PML
@mortimerleepaul.bsky.social
Economist, Ex BoE, IMF, BNPP, NIESR. Runs a specialist school. Brit, living in NY. 2 kids, 2 cats, 1 snake, 4 dogs, 1 wife. Opinions my own, even the wrong ones
Come on, Robert, you’re just defending your own inbred metropolitan elitist buddies who have the same “correct” world view. Get some self awareness.
November 11, 2025 at 4:38 AM
Come on, Robert, you’re just defending your own inbred metropolitan elitist buddies who have the same “correct” world view. Get some self awareness.
The BBC started as a news broadcaster with a little entertainment thrown in. It’s now an entertainment channel with a bit of news from a metropolitan elite perspective grafted on the side.
Once it told Britain what was happening. Now it tells Britain what to think — between game shows.
Once it told Britain what was happening. Now it tells Britain what to think — between game shows.
November 11, 2025 at 4:33 AM
The BBC started as a news broadcaster with a little entertainment thrown in. It’s now an entertainment channel with a bit of news from a metropolitan elite perspective grafted on the side.
Once it told Britain what was happening. Now it tells Britain what to think — between game shows.
Once it told Britain what was happening. Now it tells Britain what to think — between game shows.
The culture of the BBC is elitist, arrogant and self-serving. It views its critics as ignorant barbarians ( like those who voted for Brexit) and accepts without question that its own take is the ”right” one.
The canker is deep rooted, permeates the heartwood, and is probably irradicable.
End it.
The canker is deep rooted, permeates the heartwood, and is probably irradicable.
End it.
November 11, 2025 at 4:27 AM
The culture of the BBC is elitist, arrogant and self-serving. It views its critics as ignorant barbarians ( like those who voted for Brexit) and accepts without question that its own take is the ”right” one.
The canker is deep rooted, permeates the heartwood, and is probably irradicable.
End it.
The canker is deep rooted, permeates the heartwood, and is probably irradicable.
End it.
A couple of points.
1) how come oecd Europe has price rises way beyond the countries comprising it?
2) i though Brexit was supposed to be a disaster for British food prices, so why is tge food-core gap smaller for the UK than the EU ?
1) how come oecd Europe has price rises way beyond the countries comprising it?
2) i though Brexit was supposed to be a disaster for British food prices, so why is tge food-core gap smaller for the UK than the EU ?
October 7, 2025 at 12:00 PM
A couple of points.
1) how come oecd Europe has price rises way beyond the countries comprising it?
2) i though Brexit was supposed to be a disaster for British food prices, so why is tge food-core gap smaller for the UK than the EU ?
1) how come oecd Europe has price rises way beyond the countries comprising it?
2) i though Brexit was supposed to be a disaster for British food prices, so why is tge food-core gap smaller for the UK than the EU ?
How about, "Wait 'till we get going, then we'll show you what chaos REALLY looks like"
September 6, 2025 at 3:12 PM
How about, "Wait 'till we get going, then we'll show you what chaos REALLY looks like"
In other words, a crisis is in the works. With so many holders of gilts having been hot money ( not sure of the stats for other countries), dumping, and then big short positions, probably explains the extent of the sell-off.
There's the smell of blood in the water, and the sharks are circling...
There's the smell of blood in the water, and the sharks are circling...
September 3, 2025 at 10:12 AM
In other words, a crisis is in the works. With so many holders of gilts having been hot money ( not sure of the stats for other countries), dumping, and then big short positions, probably explains the extent of the sell-off.
There's the smell of blood in the water, and the sharks are circling...
There's the smell of blood in the water, and the sharks are circling...
A simple factor model of real yields explains 83% of the variation in the G7 up until 2024. That means that real yields are a global phenomenon The UK factor loading (ie the extent to which it follow the global trend historically) is close to 99%
A break from global trend is therefore significant
A break from global trend is therefore significant
September 3, 2025 at 10:12 AM
A simple factor model of real yields explains 83% of the variation in the G7 up until 2024. That means that real yields are a global phenomenon The UK factor loading (ie the extent to which it follow the global trend historically) is close to 99%
A break from global trend is therefore significant
A break from global trend is therefore significant
The narrative is that people are sick of what they have. I think that's a coherent story. What's not coherent is the thrashing around, Brexit, Corbyn, Boris, Labour landslide. If we ask, "what the heck do people want?" the answer is "they've no clue, but it's not what they've got."
August 9, 2025 at 2:45 PM
The narrative is that people are sick of what they have. I think that's a coherent story. What's not coherent is the thrashing around, Brexit, Corbyn, Boris, Labour landslide. If we ask, "what the heck do people want?" the answer is "they've no clue, but it's not what they've got."
The arrogance of the metropolitan elite, who ignored the huge red flag of the Brexit vote. People clearly felt ignored.
August 5, 2025 at 2:48 PM
The arrogance of the metropolitan elite, who ignored the huge red flag of the Brexit vote. People clearly felt ignored.
Trust in the media has evaporated, and now people just read stuff online that reinforces their priors
August 5, 2025 at 2:43 PM
Trust in the media has evaporated, and now people just read stuff online that reinforces their priors
The (we thought) CIA guy on the mission shook my hand and said, "Congratulations, you just got rid of your first government." Two years later, I was offered a slot as special advisor to the PM, but I couldn't take it.
August 4, 2025 at 3:16 PM
The (we thought) CIA guy on the mission shook my hand and said, "Congratulations, you just got rid of your first government." Two years later, I was offered a slot as special advisor to the PM, but I couldn't take it.
As a desk officer, I was in a team that devised, negotiated, and monitored programmes. The government fell over disagreements about my first programme.
August 4, 2025 at 3:16 PM
As a desk officer, I was in a team that devised, negotiated, and monitored programmes. The government fell over disagreements about my first programme.