1/ In @RayDalio's perspective, we are at the very late stages of the long term debt cycle. These long term debt cycles typically take 50-75 years to play out. This cycle began in 1945 when World War II ended and we began the US dollar-dominated world order.

2/ In the words of @RayDalio, "Right now, the world’s major central banks have the least fuel in their tanks since the late 1930s so are now in the later stages of the long-term debt cycle. Because they come along about once in a lifetime most people aren’t aware of them."
3/ Central banks have spent the last decade in a race to see who could devalue their currency the fastest. Near 0% interest rates have meant increased printing of the dollar, euro, and yen. Central banks no longer have the ability to tighten credit so they print money.
4/ Being towards the later stages of the long-term debt cycle there is a global sovereign debt bubble similar to what we saw in the 20's & 30's. In 2019, global debt-to-gdp hit 322% with total debt reaching a new all-time high of $253 Trillion.
5/ The wealth gap has also expanded to levels last seen in the 30's. Historically, inequality and large wealth gaps have eventually led to dire consequences. Periods of conflict and social unrest often marked by taxes, revolutions, or wars.
6/ As unrest spreads, the corporate media will find ways to get Americans to point the finger at one another. To divide us by race, religion, politics, class, etc. But it's important to remember that a broad systemic debt cycle lies beneath the surface of this social unrest.
7/ The years of anger & social unrest have only made their way onto the streets after decades of the bottom 300,000,000 Americans losing their wealth to the top 330,000 Americans. And after decades of CEO pay skyrocketing as fast as the homeless populations rose in LA & NY.
8/ In a capitalist society, this unrest manifest in mistrust of institutions which no longer serve the "common people"; government, media, banks, etc. The "common people" vote against the "elite establishment" thus you get the rise of Brexit & President @realDonaldTrump.
9/ Covid-19 stomped on the gas pedal of all of these systemic problems. The fed printed more money in three months ($4.3 Trillion) of covid-19 than it did in the seven years following the 2008 financial crisis. The wealthiest got even wealthier while the poorest got even poorer.
10/ The corporate media will turn us against one another while using the virus as a scapegoat. Remember, the virus did not make the debt bubble & we did not create social unrest. Nonetheless, as Americans, we are all in this same boat facing the end of this long-term debt cycle.

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*The Election Map*

There is overwhelming evidence of election fraud in all contested states. Therefore it is the duty of the Executive, Legislative, & Judicial branches to throw out the fraudulent votes & to honor their oath to protect & defend the Constitution of the USA.🇺🇸🦅


https://t.co/XP9LQuEPtY


https://t.co/LMeZ6uOfzW

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True that all the people cherishing the support of IMF or WTO for farm reforms need to cool it down a bit, because that is a model we do not want to emulate to the t in India here.

But here are some issues that deserve to be better discussed by all:


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+

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“We don’t negotiate salaries” is a negotiation tactic.

Always. No, your company is not an exception.

A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.

Listen to Aditya


And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.

I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.

You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.

Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]