Hilarious Rush Limbaugh moment from his 2009 CPAC address -->

Chile is the poster child for extreme economic inequality in a developed country. I spent time there last year for my book (which has a chapter on Chile) and what I found hardest to understand is why there wasn't more political unrest. Now there

A few choice facts about Chile and inequality:

In Chile, the social security system is basically designed to redistribute wealth from the masses to the rich, because workers are required to put their savings into private investment funds that charge ridiculous fees.

The commitment to private industry runs deep. If the available water is sufficient either for drinking or growing avocados... well, you get the idea.

The result in Chile is two worlds, side by side.

And what is most remarkable is that, for the longest time, even the ostensibly left-wing parties were on board. Chile's socialists basically don't like socialism.

Xi Jinping's speech at Davos boiled down to: The world has no choice but to do business with China, and if you want to do business with China, you need to stop criticizing our tyranny and questioning our lies about the

Xi's address to the World Economic Forum will serve as well as any other moment for historians to mark the beginning of the Authoritarian Era. He said nothing new, but he restated the narratives and demands of Chinese fascism from a post-pandemic position of aggressive strength.

For the first time, Xi spoke to a world that is beginning to accept the tenets of authoritarianism, thanks to the incredible political and economic damage from China's coronavirus. China's ideals have become as viral as Covid-19.

Thanks to the pandemic, the political elites of the world now universally see their citizens as dangerous mobs that must be tightly controlled for their own good. Most of them always thought that way, but now they can say it openly and act aggressively on their prejudices.

Xi clearly stated that China will not be contained, censured, or judged for its actions. He denounced Western ideals of human rights as "arrogance" and imperialism. After Covid and Biden's inauguration, he sees no nation with the strength or will to thwart China's ambitions.

Let me talk to those who are planning to buy cars these year; Buying a car is good. Very essential for making life easier. However, a car isn’t cheap, the cheapest car is around 450USD in Kenya. Today owning a car may seem very easy as compared to the 70s, THREAD 1/3

Today you can buy a car either in cash 💰, by bank finance, hire purchase and through trade in. But my interest on this post is on bank financing and Hire purchase. Bank finance is where the bank buys for you a car and you pay the bank for a period of time.

Hire purchase terms of purchase is where by you identify a car in a dealership, negotiate for its final price, pay an agreed deposit upfront then clear balance in defined period of time I.e in 6/12/18/20/24 months. So HP =Deposit + total Monthly Installments.

Whenever a bank offers to buy you a car, there is always a 99.9% chance that they will retain the logbook[A substitute for a collateral in lending] A logbook is the only instrument of ownership for any car in Kenya. So the bank will issue you with your logbook once you finish,

Finish paying for the car. The only problem I have with bank financing is the possibility of the buyer losing the car and servicing the loan. It has happened and it does happen. The bank repossesses the car and they auction it. You shall have lost two important things; the money

(1/11) This term, I’ve taught a seminar @IslamicSt_UniFR called “Little Ice Ages and Mighty Microbes. What Environmental History Can Tell Us about the #MiddleEast”. These are some of the things that I’ve learned. A thread. #twitterstorians #environmentalhistory

(2/11) The Arab invasion of #Iran led to a cotton boom – until the 11th century. Then a “big chill” made agriculture detract. Leading Sunni scholars moved elsewhere &bimportant madrasas closed. This helped to eventually convert Iran into Shi’i-majority lands in the 16th century.

(3/11) The “golden age” of the Ottoman Empire saw the conquest of Egypt. With grain (incl. rats/fleas) now being shipped in huge quantities from Alexandria to #Istanbul, the capital became a constant “plague hub” (which, in turn, dramatically increased Ottoman medical knowledge).

(4/11) At the same time, several #Ottoman provinces were already operating at the ecological limit while still being forced to provide Istanbul with animals. When the Little Ice Age hit these semiarid areas in the late 16th century, significant rebellions & crises ensued.

(5/11) Not only humans suffered but animals, too. Epizootics killed livestock in 18th century #Egypt, which made peasants become more dependent on large landholders. Consequently, “changes in nature of rural labor degraded the lives of both beast and man.”