Max
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maxjsomd.bsky.social
Max
@maxjsomd.bsky.social
When my information changes I alter my conclusions
He’s not wrong though is he?
January 22, 2026 at 8:40 AM
This is how people have good startup ideas
January 21, 2026 at 8:16 AM
Nice, no newsletter?
January 20, 2026 at 7:58 AM
Where is this report from?
January 20, 2026 at 7:50 AM
It certainly looks like we are at, or close to, the conflict/war stage of the Dalio’s debt cycle
January 19, 2026 at 8:41 AM
Indeed. But where is the UK?
January 14, 2026 at 6:53 PM
It really is terrible, and also expensive. For the same price as a Nespresso machine you can buy a decent actual espresso machine. Better coffee, a fraction of the price for the coffee itself, and much less waste
January 11, 2026 at 9:37 AM
Firms can list where they want. So if New York appears more attractive (for eg higher valuations, better economy) to a UK tech firm then that’s where they’ll go.
October 7, 2025 at 3:50 PM
Yes the media today, including the BBC, are more interested in the soap opera of politics than bothering to analyse policy ideas and outcomes (which is harder work)
October 2, 2025 at 10:31 AM
The idea is not that one producer increases their supply and lowers their prices, but that increased supply in the market results in the market price dropping and finding a new “equilibrium” (E in the diagram)
July 25, 2025 at 1:15 PM
Economics text books say that a surge in supply would result in lower prices and an increase in the quantity traded. The lower price is what increases demand.
July 25, 2025 at 1:05 PM
I agree that is very concerning and should be a priority for the government.

But what is also true is that the 90% that do have savings should ALL have a stocks and share ISA as where they can increase the value of their savings year on year
July 18, 2025 at 9:57 AM
Yes, fair enough, many people do not have any savings, which is an important but separate issue. But we are talking here about how people that do have savings use them - and in every case they should invest them rather than leave money sitting in a bank and losing value over time.
July 18, 2025 at 9:46 AM
All the more reason to invest your savings.
July 18, 2025 at 6:50 AM
Having more working class people in the cabinet is good, but it’s not a story. If they want a story, then they need to explain how they’re going to get bills and rents down, and incomes up.
July 16, 2025 at 10:43 AM
You need incentives. More new EVs today means supply (and lower prices) in the 2nd hand market tomorrow
July 15, 2025 at 9:31 AM
Anyone with savings can and should invest in the stock market. You can do this tax free in an ISA. People who do this benefit from the stock markets going up. No one “controls” the stock market, that is a fundamental misunderstanding of how markets work.
July 15, 2025 at 9:27 AM
Haringey needs you
July 6, 2025 at 8:58 PM
The other problem is that they don’t understand how government debt / bond markets work either. And then you get those who think modern monetary theory is the solution to everything. Much like right wing ideologues, they are not willing to acknowledge real world costs and trade offs
July 6, 2025 at 5:07 PM