45,397 followers   •   4,922 following   •   United Kingdom   •   http://www.coppolacomment

Forbes contributor, occasional FT blogger and author of the Coppola Comment finance & economics blog. Singer, musician and bank refugee. RT means Read This.

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(((FrancesCoppola)))
Frances_Coppola
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the war they are too young to remember
The war they are too young to remember.
(((FrancesCoppola)))
Frances_Coppola
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60 is not state pension age it may be occupational pension age please issue a tweet clarifying this
60 is not state #pension age. It may be occupational pension age. Please issue a tweet clarifying this.
(((FrancesCoppola)))
Frances_Coppola
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seems that proposals to move straight to fta negotiations without agreeing the terms of withdrawal breach arti
@DFMCologne @Jacquel2592767 @TomMcTague9Seems that proposals to move straight to FTA negotiations without agreeing the terms of withdrawal breach Article 50.
(((FrancesCoppola)))
Frances_Coppola
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the total amount of sp most people receive during their lifetimes exceeds their ni contributions by quite a bi
@SatishS38733799 @WeegiewanThe total amount of SP most people receive during their lifetimes exceeds their NI contributions by quite a bit. The SP is very good value.
(((FrancesCoppola)))
Frances_Coppola
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the 34bn may well be right but men s state pension age didn t start to rise until november 2018 unlike women s
@Weegiewan @SatishS38733799the £34bn may well be right, but men's state pension age didn't start to rise until November 2018, unlike women's which has been rising since April 2010.
(((FrancesCoppola)))
Frances_Coppola
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state pension is not a contract it is a benefit the eligibility criteria for which are set by parliament and c
@SatishS38733799 State pension is not a contract. It is a benefit, the eligibility criteria for which are set by Parliament and can be (and have been) changed by Parliament.

The cost of restoring SPA of 60 for women born in 1950s is over £180bn. Restoring it for ALL women would be far more.
(((FrancesCoppola)))
Frances_Coppola
today s harvest
Today's harvest.
(((FrancesCoppola)))
Frances_Coppola
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so for example i see people in their 60s and 70s saying that young people should work as farm labourers instea
@rapunzellet So, for example, I see people in their 60s and 70s saying that young people should work as farm labourers instead of going to university, because then we can "send all the foreigners home ". This is shockingly bad economics, in lots of ways.
(((FrancesCoppola)))
Frances_Coppola
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the job market everywhere in the uk is buoyant we have the lowest unemployment since 1974 young people do not
@rapunzellet The job market everywhere in the UK is buoyant. We have the lowest unemployment since 1974. Young people DO NOT NEED the jobs of older people.

Anyway, as I said, you aren't really concerned about young people. You are just using them as an excuse.
(((FrancesCoppola)))
Frances_Coppola
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young people don t need the jobs older people would vacate this is the lump of labour fallacy which has been d
@rapunzellet Young people don't need the jobs older people would vacate. This is the "lump of labour " fallacy which has been debunked many, many times.

Older people claiming state pensions earlier is not going to raise the wages of young people. It is just going to increase their taxes.

The Most Relevant

(((FrancesCoppola)))
Frances_Coppola
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i am sick and tired of hearing ignoramuses like bernard jenkin claim that the millenium bug didn t exist it di
I am sick and tired of hearing ignoramuses like Bernard Jenkin claim that the Millenium bug didn't exist. IT DID. I worked on Y2K projects. We found bugs and we fixed them. It's because we did such a good job that people who weren't involved think there was never a problem.
(((FrancesCoppola)))
Frances_Coppola
this is civilised behaviour is it
This is civilised behaviour, is it?
(((FrancesCoppola)))
Frances_Coppola
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last year i said that in the long term there could be a bright future outside the eu i am now recanting brexit
Last year, I said that in the long term there could be a bright future outside the EU. I am now recanting. Brexit is bad, now and forever.
(((FrancesCoppola)))
Frances_Coppola
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if you had any understanding at all of wto rules you would know that in the event of no deal the eu would have
If you had any understanding at all of WTO rules, you would know that in the event of no deal, the EU would have no choice but to introduce the checks described in this piece. Not to do so would violate international law.

I suspect you DO know this, but prefer to lie.
(((FrancesCoppola)))
Frances_Coppola
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in the five years from 2012 to 2016 paid out 217 million more in dividends than it generated in cash from its
"In the five years from 2012 to 2016, #Carillion paid out £217 million more in dividends than it generated in cash from its operations." (Parliamentary briefing paper). Imaginary profits don't provide hard cash. Carillion borrowed to pay those dividends....
(((FrancesCoppola)))
Frances_Coppola
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you did some teaching as a doctoral candidate at cambridge and some teaching as a fulbright scholar at harvard
You did some teaching as a doctoral candidate at Cambridge, and some teaching as a Fulbright Scholar at Harvard. But you have never held a university teaching post or done any significant academic research. You didn't even complete your doctorate. Universities are not schools.
(((FrancesCoppola)))
Frances_Coppola
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i am stunned by the sheer illogicality of an immigration policy that admits high skill immigrants and bans low
I am stunned by the sheer illogicality of an immigration policy that admits high-skill immigrants and bans low-skill ones. Why does Govt assume that the British workforce has an unlimited supply of low-skilled people? That is a hefty indictment of British training & education.
(((FrancesCoppola)))
Frances_Coppola
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brexiteer warns investors to get their money out of the uk then tells the uk to go for hard brexit cc
Brexiteer warns investors to get their money out of the UK, then tells the UK to go for hard Brexit. cc #disasatercapitalism
(((FrancesCoppola)))
Frances_Coppola
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i am quite proud of this three years ago i wrote this post arguing that harsh austerity policies in germany du
I am quite proud of this. Three years ago, I wrote this post arguing that harsh austerity policies in Germany during the Depression directly caused Hitler's rise to power:
New academic paper supports my argument:
(((FrancesCoppola)))
Frances_Coppola
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we should have seen this coming it does not matter what proposals greece makes they will never be enough
We should have seen this coming. It does not matter what proposals Greece makes, they will never be enough:
Total(1) => 0.50196218490601 f_f_QM(2) => 0.20339679718018 indS(2) => 0.15984129905701 indM(2) => 0.041495084762573 indM_1(2) => 0.0041790008544922 indM_2(2) => 0.0010919570922852 indM_4(2) => 0.0028541088104248 indM_5(2) => 0.0036349296569824 indM_6(2) => 0.0019516944885254 indM_7(2) => 0.0041189193725586 indM_8(2) => 0.001237154006958 indM_9(2) => 0.01329493522644 indM_10(2) => 0.008781909942627 f_f_pTL(2) => 0.29588294029236 f_f_dT(20) => 0.29558706283569