BC ECONOMY

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@FightinBluHen51 4 years, 7 months ago 392 views

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Yesterday, at the end of @dbongino's pod...he talked about creating a "parallel economy."

@dbongino I have a few questions for you pertaining to this. Specifically, what is the end game of a "parallel economy?"

Did we not have a parallel economy back in the 50s? An econ that was segregated for white people and "negros" (Historical context, NOT derogatory meaning).

So, I understand your idea about creating competition in the market place

Competing News Aggregators
Competing social media platforms
Video hosting platforms
PAYMENT processing platforms

Competing scholarly journals
1000s of competing news outlets...

But a parallel econ?

A parallel econ in it's entity will continue the wedge in the country which, historically, is exactly the discourse and demoralization that the left/communists THRIVE IN!

You're advocating for a systemic chaos system of constant conflict...hear me out.

Will this "parallel econ" create a "parallel country?" What geographic territory will this "parallel economy" hold?

By creating a parallel economy, you're creating a parallel country that is running in two separate, but diametrically opposed directions.

What is your endgame?

More from Economy

XVIII Airborne Corps
@18airbornecorps

Yesterday we announced the launch of The Doomsday Clock, an original 18th Airborne Corps podcast series telling the incredible story of the Corps' Cold War history.

Today we're going to tell you more about some of the guests who will appear on the program.

[1 of 10]

[2 of 10]

Of course, we'll have John Lewis Gaddis, the dean of Cold War historians about the start and end of American confrontation with the Soviets (Episode 16: April 27).

[3 of 10]

We'll also have the great H.W. Brands to talk about the Korean War and the stare down between Truman and MacArthur (Episode 7: February 23).

[4 of 10]

Podcast king Dan Carlin joins us for a deep, dark journey into the philosophy of the Soviet Union (Episode 9: March 9).

[5 of 10]

You know Sir Max Hastings as the great historian, but long before that he was a war reporter. That's him on the right in Vietnam in 1968.

He joins us to talk about American escalation in the Vietnam War (Episode 10: March 16).

Katya
@ThatKatyaGirl

I have read through the grooming report from the Home Office.

Here, in this thread, I will take you through the mathematical hoops they have jumped through in this deeply flawed analysis.

Thread 👇

It is, quite literally, a whitewash. It uses all the standard statistical tricks to avoid concluding a stark and glaring conclusion, which is otherwise plain to see. That there was a sustained, targeted and focussed attack by Pakistani men on white working class and Sikh girls.

**Choose limited data points**

One way to force a conclusion is to only range over a small and carefully chosen set of data points. In this case, the report used a limited number of use cases which largely ignored the high profile grooming gangs of Pakistani origin.

Only Rotherham was considered in earnest, as it could hardly be ignored as the start of it all.

A typical data trick is to only use one troublesome dataset - generally the most high profile one. This gives plausible denial on accusations of manipulation of source data.

_This is what we call “the domain trick”_

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Rohit Lamba
@rohlamba

0/ A holiday economic theory reading list. Some of my favorite pieces on theory that can be read with minimal sweat, but with the maximal intellectual reward. In no particular order:

1/ Myerson 1999. "Nash equilibrium & history of economic theory." JEL. Written with characteristic Myersonian elegance. "how a few short papers by a young mathematician achieved one of the great watershed breakthroughs in the history of social

2/ Blackwell & DeGroot 1986. “A conversation with David Blackwell.” Stat Science. After his PhD at 21, "There were 105 black colleges at that time & I wrote 105 letters of application." Beautiful discussion on a gamut of ideas & his intellectual life.

3/ Geanakoplos 1992. “Common Knowledge.” JEP. Zuper piece, lucidly written. Lots of interesting puzzles, great for teaching. When Moriarty says "All I have to say has already crossed your mind," Holmes retorts "then possibly my answer has crossed yours."

4/ Morris 1995. "The common prior assumption in economic theory.” E&P. This beauty was Stephen's first chap of PhD thesis! Does rationality imply CP? Does relaxing CP make theorizing uninteresting? Is failure of CP a failure of information processing?

$Timoth\xe9e Parrique$

Timothée Parrique
@timparrique

What a year: 203 essays about degrowth in English since the beginning of March. Here is a selection of some of my favourites. Thank you @fem_degrowth, @beth_stratford, @thedownshifters, @corbinkbarthold, @degrowth_info for these brilliant texts.

THREAD/

https://t.co/1lFaJM52RX

https://t.co/i5HOfZ19r7

https://t.co/DuPSrrqnzz

https://t.co/0ANveWdvFO

jerry
@ThinkingLSD

Let's discuss how little you actually understand about economics and energy.

The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.

Let's discuss the environmental cost of bitcoin. Because despite all the push for sustainable and green investment in the tech sector, there's a giant smoldering Chernobyl sitting at the heart of Silicon Valley which a lot of investors would prefer you remain quiet about. \U0001f9f5 (1/)
— Stephen Diehl (@smdiehl) January 17, 2021

In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:

Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.

