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David Higham

@oldtrotter

Former economist and civil servant. Former (age related) national cycling champion. Still a music fan. Sewn up member of the Zipper Club.

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Latest posts by David Higham @oldtrotter

There's certainly something about having an economy with the capacity to anticipate and adapt to change, but that's not easily captured in a sound bite and probably involves more, rather than less, international cooperation and diversification of supply chains.

06.03.2026 22:18 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Matt Goodwin 

In some parallel universe Britain is not hindering but helping America and Israel ensure that mad Islamists do not get nuclear weapons, is banning the Islamic Revolutionary Guards (and Muslim Brotherhood), is dramatically increasing spending on national defence, is shutting down pro-Iran vigils on British streets & university campuses, is refusing to hand our own territory to a close ally of China, is helping a growing international coalition tilt the Middle East back toward sanity, is putting our national interest ahead of Labour's woke sectarian interests, and is actually grasping the civilisational moment that we are in. Instead, we have Starmer, Hermer, and a Labour government that are openly betraying our closest allies, humiliating us on the world stage, and presiding over one of the biggest foreign policy blunders in history.

Matt Goodwin In some parallel universe Britain is not hindering but helping America and Israel ensure that mad Islamists do not get nuclear weapons, is banning the Islamic Revolutionary Guards (and Muslim Brotherhood), is dramatically increasing spending on national defence, is shutting down pro-Iran vigils on British streets & university campuses, is refusing to hand our own territory to a close ally of China, is helping a growing international coalition tilt the Middle East back toward sanity, is putting our national interest ahead of Labour's woke sectarian interests, and is actually grasping the civilisational moment that we are in. Instead, we have Starmer, Hermer, and a Labour government that are openly betraying our closest allies, humiliating us on the world stage, and presiding over one of the biggest foreign policy blunders in history.

Matt's off on one. I'm getting really confused because I thought Trump claimed to have destroyed Iran's nuclear capabilities last June. And "woke sectarian interests" sound really bad 😬

06.03.2026 22:15 πŸ‘ 7 πŸ” 1 πŸ’¬ 3 πŸ“Œ 2

That always seemed to me to be the problem with securonomics - you just can't insulate the economy from all shocks, nor is it clear that you should. If oil prices rise then we need to use less oil and preventing that delays the adjustment. Obvs there's a debate about how much is temporary/permanent

06.03.2026 22:05 πŸ‘ 3 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Preview
'There are holes you could lose a wheel in' – I rode sectors of the Strade Bianche route, and it wasn't the gravel that shocked me The white roads and settings are beautiful, but don't let your focus slip

As we were discussing www.cyclingweekly.com/racing/there...

06.03.2026 21:59 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

CFTC?

06.03.2026 21:51 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

He continues to get an extraordinary amount of attention from the media, presumably because he can be relied on to say something stupid and/or outrageous.

06.03.2026 21:35 πŸ‘ 12 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

It led to the breakdown of the post war Keynesian economic consensus and the rise of neoliberalism.

06.03.2026 21:32 πŸ‘ 9 πŸ” 4 πŸ’¬ 0 πŸ“Œ 1

The name for this unfortunate condition is 'podcast brain'.

06.03.2026 21:27 πŸ‘ 60 πŸ” 5 πŸ’¬ 10 πŸ“Œ 0

Governments are always unwise to pledge to do things that lie outside their control.

06.03.2026 19:30 πŸ‘ 16 πŸ” 3 πŸ’¬ 2 πŸ“Œ 0

Rogue states can't be trusted with military power, especially things like nuclear weapons, because they may decide to use force irrationally - erratic leaders lashing out in a fit of pique.

WE can be trusted, we tell ourselves, because WE have regular processes to prevent such things.

06.03.2026 18:18 πŸ‘ 137 πŸ” 10 πŸ’¬ 3 πŸ“Œ 0

That I don’t know but the unwillingness of the Republicans to constrain him suggests he could go quite a way. And there’s also the possibility that he simply declares them as unreliable and attempts to ignore them. This is the man behind January 6th.

06.03.2026 19:27 πŸ‘ 0 πŸ” 1 πŸ’¬ 2 πŸ“Œ 0

By rigging them, if not finding a way to cancel them.

06.03.2026 19:23 πŸ‘ 3 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Today in words have no meaning

06.03.2026 19:19 πŸ‘ 39 πŸ” 8 πŸ’¬ 4 πŸ“Œ 0

Sadly they’re not. It’s why I had to buy the magazine to convince myself that I wasn’t hallucinating. Unfortunately, I wasn’t.

06.03.2026 19:21 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I think that his behaviour gives a very strong signal about how he’s going to approach the mid term elections. At some point the Republicans are going to have to face up to the monster they’ve created before it consumes them as well. Perhaps they ought to look at the French Revolution πŸ€”

06.03.2026 19:19 πŸ‘ 7 πŸ” 1 πŸ’¬ 2 πŸ“Œ 0

There is literally no limit to how much damage Trump could inflict on the global economy. He is driven by motives that are completely disconnected from the wellbeing of his own country, let alone the rest of the world. If he thinks it will help in November, he will bankrupt us all.

06.03.2026 19:13 πŸ‘ 25 πŸ” 9 πŸ’¬ 1 πŸ“Œ 1

I keep going back to 1973/74 and the lasting impact that had on the world economy and politics in Britain. As now, people were initially quite sanguine that the fall out could be managed.

06.03.2026 19:15 πŸ‘ 5 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Post image

Full piece here

06.03.2026 19:13 πŸ‘ 4 πŸ” 1 πŸ’¬ 4 πŸ“Œ 3

I’m ashamed of myself for helping fund Oakshott’s lifestyle ☹️

06.03.2026 19:10 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Reminds me of a comment that a Select Committee Chair made about one of my former bosses along the lines of β€œI’d suggest there was a conspiracy but knowing the official involved it was a cockup”

06.03.2026 19:09 πŸ‘ 10 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

That’s one of the problems with Bluesky threads.

06.03.2026 19:06 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Game plan
Trump is rapidly dismantling Xi's anti-America coalition
GEOFFREY CAIN

Game plan Trump is rapidly dismantling Xi's anti-America coalition GEOFFREY CAIN

It’s part of a masterplan which, unfortunately, also includes dismantling the pro America coalition built up since WW2. But πŸ€·β€β™‚οΈ

06.03.2026 19:05 πŸ‘ 5 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

Laws are for little people.

06.03.2026 18:58 πŸ‘ 7 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Using migration as a geo political tool is a form of hybrid warfare.

06.03.2026 18:57 πŸ‘ 9 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Certainly for Putin and US oil and fracking companies.

06.03.2026 18:56 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

How did they get copyright clearance from all the studios? If they did, that’s almost more worrying than if they didn’t and went ahead anyway.

06.03.2026 18:52 πŸ‘ 61 πŸ” 23 πŸ’¬ 9 πŸ“Œ 0

I think it is.

06.03.2026 18:53 πŸ‘ 8 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Sorry what now?

06.03.2026 17:07 πŸ‘ 28 πŸ” 9 πŸ’¬ 1 πŸ“Œ 0

Of course. I don’t think we’re disagreeing. All I’m saying is that moving faster in one areas has implications elsewhere.

06.03.2026 18:51 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

Which is why I’ve also combined insecurity with a lack of self confidence πŸ€·β€β™‚οΈ

06.03.2026 18:50 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0