BC ECONOMY

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$Linda\U0001f3f4\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f \U0001f499#Notmybrexshit #ProEU \U0001f1ea\U0001f1fa$

Linda🏴󠁧󠁢󠁷󠁬󠁳󠁿 💙#Notmybrexshit #ProEU 🇪🇺
@lindaarella 4 years, 5 months ago 683 views

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"Hello, IT? My economy has stopped working."

"Have you tried -"

"Yes."

"Okay. Check settings. What does it say under software?"

"Compatible with EU membership."

"Do you have that?"

"I just uninstalled it."

"Er - Why?"

"Honestly, I can't remember. Something about fish?"

"Is your fish industry running okay?"

"No, actually that was the first app to crash."

"You see, that one really needs the EU platform installed."

"Really? But my mate told me fishing would run better without it."

"He sounds confused. Can you reinstall your EU app?"

"What about this app my mate gave me instead? It's called Sovereignty 45."

"Mate, don't touch that. It's malware. It'll reduce your economy down to the levels of 1945."

"But those were the glory years! Weren't they?"

"Mate, when were you born?"

"1960. Why?”

“You have also installed the Hostile Environment firewall which is limiting the capacity of other systems”

"But my mate said those things stop viruses."

"Is your mate's name Nigel by any chance?"

"Yes! How did you -"

"Another wild stab. Those aren't viruses, they are EU workers, and they are vital to the smooth running of your systems."

"But I clicked on a pop-up that said it would get rid of them all for me."

"Yes, I'm beginning to deduce your modus operandi. Well, at least you've called me now. You'll just have to run your economy at half-power until I get your new membership installed."

"And do you have strange marks on your fingernails, indicating vitamin deficiency? "

"I do! How did you know?"

"An inspired guess. Listen - don't touch anything. Restart your economy in safe mode, restoring Single Market and Customs Union. That should sort it for now."

As much as I'd love to take credit for this, it was passed on to me and a few others to share from Facebook.

Ok, the original author of this BRILLIANT tweet is @WeNeedEU.
Thank you for brightening so many people's day 👏👏👏

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Richard Murphy
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As some will have noted, there were a lot of reports yesterday on the fact that £50 billion of banks notes are missing in the UK economy. This got me thinking. And as a result I have to suggest that finding that £50 billion of cash would not be hard. Here’s how to do it.

As the Public Accounts Committee of the House of Commons has noted, around £50 billion of banknotes in issue have no explained use. In other words, they do not appear to be used for regular cash transactions. What their alternative use might be is not known.

Some could be in the possession of tourists, who have not bothered to exchange them on leaving the country. But the amounts involved would be small.

A bigger sum might be cash savings under the proverbial mattress. This is entirely plausible. It is possible that some of this will be related to benefit fraud: the amount of savings a person has can have a significant impact on their ability to claim a number of benefits.

There is no doubt that a significant part of this money Is used within the shadow economy. That can cover activity where tax is evaded, of course. But it also includes drug dealing and many forms of human trafficking and abuse.

XVIII Airborne Corps
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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).

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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.

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Eric Basmajian
@EPBResearch

Diminishing Marginal Returns

The productivity of our debt is collapsing and that is creating a major problem.

The problem is here now, and not in the future.

Here is why:

1)

Charted below is the increase in total debt and the increase in nominal GDP in the 8 quarters before each of the last six recessions.

In other words, how much did debt increase, and how much did GDP increase in the final two years of each economic expansion?

2)

As the chart shows, it is taking a larger amount of debt to increase GDP.

3)

Graphed another way, leading up to the 1980 recession it took about 1.94 dollars of debt to boost GDP by 1 dollar.

Leading up to the COVID recession saw debt increase nearly 6 dollars for each 1 dollar of GDP growth.

4)

Flipping the ratio shows the decline in the utility of debt.

We are only generating about 15-20 cents of growth for each dollar of debt.

This becomes a larger problem when we think about "growth rates" instead of nominal dollars.

5)

Ndegwa Power
@ndegwapower

Thread: Why Kenya and other countries are introducing Digital Taxes? Why now?

