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More from Economy

Patrick Chovanec
Patrick Chovanec
@prchovanec
Inflation is always and everywhere a monetary phenomenon RELATIVE to real economic activity. This last part is key.

Also, measuring “the money supply” is a tricky thing, because it lives and breathes with the economy.
ECONOMY
Cancel the Dementiacrats - Stu Cvrk
Cancel the Dementiacra...
@STUinSD
Thread – Why the Latest Pelosi-backed $2T Stimulus Bill Went Nowhere

1. The Dementiacrats have been holding more virus relief hostage in order to force Republicans to cave and vote for another $2T Dementiacrat porkulus bill instead.

2. Senate Dementiacrats have voted against the Republican’s $500B relief bill targeted at REAL PEOPLE (small business and the jobless) multiple times.

3. A $2T virus relief bill was ramrodded through by House Democrats in March through July when it was signed into law by the President. It contained junk that had nothing to do with virus relief but was the price that Republicans had to pay to get relief to suffering Americans.

4. Dementiacrat bill that San Fran Nan wants to push down our throats now contains $2T more of this crap, as well as relief directly targeted at Blue states to cover pension shortfalls and other past Dementiacrat mismanagement.

5. It’s no wonder why Republicans are telling her to “piss off” on the latest $2T porkulus bill.
ECONOMY
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Dollar Cost Average
Dollar Cost Average
@DollarCostAvg
Thread: Introducing $JAX.v $JXMNF Jaxon Mining, who’s 100% owned 466 square km Hazelton property in the Skeena Arch will prove that this mineral-rich region rivals that of the Golden Triangle. Recent chip samples in multiple surface grabs show grades of up to 5300 g/t Ag


Amongst other achievements and experience, CEO John King Burns was the former founder and chairman of Northern Orion, which was then acquired by Yamana in a $1 billion transaction, so he knows how to hold on when you have something good. Was also former chairman of Dolly Varden

The Hazelton property hosts 4 main areas of interest: Netalzul (where most of the high grade silver has been recently identified), Red Springs, Blunt Mountain, and Max. Drilling had been originally planned for Red Springs, but I believe efforts have been diverted to Netalzul


Property is close proximity to all facilities and services: highway, railway, power, and mining services.


This is the first systematic exploration of the highly mineralized property. Sporadic historical artisanal workings from the early 1900’s are scattered around the property. There’s silver where there was silver, and in these cases, only the surface has been scratched (literally)
ECONOMY
Nick Huber
Nick Huber
@sweatystartup
On Sep 3rd 2020 we closed on a 120k sf glove factory built in 1890 in a small NY town.

Has 45k sf of self storage inside and had $14k a month of net operating income at closing.

Let's breakdown this deal.

A THREAD on creating $2 million out of thin air in 18 months...

👇👇


First saw the property on Loopnet in mid 2018. I ignored it. Who wants to try to operate a business in an old factory in a dying NY town.

A few months later I reached out. Broker sent me financials. They were good. $24k a month in revenue and $10k in expenses.


So I visited the property. It was old. Needed a new roof. Full time manager. Only accessible to customers 9am-5pm M-S. No autopay. A lot of folks paying 1/2 market rent.

I loved everything about it.

But I knew they were going to have trouble selling this thing no matter the profitability, so on July 1 2018 I made a low offer. $750k + seller pays for new $250k roof + $20k in environmental work.

Countered at asking price + $100k credit towards roof.

I ignored the response.

Broker called me back mid September of 2018. Make another offer, he urged.

I knew it was a good biz so I got more aggressive - $1MM + seller pays for roof / environmental.

Declined. Countered with $1.2MM but they'd give me a new roof and do the environmental.
ECONOMY
Paul Goldsmith-Pinkham
Paul Goldsmith-Pinkham
@paulgp
My friend @itsafronomics wanted to know the breakdown of student debt by income, so I pulled data from the SCF.

Student debt is more concentrated amongst high earners, but disproportionately amongst Black borrowers. The plot below plots the average within Income Quartiles.
1/n


But those are the averages. What's the share that's above 10k? (This is the Biden current cutoff for debt forgiveness, so a useful benchmark).

For comparison, 20% of white Americans have student debt, and 31% of Black Americans.


Let's contrast that with say, above 20k. I was surprised at how high the share remains.


When we get to 50k of student debt, or more, we see it's only about 5% of the US, and around 8% of Black Americans. Strikingly, it's a huge share of high income Black Americans (this is a known fact in the education literature, I believe).


So what does this look like put together? Overall, we see a higher share of Americans with debt above 10k, and 20k. We would cover a decent amount with 10k, but miss Black Americans especially.
ECONOMY

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Professor
Professor
@DillikiBiili
Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.

