bigandyclark

I should probably write something here.

[bigandyclark @bigandyclark]

@ChuckFBass I was about to acquire him for rome odunze now youve made me question the decision...

[bigandyclark @bigandyclark]

@shadyRoach @but_cyclists Im not sure if you look at the double parking and account for the massive suv coming at him at speed I suspect he stopped to avoid a collision.

The gap looks tight and consider waiting if a massive black 4x4 was coming into a narrow space at that speed.

[bigandyclark @bigandyclark]

@but_cyclists All three cars are driven by bloody idiots.

The silver car for stopping (though its entirely possible he saw the black suv speeding towards him and all the roadside parking made it too tight to proceed, the car behind for overtaking without looking and the suv for speeding

[bigandyclark @bigandyclark]

@ATRightMovies Ive been waiting for you guys to do a show on airplane for so long! Is it in the pipeline

[bigandyclark @bigandyclark]

@FBallAnalysisYT Very little I would think at this point.

[Josh Hunt @iAmJoshHunt]

The framing of the bond markets we get from politicians is totally mad. And shows how little they understand about the mechanics of how the nation finances its deficits.

They seem to think that the bond markets are essentially a small group of evil billionaires sat in a room scheming to influence public policy.

This is bullshit.

In reality, they’re made up of people and institutions the government are asking to lend them money… pension funds, insurers, your gran’s retirement pot, the Bank of England, overseas central banks holding sterling, and so on. A lot of people are involved in these markets.

When politicians say they’re “in hock” to the bond markets. What they’re referring to is the fact that they borrow money from the market and have to pay bond holders back with interest. The participants in the market will buy bonds when the yield on the bonds adequately covers the perceived risk of holding the bonds, and provides a modest expected return to make it worthwhile.

They’re not scheming, they’re just pricing inflation and interest rate risk. Our debt carries a higher risk premium than other core economies like Germany, because of specific structural problems and a credibility deficit on spending.

And a lot of that demand isn’t even a choice. Pension funds and insurers are required to hold gilts to match their liabilities. So your gran’s retirement pot is quietly propping up the very market these politicians claim to be fighting.

The supposed alternative is to balance the budget so you don’t need to borrow. If you don’t want to be “in hock” to the bond markets, don’t borrow money from them. Except even that wouldn’t free us, because we still have to roll over the existing debt as it matures. Escaping the market entirely would mean running surpluses for decades, which would take spending cuts or growth we haven’t got. So the government borrows.

And here’s the tell... a lot of politicians half admit it. They’ll say, as Polanski does here, the markets “just want to know there’s a plan.” Yeah, absolutely. So the problem was never the market. It’s that our politicians haven’t got a credible plan.

So when you hear politicians complaining about the bond markets, what they’re really complaining about is the fact that they can’t borrow endlessly to fund all the mad shit they want to do.

[bigandyclark @bigandyclark]

@FBallAnalysisYT He was a menace in the games he was healthy.

[bigandyclark @bigandyclark]

"Or else..."

[Soulframe @PlaySoulframe]

@The_Ben_Starr is joining the cast of Soulframe!

Watch #TennoCon to discover more about Tempest Bayor and his connection to the Envoy's past.

[bigandyclark @bigandyclark]

@SCNathan @CentrAct1 @IslingtonBC @UnaOHalloran This is a gross distortion of what's happening. The organisation that runs the nursery is unable to continue the service or they would have explicitly stated otherwise in the article.

If the IPA was asked the question and ducked it.

[bigandyclark @bigandyclark]

@GBNEWS Where does the 300 quid figure come from? It most cases its probably about £2-3 per night. Even if its 5% like Glasgow is unless your stay is £6k just for accommodation youre talking about a nominal amount.

[bigandyclark @bigandyclark]

@tomhfh @hwallop Did the poll them on large construction companies and property developers. I suspect the perception vs reality would be wild

[bigandyclark @bigandyclark]

@alexwickham @AlanOlive1 🐼

[bigandyclark @bigandyclark]

@createstreets @tomhfh @CheltCivicSoc Im not sure how your get around private external amenity requirements with this design.

Ive seen modern mansion blocks they pretty much all have balconies, which would massively constrain this sort of design.

[bigandyclark @bigandyclark]

@itmeJP @Subnautica @jennybeartv They call him then iceman.

[bigandyclark @bigandyclark]

@FBallAnalysisYT Thats how good he is

[bigandyclark @bigandyclark]

@tnewtondunn Labour party rules dont allow this so that wouldn't work.

Honestly due respect to Andy hes looking for a trap door out of manchester as hes worried about losing it and sinking his brand.

[bigandyclark @bigandyclark]

@Loki__1 @treesey £100k expenses what are you talking about

[teresa smith @treesey]

This is absolutely hilarious

[bigandyclark @bigandyclark]

@daveatherton @TheGreenParty I dont know the guy from adam but my understanding is they hired this for a wedding..

[bigandyclark @bigandyclark]

@greenbenali @ZoeGarbett @ZackPolanski @LonGreenParty Thats a happy by product of the day.

Congratulations you will be fab.

Andy