Now,the current tax laws & international tax framework (which dates back to the 1920s) was designed at a time when businesses were largely brick-and-mortar (physical stores).Then, it was unimagineable for a biz to operate in another country without some form of physical presence

Thus, in most countries, for a business to be pay corporate tax it has to have some form of nexus there (e.g. Kenya). Either it's registered here, or it's managed from here or it has what we call a permanent establishment (also implies some form of physical presence)

Fast forward to today, there are numerous companies that are able to operate in multiple countries without having any physical presence in those countries. Consider social media platforms or streaming services, with a device, connection & subscription you can access their service

...and they don't have to have any physical office or employees etc in Kenya for them to deliver the service to you. I mentioned above that to be subject to corporate tax here, a company would have to have some form of nexus here in Kenya, these companies, don't.

$Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c$

Rachel "The Doc" Bitec...
@RachelBitecofer

1. Been excited about @JoeNBC's sustained convo today about @KBAndersen's new book Evil Geniuses: The Unmaking of America which explains how the Republican Party radicalized OVER ECONOMICS over the past 30 years. It was launched w the radical tax cuts in Reagan's presidency, but

2. as the GOP evolved through the 90s & 2000s they became dogmatic about their economic philosophy- until it became a radical litmus test/position the party followed even when conditions screamed for different policy. It was a MIRACLE the party acted to stabilize the economy at

3. at the end of 2008 when it was crashing down around us (though they just barely did & some didn't and that's bc it was before the Great Purges of 2010,2012, & 2014). America doesn't know the hit job the GOP did on the American economy as they dogmatically pursued tax cuts to

4. the exclusion of everything else while denying any policy that could grow wages or improve the economic lives of the bottom 80% aside from the 2 or 3 times Ds managed to squeeze through policy while in charge (minimum wage increase in 2007-which was the 1st time in a decade

5. and now, of course, its been another decade. It's actually a miracle wages (all wages bc when the min wage is artificially low it affects all the wages above it, that's how you end up w $10 per hr EMTs & teachers) aren't even more out of wack w inflation. As @JoeNBC points out

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Alathiyur Hanuman Temple
Malappuram, Kerala 🚩
#keralatemples

One of the Powerful Anjaneya Temples in Kerala. Hanuman temple is adjacent to Shri Ramar Sannidhi. Here Hanuman's head is tilted towards the left to hear Shri Rama's words. Shri Rama is entrusting Hanuman👇

Task of locating Mata Sita in Lanka.

Prathishta of Hanuman is done by Sage Vasishta. Eventhough this is Shri Ram Temple, importance is given to Hanuman
Shri Rama shares with Hanuman the Abhignana Vaakhyam, the words that would enable him to gain the confidence of Mata Seetha.

Hanuman stands leaning a little towards the left, showing how he hear Shri Rama's words and also assuring him Your Wish is my Command.
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Alathiyur Hanumane
Pedi Swampnam kanarudhe
Pedi Swapnam Kandalo
Val Kondu Thattiyunarthename
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Ok, here is a thread for you.
What happens when you have:
Netflix
Apple
Amazon
WarnerMedia +
Disney+
SonyCrackle (Reboot)
Verizon All Access (after they buy CBS/Viacom)
UniversalSkyMedia
By 2021
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Bandwidth.

Netflix's gets 35% of all internet traffic.
Now we all know Apple Coming to Netflix Corner.
We know that WarnerMedia Planning One
We Know about Disney+
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But Novid, the speed, the 4K the all everything?
NOOOOO BUDDY.
Even if you could do it and even if AWS ran six million clouds, The Net Will still slow to a crawl. 35%, goes to nearly 90% if any of the 8 or all of the 8 eat at netflix's numbers.

Oh, they wouldn't be running at once.
FOOL. You forget how bad things were when game of thrones season premieres came around. HBO SERVERS FALL DOWN GO BOOM!

Now see if a season like 2021 come around and they air shows on a same day. It gets crazy. AT&T and others gonna realize they cant build out forever. Something will give and it might be your entertainment consumption big time.

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Ethan 👨‍🎤...
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In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

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In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

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As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.

The cost of this labor was significant. As one expert at the time explained:

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Dick is an orphan in the traditional sense: dead parents. Batman sees it happen. Jason, less so: missing dad, known mom who eventually dies. Tim, even less so: parents are around a while, and involved, before both dying. Carrie, even less than that: negligent parents.

Steph: evil father, who openly works against her. And then there's Damian, whose parents are both alive and yet both have identities that totally obliterate their role as his parents. He doesn't relate to them as a mother and father; he can't, and neither can they.

In all these different cases, Batman tries all these different ways of making orphanness for them not what it was for him: Either by trying to teach them the (arguably poor) coping skills early that he learned over a very long time, or by literally legally adopting them, etc.