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Rooshan Aziz
rooshanaziz
World has moved on but #PakEcon discourse is stuck in a rut. Would be easy to ignore such superficial narratives but they’ve historically fed into policy/political discourse (PTI did this
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Glenn Greenwald
ggreenwald
I continue to find it genuinely bizarre that wealthy & well-connected media pundits & DC operatives log onto Twitter or go on cable news on a daily basis to scream
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The Vortex
MizzMashawnb
If you have a 500 dollar credit card limit, don't carry a balance of more than 150 dollars. It's not hard to understand. Credit ratio to debt ratio. FICO scores
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Austerity is Murder🌹
sdgrumbine
Some basics.The US Dollar is a tax credit.It is a unit of measure.You can't run out of inchesYou can't run out of numbersThe government can't run out of dollars... unless
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Marijn
JMK_fan
Worrying to see that Dutch media and politicians reintroduce the false North vs. South / frugal vs. profligate stereotypes. While across-the-board (left to right) outrage at Italy is culturally understandable,
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Ryan Neuhaus
neuhaus_ryan
All you people using the hashtag #CongressPassUBI have never taken an economics or financial literacy course and it shows. I just really want to know where you all think this
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🇺🇸Mrs War £agle🇺🇸
BalentineBecky
Khrushchev said 60 yrs ago...”Your children's children will live under communism. You Americans are so gullible. No, you won't accept communism outright; but, we will keep feeding you small doses
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First Step Finances
FSFmoney
10 Stone Cold Truths about your financesAccept these and your financial life will thrive.**THREAD** 1. Pay yourself first now, or you never will at all.When you start making some money
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Raoul Pal
RaoulGMI
The Dollar Standard:The US Economy fell from 40% of World GDP in 1960 to just 25% today.However, 79.5% of all world trade is conducted in US dollars.84% of all non-domestic
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Stacy Mitchell
stacyfmitchell
One of my favorite local businesses is closing forever — because Congress failed to respond to the economic crisis caused by Covid. I stopped by yesterday to chat with the
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Zaria
PlatinumACNH
SO ONE OF MY FRIENDS JUST STARTED PLAYING AC (they're an hour in) AND THEY'RE FISHING FOR THE FIRST TIME AND I CANT update: shes mad that tom nook took
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AsymmetricDhandoBets
specialsit1
1/ A topic that has chased me for several mth's now is reverse factoring. Clearly, the recent media hype around the magic triangle of Greensill, Softbank/ $SBG and CS /
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Up-and-to-the-Right Capital Management
AdamB1438
Interesting problem to think through:Bankrupt shale companies will emerge from 2020 far less leveraged, butSolvent shale companies will emerge from 2020 MUCH more highly leveraged.Discuss. Thinking through $CLR for example.
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Gregory Smith
emsovdebt
Been asked: is it a big deal that only African countries to issue eurobonds (ie USD/EUR in global debt markets) since Feb are #Egypt & #Morocco? My thoughts not surprising
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Michael Pettis
michaelxpettis
In his CPPCC speech Xi Jinping said “For the future, we must treat domestic demand as the starting point”, which most analysts have interpreted to mean that China should depend
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Travis Kimmel
coloradotravis
On money printing and how it actually is happening. All the time.In fact, banks have been doing it every day for hundreds of years. And also: a QE-variant previous threads
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