Discover and read the best of Twitter Threads about #economist

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#Economist
What PM Narendra Modi actually said...

"Speaking at Bellary, PM Modi said, “The movie ‘The Kerala story’ is trying to expose the consequences of terrorism in a society, especially in a state like Kerala which is beautiful land of hardworking,

talented and intellectual people.

The Congress party is now trying to ban the film and support the terror elements.

It only knows to ban things and completely ignore development.

The party even has a problem with me chanting ‘Jai Bajarang Bali’ “
"He also lauded the film and told that it tried to expose the new form of terrorism in the society.

“Terrorism has taken a new form now. Apart from using weapons and bombs, they are working towards making the society hollow from inside out."
Read 7 tweets
“Is #Ukraine a #Democracy? Separating #Fact From #FictionImage
“Free and Fair Elections

#Ukraine's president is directly elected by the people, while the country's lawmakers are elected in both single-seat constituencies and through proportional representation.
The legislature chooses the prime minister by majority vote, and the president appoints members of the supreme court after they have been nominated by the Supreme Council of Justice.
Read 12 tweets
Whether you like it or not, we're in an #economic #reset & nothing can stop it

The #macro chart of the #USA #economy reveals a crucial insight everyone should pay attention to

US #GDP & M2 money supply in #USD tn

Read on...

#tradingview chart👉bit.ly/3IwTBrt

1/🧵 Image
Untill 2011, money supply M2 consistently remained below 60% of #GDP

#Growth in M2 kept pace with GDP growth

Enabling low #inflation secular growth #economy

Despite popular #fintwit narrative, even GFC of 2008 did not upset M2 GDP⚖️balance

This is what GFC did...

2/🧵 Image
Average #GDP growth was 4% but M2 grew at 6%

Since 1960, this is the 1st time M2 increased faster than GDP

Still in 2011, M2 was less than historical average 60% of GDP

The story gets interesting for #investor #Traders #students #everyone

Then came the opportunity...

3/🧵 Image
Read 9 tweets
The US Federal Reserve has two imperatives: keeping #employment high and #inflation low. When these conflict - when unemployment goes near-zero - the Fed forgets all about #FullEmployment, cranking #InterestRates to "cool the economy" (AKA "increasing #unemployment"). 1/ A vintage postcard illustration of the Federal Reserve build
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/01/19/cre… 2/
An economy "cools down" when workers have less money, which means that the prices offered for goods and services go down, as fewer workers have less money to spend. 3/
Read 53 tweets
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.”
― John Maynard Keynes

#Polymath and and #economist. Image
Between 1901, (age 18) and 1915, Keynes kept a quarterly tabulation of his sexual partners (both male and female). Entirely fitting hobby for a budding economist. Among his many male lovers was Benoy Kumar Sarkar, identfied as Indian nationalist and social scientist. Image
In 1925 Keynes fell in love with and married Russian ballerina Lydia Lopokova. They would remain married until his death in 1946. Image
Read 6 tweets
The #economist is publishing a regularly-updated model of excess deaths due to COVID, which is being used to tell just-so stories about countries the Economist doesn’t like. Let’s talk about the dangers of using machine learning for analysis when you don’t have data.
Before we do, let’s just take a moment to appreciate the deep racism of this picture from a report using the Economist's numbers by the Centre for Strategic and International Studies. When you see a cover pic like this, you can guess what the contents are gonna be.
Having seen who is using this data and hazarded a wild guess at why, let’s look at some results. First, let’s compare the UK and Vietnam. According to the Economist, Vietnam had nearly as many excess deaths due to COVID-19 as the UK, despite containing the virus for a year.
Read 22 tweets
The safe city index 2021 has ranked Karachi on the 59th spot among 60 countries, in terms of health and environmental security, among other factors. #dailyscooptv #Karachi #safecity #economist #unsafe #karachi
The Economist Intelligence Unit, released its ranking on Monday covering 60 major urban areas around the world, with focus on COVID-19 pandemic that has shown the “need for a more holistic approach to health and security and its closer integration into urban resilience planning.”
According to the index, Karachi has scored 39.7 points.

The division of points is as follows:
38.5 on digital Security, 48.4 on health security, 43.0 on infrastructure security, 33.3 on personnel security, and 35.4 on environmental security.
Read 4 tweets
1/ My top three takeaways from Howard Marks' latest memo "Thinking About Macro".

Thread below🧵👇

#howardmarks #valueinvesting #macro Image
2/ Most economic forecasters have lousy track records, so why trust them?

Time and attention is best spent elsewhere.

#economy #Economist Image
3/ Prices are mostly physiological elements reflected in reality.

Perceived increased demand can drive prices up, and vice versa.

Perception is not always reality.

