Discover and read the best of Twitter Threads about #economy

Most recents (24)

Geopolitical Rivalry Between #Russia #China & #USA continues; in Full Force. The Real Question: Geopolitically Speaking, Who’s Ahead Currently?- - - ”China & Russia are bigger threats than terrorism says US government” sc.mp/2DrZdog
Food For Thought- You Get To Pick: In the Midst Of Current #Geopolitical Rivalry Which Country is Ahead?
Wow! That’s interesting, 3 first votes: one of each!! That’s interesting😊
Read 11 tweets
With this from yesterday )See here: “How Greece Became One of America’s—and Israel’s—Closest Allies” washingtonmonthly.com/2019/06/18/how…) what do U expect?! #Turkey #Greece #EastMedDrill - - - ”Is U.S. Ambassador to Greece Faithfully Conveying Trump Admin Policy? gatestoneinstitute.org/14408/greece-u…
#Turkey under siege from multi fronts- Testing Times 4 endurance: 1- #EastMedDrill tensions;2- #Idlib #Syria Escalations;3- #USA #S400 #F35 Threats-Pressure; 4- #Saudi #UAE Fallout; 5- #Libya #Hafar Under-The-Radar Developments;6- #Economy #Currency Turmoil. Remain Tall & Strong
Read 7 tweets
A month after holes in a key database used in GDP estimation were first exposed, the controversy around #India's GDP #data and statistical system has only grown. This #thread is a summary of some answers and many questions on this issue #stats #institutions #economy (1/n)
The latest to question the new GDP series is the former CEA @arvindsubraman who was also among the first to question the new series numbers when they first came out in 2015 (2/n)
His main contention, then and now, is that the new series fails to tally with other economic indicators. Others also have made this point but his recent paper (hks.harvard.edu/centers/cid/pu…) is the most systematic demonstration of that issue (3/n)
Read 24 tweets
#SundayThoughts

The Trump Regime approved the transfer of #nuclear technology to #SaudiArabia seven times!

Trump is risking #War with #Iran because he states, “we just don’t want them to have nuclear weapons - not too much to ask.” 

How can Americans believe this lie?
#MAGA
2015 Hillary Clinton's email.

What Israel military leaders really worry about -- but cannot talk about is loosing their nuclear monopoly!

The Yinon Plan, a strategy intended to ensure Israel’s regional superiority in the Middle East that involves breaking apart the Iraq, Syria, Jordan, Lebanon, Saudi Arabia & Egypt into smaller & weaker sectarian states.

mintpressnews.com/israels-yinon-…
Read 49 tweets
@rlefraim wrote, "IS IT TREASON. — OR CLOSE TO IT. ??? (1 #Treason
#Obama #MSM #DemocraticParty #WalkAway
It appears that former President Obama, the Democratic Party & their friendly media are currently damaging, even sabotaging, American Foreign Policy & the American People, & world peace prospects, in their game to protect the “Swamp” & Corruption of American politics. 2) #Swamp
Let’s look at three sets of facts:
1. Barack Obama is roaming the world telling leaders from Russia to Germany to Iran, to the Middle East, to China & to Latin America that they should stall for time, that they should prevent any changes,... 3) #Obama
Read 19 tweets
India (Bhārat), aka Republic of India (Bhārat Gaṇarājya) constitutes a mosaic of paradoxes and contradictions starting with the existence of gigantic socio-economic disparities which are in sharp contrast with the spectacular technological development in most productive sectors.
Such contradictions reflect significant measurement discrepancies which, in India's case, could be on the order of hundreds of millions of people.
Furthermore, there is the problem of Islamic terrorists, who are trained abroad and find easy fuel in the contradictions within it.
Finally, there’s agriculture which, by some estimates, accounts for 90% of India’s water consumption. Farmers meet irrigation demands by indiscriminately extracting groundwater, which some say accounts for a quarter of the world’s groundwater usage.
Read 134 tweets
Some argue that the #US economy could decouple from the steepening downturn in the global #economy . This is a serious misconception.

The fact is that, for the first time since the early 1900s, the US has not been the most influential player in the global business cycle. 1/
When the global financial crash reverberated through the global economy in late 2008, the Chinese leaders enacted stimulus that would break all records.

The idea, most likely, was to carry the Chinese economy through the slump of the global economy, but the slump never ended. 2/
The bank bailouts of 2008 combined with zero-interest and quantitative easing policies by the central banks forced the business cycle into expansion mode prematurely. Unprofitable banks and firms were kept operating, and the global economy “zombified”. 3/
gnseconomics.com/en_US/2019/03/…
Read 11 tweets
I do constantly wonder about two things.

First, how is it that the massive debt driven bubble in #China is so elusive to many? If look at any, any, standard measure of credit excess, it's in the red. 1/
This extremely important for the global #economy as China has been driven it for the past 10 years.

China has accounted for at least 30% of global growth and some 55% of global money (credit) creation since 2009. 2/
Secondly, why so few seem to worry about zero interest rates and swollen balance sheet of central banks?

