BC HISTORY
Saved by @Alex1Powell

100 years ago, Argentina was one of the richest, most successful countries in the world. Even as recently as the early 1960s, its GDP per capita was higher than that of Japan, Italy, Spain or Austria.

What went wrong? Never-ending shambolic governance, never in the common good.

 Argentina has scarcely had a decent government in a century. Its political system is a disaster. Its economy is a disaster. The right fails, the left fails, and Peronism - which stands for nothing, believes in nothing, but just drapes itself in emotion and the flag - rules.
It is the only economy I can think of which travelled from the Third World to the First World, then all the way back to the Third World again. There are four different kinds of economies:

- Developed
- Underdeveloped
- Japan
- Argentina
But this isn't a thread about Argentina. It's a thread about Britain: a country with which Argentina has this fascinating love/hate relationship. Conflict over the Falklands/Malvinas and football; but British culture is hugely influential among young, well-educated Argentinians.
And you see: I think the two countries have more and more in common. And not in a good way either.

I left the UK in 2012. When a Uruguayan here asked me why, I answered: "Because we're turning into Argentina".

What did I mean by that?
1. Economic illiteracy. Austerity isn't just immoral; IT DOESN'T WORK.

2. Corporatism everywhere.

3. Nationalism. I left 4 years before Brexit won - but the referendum outcome (and especially how it was conducted) did not surprise me at all.

4. Failing institutions
5. Shocking, miserably incompetent and malignant governance.

When did Britain last have a good government? I view Blair's as a decent one overall (not many do though!) Before that, heaven only knows. Wilson's? It included a devaluation, lest we forget. Macmillan's?
But the difference now is that Britain has gone from generally bad governance to utterly wicked governance. The Tories gaslight the public - and just as Cristina cynically distracted her people by pointing to the Malvinas, Boris does the exact same with the EU.
Both Peronism and Brexit play on the same thing: emotion. There's no reason involved at all. It's just tub-thumping jingoistic nonsense combined with blaming everyone under the sun.

Argentina has a disastrous modern history of protectionism. Will Britain do the same?
Argentina has an equally disastrous recent history of turning itself into an international pariah by failing to uphold its obligations.

Will Britain, seeking to break international law, do the same?
Argentina's modern history is of lies, more lies and constant corruption. Well - anyone who's paid any attention to Britain over the last decade should appreciate that their corruption has nothing on ours. And our so-called leaders lie about everything every bloody day.
Gabriel Garcia Marquez was, of course, famous for writing about magic realism. MAGIC REALISM IS EXACTLY WHAT BREXIT IS BASED ON.

Pie in the sky. Unicorns. Bread and circuses. Half the country pitted against the other half. And we think we're still a First World nation? Really?
Both nations also have quite horrific tabloid media obsessed with celebrity and personalising everything - which refuses point blank to consider any detail, context or nuance about anything. So their publics just end up ever more ill-informed, ever more ignorant.
And in Britain's case, when Scotland becomes independent (which it inevitably will) and Ireland is united (which it inevitanbly will be), what becomes of England and Wales? An angry, reactionary rump full of xenophobes and gammon on the edge of Europe?

On the edge of the world.
Nothing that's happened in Britain over the last decade has surprised me. That's why I left in the first place. Britain is mired in a post-imperial nervous breakdown - but what many don't realise is that, like Argentina, it may never recover at all.
Every time people say "it can't get any worse than this", it does. It keeps doing so. Down, down, deeper and down.

On the other side of the Atlantic, its media and people woke up just in time. Ours are still fast asleep. Lemmings merrily toppling over the cliff to their doom.
cc @garvanwalshe
PS. The media parallel I mentioned above? Good luck to any Argentinian who wants to find out the reality in their country.

The leftist TV stations act like the President is Jesus Christ reincarnated. The rightist TV stations say they're living under a communist dictatorship.
"This is like North Korea! Quick everyone, leave while you still can!"

Anyone in the middle has nowhere to go, nowhere they can actually be informed.

Now flip it around because the right's in power (sic) in the UK. It's pretty close to the same thing there too.

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Today is the 130th anniversary of the #WoundedKneeMassacre. On December 29, 1890, the 7th Cavalry surrounded a peaceful encampment of Lakota with Hotchkiss guns and slaughtered ~300. They were mostly women and children.


Those killed at Wounded Knee were led by Mniconjou Chief Spotted Elk, who was ill. Many were followers of Hunkpapa Chief Sitting Bull who was assassinated 14 days prior. They were invited to seek refuge with Oglala Chief Red Cloud at Pine Ridge. They were hungry, tired & cold.

The soldiers weren’t satisfied with gunning down the encampment. They chased down those who escaped, including little children & their grandmothers, for miles. Some ran all the way back to the Cheyenne River Reservation, through the night in the freezing cold, with bullet wounds.

Charles Eastman, the 1st western educated Oceti Sakowin (Dakota Sioux) physician, was at Pine Ridge during the #WoundedKneeMassacre. It was right after Christmas. A banner hanging over the wounded said, ‘Peace on Earth.’ The horrors Dr. Eastman saw that day changed him forever.


