"The best investment is nothing" is not a great macroeconomic situation
Deflation means that "you money is worth more tomorrow than today", such that everyone says "Wow, I should save some money" and then the economy collapses.
Will Cooling
@willcooling.bsky.social
Writes & Hosts the It Could Be Said substack & podcast; https://itcouldbesaid.substack.com/ Has contributed to a variety of outlets on politics, sport or pop culture Contact email is w.cooling[at]gmail.com All opinions his own & not of any employer
"The best investment is nothing" is not a great macroeconomic situation
Deflation means that "you money is worth more tomorrow than today", such that everyone says "Wow, I should save some money" and then the economy collapses.
"Foreign Secretary Ed Miliband, recently appointed to the role by the new Prime Minister, Andy Burnham, meets Secretary of State Rubio in Washington" is one of those lines that would sound perfectly plausible to anyone in 2015, but explaining the intervening period would give them an aneurysm.
PS5: We’re getting rid of physical media Xbox: We’re laying everybody off Nintendo: We gave this nun a gun
Fire Emblem: Fortune's Weave gave a nun a gun: aftermath.site/fire-emblem-fo...
Important for all Democrats to unite around the simple truth that it it’s important for Abdul El-Sayed to win his election to help make Chuck Schumer the most powerful Democrat in the country
Dishonest! I hate this “the law hasn’t changed, we’ve just clarified what it always meant” thing. Did you think women’s rights didn’t change when the US Supreme Court merely clarified what the Constitution “always meant” on abortion? Of course not.
Once again, I come back to the fact these guys have created a situation where one of the UK's leading, cis female athletes is scared to go to the loo alone, and the fact that they are celebrating this as a step forward for women's rights.
Our code of practice for services, public functions and associations comes into force today. It provides practical guidance on how the Equality Act 2010 applies to services, public functions and associations. Find out more: https://ow.ly/alIf50Zwrkx
Gotta be in the running for Top Ass of all time
I mean... ...maybe?
Yeah… look I’m glad this helps Dems win the seat but I have to say; it does not seem Good that Republican primary voters will refuse to vote for someone entirely because they have a Muslim sounding name
Seems like an upset might be brewing in the GOP primary in #MI08 to take on Dem Rep. Kristen McDonald Rivet. Trump endorsed Amir Hassan, but he currently trails an absolute nobody who suspended his campaign a month ago by a wide margin.
Possibly I'm projecting, but Badenoch's disdain for councillors and fixing church roofs does feel like a reflection of her lack of interest in provincial England and the ways in which she hasn't clocked that her experiences as a first generation immigrant living in London aren't universal.
The thing is, she got this back in 2024 with regards to Lee Anderson when the offence was lesser and the stakes were higher. She really has gone backwards as both a politician and a person to a terrifying degree.
You can see why Kemi's struggling tbf
I have my doubts about James Cleverly, but surely he can't be worse than this?
Somehow Kemi on R4 has just backed herself into the utterly farcical line "come on now it's not a *national* platform - he's only gonna be a Tory councillor, not a Tory MP!"
You'd hope the Tories would notice how quick the turnaround in Labour's fortunes after they got a new leader has been. And yet......
We seriously need to rewrite the religion and belief protected characteristic. The case law is a complete mess
'A university has lost its appeal after a tribunal ruled that it discriminated against an academic by sacking him over his anti-Zionist views and criticism of Israel.'
It’s true that North Sea oil extraction would have declined anyway but ‘short term’ is doing a lot of work here. The effective tax rate in North Sea profits is now 78%, as there are four extra levies paid that normal corporations don’t pay. researchbriefings.files.parliament.uk/documents/SN...
researchbriefings.files.parliament.uk
BP exiting the North Sea is a big moment in the history of the industry and Scotland’s economy. It’s been a long time coming, and marks an end to over a century of petroleum activities and more than 50 years of North Sea drilling. BP’s exit cannot be explained by short term tax policy changes 🧵
I must not Stancil post. Stancil posting is the mind-killer. Stancil posting is the little-death that brings total obliteration. I will face my occasional urge to Stancil post. I will permit it to pass over me and through me.
Can't shake the conclusion that Salah renewing last year was a disaster for all involved
🚨💣 BREAKING: Mo Salah to Trabzonspor, here we go! Club confirms agreement in place for the Egyptian striker. Salah joins on two year deal as free agent after leaving Liverpool.
I do like they're promising stripping back procurement rules whilst saying they're adding additional requirements
EXC: UK govt is “stripping back” onerous public procurement rules in pro-growth shake up of system, Louise Haigh tells FT Overhaul will make job creation/skills development the only ‘social value’ requirement for biz competing for Whitehall contracts worth £90bn annually www.ft.com/content/9878...
Yeah. I'm sorry. She's either been corrupted by bitterness or is (outside a highly specialised niche) an idiot.
This passage makes me want to just log off and throw my phone in the river. The discourse on this has officially reached its end
Trying to think what Emily Wilson and other classical Odyssey fans version of H.E.A.T should be; Odysseus True Tale Organisation?
I recall we had a period of time where the response of Starmer and Cooper to concerns about these groups was ‘I like flags’
Leaders of flag-raising group Raise the Colours Oxfordshire placed trackers on highway workers’ cars to find out their home addresses, the High Court has heard. RTC then attempted to intimidate the highway staff into no longer removing flags by repeating their addresses to them.
Pity Sarah Pochin’s side decided to violate French sovereignty in 1940 when it launched its Blitzkrieg.
We seriously need to increase the amount you have to pay to stand for parliament
@BBCr4today 6.47am #Clactonbyelection: 34 candidates most of any parliamentary election. Ballots paper just under 1 metre long. Cost: around 4x that of general election with 5 candidates. Anticipated cost c250k. Most paid by central govt but some by local. No cheques in post from #Farage.
it's a big club and you ain't in it
The Times, one of the leading voices when it comes to 'protecting women and girls' calling a man who assaulted his young pregnant girlfriend, said he would rape the kids if he was a teacher and called for child sex abuse porn to be legal, 'brilliant'
Deciding whether kids are "academic" or "technical" at an early age is going to work out particularly badly for boys, who are generally later developers and where stereotyping is likely to push them towards the non-academic path.
Why do so many progressives want this? I just don't get it.