-point nonsense on Gaza is already crumbling before everyone’s eyes, as Netanyahu humiliates him once more.
October 19, 2025 at 11:06 PM
Cannot help wondering it this latest outbreak of petulance is just because his much hyped 20-point nonsense on Gaza is already crumbling before everyone’s eyes, as Netanyahu humiliates him once more.
He understood deeply.
October 19, 2025 at 6:14 PM
He understood deeply.
Well the IMF says in its WEO today that the US trade-weighted tariff is 17.5 percent now.
IMF numbers bouncing around … who knew !
IMF numbers bouncing around … who knew !
The IMF says the effective US tariff is 9 percent.
Someone is wrong.
Someone is wrong.
October 14, 2025 at 5:26 PM
Well the IMF says in its WEO today that the US trade-weighted tariff is 17.5 percent now.
IMF numbers bouncing around … who knew !
IMF numbers bouncing around … who knew !
So the US has finally strong-armed Netanyahu into a ceasefire.
Never mind for now good questions about durability etc.
Just ask why it took Trump to force the issue with Netanyahu and why Biden was unwilling to do so ?
Never mind for now good questions about durability etc.
Just ask why it took Trump to force the issue with Netanyahu and why Biden was unwilling to do so ?
October 11, 2025 at 3:47 PM
So the US has finally strong-armed Netanyahu into a ceasefire.
Never mind for now good questions about durability etc.
Just ask why it took Trump to force the issue with Netanyahu and why Biden was unwilling to do so ?
Never mind for now good questions about durability etc.
Just ask why it took Trump to force the issue with Netanyahu and why Biden was unwilling to do so ?
And, for the record, obviously what the UK needs to do to fix all of this is reverse its post 2009 productivity disaster.
Yes, Andy off the rails.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
This from Andy Haldane gets some basic stuff wrong, notably this:
"A £30bn will need to be filled in this year’s Budget,e ven though a stalled economy needs a 1% of GDP fiscal tightening like a hole in the head."
Just wrong. Not how the fiscal framework works at all.
www.ft.com/content/1c4d...
"A £30bn will need to be filled in this year’s Budget,e ven though a stalled economy needs a 1% of GDP fiscal tightening like a hole in the head."
Just wrong. Not how the fiscal framework works at all.
www.ft.com/content/1c4d...
October 10, 2025 at 11:48 PM
And, for the record, obviously what the UK needs to do to fix all of this is reverse its post 2009 productivity disaster.
Yes, Andy off the rails.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
This from Andy Haldane gets some basic stuff wrong, notably this:
"A £30bn will need to be filled in this year’s Budget,e ven though a stalled economy needs a 1% of GDP fiscal tightening like a hole in the head."
Just wrong. Not how the fiscal framework works at all.
www.ft.com/content/1c4d...
"A £30bn will need to be filled in this year’s Budget,e ven though a stalled economy needs a 1% of GDP fiscal tightening like a hole in the head."
Just wrong. Not how the fiscal framework works at all.
www.ft.com/content/1c4d...
The UK’s failing fiscal framework is a Brexit tribute act
The path and peak of policy uncertainty over the past year eerily mimics sentiment at the time of the 2016 referendum
www.ft.com
October 10, 2025 at 11:47 PM
Yes, Andy off the rails.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
LR fiscal sustainability/credibility essential to allow ST discretion.
But if there’s a problem, no need to fix it in one go—framework rightly allows action over time.
But with UK near to full empl, and inflation a tad high, arguable case for some fiscal tightening now.
How much work is “framework” doing ?
October 8, 2025 at 11:38 PM
How much work is “framework” doing ?
My view remains unchanged from immediately following Oct 7:
1. Absolute no to the actions of Hamas.
2. Absolute no to islamophobia anywhere anytime.
3. Absolute no to the actions of the Netanyahu government.
4. Absolute no to anti-semitism anywhere, anytime.
All four, all together, always.
1. Absolute no to the actions of Hamas.
2. Absolute no to islamophobia anywhere anytime.
3. Absolute no to the actions of the Netanyahu government.
4. Absolute no to anti-semitism anywhere, anytime.
All four, all together, always.
October 7, 2025 at 4:15 PM
My view remains unchanged from immediately following Oct 7:
1. Absolute no to the actions of Hamas.
2. Absolute no to islamophobia anywhere anytime.
3. Absolute no to the actions of the Netanyahu government.
4. Absolute no to anti-semitism anywhere, anytime.
All four, all together, always.
1. Absolute no to the actions of Hamas.
2. Absolute no to islamophobia anywhere anytime.
3. Absolute no to the actions of the Netanyahu government.
4. Absolute no to anti-semitism anywhere, anytime.
All four, all together, always.
I hope the DEMS do not lose this in the din.
If Trump can have Jan 6 ppls backs with pardons for doing the wrong thing, DEMS must have military backs with full restitution and honor for doing the right thing.
If Trump can have Jan 6 ppls backs with pardons for doing the wrong thing, DEMS must have military backs with full restitution and honor for doing the right thing.
The DEMS should commit now that any US military who loses their job for refusing an order to fire on US citizens will have any lost pay and pension fully restored, along with a promotion and a newly minted medal honoring this specific valor, when the DEMS return to the White House.
Trump telling US generals they have to fight the "enemy within" and the "war within." No wonder there was no applause.
October 3, 2025 at 11:46 PM
I hope the DEMS do not lose this in the din.
If Trump can have Jan 6 ppls backs with pardons for doing the wrong thing, DEMS must have military backs with full restitution and honor for doing the right thing.
If Trump can have Jan 6 ppls backs with pardons for doing the wrong thing, DEMS must have military backs with full restitution and honor for doing the right thing.
Chair Powell did not want to see this in the data for August.
October 3, 2025 at 6:37 PM
Chair Powell did not want to see this in the data for August.
The DEMS should commit now that any US military who loses their job for refusing an order to fire on US citizens will have any lost pay and pension fully restored, along with a promotion and a newly minted medal honoring this specific valor, when the DEMS return to the White House.
Trump telling US generals they have to fight the "enemy within" and the "war within." No wonder there was no applause.
October 2, 2025 at 1:34 PM
The DEMS should commit now that any US military who loses their job for refusing an order to fire on US citizens will have any lost pay and pension fully restored, along with a promotion and a newly minted medal honoring this specific valor, when the DEMS return to the White House.
CBAMs, as intellectually baseless as any tariff that Trump has come up with.
EU CBAM: "The world's first carbon border tax will soon go live — shaking up global trade" www.cnbc.com/2025/10/01/c...
The world's first carbon border tax will soon go live — shaking up global trade
The European Union is poised to fully implement its carbon border tax from Jan. 1.
www.cnbc.com
October 2, 2025 at 1:23 AM
CBAMs, as intellectually baseless as any tariff that Trump has come up with.
The IMF says the effective US tariff is 9 percent.
Someone is wrong.
Someone is wrong.
October 1, 2025 at 12:23 AM
The IMF says the effective US tariff is 9 percent.
Someone is wrong.
Someone is wrong.
Wow .. is this confirmed ?
September 30, 2025 at 11:16 PM
Wow .. is this confirmed ?
Always interesting when “bullies” (to put it mildly) pronounce on what their victims “must” do.
September 30, 2025 at 11:09 PM
Always interesting when “bullies” (to put it mildly) pronounce on what their victims “must” do.
Trump telling US generals they have to fight the "enemy within" and the "war within." No wonder there was no applause.
September 30, 2025 at 5:10 PM