Karim Ayoubi

Author of "Realonomics: How The Economy Really Works And How To Fix It." Investor, small business owner, purveyor of unconventional ideas.

[Karim Ayoubi @RealonomicsBook]

@melanieander3y @ukmfa1 @tracyohanlon74 There is a world of difference between folate and folic acid.

People should only supplement according to their demonstrated personal needs.

Forced medication of the entire population is almost always a bad idea.

[Karim Ayoubi @RealonomicsBook]

Critique of covid vaccines is not, and should not be a political issue. It's about the data, and the data are overwhelming.

If the political centre or left prefer to close their eyes to reality, then they are foolish indeed, because people who lost loved ones to those deadly jabs will never trust them again.

[Karim Ayoubi @RealonomicsBook]

@LBC @NatashaC The same intel agencies that are directing drone and missile attacks against civilian targets inside Russia right now?

[Karim Ayoubi @RealonomicsBook]

@RabbiPoupko Cool story bro. Explain 1948 for us.

[Karim Ayoubi @RealonomicsBook]

@codohertynews Give it a rest - I'm currently wearing fleece lined clothing inside my house here in Wales because it's so darn cold.

[Karim Ayoubi @RealonomicsBook]

@DanielPriestley Worker co-operatives are actually very successful. It's a fine model, not enough people give it much consideration.

[Karim Ayoubi @RealonomicsBook]

@ProofofMaro Banks.

[Karim Ayoubi @RealonomicsBook]

If she was right, then Britain would be doing considerably worse than Germany. But Britain is actually doing better than Germany, not by much, I'll grant you.

The truth is Brexit doesn't really appear in the data. Economically, it was a non-event, which was always the most likely outcome.

[Karim Ayoubi @RealonomicsBook]

@hthieblot Facebook, before they made it shit.

[Karim Ayoubi @RealonomicsBook]

@EliotJacobson It just goes to show that Americans will use literally anything other than the metric system!

[Karim Ayoubi @RealonomicsBook]

@EdwardGLuce In 2015 he predicted the if the US continued its policies there would be war in Ukraine.

Predicting the future is hard. When someone makes an accurate prediction, you have to take seriously their model for understanding the world.

Time proved him right. That carries weight.

[Karim Ayoubi @RealonomicsBook]

Well your data contradicts my data, so we have to resolve that don't we? Rather than just smugly saying "I'm right, you're wrong, so there."

You simply cannot tell people in the UK that renewables are delivering lower prices when their bills have gone up and up and up. You just can't. Not without looking like a complete asshole.

[Karim Ayoubi @RealonomicsBook]

@DaleVince Yes, red meat consumption has fallen over recent decades. And the population has become more obese and sicker.

Perhaps let's not keep doing that.

[Karim Ayoubi @RealonomicsBook]

As for the 'consensus among economists' - who cares? Most economists are wrong about most things! That is, in fact, why we're in such a mess, something I explain in my book "Realonomics."

Brexit is a sideshow. We have much bigger problems, and much better solutions - if we are willing to learn from economic history.

Here's a teaser for you. From 1945-73 Japan grew at 10% per annum, every year, no recession, no inflation, no growing inequality. The same policies produced the same result in South Korea and Taiwan, and, from 1979 in China.

Perhaps there's a lesson in that for us?

P.s. none of those countries were in the EU. The EU is a sideshow. The real solution lies in reforming our financial system, which parasitises our economy rather than supports it.

[Karim Ayoubi @RealonomicsBook]

Sure, UK didn't boom. Nor did it tank, as the other side promised.

The most realistic outcome - the one I predicted all along - and the one that has actually come to pass, is that Brexit would barely be noticeable in the economic data.

Countries have been hit by much bigger shocks - covid, the attack on Iran - and we've all fared similarly badly as a result.

If Brexit was a disaster we'd be doing worse than Germany. We're not. We're actually doing better than Germany, albeit not by much.

[Karim Ayoubi @RealonomicsBook]

Mark, with respect, if you're going to tell me not to believe my lyin' eyes when I open my electricity bill, when I see the UK energy regulator Oftgem raising the price cap year after year, when I see prices shooting up across Europe in other countries that invested heavily in intermittent energy (yes Germany, we're looking at you!), when there are blackouts that reach from Portugal to France, when most windmills aren't turning most of the time (leading to an electricity unit cost of $$infinity) then I'm afraid you are on to a losing argument.

The UK has invested countless billions into intermittent energy, and our bills are some of the highest in the world. Same in Germany. France invested in nuclear in the 1960s, and their electricity prices are much lower.

We have to do what works. You can't run a steel smelting plant with windmills.

[Karim Ayoubi @RealonomicsBook]

@ryankatzrosene It's not even a heat wave. We had 3 days of sunshine, and now we're back to having the heating on and wearing thick jumpers to keep warm.

[Karim Ayoubi @RealonomicsBook]

False dichotomy. They're taxing small businesses and ordinary working people to death, to pay benefits to people who have never worked.

My politics are very much left-wing on economic issues, but we have to recognise that austerity taxes didn't work when the Tories did them, they're not working now.

[Karim Ayoubi @RealonomicsBook]

@antonioguterres Calm down Antonio. Here in Britain, our three days of sunshine is over, and we're back to having the central heating on and wearing layers to keep warm.

Does that mean we're suffering global cooling now?

[Karim Ayoubi @RealonomicsBook]

@SenSanders Calm down Bernie. It's freezing cold here in Britain again, my central heating is on, and I'm back to wearing layers. Three days of sunshine does not a summer make.