Those massacred at Wounded Knee were callously thrown into a mass grave. Soldiers proudly posed for photos with their corpses. They were awarded Medals of Honor for their part in the slaughter. Those Medals have never been rescinded, despite public outcry.
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ThreadArchive33
ThreadArchive33
@ThreadArchive33
Made by NickHintonn 2 apr. 2018

Here’s a thread about The Black Tom explosion: a terrorist attack on American soil and major event in US history. However, no one has heard of it and I believe it’s proof that our timeline may be changing.


On July 30th, 1916, in Jersey City, German agents destroyed American ammunition supplies by setting them on fire. The incident is famous for causing damage to the Statue of Liberty.


The fires caused the ammunition supplies to explode, lodging fragments in buildings miles away including the Statue of Liberty and the clock tower of The Jersey Journal, stopping the clock at 2:12 am.


The explosion caused windows to shatter as far as 25 miles away, including thousands in lower Manhattan. Some window panes in Times Square were shattered. Even stained glass windows in St. Patrick's Church were destroyed.


The explosion was so strong is registered as a 5.5 earthquake on the Richter scale. It could be felt as far away as Philadelphia. The explosion cracked the outer wall of Jersey City's City Hall and the Brooklyn Bridge was shaken. People as far away as Maryland were woken up.
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Shalini Singh Sengar
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Post Independence, Army wanted to select the most experienced Indian commander as Army chief. But Nehru without consulting anyone appointed Gen Rob Lockhart, a senior British Army officer as the Commander-in-Chief (C-in-C) of the Indian Army.


Most people were shocked to know that Nehru selected a British Man after fighting for independence for over 200 years! Major Gen A A ‘Jick’ Rudra of the Indian Army was completely upset with the decision.


One day Lockhart met Nehru with a strategic plan and proposed many government directive defence policies for the country. He placed it on the table and explained the point to PM Nehru. After a while Lockhart walked out of the room and met AA Jick Rudra,+

Lockhart looked shell shocked and stunned. When asked what happened he said “The PM took one look at my paper and blew his top. Rubbish! Total rubbish! We don’t need a defence plan. Our policy is ahimsa (non-violence). We foresee no military threats. Scrap the army!”

One year after the incident the Kashmir crisis had increased and Gen Lockhart used to exchange ideas with the Gen Douglas Gracey who was commander in chief of Pakistan Army.There were many infiltrations along the border which Lockhart knew and took no action. But Lt Gen Cariappa+
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Ghost Rat (Rata Fantasma) \U0001f47b\U0001f400\U0001f637
Ghost Rat (Rata Fantas...
@The_Ghost_Rat
Rush Catalog
Emotion Detector (1985, Power Windows)
https://t.co/3U3Ol6tMHU
#RushFamily
@RushFamTourneys
What's your grade of this song?

https://t.co/3U3Ol6Lo6u

Lyrics:

When we lift the covers from our feelings
We expose our insecure spots
Trust is just as rare as devotion —
Forgive us our cynical thoughts
If we need too much attention —
Not content with being cool
We must throw ourselves wide open
And start acting like a fool

If we need too much approval
Then the cuts can seem too cruel

Right to the heart of the matter
Right to the beautiful part
Illusions are painfully shattered
Right where discovery starts
In the secret wells of emotion
Buried deep in our hearts

It’s true that love can change us
But never quite enough
Sometimes we are too tender
Sometimes we’re too tough
If we get too much attention
It gets hard to overrule
So often fragile power turns
To scorn and ridicule
Sometimes our big splashes
Are just ripples in the pool
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Shanmukh
Shanmukh
@maidros78
1) A generation of students were ruined by communist propaganda in the 1960s and 1970s. They went on to become naxals, and communist ideologues. Most of their lives were ruined, and with little support system in place, most of their families were also ruined completely.

2) Now, a few naxals/ideologues did manage to go abroad, secure nice, cushy positions for themselves, and become anti-India/anti-Hindu bigots from their overseas sinecures. But these were the exception, not the norm. Most naxals faced police ruthlessness and were ruined.

3) Is this a career to recommend to kids? That they can be the lucky 1 in a thousand who will catch the eye of some politically powerful figure in the west, who can/will sponsor their entry into the western system? Western humanities graduates are themselves without jobs now!

4) It is like claiming that someone should drop out of college and become Bill Gates! Sure, there have been Bill Gateses who became multi-billionaires after dropping out of college. But most college drop outs went on to become ruined, or are working low paying jobs today!

5) For those dreaming that they will find a western sponsor who will facilitate their entry into the western system, wake up, please! There isn't a lot of hope for you getting lucky, when western humanities graduates themselves have few skills and fewer jobs.
HISTORY

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तब नारद ने आँखें बन्द कर ध्यान लगाया ।


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The Straddle is a delta neutral strategy and it is important to keep deltas in check during the course of the Trade and not let them run away from you. Of course Volatility is the elephant in the room- but not going there as that will require a separate discussion

The first and most common method is to go 'inverted.' That is to say to shift the untested side to generate additional Premium and increase the runway to Breakeven. So if you start with a Straddle at 700 and price goes to 740, you can move the PE up to say 720.

How much should you move the untested side? While again this is a matter of skill, experience and artistry, the rule of thumb is to cut deltas by half. Remember, prices will move and you have to allow sufficient room for them to fluctuate

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