if the fall was due to reduced labour supply, prime-age employment to population would be rising rather than down since the inauguration.
The unemployment rate would also be down rather than up since January
@yussefr.bsky.social
Used to work in research at a large asset manager. Now, surprisingly to me, running a sauna business. Occasionally still manage some research
if the fall was due to reduced labour supply, prime-age employment to population would be rising rather than down since the inauguration.
The unemployment rate would also be down rather than up since January
feels like a lot to integrate, i think it'll work out but less sure about how long it takes to come together
10.08.2025 14:22 β π 1 π 0 π¬ 1 π 0this is a great game
10.08.2025 14:20 β π 1 π 0 π¬ 0 π 0Sorry im crashing out on this. WE CAN SOLVE LIKE 90% OF OUR PROBLEMS BY DOING THE RIGHT THING
09.08.2025 15:45 β π 30 π 7 π¬ 1 π 0Foreign correspondents > βBroke Britainβs on the edge of financial disaster, Labourβs out of its depth β and people are angry. Iβm scared for whatβs to come.β β Andrew Neill, Daily Mail, 22 July. Brillo lives largely in the South of France > βMigrant hotels are radicalising Middle England.β β Guy Dampier, Daily Telegraph, 22 July. Dampier lives in Germany > βSmall boats and sky-high legal immigration will continue to wreak demographic havoc. This change is permanent. Millions of immigrants from clashing traditions will bring only more of their friends and families. None of these people are going home.β β Lionel Shriver, Times, 24 July. As Shriver explained in her column, she recently moved to Portugal, having previously migrated to the UK from America > βEpping proves the police are the paramilitary wing of the left.β β Richard Littlejohn, Daily Mail, 25 July. Littlejohn lives in Florida for much of the year > βAll the online censorship & superinjunctions canβt keep the English down. Regime change.β β Former MP and Telegraph columnist Douglas Carswell commenting on footage of asylum hotel protests, X, 3 August. Carswell lives in Mississippi > βUnless our leaders get a grip β and fast β exasperated communities will turn vigilante. Then things could get really ugly.β β Isabel Oakeshott, Daily Telegraph, 4 August. Oakeshott moved to the UAE in January for tax reasons
In pic 1
Many of the columnists seemingly egging on English rioters don't even live in the UK. Private Eye again
09.08.2025 07:46 β π 517 π 285 π¬ 14 π 14just looked at her twitter profile, very bleak
Anyway zohran will be in gracie mansion in a few months so no need for them for cuomo to complain
It's funny because we were told (not least by Starmer himself) that this is exactly what Starmer in government wouldn't be like - keeping eye on long term, not buffeted by events - yet every time he appears in public he seems to be reacting to something his advisers read in the Times an hour ago.
07.08.2025 10:26 β π 51 π 8 π¬ 1 π 0even just assuming they want to do something really bad, it doesn't make sense because it is just clearly unworkable - but i guess this is britain
08.08.2025 16:42 β π 2 π 0 π¬ 1 π 0Most people here can see this is a moral disaster, it's also ludicrously unworkable for businesses.
It imposes an unreal administrative burden. As a hospitality business owner, I can tell you the primary responses will be ignore this or implement total gender-neutrality to avoid it
Why insurers worry the world could soon become uninsurable
On an inflation-adjusted basis, average insured losses rose by 5.9% per year between 1994 and 2023, almost twice faster than GDP over the same period (2.7%)...
cnb.cx/3HoGpZ2
oh man
07.08.2025 19:46 β π 1 π 0 π¬ 0 π 0i am going to short palantir eventually but fighting the impulse to try it just yet
07.08.2025 15:13 β π 3 π 0 π¬ 1 π 0To put it another way, when you produce a building that will provide housing services over the next 20 years, you also, as a sort of positive externality, end up with a building that will produce housing services over another 50 or 100 or more years after that.
07.08.2025 14:47 β π 11 π 2 π¬ 1 π 0I think there is something to that. The key point about housing specifically is that the lifetime of a building is much longer than the investment horizon of the developer. This means that the operating income of older buildings is economically a rent.
07.08.2025 14:41 β π 8 π 1 π¬ 1 π 0I'm actually working on something loosely inspired by this but my present guess is we have a very unusually insular power-elite in this country and it leads to odd moments of group think like this.
07.08.2025 09:49 β π 27 π 1 π¬ 2 π 0This has now received national media attention in the UK, and been boosted by one of our most influential and wealthy cultural figures. This on the basis of a woman doing a normal working class service sector job in a polite way. It is *manifest* the complaint is just trans women existing in public.
07.08.2025 08:47 β π 96 π 8 π¬ 1 π 1The basis of this incident is a(n ostensibly, this is actually somewhat unclear) trans woman working in M&S politely asked a customer if they needed any assistance - by the customer's own admission the worker was polite, and there was no suggestion the worker was going to go into a changing room.
07.08.2025 08:47 β π 153 π 21 π¬ 6 π 0the thing is getting into that position involves lot of sucking up and after a while surely it's just who you are
07.08.2025 10:49 β π 2 π 0 π¬ 0 π 0could almost argue that the infra here is the model training not the data centres i guess
06.08.2025 18:21 β π 3 π 0 π¬ 1 π 0going back to perez, this is part 2 of the process.
you can see the dynamic from analysing historic returns from railway stocks, amazing during the installation phase when there's loads of hype and investment but they didn't end up the long-term beneficiaries of the railway buildout
he loves roadkill
06.08.2025 17:31 β π 6 π 0 π¬ 1 π 0i mean sometimes a stock just wants to go down
05.08.2025 20:57 β π 0 π 0 π¬ 1 π 0i have nothing but bad memories from owning managed futures in a previous job
05.08.2025 19:35 β π 1 π 0 π¬ 1 π 0I would like to submit this as a poster for the 2050 Trump/American decline documentary
05.08.2025 16:10 β π 11 π 4 π¬ 1 π 1people really need to read Carlota Perez
intense hype and bubbles are a key part of how major technological changes happen, they are why the tech and its supporting infrastructure gets rolled out quickly on a massive scale
i feel there's clear evidence of US economic deceleration, only question for me is how bad it gets and how quickly
05.08.2025 14:03 β π 2 π 1 π¬ 0 π 0surely there's a libel case there
05.08.2025 10:24 β π 9 π 0 π¬ 1 π 0They havenβt failed this is the result they wanted
05.08.2025 07:52 β π 74 π 25 π¬ 2 π 047% of people think immigration is primarily illegal. There were 4% irregular arrivals in March
New YouGov polling. A monumental failure of our political class to educate, a monumental failure of our media to report fairly, for a generation
05.08.2025 06:27 β π 4912 π 1999 π¬ 287 π 249how does Canada count foreign students? that might be another piece
04.08.2025 17:11 β π 3 π 0 π¬ 1 π 0