You wouldn't argue that we are producing *too much* electricity from renewables, right?

"But what about the carbon footprint! ITS HUGE!"

Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?

Well that's exactly what some have done.

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Suhas S. Hardutt
@HarduttSuhas

THE BATTLE OF TALIKOTA and the destruction of Vijaynagar (Hampi)
26 January 1565

A tale of valor, deception and decimation.

A grim reminder that if we fail to protect our heritage, it will eventually crumble under the onslaught of "forces of anarchy".
(Elaborate thread)

This decisive battle was fought between the Vijayanagara empire and the Deccan sultanates resulting in a rout of Vijayanagara and ending the last major medieval era Hindu kingdom in south India.(1)

The seeds of 1565 encounter were sown more than 250 years earlier when the forces of the Delhi Sultanate, during the time of Alauddin Khilji and later Md Bin Tughlaq swept through southern India in an expansion spree.(2)

By middle of the 14th century, facing rebellions, Tughlaq withdrew to Delhi, leaving behind 2 empires, Bahmani, which ruled the Deccan from Kalaburagi, and Vijayanagara, which ruled most south India with its capital at Vijayanagar.(3)

The Raichur Doab, between the Krishna and Tungabhadra rivers, existed as a natural boundary between these two kingdoms, with wars often breaking out over control of this territory.(4)

Anshul Pandey
@Anshulspiritual

Rig Ved 1.36.7

To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.

1/9

Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.

2/9

We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.

3/9

तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥

Translation :

नमस्विनः - To bow.

स्वराजम् - Self illuminating.

तम् - His.

घ ईम् - Yours.

इत्था - This way.

उप - Upaasana.

आसते - To do.

स्त्रिधः - For enemies.

4/9

अति तितिर्वांसः - To defeat fast.

मनुषः - Yajman.

होत्राभिः - In seven numbers.

अग्निम् - Agnidev.

समिन्धते - Illuminated on all sides.

Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.

5/9

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Vibhu Vashisth
@VIBHU_Tweet

THE LESSER KNOWN MAHARANA OF MEWAR:RANA KUMBHA
Kumbalgarh Fort is one of most spectacular sites of India,atop a hill abt 3600ft above sea lvl in the https://t.co/LkjmzzBhE2's second largest wall is surrounding it.A fort wall second only to Great wall of China,still not so famous.

This longest wall of India stretches to almost 36Km and encompasses a few hills, many step wells and over 360 temples and palaces. Birth place of the Great Maharana Pratap, this fort is named after another Great Maharana of Mewar, who is not given his due in the History.

Builder of many architectural marvels like the Kumbhalgarh Fort, an erudite scholar, a patron of arts, music, culture & a great warrior was the Great Maharana Kumbha. Yet we don't know much about him. Let's get to know him a little.

Maharana Kumbha was the undefeated King of Mewar from 1433-1468CE.He never lost any battles &kept Mewar out of the reach of Islamic Invaders till the time he was alive. Born on Makar Sakranti to Maharana Mokal & Saubhagya Devi, Rana Kumbha was only 13 when he ascended the throne.

His father was killed by his own relatives in a political conspiracy. He was a powerful King about 8ft tall &charismatic personality,a hardcore Hindu Rajput who could shed his life for Hindu honour without thinking twice.He was an ardent skillful warrior who never lost a battle.

Engineer Who
@Engr_Who

A long but must read thread. Udaybhan Rathore and myth making in Maratha history: An analysis. This is the thread on Udaybhan Rathore, who he was and how over the time period, his life was portrayed in maratha chronicles and pseudo history. (1/n)

Udaybhan rathore was the head of Bhinai thikana (84 villages) in Ajmer. He was the direct descendant of the famous Rao Chandrasen, Raja of Marwar (4th generation) who resisted Akbar all his life and never made any alliance with mughals like Maharana Pratap. (2/n)

Later in 1783, Maharaja of Jodhpur gave title of Raja to Bhinai family for their military service. Bhinai family and their direct descendant Raja Sh Mayuraj Singh still lives in Ajmer. Anyway coming to Udaybhan Rathore and story of Tanaji. (3/n)

Jai Singh's march on Shivaji and treaty of Purandar (1665) is a well known episode to repeat here. After getting the hill forts from Shivaji under the treaty, Jai Singh didn't have enough man-power to man every one of the small forts because of his next (4/n)

campaign against Bijapur. Jai Singh personally took over a couple of important forts like Kondhana (Sinhgarh), Purandar etc. Others were given to some mughals or their fortification walls destroyed. Jai Singh died in 1667 near Burhanpur while enroute to the north. (5/n)

Meet Shah
@ms89_meet

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NRB Bearings >70% market share in needle roller bearings.

Pidilite >65% market share in adhesives.

CAMS >65% market share in RTA within mutual fund industry.

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Exide >60% market share in lead batteries.

Naukri >60% market share in the Indian job market space.

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Indiamart Intermesh >55% market share in the online B2B Classified space.

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Delta corp >50% in online poker games.

Vinati Organics >50% market share in IBB.