Jacobtldr Categories Economy
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Note: This report doesnât do a dynamic analysis that makes things much clearer, but it does a thoughtful statistical analysis based upon increasingly available data.
https://t.co/5Xmt8y7lCL
A few more quotes:
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âThe analysis also finds that lockdowns are powerful instruments to reduce infections, especially when they are introduced early in a countryâs epidemic and when they are sufficiently stringent.â
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âlockdowns become progressively more effective in reducing COVID-19 cases when they become sufficiently stringent. Mild lockdowns appear instead ineffective at curbing infections.â
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âThe results suggest that to achieve a given reduction in infections, policymakers may want to opt for stringent lockdowns over a shorter period rather than prolonged mild lockdowns...
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Letâs do an update and go through some exciting developments. In short, the picture for NatGas continues to improve from all angles.
A thread.
Time for a thread about US NatGas and why it will surprise to the upside...
— BVDDY (@BvddyCorleone) October 22, 2020
There\u2019s an exceptional opportunity setting up in the energy space, in particular for US NatGas and related equities.
I\u2019ll explain the setup in this thread and also reveal my top pick. \U0001f920
These tax avoidance techniques result in effective tax rates of ~0-2.5% https://t.co/R433UuKInX
Multinationals played a crucial role in lifting Ireland out of the last recession and they will again as we rebuild our economy after Covid.\xa0What does SF want to do? Tax them.\xa0https://t.co/B7n8esbzPN
— Leo Varadkar (@LeoVaradkar) October 11, 2020
MNCs have been a bright spot in a faltering domestic economy during Covid lockdowns. Theyâve provided a much-needed, reliable source of inflows as other streams have dried up.
However, weâre not 12 years old, so letâs have a deeper dive, as this is not showing the full picture.
Leo and his ilk will try to lightswitch-brain you into thinking that raising taxes on MNCs will drive them away. You should be grateful!
In reality, largest threat is from US and EU tax reform. Take Bidenâs tax reform proposals, which targets US MNC offshoring/âGILTIâ profits
GILTI, or Global Intangible Low-Taxed Income utilities âBase Erosionâ or âBEPSâ to lower the taxable profit in the United States by shifting ownership of US IP into Irish tax jurisdictions.
I would wager targeting these techniques is popular on both sides of the isle in America.
This represents a significant geo-political and economic risk for Ireland. At any moment, any change, whether intentional or accidental can change the incentive structures for US MNCs, resulting in these companies pulling billions of IP from Ireland over night.
But here are some issues that deserve to be better discussed by all:
WTO backed by Western countries have always wanted to dismantle support systems for farmers in developing countries including India while pumping in federal payments to its farmers. Trump gave 46 billion dollars in 2020 alone to US farmers. pic.twitter.com/0V34ZQQq4J
— Ranveer Singh (@ranveersiiingh) February 4, 2021
1. People who say we are emulating the Western model of agriculture are way off with this assumption. The process of primitive accumulation, the alienation of their people from their land and the way these 'first-world' countries have pushed their people into Industrial sector +
+ was a merciless phase.
But the same assumption won't work for India, because we have always had a large workforce in agriculture, agri subsidies have always run high, protection has been the hallmark of agriculture and rural representation in the parliament has always been+
+ high. Still, it is our utter failure from the beginning that we have not been able to incentivize the movement of our people to other lucrative sectors.
2. This brings us to the another point of providing MSP on all the commodities and the demand side of the issue that we+
+ conveniently ignore. Here's the thing, Food prices in India have about 65-70% weight in calculating the Consumer Price Index and 25-30% of wholesale price index. These indices affect the general price level in the economy i.e. the inflation. If MSP is offered on all the+