Philip Pilkington
Macroeconomist/investment professional. Tweeting all things macro/investment. Host of the Multipolarity podcast, @MultipolarPod.
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1/ Here is a thread on why recent record sales by the Chinese of US Treasuries might be one of the first signs of a major fiscal crisis in the US. There is a lot of confusion about...
1. These days everyone is talking about decoupling and de-risking, but as is often the case with big economic questions no one has really assessed whether such moves are even viabl...
1/ Very interesting developments in weapons systems coming out of the Israel-Hamas conflict. Apparently the homemade RPG system they are using is a tandem-charge system. This destr...
1/ In our new paper demographer Paul Morland and I argue that Western countries facing low and falling birth rates are confronted with a trilemma. They can only pursue two of three...
1/ Here’s a hypothesis that I haven’t seen much discussed: maybe the economic growth that we are currently seeing in the United States is simply fake; that is, made up of make work...
1/ Yesterday I published an article in @unherd arguing that the situation leading up to the French riots is being driven by high food prices and low consumption. I presented INSEE...
1/ Much discussion of de-dollarisation going on. But many seem not to understand what the process would look like and whether it can be 'measured' with today's data. Let's bust a...
1/ A🧵on how a US equity and bond market drawdown will diminish the trust-based system the US use to finance its trade deficit. Related to @davidpgoldman’s excellent Asia Times piec...
1/ US adding more companies to the so-called ‘entity list’. https://t.co/tOjzf4XzDz
1/ Looks like China is trying to rebalance its economy. 🧵 https://t.co/PQMLEdx2PI
1/ European gas imports update. Short 🧵
1/ There’s some really interesting stuff happening in the gold market right now that people should pay attention to because it could have implications for the global monetary syste...