There's absolutely no way that 10 years of these has not created the biggest and most dangerous asset bubble in history. 3/
Read 4 tweets
#Punjab: Essence of #productivity | Punjab has been the #breadbasket for the country by providing with a constant supply of #wheat , #vegetables and #fruits . #GranaryofIndia
However, the state has been plagued with issues regarding #drugabuse, high #fertilizer use and the lack of diversification in the #economy.
Punjab needs to reform, learn more by reading below. Read more on how Punjab will play a key role in the 2019 Indin elections. #IndianElections2019 #IndiaElections2019 #GeneralElections2019
bit.ly/2DWIjwd
Read 3 tweets
#India might cause the collapse our economy as the #US did with the #USSR- #Alarm bells are ringing.We have no choice but to #beg.I fear starvation, #poverty and unemployment.” Dr #KaiserBengali, Dean of Science and Tech in #Karachi Warned #Pakistan 😏🇵🇰
Pak Economy dead!
2: Dr Bengali, a former advisor for Planning and Development to the Chief Minister of #Sindh province, spoke yesterday at a hotel in #Lahore at the launching of his research titled State of the Economy 1990-2015; Economy on a Roller Coaster –And Stuck in the Mud
3: #Pakistan’s economy over a quarter of a century, examined three sectors: major crops, minor crops and large-scale manufacturing.
“Average #GDP growth of 4 per cent cannot be expected to raise the per capita income sufficiently to reduce poverty,” the study states.
Read 11 tweets
Economists estimate trump's #TradeWar w/ China has already cost U.S. companies & consumers $19.2 billion.

Now U.S. retailers, to avoid drastic price increases in the U.S., purchase products from Tawain, South Korea, Vietnam, & Mexico (thread)
#economics

reuters.com/article/us-usa…
The trump #TradeWar is making #Vietnam a winner-- as "exports rose 12.4% in the 2nd half of 2018...outpacing the five biggest economies in SE Asia"

And co's like Xuan Hoa Vietnam Joint Stock Co. (furniture) have shifted operations from China to Vietnam.

bloomberg.com/news/articles/…
Tawainese companies are also moving out of China to invest in their home country, making #Tawain a winner in the #TrumpTradeWar

#economics

taiwannews.com.tw/en/news/3679587
Read 11 tweets
@Halsrethink @RemainSovereign @TFMetals @BullionStar @jameshenryand @michaellebowitz @dlacalle_IA @DA_Stockman @RonPaul @RonPaulInstitut @MarkTOByrne @MarkYusko @ErikSTownsend @AndrewBellBNN @realDonaldTrump @LouDobbs @Varneyco @MariaBartiromo @gatewaypundit @JeffSnider_AIP @TruthGundlach @epomboy @PaulCraigRobert @LanceRoberts @TheBubbleBubble @POTUS @TayTayLLP @ronanmanly @jimiuorio @MoneyMetals @stranahan When a central banker or economist mentions 'stimulus', they are talking about diluting the currency through debt currency issuance - to create REAL GROWTH.

This is the insanity & silly talk promoted by central bankers globally.

Nobody asks the question.

#centralbanking #gold
Read 55 tweets
My grandfather was a soldier in World War II. My family has a history of military service.

The normalization of racial supremacy, the encouragement of it by some political leaders as a path to power, isn’t just abhorrent, it is a threat to our peace & to our communities.

#yegcc
As we mark the 25th anniversary of the Rwandan genocide let me say:

- how easy it is to stoke economic fear and pair it with racial fear. We have history to prove it. We know that road.

- Canada is not immune. We must always be on guard for the small wedge that opens the door.
Atrocity may explode like a powder keg, but it’s never the big event that is the cause, that’s just the effect.

Like the frog in the pot of increasingly heating water, it’s the prejudices, hate & fear that are allowed to spread & given platforms that lead to the boiling point.
Read 7 tweets
Articles from @nayadaurpk for your weekend reading pleasure.

1. Searching for an executioner — @NadeemfParacha on the execution of Z A Bhutto and the case that was used to eliminate him. nayadaur.tv/2019/04/search…
2. @Tariq_Bashir on how NAB law directly contradicts the fundamental principle of ‘innocent unless proven guilty’ granted under Pakistan’s constitution. And it needs to be repealed.
nayadaur.tv/2019/04/asad-m…
3. @MuhammadZiauddi explains Pakistan’s 70-year-old dilemma of choosing between an overvalued rupee and a free floating exchange rate. It is a #mustread on Pakistan’s economic history and #policy choices it made.
#nayadaur #reading
Read 10 tweets
#Panel discussion on "What is the new normal for #CESEE?"
@wiiw_news #wiiwSpringSeminar
Vizek: "Very strong public sector, lot of informal economy. Croatia experienced slow growth before, so new normal not really new. But political willingness to reform very low."
Zubovic: positive trends in #Serbia: - rapid #growth in #IT sector over last 3/4 years w/ 3% to 6% share of GDP - Huge Chinese #investments, but with #externalities - Macroeconomic #stability, no fiscal #deficit anymore - foreign #debt declining - Substantial growth of #GDP
Read 14 tweets
#poll If there was a Snap General Election, who would you vote for?

