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@RichardJMurphy Let me explain it to you in really simple terms. Market expects a left wing leader wljld increase borrowing needs. That increases bond supply. And when the supply of something goes up, its price goes down.

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@TowerHamletsNow The union flag should fly every day.

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@prolific_tweet @TowerHamletsNow That’s bollocks mate he’s been counting them for the last 3 weeks.

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@TowerHamletsNow How is this man even allowed to stand for public office?

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@MahyarTousi Hell.

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@stclairashley I have yet to see any reasonable explanation for where your Y axis labels went.

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@RichardJMurphy Why would Germany moving towards recession cause German bund yields to rise?

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@unkonfined “If you’re a cop, you have to tell me��

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@S_E_J_for_Zim @RichardJMurphy @YouTube Richard Murphy doesn’t understand it either, I can assure you.

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@HectorWMcNeill @RichardJMurphy @YouTube Well, new Keynesian macro, the dominant school, is very explicitly micro-founded. It assumes agents have certain preferences and then aggregates the implied behaviours. It explains observed macro fluctuations surprisingly well considering how complex the economy is.

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@RichardJMurphy @YouTube @RichardJMurphy I would always defer to you on matters of accounting. But there are many inaccuracies, sweeping statements and assertions that betray a lack of understanding of micro/macro. Happy to discuss. We can stream the debate on your youtube chan. Yours, a macroeconomist.

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@HazelAppleyard_ A £214k fine? That’ll stop Elon.

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@Jordanriv @ruth_wishart @APaulW A ten year old would be able to tell that ISIS were evil.

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@ruth_wishart There’s daft and then there’s this. Don’t trivialise the choice she made.

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@Jackiew80333500 … it’s happening to Shamima because she chose to leave this country and support ISIS, one of the most brutal terror organisations the world has seen with the blood of thousands of innocents on their hands. She chose to join them. Actions and choices have consequences.

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@unkonfined Out of spite.

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@RichardJMurphy Then why is the BoE actively selling gilts?

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@RichardJMurphy But @RichardJMurphy there are multiple channels of causality here, so it’s disingenuous to reduce it to just one portfolio rebalancing channel. Also, lags and counterfactuals. Happy to debate any time.

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@dampedspring But @dampedspring you forget the Fed has a dual mandate - NVDA market cap and retail pnl.

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@RichardJMurphy Tired of cardboard-cutout economists peddling this nonsense. It’s not clever and it doesn’t sound clever.