Working Mans Economics's Avatar

Working Mans Economics

@workingmansecon.bsky.social

"Markets can remain irrational longer than you or I can remain solvent." A. Gary Shilling

151 Followers  |  324 Following  |  896 Posts  |  Joined: 17.10.2024  |  2.5948

Latest posts by workingmansecon.bsky.social on Bluesky

Probably not, because everything else on that graph apart from Generative AI is useful

31.10.2025 21:32 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

The thing is, 'working class' is devastatingly simple when you strip away all the media bullshit:

If you sell your labour for a value that's less than the value of the goods or services you produce and / or you have no control over the means of producing those goods, then you're working class.

31.10.2025 21:24 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Her twitter handle is one letter out

31.10.2025 21:18 โ€” ๐Ÿ‘ 5    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

The biggest benefit scroungers in the country

31.10.2025 21:17 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I know it's stating the obvious but it looks fucking rank as well. Could have got a better looking set up from Home Depot

31.10.2025 21:13 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

No, it makes you more sexy

31.10.2025 21:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I would say though (although it isn't explicitly stated here) that the difference in language used to describe bank deposits as opposed to government bonds is bizarre, when they essentially amount to the same thing: an amount of money placed with an institution which must be repaid with interest.

21.10.2025 10:14 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

As Jonathan Lieu put it, patriotism today is standing with far right football hooligans from a foreign country against a local police force in your own country.

21.10.2025 10:06 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I guess it depends whether those dollars are primarily sat in the bank accounts of Joe public or sat in the (offshore) accounts of billionaires.

21.10.2025 10:02 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

It happens all the time.

A mate of mine got done for chucking a bottle at a copper after the Manchester derby. When the judge tried to impose a banning order on him, he said "I'm CofE mate, you can't touch me". QED

20.10.2025 16:36 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Hapoel fans are definitely "the wrong type of Jews"

20.10.2025 13:13 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Ed Milliband has said that no-one should be stopped from going to a football match because of their religion.

Fair enough Ed. What about if they've rioted and shouted racist abuse at two matches in the last month? Should they still be allowed to attend a football match because of their religion?

20.10.2025 13:08 โ€” ๐Ÿ‘ 10    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Two thousand Millwall fans smashing up Kenilworth road and running the police off the pitch wielding broken seats, all on live TV was "less than well mannered"

18.10.2025 09:09 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Jenricks comments about football are laughable. I went to the match regularly in the 80's and the level of violence was off the scale and often exacerbated by the police

Add to that the racism at some grounds and the deathtrap stadiums that literally killed fans (Hillsborough, Heysel, Bradford).

18.10.2025 09:06 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Just to be clear, it's a ban on far right hooligans who attacked taxis, spouted racist slogans burned Palestine flags & then got a deserved kicking after the game in Amsterdam. Oh & they have a long history of racist abuse including of their own players & political violence

Cry me a fucking river.

17.10.2025 13:21 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image Post image

Maccabi are noted, even amongst Israeli ultras, for their violence and racism, to the extent that they have racially abused their clubs own African and Arab players.

They turned up in Amsterdam, chanted racist slogans, burned Palestine flags and attacked taxis. It was even reported by the Mail FFS

17.10.2025 13:10 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image Post image

Maccabi Tel Aviv fans are notorious for their racism, abuse of their own Arab players and violence. They turned up in Amsterdam, attacked taxis, burned Palestine flag and changed racist slogans. Then after the match they got a hiding.

Siri, is this what "chat shit get banged looks like"

17.10.2025 13:05 โ€” ๐Ÿ‘ 5    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Cardiff and Swansea were banned from taking away fans to the South Wales derby for more than 10 years so the racist crybaby hooligans can go and do one.

17.10.2025 12:53 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Hahaha very good. I had to look twice at that.

17.10.2025 08:23 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

*Love ye therefore the stranger: for ye were strangers in the land of Egypt." Deuteronomy 10:19

15.10.2025 06:25 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Fact is the only time that Starmer was interested in pushing a second referendum was in 2019, when the public were sick to the back teeth of the whole Brexit saga.

Happily for him, it completely scuppered Jeremy Corbyn, which I'm sure was just a coincidence.

15.10.2025 06:16 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Id say the principal mass market use of AI is to generate stories about how great AI is, in order to relieve gullible fools of their money.

15.10.2025 06:11 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

All money is essentially valueless, but what the $ ยฃ โ‚ฌ ยฅ do have is the backing of very wealthy governments. The value may go up or down but it will never be worthless.

Crypto has the backing of no-one and can barely be used as a means of exchange. It is the Tulip bulb of the 21st century.

13.10.2025 04:14 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Post image

Very true. And a lot of companies are already very disappointed at the returns on their investment in generative AI, per MIT

13.10.2025 04:02 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Thanks. So what's the implication here; that the massive amount of Saudi investment in the US in recent years is weakening the value of US gilts?

10.10.2025 13:06 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Why would the dollar decrease in value if Saudi invested a large amount of money in the US?

10.10.2025 11:13 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Post image

Much like Trump, Machado took part in the 2002 coup attempt to overthrow Hugo Chavez (who had won a landslide victory in the 2000 election) and replace him with a military junta, signing the notorious Carmona Declaration in the process. But he it's Venezuela and he was an evil Commie so no-one cares

10.10.2025 11:05 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

I refer you to a recent MIT study on the benefits (or otherwise) of generative AI.

10.10.2025 10:39 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

So it turns out that the Nobel Peace Prize committee saw fit to give the award to a person that played an active part in an attempt to overthrow a democratically elected government. It wasn't Trump though....

10.10.2025 10:37 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Id also add that if this money were paid on behalf of "Britain", this would insult the vast majority of people in this country whose ancestors had no connection to the slave trade, but who lived in poverty and were worked to illness and death by the self same ruling class that perpetuated slavery.

09.10.2025 10:16 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

@workingmansecon is following 20 prominent accounts