Say, Raju is a businessman. Now, like every businessman, Raju is ambitious and curious to know his profit. Hence, he keeps his accounts to calculate his profit.
A super simple thread to help everyone understand the concept of 'Fiscal Deficit' and what happens when government spends more than its receipts. 👇🧵
#fiscaldeficit #economics #financialliteracy
Say, Raju is a businessman. Now, like every businessman, Raju is ambitious and curious to know his profit. Hence, he keeps his accounts to calculate his profit.
👉The Government Receipt (excluding borrowings) > The Government Expenditure, then the difference is called as ‘Fiscal Surplus’.
👉The Government Receipts (excluding borrowings) < The Government Expenditure, then the difference is called as ‘Fiscal Deficit’.
Many people see this in a bad light. But, it is not as bad as it looks. Why so? Lets find out!
![](https://pbs.twimg.com/media/EqkSjMsVgAAQ2gt.png)
More credit would mean businesses would invest more money and there will be increase in employment, output and income.
https://t.co/hf9ucOopdY
A super simple thread to help everyone understand Gross Domestic Product (GDP), Real GDP and Nominal GDP.
— swapnilkabra (@caswapnilkabra) December 25, 2020
Do Bookmark for further use. \U0001f9f5\U0001f447#GDP #Economy #financialliteracy
Let us spread financial literacy!
More from swapnilkabra
More from Government
Long thread: Because I couldn’t find anything comprehensive, I’m just going to post everything I’ve seen in the news/Twitter about Trump’s activities related to the Jan 6th insurrection. I think the timing & context of his actions/inactions will matter a lot for a senate trial.
12/12: The earlier DC protest over the electoral college vote during clearly inspired Jan 6th. On Dec 12th, he tweeted: “Wow! Thousands of people forming in Washington (D.C.) for Stop the Steal. Didn’t know about this, but I’ll be seeing them! #MAGA.”
12/19: Trump announces the Jan. 6th event by tweeting, “Big protest in D.C. on January 6th. Be there, will be wild!” Immediately, insurrectionists begin to discuss the “Wild Protest.” Just 2 days later, this UK political analyst predicts the violence
12/26-27: Trump announces his participation on Twitter. On Dec. 29, the FBI sends out a nationwide bulletin warning legislatures about attacks https://t.co/Lgl4yk5aO1
1/1: Trump tweets the time of his protest. Then he retweets “The calvary is coming” on Jan. 6!” Sounds like a war? About this time, the FBI begins visiting right wing extremists to tell them not to go--does the FBI tell the president? https://t.co/3OxnB2AHdr
12/12: The earlier DC protest over the electoral college vote during clearly inspired Jan 6th. On Dec 12th, he tweeted: “Wow! Thousands of people forming in Washington (D.C.) for Stop the Steal. Didn’t know about this, but I’ll be seeing them! #MAGA.”
Jumping in for @DCist/@wamu885 this evening. The scene rn coming up 17th Street from BLM Plaza. pic.twitter.com/Fn9aukjEPW
— Matt Blitz (@WhyBlitz) December 12, 2020
12/19: Trump announces the Jan. 6th event by tweeting, “Big protest in D.C. on January 6th. Be there, will be wild!” Immediately, insurrectionists begin to discuss the “Wild Protest.” Just 2 days later, this UK political analyst predicts the violence
On January 6, armed Trumpist militias will be rallying in DC, at Trump's orders. It's highly likely that they'll try to storm the Capitol after it certifies Joe Biden's win. I don't think this has sunk in yet.
— Arieh Kovler (@ariehkovler) December 21, 2020
12/26-27: Trump announces his participation on Twitter. On Dec. 29, the FBI sends out a nationwide bulletin warning legislatures about attacks https://t.co/Lgl4yk5aO1
![](https://pbs.twimg.com/media/EsGuc6HXIAAlKvo.jpg)
1/1: Trump tweets the time of his protest. Then he retweets “The calvary is coming” on Jan. 6!” Sounds like a war? About this time, the FBI begins visiting right wing extremists to tell them not to go--does the FBI tell the president? https://t.co/3OxnB2AHdr
![](https://pbs.twimg.com/media/EsGvBXuW8AIZIu7.jpg)
NEW: the Georgia House Special Committee on Election Integrity is meeting at 3 this afternoon and just added HB 531 - a 48 page omnibus elections bill that proposes a *lot* of changes. #gapol
Here's the text:
First, it would ban county elections offices from receiving outside funding to run elections.
This, after CTCL and Schwarzenegger gave money to both D and R counties in 2020 to help with pandemic.
(although I wonder if the county gov't could take the grant, then disburse?)
