1. Georgia : China
"China is a TOP source for imports and our 3rd largest exports market. We welcome thousands of Chinese visitors each year to the Peach State..."
- Governor Brian Kemp
More from Blue Canaries
Connecting the Dots
On Dec 15, I created a thread which showed that the City of Austin did in fact have a contract w Solarwinds which was procured through Insight Public Sector. SolarWinds hack linked toRussian group — APT29 aka Cozy
1. CITY of AUSTIN :
— Blue Canaries (@CanariesBlue) December 15, 2020
You've been HACKED!
In Apr. 2019, the Austin City Council approved a contract w Insight Public Sector., a procurement company, in order to indirectly hire SolarWinds. pic.twitter.com/2v9cGgkr0F
More from Economy
For 400 years inflation has NOT been in a "mountain range" of up and down, but rather stair-stepped in giant increases, always associated with major transformations in economic arrangements.
The only way that debt comes down is if rest of world flips to trade deficit status w/US (I.e., trades accumulates $USD from prior trade surpluses w/US for actual goods & services). Not likely anytime soon. $USD as global reserve currency requires massive public debt.
— David "Most Vicious Dogs & Ominous Weapons" Herr (@davidcherr) January 15, 2021
[THREAD] 1/10
I know people think this is fun but -- why do we have a stock market? So productive firms can raise capital to do useful things. Detaching stock price from fundamental value (Gamestop is now worth almost as much as Best Buy) makes the markets serve the real economy worse.
— Josh Barro (@jbarro) January 27, 2021
What is profit? It's excess labor.
You and your coworkers make a chair. Your boss sells that chair for more than he pays for the production of that chair and pockets the extra money.
So he pays you less than what he should and calls the unpaid labor he took "profit." 2/10
Well, the stock market adds a layer to that.
So now, when you work, it isn't just your boss that is siphoning off your excess labor but it is also all the shareholders.
There's a whole class of people who now rely on you to produce those chairs without fair compensation. 3/10
And in order to support these people, you and your coworkers need to up your productivity. More hours etc.
But Wall Street demands endless growth in order to keep the game going, so that's not enough.
So as your productivity increases, your relative wages suffer. 4/10
Not because the goods don't have value or because your labor is worth less. Often it's actually worth more because you've had to become incredibly productive in order to keep your job.
No, your wages suffer because there are so many people who need to profit from your work. 5/10