There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts.
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sriram
sriram
@SriramKannan77
12 Azhwars (Alwars)

The 12 Azhwars, (the Main composers of Naalayira Divya Prabandam - 4000 poetic Rhymes) are known as Nityasuris or Divyasuris; those who reside permanently with the Lord in His Heavenly abode.


They have incarnated as Azhwars -Vasihnavite Saints - to propagate Bhakthi Marga, devotion to Lord Vishnu.

Alwars have dedicated their lives towards Lord Sriman Narayana and they led their life by praising Him.

These Alwars were born in various parts of our country but they were all united in a common subject, ie dedicating their lives and praising the Lord.

Poigai Alwar, Bhoodath Alwar and Pei Alwar are collectively called as "Mudhal Alwars" were found in the same period of time.

Thirumazhisai Alwar, who thought the Perumal as his friend and has sung Mangalasasanam on Perumal.

Thirumangai Alwar was a great king and later, changed his life to work for the Perumal and for his bhaktaas.

Thondaradippodi Alwar, who is also named as "Vipra Narayanar" led his life as the servant to the God and did service to Him by offering beautiful Garlands.
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Anshul Pandey
Anshul Pandey
@Anshulspiritual
LING PURANA: IMPORTANCE AND CHARACTERISTICS

Reading Ling Purana provides bhog and moksha to the reader and listeners. It is about Shiva's sermon to Brahma when Shiva entered the Agni Ling and preached about Dharma sidhhi through the stories of Agni Kalp.


Vyasji divided this into two parts. This book is different from others and has eleven thousand shlokas which depict the glory of Shiva. This Puran is the summary about importance of Tridev.
It starts first with a questions. Then it describes the Shrishti in brief.

Then there is description of Yog and Kalp. Next is the evolution of Ling and its puja Vidhi. It consists of dialogue between Sanat Kumar and Shail etc. It also mentions the character of Dadhichi, the dharma representation of that yug, Bhuvan kosh description,

Chandravansh and Surya vansh. Next there is elaborate description of Shrishti, story of Tripur, Ling and Pashu Paash vimoksha, Vrats for Shiva, Discipline, Repentance, Arisht, description of Shri Shail. Next is the story of Andhakasur, Varah, Narsingh,

k¡lling of Jalandhar, Shiv sahastra naam, story of Daksha's yagya and its destruction, killing of Madan and marriage of Parvati.

Next is Vinayak katha, Shiv tandav, Ambrish katha and Upmanyu .
RELIGION
EverythingOppresses
EverythingOppresses
@SoOppressed
The first area to focus on is diversity. This has become a dogma in the tech world, and despite the fact that tech is one of the most meritocratic industries in the world, there are constant efforts to promote diversity at the expense of fairness, merit and competency. Examples:

USC's Interactive Media & Games Division cancels all-star panel that included top-tier game developers who were invited to share their experiences with students. Why? Because there were no women on the

ElectronConf is a conf which chooses presenters based on blind auditions; the identity, gender, and race of the speaker is not known to the selection team. The results of that merit-based approach was an all-male panel. So they cancelled the conference.

Apple's head of diversity (a black woman) got in trouble for promoting a vision of diversity that is at odds with contemporary progressive dogma. (She left the company shortly after this

Also in the name of diversity, there is unabashed discrimination against men (especially white men) in tech, in both hiring policies and in other arenas. One such example is this, a developer workshop that specifically excluded men: https://t.co/N0SkH4hR35
TECH
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Do you know?

Multiverse is mentioned in several of Hindu Scriptures.

In 1927 came a theory named 'Big Bang' which was a scientific effort to provide some explanation about how our Universe came into existence. It suggested that Universe started as a tiny, hot and dense...


...something that expanded rapidly from the singularity with a big explosion or Big Bang from which formed the galaxies, stars and the rest of the Universe.
However, the science in our Vedas explained these concepts since millennia. Rig Veda mentions Hiranyagarbha and Brahmanda..

...Visphotak which talks about a similar theory.
The concept of Parallel universes may be novel to the modern scientists but it rests very comfortably in ancient Hindu Cosmology. The Puranas are replete with descriptions of many worlds whose inhabitants are ruled by kings in...


...the human plane and Gods in a higher plane. The many Gods in turn belong to many different worlds and planes of existence. At the highest level of hierarchy are the trinity namely Brahma, Vishnu and Mahesha, ruling the divine Kingdoms. Brahma is the creator who dreams...


...the Universe into being, which is maintained by Vishnu. What Humans perceive as reality is in fact the dream of Brahma, misled by matter. Brahman( not to be confused with Brahma) is the ground of all reality & existence. Brahman is uncreated,external, infinite & all-embracing.
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