Parece que va siendo hora de revisitar uno de mis clásicos

Shout out to Bob Elliott who has been spot on with his read of the Fed reaction function on the face of a very strong economy this year. Even if I still disagree on most of his views on Europe though! (Growth has been resilient, trend growth is zero)

My hot take is that no one really knows what a capital markets union would really do, it's just become a buzzword for 'one of those European reforms that is needed'.

Preferiría análisis económico serio.

This is one of the best graphic depictions of what the UK is

Es decir, la noticia es que la economía se hundió entre 2008 y 2012.

La baja productividad española son las 23 millones de horas gastadas en discutir si las cotizaciones sociales son impuestos y en hacer sumas, restas y porcentajes.

Pero entonces cuanto paga Elon por las 5 millones de visitas, sabemos o no sabemos?