Daniela Gabor @danielagabor.bsky.social · 20/09/2026Carbon shock therapy is coming to a European country near you 1124
Daniela Gabor @danielagabor.bsky.social · 24/08/2026Oh look, intensified efforts to build the German derisking state from Germany's investment tsar 2274
Daniela Gabor @danielagabor.bsky.social · 19/08/2026in 2017, Haldane gave a Productivity Puzzle speech that does not mention fiscal position once as a possible explanation. by 2026, he's implying surpluses to productivity improvements causality! 421
Daniela Gabor @danielagabor.bsky.social · 19/08/2026a new manifesto for the British derisking state, whose distributional politics worked so well for the Starmer government 121
Daniela Gabor @danielagabor.bsky.social · 22/07/2026the Wall Street War Consensus, brought to you by Mark Carney via a new multilateral bank. 1164
Daniela Gabor @danielagabor.bsky.social · 30/06/2026In 2022, we warned about the dangers of Housing as an Asset Class in a report for the European Parliament. Lots of wise heads nodded. But here we are again, and we cannot even blame China for this political failure 03110
Daniela Gabor @danielagabor.bsky.social · 25/06/2026Our unions are pushing back against a Labour politician that may try to change a status-quo that has been deeply harmful for workers - all to protect a few jobs in fossil sectors that we cannot afford to keep running because they are literally destroying the planet 24317
Daniela Gabor @danielagabor.bsky.social · 19/06/2026the short-lived life of a super majority Labour government with BlackRock politics was so obvious even a professor of economics could predict it 1329
Daniela Gabor @danielagabor.bsky.social · 18/06/2026I've been long skeptical of Kevin Warsh's hawkish aura - yesterday he proved me right. Despite his critique of QE distorting market signals, inflating asset prices, blurring monetary/fiscal lines, the Warsh Fed won't reserve Powell purchases of US Treasuries under cover of 'repo/reserve stability' 181
Daniela Gabor @danielagabor.bsky.social · 15/06/2026on impact of gilt sales on yields, Bailey obfuscates badly when claiming that holding or selling gilts has no impact on government's cost of borrowing - when the Bank's own research admits at least 15 basis points, w others up to 70 bp (this means billions of pounds in additional debt service) 131
Daniela Gabor @danielagabor.bsky.social · 15/06/2026on APF indemnity scheme, Bailey does not recognize that the Bank is unique among rich central banks in passing losses to government. others keep losses on balance sheet until other valuation effects eliminate them. Why? Cause the central bank can bear losses without any macro implications. 241
Daniela Gabor @danielagabor.bsky.social · 15/06/2026first, the Bank's narrative of QE is no longer New Keynesian price of credit down, but monetarist - QE created more reserves, people had more money to spend (this, reader, matters, cause it's wrong transmission mechanism) 151
Daniela Gabor @danielagabor.bsky.social · 15/06/2026quite extraordinary that Andrew Bailey has responded to Mehreen Khan (+mine + gilt investors) critique of Bank's Quantitative Tightening with a defense so full of monetarist holes you can drive a plough through them: apparently we are of the mark! why? Bailey won't say! 2186
Daniela Gabor @danielagabor.bsky.social · 11/06/2026you may have left twitter but you're still funding Elon Musk with your pension savings. unfortunately, we won't see many denounce that complicity. 25316
Daniela Gabor @danielagabor.bsky.social · 07/06/2026all along, I could have made Lacan jokes about shadow money, serves me right for sticking with the dry prose of Anglo-Saxon monetary theorists 160
Daniela Gabor @danielagabor.bsky.social · 05/06/2026 'government budget is like household budget' is the simple metaphor deployed by people who either lie to justify austerity/capital freedom or have never looked at who owns/trades government debt 0135
Daniela Gabor @danielagabor.bsky.social · 05/06/2026the bigger lesson of that @financialtimes.com piece is that financial repression is coming back, and every liberal economist/institution/central bank is quietly panicking. 171
Daniela Gabor @danielagabor.bsky.social · 05/06/2026thanks @benbraun.eurosky.social @realbrianjudge.bsky.social @mkblyth.bsky.social for letting me talk about macrofinancial life of sovereign bonds for 1.5h. judging by this week's OECD conference, next summer school should be for Ministers of Finance (and Gillian Tett) 1316
Daniela Gabor @danielagabor.bsky.social · 30/05/2026Reasons to be optimistic: Clemence Guette is a formidable politician and public speaker (incidentally the only, the woman, on that panel who engages w the others) 121
