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Concerning

Brilliant

Not understanding supply and demand is literally low IQ "brighter people have better understanding of economic mechanisms, and this relationship was not accounted for by education." sciencedirect.com/science/articl…

Excellent summary by former head of MI6, Sir Alex Younger, of this new era in geopolitics…adapt or die

'I don't trust banking apps. What if they stop working when Rachel Reeves urgently needs to access my cash?' My latest cartoon for tomorrow's The Telegraph Buy a print of my cartoons at telegraph.co.uk/mattprints Original artwork from chrisbeetles.com

ft.com/content/b2890a…

France has always missed its official fiscal deficit forecast, always. In the past artificially low Eurozone interest rates helped offset it. With German debt bazooka sending European interest rates higher, the game becomes more challenging. Fingers crossed. Ht Daniel Kral

"New figures reveal Brexit costing UK business £37bn a year..." 🤔 Yet another dodgy #Brexit 'exclusive' from The Independent! Let's break it down... 1⃣ the 'new figures' are based on official data published by the ONS in December last year, which were used to answer a PQ asked

Comparison of grains of sand on earth relative to the estimated number of planets in the observed universe.

If Covid entered the human species through a lab accident, it is not just a case of research gone wrong. It is *pandemic-prevention research* gone wrong. The search for spillover risk itself caused a spillover. That's why it is so impossible for some scientists to admit it.

There is *something* in this. The OBR’s 2% growth forecast for 2025 was always an outlier – the consensus of independent forecasts in November 2024 was a more realistic 1.3%... assets.publishing.service.gov.uk/media/673cc58c…

With the OBR hanging on to its expectation that Brexit will ‘reduce the overall trade intensity of the UK economy by 15 per cent in the long term’ (2.54 in their March 2025 report) – it is worth examining this figure. The OBR initially said that trade, imports and exports, would

Trump’s tariffs aren’t just about trade. They’re the start of a radical plan to rewrite the global economy. It’s called the “Mar-a-Lago Agreement”—and it could shake the foundations of the dollar system. Here’s what no one’s explaining 🧵

One of many silly claims made by the protectionists is that the US-UK trade deal will allow US beef to 'flood the UK market', just as they said with the Australia and NZ deals. Here are some actual data 👇 Currently the UK imports about 1,000 tonnes of beet from the US, with a

Chart of the Day 🤓 One for those trying to divert blame for the rise in UK inflation to 'global factors', rather than Labour's own policies on energy, employment costs, and tax... 👇

This is not Apple, Tesla or even Nvidia. It’s the US National Debt.

Great explainer of some of the macro spending decisions we will see today and putting in historical context. ⬇️

In the Telegraph, Matt Oliver and @jonathan__leake seem to have been led astray by all the green blobbers they have interviewed for their essay. It is simply untrue to claim, as they do, that "At the moment, the biggest single factor affecting electricity prices is gas" (THREAD)

Could TFL please arrange for some sort of service to Wimbledon, second day in a row of severe delays for a range of reasons. International embarrassment. TfL

Every campus economics debate ends the same way. Someone drops the Sweden card: "High taxes, big welfare—and they're rich and happy!" This myth has become the ultimate trump card against free market arguments. But what if the entire foundation of this story is backwards?