(For other parties, please vote them in comments)

Please RT once Voted! 😃
1997: Blair 13.5mn votes
1997-2015: Blairites/ Others lost 180 seats & 5mn voters
2017: Corbyn 12.8mn votes/ Gained 32

2019:

add first time voters (75% of those who vote, vote for Labour)

Subtract 2% of the population, 80% of whom vote Tories!

Labour Landslide on the cards!
Lab’s share of vote could be 14.5+mn

Once we take into account first time voters- 16 or under at 2017

first time voters -never voted before, disenchanted by Blair years whilst

removing Tory support -loss of voters due to old age

=> Lab will gain 100+ seats from Tories alone
Read 32 tweets
Key insight: #Capitalism inherently concentrates #wealth into a shrinking minority & given that our political system is funded by private $ & that $ = power. It explains why regulations can only temporarily slow/reverse the trend. peoplespolicyproject.org/2019/03/05/wea… via @PplPolicyProj
Now of course regulations & #progressive taxation are needed but to truly defeat inequality & protect our political system. We need to democratize the main source of #inequality which is the workplace. Our factories, stores, & offices aka the businesses that make up the #economy.
To do that we have to bring #democracy into the economy. Accomplished by passing comprehensive legislation that helps fund, promote, + incentivize the expansion & creation of #Worker #Cooperative businesses. Which are businesses owned & run by their workers democratically.
Read 6 tweets
#Migration
Part 1
Why People Migrate
People migrate for multifarious reasons.
In a nutshell – the various reasons for migration can be categorized into “Push Factors” and “Pull Factors”
Read on
👇
karve.wordpress.com/2019/02/21/mig…

#Immigration #Migrants #Travel #Blog
#Migration
Part 2
Flock Theory
Threshold Limits of Immigration to Maintain Demographic Equilibrium
karve.wordpress.com/2019/02/21/imm…

#Immigration #Migrants #Demography #Culture #Conflict #Violence #FlockTheory #Flock #Birds #Travel #FridayFeeling
Read 5 tweets
Generation Z will outnumber Millennials by 2019 weforum.org/agenda/2018/08… via @wef
As per the report "#India's Gen Z population rise to 472 million next year, 51 percent more than #China’s projected 312 million"
"Key differentiating factor between #GenZ versus #millenials is an element of self-awareness versus self-centeredness"
GenZ naturally seek their own solutions and can quickly detect whether or not something is relevant to them. #selfaware, #selfreliant #innovative
Read 6 tweets
"I want to warn the world about an unprecedented danger that’s threatening the very survival of open societies.

…I’ll focus on #China, where President #XiJinping wants a one-party state to reign supreme."

project-syndicate.org/onpoint/the-ai…
"Xi is trying to consolidate all the available info about a person into a centralized database to create a 'social credit system'..people will be evaluated by algorithms that will determine whether they pose a threat to the 1-party state. People will then be treated accordingly."
"#China is not the only #authoritarian regime in the world, but it is undoubtedly the #wealthiest, #strongest & most developed in machine learning & #AI.

This makes #Xi the #most #dangerous #opponent of those who believe in the concept of #OpenSociety."

project-syndicate.org/onpoint/the-ai…
Read 22 tweets
#Meng was charged with conspiracy to defraud banks. Canada’s Crown lawyer told the judge she has incentive to #flee the country. #Dishonesty is a factor in deciding her bail. The Crown lawyer argued that it’s difficult to set #bail high enough to prevent her from fleeing.
#Huawei Used #Skycomm to do #BusinessInIran
Canada’s prosecutor said the case against #Meng is for #fraud in deceiving banks on the relationship between Skycomm and Huawei. The U.S. claims Huawei used its Skycomm unit to do business in Iran, breaching #USsanctions
Read 16 tweets
This all started because the #MetPolice & #LBRUT couldn't do their day jobs properly & decided to take the law into their own hands. It started as a small cover up 12 years ago but has turned into British State Persecution.

#Skynews #BBCNews #DailyMail #Guardian #Euronews
My company was raided. It should have been a straightforward matter. But the #MetPolice & #LBRUT forgot to seize my computer & came back to do a 2nd raid. The search warrant didn't permit a second entry, however, #LBRUT entered unlawfully

#Guardian #Telegraph #DailyMail #GMB #UK
Complaints were then made to my MP #VinceCable. He liaised with the #Metpolice & #LBRUT. And then weeks later, the search warrant was completely changed & was passed off as the search warrant executed on the day of the raids.

#DailyPolitics #Libdems #Conservatives #labour #bbcdp
Read 147 tweets
1/ The President of the United States is systematically dismantling all the institutions we built after WWII to maintain the world order we created.

#Abdication
2/ #NATO, the UN, the WTO, the IMF, World Bank, and our trade agreements are mechanisms for us to have a say in what other countries do. They are tools of our power but they come at a cost.

We cannot just do whatever we want without consulting others and in some cases it costs $
3/ Our modern #empire is dependent upon the US Dollar and US military power. First let's talk about the $USD.

By FAR our most powerful tool, it is based on our political and economic stability. While even DJT can't destroy our economy, he is straining our political stability.
Read 16 tweets

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