Daniela Gabor @danielagabor.bsky.social · 30/05/2026Excited for a day of debate on progressive transformations in Europe with optimists of the will @i-laboetie.bsky.social 2100
Daniela Gabor @danielagabor.bsky.social · 28/05/2026the sound of the AI bubble popping getting louder and some of us will feel pretty vindicated for this particularly inane moment in declining US hegemony 0164
Daniela Gabor @danielagabor.bsky.social · 27/05/2026Well this is getting tense - the Rey question without reference to Rey 100
Daniela Gabor @danielagabor.bsky.social · 27/05/2026At EUI for a conference and you have to give it to Donald Trump, he's got mainstream macro economists to talk about dollar hegemony 190
Daniela Gabor @danielagabor.bsky.social · 25/05/2026Mohamed El-Erian with a list of policy recommendations like it's 1999 neoliberal jazz times 1101
Daniela Gabor @danielagabor.bsky.social · 25/05/2026there is literally no danger of 'Europe resembling China' since China uses heavy financial repression and credit policy as infrastructure for its industrial policy 0182
Daniela Gabor @danielagabor.bsky.social · 25/05/2026oh look, the derisking state is getting a long @FT read: what it calls 'industrial policy' is really 'carrots for capital policy'. there is not one word on sticks, or capital discipline in this piece. its title should be 'How European capitalists taught Brussels carrots is the way' 1277
Daniela Gabor @danielagabor.bsky.social · 13/05/2026I urge @financialtimes.com journalists and UK politicians to read Toby Nangle before clutching pearls at daily movements in gilt prices and the power of bond vigilantes www.ft.com/content/3e1c... 0101
Daniela Gabor @danielagabor.bsky.social · 12/05/2026reminder that Powell, liberals' hero of central bank independence and Trump bete noire, bought USD 200bn in government bonds since November 2025. Bailey sold £ 5bn in gilts over same period. Only one country has booming stock market on top of price pressures. 191
Daniela Gabor @danielagabor.bsky.social · 11/05/2026Carbon shock therapy is accelerating, time for planning decarbonized sovereignty 0175
Daniela Gabor @danielagabor.bsky.social · 11/05/2026stil my beating heart @lenorepalladino.bsky.social 1285
Daniela Gabor @danielagabor.bsky.social · 11/05/2026Accra Reset initiative of the Ghanian government: Sovereignty at the core, yet one pillar, sustainable health financing, is pursuing bankable health (1). 130
Daniela Gabor @danielagabor.bsky.social · 11/05/2026In Paris at @oecd-ocde.bsky.social conference on Future of Development Co-operation with some old friends and foes, quite the visual welcome 1302
Daniela Gabor @danielagabor.bsky.social · 09/05/2026It gets better - Starmer has made Brown his 'derisking weapons' envoy, with a mission to escort investors into war asset classes @benbraun.eurosky.social You literally couldn't make this up. 074
Daniela Gabor @danielagabor.bsky.social · 09/05/2026Platitudes from the deadly centre - reader, it did end badly, for Labour. 082
Daniela Gabor @danielagabor.bsky.social · 09/05/2026Harriet Harmann and Gordon Brown to the rescue - though Brown presided over the design of the Quantitative Easing program that is currently allowing Andrew Bailey to bleed fiscal coffers 151
Daniela Gabor @danielagabor.bsky.social · 09/05/2026Your party gets wiped out in local elections, historical defeat, and your answer is 'fellow citizens, moar of the same'. 3396
Daniela Gabor @danielagabor.bsky.social · 08/05/2026Labour Together moved Labour to the right, and after losing 80% of seats their take will be that they didn't move FAR enough right, dialing up the 'migrants out' line . 24013
Daniela Gabor @danielagabor.bsky.social · 08/05/2026I joked yesterday with an audience that wanted inspirational ideas for mass mobilization that we should instead cap electoral age at 60, so young people get to choose how to live life in age of multiple crises. 2213
Daniela Gabor @danielagabor.bsky.social · 07/05/2026if you're wondering how the AI bubble is doing, OpenAI is borrowing USD 4bn from private equity TPG/Bain Capital/ Brookfield Asset Management, at 17.5% interest, to embed OpenAI products in their 2,000+ portfolio companies. literally paying Wall Street to force its products on their firms 25836
Daniela Gabor @danielagabor.bsky.social · 05/05/2026When the petite bourgeoisie works out the class politics of hyper neoliberalism. 1277
Daniela Gabor @danielagabor.bsky.social · 01/05/2026there is tied aid, and then there is outright US blackmailing poor countries to hand over critical minerals in exchange for investible health that benefits US capital 085
Daniela Gabor @danielagabor.bsky.social · 27/04/2026well I had no idea - the NYT obituary also mentions a brief stint at Lehman :) while a less sycophant take is that the son went into private equity to develop more sophisticated techniques 020