Next, it outlines ways that poll workers can serve adjacent counties (currently, you can only work in your county of residence)
This section mirrors an SOS-backed bill from 2020 that would require more machines, more poll workers or splitting up precincts if a 2,000+ person precinct has lines of more than an hour.
More on that proposal: https://t.co/7BfIcrI81q
This is an anti-Fulton County mobile voting bus section
(although I still believe that it's using the wrong code section since the busses are for *early* voting and fall under 21-2-382)
Here's the text:
First, it would ban county elections offices from receiving outside funding to run elections.
This, after CTCL and Schwarzenegger gave money to both D and R counties in 2020 to help with pandemic.
(although I wonder if the county gov't could take the grant, then disburse?)
![](https://pbs.twimg.com/media/Euh86QoXYAICe3U.png)
Next, it outlines ways that poll workers can serve adjacent counties (currently, you can only work in your county of residence)
![](https://pbs.twimg.com/media/Euh9iZPWYAEZFg7.png)
This section mirrors an SOS-backed bill from 2020 that would require more machines, more poll workers or splitting up precincts if a 2,000+ person precinct has lines of more than an hour.
More on that proposal: https://t.co/7BfIcrI81q
![](https://pbs.twimg.com/media/Euh96K3WYAE6OyG.png)
This is an anti-Fulton County mobile voting bus section
(although I still believe that it's using the wrong code section since the busses are for *early* voting and fall under 21-2-382)
![](https://pbs.twimg.com/media/Euh-vKMWQAQSF7z.png)
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1/ 👋 Excited to share what we’ve been building at https://t.co/GOQJ7LjQ2t + we are going to tweetstorm our progress every week!
Week 1 highlights: getting shortlisted for YC W2019🤞, acquiring a premium domain💰, meeting Substack's @hamishmckenzie and Stripe CEO @patrickc 🤩
2/ So what is Brew?
brew / bru : / to make (beer, coffee etc.) / verb: begin to develop 🌱
A place for you to enjoy premium content while supporting your favorite creators. Sort of like a ‘Consumer-facing Patreon’ cc @jackconte
(we’re still working on the pitch)
3/ So, why be so transparent? Two words: launch strategy.
jk 😅 a) I loooove doing something consistently for a long period of time b) limited downside and infinite upside (feedback, accountability, reach).
cc @altimor, @pmarca
4/ https://t.co/GOQJ7LjQ2t domain 🍻
It started with a cold email. Guess what? He was using BuyMeACoffee on his blog, and was excited to hear about what we're building next. Within 2w, we signed the deal at @Escrowcom's SF office. You’re a pleasure to work with @MichaelCyger!
5/ @ycombinator's invite for the in-person interview arrived that evening. Quite a day!
Thanks @patio11 for the thoughtful feedback on our YC application, and @gabhubert for your directions on positioning the product — set the tone for our pitch!
Week 1 highlights: getting shortlisted for YC W2019🤞, acquiring a premium domain💰, meeting Substack's @hamishmckenzie and Stripe CEO @patrickc 🤩
2/ So what is Brew?
brew / bru : / to make (beer, coffee etc.) / verb: begin to develop 🌱
A place for you to enjoy premium content while supporting your favorite creators. Sort of like a ‘Consumer-facing Patreon’ cc @jackconte
(we’re still working on the pitch)
3/ So, why be so transparent? Two words: launch strategy.
jk 😅 a) I loooove doing something consistently for a long period of time b) limited downside and infinite upside (feedback, accountability, reach).
cc @altimor, @pmarca
![](https://pbs.twimg.com/media/DrUtIBAVAAEEsRp.jpg)
4/ https://t.co/GOQJ7LjQ2t domain 🍻
It started with a cold email. Guess what? He was using BuyMeACoffee on his blog, and was excited to hear about what we're building next. Within 2w, we signed the deal at @Escrowcom's SF office. You’re a pleasure to work with @MichaelCyger!
5/ @ycombinator's invite for the in-person interview arrived that evening. Quite a day!
Thanks @patio11 for the thoughtful feedback on our YC application, and @gabhubert for your directions on positioning the product — set the tone for our pitch!
![](https://pbs.twimg.com/media/DrUt_HsU4AMcmkE.jpg)
THE MEANING, SIGNIFICANCE AND HISTORY OF SWASTIK
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
![](https://pbs.twimg.com/media/EwNMyF5UcAcppLL.jpg)
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
![](https://pbs.twimg.com/media/EwNM0YbVgAYzKMC.jpg)
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
![](https://pbs.twimg.com/media/EwNM1etUcA85lHL.jpg)
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
![](https://pbs.twimg.com/media/EwNM14EVkAAj5fd.jpg)
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
![](https://pbs.twimg.com/media/EwNM2maVcAM-YLN.jpg)