#stockmarket Image
Read 5 tweets
Thread: Thoughts on #valuebased & #patientcenteredcare

Within #healthcare & #advocacy there seems to be a great deal of discussion on both #valuebased care & #PCC. #Healthcare costs have skyrocketed’ & thus a need to #reduce. I am not an #economist but as a #caregiver I 1/
definitely have seen ‘waste’. From my POV costs will continue to skyrocket even if #valuebased care is implemented. One reason (again not an economist) is the vulture ‘istic’ aspect of industries profiting from our system. The other reason is that our system is not centered 2/
around the #patient or patients needs. Thus, if the value based metric is reduced hospital admissions, this, on the face seems straight forth, however if the patients needs are not taken into account but only focused on established metric, costs could (& I will argue often r) 3/
Read 14 tweets
CARRIE JOHNSON is Rothschild Royalty

#OCEANA linked to GHISLAINE, Jacob Rothschild, David Rockefeller

#ASPINALL linked to business partner of Jacob Rothschild's close pal & Kate Rothschild's ex-hubby

#CARRIEsDAD LONG involved with Lynn & Evelyn Rothschild at #IISS & #Economist ImageImageImageImage
CARRIE JOHNSON WORKS FOR #OCEANA

"Ghislaine Maxwell's passion is the oceans. In 2008 she hosted a party for the board of the nonprofit #Oceana at her house on E 65 St"

Closely associated with Oceana are:

Carrie
Jacob Rothschild

thecut.com/2019/07/ghisla…
oceana.org/sites/default/… Image
CARRIE WORKS FOR #ASPINALL

As well as advising #Oceana — seen below with Jacob Rothschild's biz partner David Rockefeller — Carrie now joins ASPINALL FOUNDATION TAF

#TAF Trustee BEN GOLDSMITH is ex hubby of Amschel Rothschild's daughter: KATE ROTHSCHILD

theguardian.com/uk-news/2021/a… ImageImageImageImage
Read 12 tweets
More conspiracy theory from Financial Times:

"With a new US admin., & [] the vaccination rollout under way, now is a good time for the major economies of the west (& ideally the world) to sit down & devise a new international #monetary order."

#GreatReset h/t @johnsteppling
"As part of that there should be widespread #debt cancellation, especially the gov't debt held by #central #banks. We estimate that amounts to approximately $25tn of gov't debt in the major regions of the global economy."

ft.com/content/39c53b…
"Whether debt cancellation extends beyond that should be central to the negotiations between policymakers as to the construct of the #new #system ...The implications for bond yields, post-debt cancellation, need to be fully thought through and debated."
Read 14 tweets
The #GeorgeFloydMurder is the latest in a long history of #racist atrocities visited on Black people & minorities in the US & elsewhere.

If u are in some position of authority, power, privilege & have a public platform you need to speak up and be counted. A v personal #thread
I am brown of Indian origin, but when asked, I always say I don't really know what #racism looks like, I have almost never experienced it, and I am in a position of power and privilege so I don't think its appropriate for me to speak about it. But today, I write about it here ...
I grew up in India, when to the @LSEnews & took a investment banking job at #Lehman. When I flew back to #India, I went to the UK embassy in Delhi to get my work visa. That was my first #racist encounter. He barked at me, said he could turn me down coz "too many of us in the UK"
Read 43 tweets
Lets talk about John Maynard #Keynes and his #Passion for #Art...
John Maynard #Keynes is perhaps most famous for his 1936 Magnum Opus, The General #Theory of #Employment, #Interest, and #Money in which he argued for a more active role of #FiscalPolicy in #Macroeconomic management...
It is hardly disputable that #Keynes' work, and his subsequent roles during the #BrettonWoods era marked a significant intellectual shift in the way we have come to understand #Economics as a discipline...
Read 11 tweets
The work of @HarvardHBS economist @william_r_kerr was brought to my attention by our group’s head #economist, Jonathan Pingle, and Kerr argues that human #talent, rather than the physical capital stock, or land, is far-and-away the country’s most valuable resource.
At an estimated value of $240 trillion, the knowledge and talents of the U.S. #workforce dwarf the estimated value of all the urban #land in the country, and by a factor of nearly ten! Image
While that might seem unfathomable at first, to anyone who has run a large organization of extraordinarily #talented individuals it seems perhaps less surprising. I’ve long known that the #team one is surrounded by is the difference between success and failure in #investing.
Read 4 tweets
"You don't see radio changing gradually and suddenly become radar. #Darwin's theory doesn't work for #technology, and we have to make a new observation."

- W Brian Arthur at SFI today

#evolution #innovation #invention
"Novel technologies are constructed from existing technologies. These offer themselves as components for the construction of further technologies."

- W Brian Arthur at SFI today

#evolution #innovation #invention #technology #engineering #design
Unlike the two-parent #inheritance typical to (but not ubiquitous among) #complex organisms, #technology inherits features from n parents - a "vast ancestral #network" more like horizontal gene transfer networks in #bacteria.

W Brian Arthur on sumulating #invention on a chip:
Read 18 tweets
The “left” tukde-tukde gang misses that the common Indian is deeply nationalistic. Congress completely yielded that to the BJP, even showing up in JNU to support #TukdeTukde.

That can win in editorials in #NYT and #Economist, it suits them; it can never win hearts or heartland.
The electorate is nationalistic. It is Hindu.

The “Left” in India is out of touch.

BJP is far more vulnerable on its right flank. If Congress had announced “Mandir vahin banayenge”, would have created serious disruption.

#ElecctionResults2019
#ModiAaGaya
#ModiAaRahaHai
Agree bhai.

I’m saying that you cannot attack the mainstream and hope to win. Many nationalistic Muslims supported Ram Temple but Congress took Islamist view.

Read 6 tweets

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