Author | Lightnews

Reposted by Jos Gallacher 🟰

Fabian Society @thefabians.bsky.social · 2h

Congratulations to Lucy Powell for winning the Deputy Leadership contest. We look forward to working with you.

If you haven’t already, read Lucy’s vision for the role, which she set out for Fabian members ahead of our hustings. ⬇️

fabians.org.uk/connected-wi...

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Reposted by Jos Gallacher 🟰

Co-operative Party @coopparty.party.coop · 2h

Congratulations to Co-operative MP Lucy Powell on her election as Deputy Leader of the Labour Party.

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Reposted by Jos Gallacher 🟰

Jos Gallacher 🟰 @jos.gallacher.be · 1d

I love the old fashioned search engines. This one offered me low priced Neoplatonism.

Search result:

www.amazon.co.uk › Neoplatonism › Books AD
Shop Neoplatonism | Low priced
Neoplatonism

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Jos Gallacher 🟰 @jos.gallacher.be · 3h

Also featured a new tympani concerto by Matthew Rooke with Paul Philbert as soloist.
Fantastic

Image from the programme with Paul Philbert at his drums.

Jos Gallacher 🟰 @jos.gallacher.be · 17h

Taking time off from attempting satire for a bit of Beethoven.

Image of the stage at the Usher Hall before the concert.

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Jos Gallacher 🟰 @jos.gallacher.be · 18h

Great example of why this is a bad idea.

Jos Gallacher 🟰 @jos.gallacher.be · 18h

on.ft.com/4qoQ1EP UK considers easing late payment rules in blow to small suppliers

UK considers easing late payment rules in blow to small suppliers

Big business lobbies government with warning that cash flow squeeze would harm investment

on.ft.com

Reposted by Jos Gallacher 🟰

Jos Gallacher 🟰 @jos.gallacher.be · 1d

Tired of your old ethics, get new low cost ethics from the Amazon bookshop:

Search engine result, Amazon bookstore selling loss priced ethics.

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Jos Gallacher 🟰 @jos.gallacher.be · 22h

on.ft.com/4qoQ1EP UK considers easing late payment rules in blow to small suppliers

UK considers easing late payment rules in blow to small suppliers

Big business lobbies government with warning that cash flow squeeze would harm investment

on.ft.com

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Jos Gallacher 🟰 @jos.gallacher.be · 23h

In reality it is small businesses that fund investment from retained earnings. If they need to keep more working capital they will invest less. Corporations have other sources of finance for investment. For them working capital is not the issue.

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Jos Gallacher 🟰 @jos.gallacher.be · 23h

Put off paying your bills for the sake of the economy.

The UK government is considering rowing back on planned legislation that shortens payment times for small suppliers after lobbying from big businesses, which warn that a squeeze on their cash flow would harm investment in the economy.

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Reposted by Jos Gallacher 🟰

Jos Gallacher 🟰 @jos.gallacher.be · 6d

“Lots of people in Congress do criminal stuff.”

FT:

In an August 4 dated letter to Edward Martin, the US pardon attorney, Taylor Greene said the seven-year sentence "for such campaign-related matters for an individual with no prior criminal record extends far beyond what is warranted".
"While his crimes warrant punishment, many of my colleagues who I serve with have committed far worse offences than Mr Santos yet have faced zero criminal charges," she said in the letter.

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Jos Gallacher 🟰 @jos.gallacher.be · 1d

Not just abstract philosophical concepts. Here’s one for mathematicians. Amazon has a wide range of metric spaces for sale.
#mathematics

Search engine result Amazon selling metric spaces.

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Jos Gallacher 🟰 @jos.gallacher.be · 1d

Tired of your old ethics, get new low cost ethics from the Amazon bookshop:

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Jos Gallacher 🟰 @jos.gallacher.be · 1d

So I wondered if there were any other philosophical schools going cheap:

Search engine result: Amazon selling low priced intuitionism.

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Jos Gallacher 🟰 @jos.gallacher.be · 1d

Buy more stuff for the sake of the economy!

on.ft.com/476IEu9 UK retail sales unexpectedly rise by 0.5% in September

UK retail sales unexpectedly rise by 0.5% in September

Boost to economy comes ahead of expected tough Budget next month

on.ft.com

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Jos Gallacher 🟰 @jos.gallacher.be · 1d

I love the old fashioned search engines. This one offered me low priced Neoplatonism.

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Reposted by Jos Gallacher 🟰

Jos Gallacher 🟰 @jos.gallacher.be · 3d

It’s a bubble.
We know it’s a bubble.
But we keep inflating it.
We are not concerned.
When it pops, government will bail us out.
Like last time.
The same governments now worried about selling their bonds will borrow more to save us.
#EconSky
👇
on.ft.com/4oR5r3l Bubble-talk is breaking out everywhere

Bubble-talk is breaking out everywhere

But more optimistic investors continue to bank on the cavalry arriving if things get really dicey

on.ft.com

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Jos Gallacher 🟰 @jos.gallacher.be · 2d

I think she should go further and introduce a higher band of employers/partners NI on remuneration above £500,000.
Think of it as a sin tax on businesses paying excessive salaries.
on.ft.com/4nhjFt2 Rachel Reeves targets tax partnerships in crackdown on wealthy Britons

Rachel Reeves targets tax partnerships in crackdown on wealthy Britons

UK chancellor fleshes out Budget plan to target professionals with ‘broadest shoulders’ including lawyers, doctors and accountants

on.ft.com

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Jos Gallacher 🟰 @jos.gallacher.be · 3d

It’s a bubble.
We know it’s a bubble.
But we keep inflating it.
We are not concerned.
When it pops, government will bail us out.
Like last time.
The same governments now worried about selling their bonds will borrow more to save us.
#EconSky
👇
on.ft.com/4oR5r3l Bubble-talk is breaking out everywhere

Bubble-talk is breaking out everywhere

But more optimistic investors continue to bank on the cavalry arriving if things get really dicey

on.ft.com

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Reposted by Jos Gallacher 🟰

Katie Martin @katie0martin.ft.com · 3d

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Reposted by Jos Gallacher 🟰

Michael Pettis @michaelpettis.bsky.social · 3d

9/9
The bigger point is that the only sustainable way for a country to increase its consumption is not by reducing the price of its imports but rather by increasing the value of its domestic production.
www.ft.com/content/8911...

Do consumers benefit from cheaper imports?

Domestic production should be prioritised over cheap consumer imports

www.ft.com

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Jos Gallacher 🟰 @jos.gallacher.be · 3d

Why do we assume that someone who has been lucky in the past will be lucky in the future?

A physicist with a PhD in quantum gravity, his investments in Musk's start-ups such as xAI,
SpaceX, Neuralink, and Boring Company have proved lucrative for Sequoia.
The runaway success of SpaceX in particular has earned him "a lot of rope" at the firm, the people added. The rocket and satellite company was valued at $400bn in a recent employee share sale and has netted Sequoia a gain of about $4bn on paper, said a person with knowledge of the matter.

Jos Gallacher 🟰 @jos.gallacher.be · 3d

"Stop scrolling and post two characters who bring you happiness."

Jos Gallacher 🟰 @jos.gallacher.be · 3d

They’re not anti immigration, they’re anti immigrant.

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