How to get URL link on X (Twitter) App
https://twitter.com/msjanebond007/status/17667569870254080682/ To calculate GDP, the ONS uses all sorts of measurements which are subject to uncertainty, so the numbers are often revised. Recently, they changed the method of calculation, causing previous estimates to be revised up. ons.gov.uk/economy/grossd…
https://x.com/RichardBentall/status/1742245031803519403?s=20
https://twitter.com/RichardBentall/status/1694401973586411861?s=20
https://twitter.com/JPThrough1/status/1693014558133178495?s=202/ First up, the £, here compared to a basket of foreign currencies. Something seems to have happened to it in 2016.
https://twitter.com/RichardBentall/status/1686812479899189250?s=202/11
https://twitter.com/vendettaplace/status/16460473636292116502/4 The gravity model, which states that trade decreases by half as distance doubles, is an iron economic law ("social physics" according to Paul Krugman). It has applied historically, even in the days of the British empire (we traded mostly with Europe):
https://twitter.com/implausibleblog/status/16201936120374927392/16 The parallels are remarkable. The campaign for Prohibition built up over decades, dividing the US into 'dries' and 'wets'. There were even soft dries and hard dries. There were Farage-like figures (Wayne Wheeler of the Anti-Saloon League, the UKIP of the day).
https://twitter.com/Simon_Nixon/status/16185140000898662402/10 Nixon rules out the one thing that might mitigate these effects - rejoining the SM/CU - for all the reasons everyone else seems to. 1/ Refusal of UK political parties to contemplate it; 2/ Reluctance of EU to deal further with perfidious Albion.
https://twitter.com/RichardBentall/status/16169374206367907862/6 My guess is that the credit line 'loan' was never going to be paid back. It was a gift of nearly £1 million to our prime minister, disguised as a loan and then hidden. This is banana republic-level stuff.
https://twitter.com/samfr/status/16015069325687029762/ Freedman asked the question in a completely different way (we explained FoM and asked if people would be happy to accept it; he included it in a list of things people might worry about if we got closer to EU). Triangulation makes it clear FoM really not a problem for most.
https://twitter.com/RichardBentall/status/1543858215011614722?s=20&t=-MW-a5xMYu312tKchnC_qw2/14 The events of the past few days have only increased my confidence, and make me wonder whether it could even happen sooner.
https://twitter.com/BrugesGroup/status/1575231189656293377?s=20&t=AiKA4e_UbZiFyaP7GNnUEA2/ Apparently, there is no crisis:
https://twitter.com/andrew_lilico/status/1575143426810695680?s=20&t=AiKA4e_UbZiFyaP7GNnUEA