Balbaastar

[Balbaastar @Balbaastar]

@jennie_nic @BeckieDiLeoInc So I just got blocked by @hayyaby I find that comical. These Internet trolls who spew nonsense can't seem to engage in healthy debate. Why bother commenting on anything if you can't tolerate a differing opinion but someone who actually knows what they're talking about.

[Balbaastar @Balbaastar]

@hayyaby @jennie_nic @BeckieDiLeoInc Agree to disagree. Literally 90% of Egyptians dress this way.

[Balbaastar @Balbaastar]

@hayyaby @jennie_nic @BeckieDiLeoInc What makes it Saudi????

Nothing about it screens Saudi

I guess the facial hair, but us Egyptians can grow facial hair also so.......

They have 1 or 2 horses in Egypt I think 🤔

Maybe we can just say it represents the Arab and north African world

[Balbaastar @Balbaastar]

@hayyaby @jennie_nic @BeckieDiLeoInc Habibti Egyptian here..........Egyptians are not Arabs, so yes Egyptian not Arab.

The red black and white OR black and white colors are typically worn by Egyptians from the Sinai area.

Note it is not a keffiyeh in Egypt it is called a shemagh.

[Balbaastar @Balbaastar]

@Trump4547_2025 @elonmusk Pretty sure Canada just sent a whole bunch of water bombers and other assistance to help California. Unless California has already joined Canada as it's 11th province🤷‍♂️

[Balbaastar @Balbaastar]

@fordnation Excellent news @fordnation , Canada has one of the most advanced robust telecommunications sectors in the world. Let's support home grown businesses.

[Balbaastar @Balbaastar]

@elonmusk American broomsticks❤️

[Balbaastar @Balbaastar]

@MelissaLMRogers @Domenic_Toronto So sad @cafreeland @JustinTrudeau why???

[Melissa 🇨🇦 @MelissaLMRogers]

SAD 😔 Lineup at the Fort York Food Bank this morning. Imagine, this is Chrystia Freeland's riding too 🇨🇦

📸 @Domenic_Toronto

[Balbaastar @Balbaastar]

@AdvanceHumanism @RGSportsPhysio @JustinTrudeau Besides punishing older people who worked hard and sacrificed so much seems wrong, @JustinTrudeau this won't in dear you to the GENZ's or millennials as you've now shifted the burden to them to look after their aging parents. Whoever told you that's a winning strategy is WRONG

[Balbaastar @Balbaastar]

@AdvanceHumanism @RGSportsPhysio @JustinTrudeau Eventually capital will leave Canada making us wholely reliant on government subsidies and govt programs. Once capital leaves it'll be very hard to attract back to Canada since the world is a big place

[Balbaastar @Balbaastar]

@AdvanceHumanism @RGSportsPhysio @JustinTrudeau Right but the solution isn't higher taxes, the solution is more productivity. Canada already has a horrific productivity problem that's getting worse because people aren't incentivised to work. This is a downward spiral for the govt regarding tax revenue.

[Balbaastar @Balbaastar]

@KNugent4118 @RGSportsPhysio @JustinTrudeau Entrepreneurship is the backbone of our economy. Without it there is no innovation, no business no tax base. Vilifying people who took huge risks with their own capital to start businesses is very uncanadian, especially when 90% of start ups fail in Cnda
https://t.co/e4eLeyk9wJ.

[Beckie DiLeo @BeckieDileo]

Teach HeART.
Teach students to be critical thinkers while leading with love, understanding and compassion for one another.

‘Extend the Olive Branch’ barrette by Emmi 🕊️
‘Ancient Iconography’ barrette by Raf + Cam
✖️Pendant @6IXAcademy x @foxyoriginals

[Balbaastar @Balbaastar]

@fordnation why is the city of Toronto allowed to hold its residents hostage with this absolutely ludacris property tax hike? The province is eerily silent on this disaster of a city council's decision. Please intervene.

[Balbaastar @Balbaastar]

@BillyM2k Or mummy in yer tummy

[Balbaastar @Balbaastar]

Sign-Up for FIRST ACCESS to RÜFÜS DU SOL pres. Rose Avenue 🌹: https://t.co/ExgFrao03s

[Balbaastar @Balbaastar]

@RideOnewheel , just an update on this absolutely fun death contraption now over a year of riding busted some ribs and fractured my ankle but still riding like a champ. Still loving the one wheel.

[Balbaastar @Balbaastar]

@RideOnewheel been riding my onewheel+xr for 5 months now grocery shopping and errands have never been so fun thank you future motion for this amazing invention.

[Balbaastar @Balbaastar]

@adidas truly the most tone deaf idiotic marketing gimmick in the history of the world. A shoe designed for only one race for $650 #inflation #environment #waste
https://t.co/Ol3fAKi29w

[Balaji @balajis]

Some notes.

1) An argument like this is refreshing relative to the mumbo-jumbo we hear from today’s Fed.

Chase is *agreeing* that the money is all an illusion, and all that matters is whether governments can whip (or incentivize?) their citizens into a productive lather. This was more possible at the time due to technology favoring total centralization of power, and less possible today.

2) Chase’s viewpoint is *adjacent* to the broken windows fallacy, but that’s not the entirety of it.

In Bastiat’s classical broken windows setup, someone smashes a shopkeeper’s window. And we see the money the shopkeeper allocates to the glazier for repairs but not what he would have spent it on — and we thus mistake the spending for economic activity *caused* by destruction.

But Chase’s initial conditions are different. He’s saying a country is essentially out of money, but then suddenly discovers productive capacity in the context of a war. For it to match the broken window setup, the shopkeeper wouldn’t have a shop. So then, where’s the money coming from?

3) In each case you can argue with his examples. For example, Russia under the New Economic Policy in the late 20s wasn’t as bad as Lenin’s war communism, so they would have had more wealth to work with.

And the American economy was hamstrung by the New Deal and (relatively) set free by war production, where many regulatory barriers were relaxed. For example, antitrust and labor laws (like Walsh-Healey) were suspended or ignored.

4) But there is something to what is being said here. There is a capacity for rebirth in a country (like the German Economic Miracle after the war) that isn’t typically there in a shorter-lived company. There’s also truth in the idea that the right management and motivation can get much more productivity out of a population.

5) However, I think it’s wrong to say that incentives (and therefore money) don’t matter because of the experience of wartime economies.

To the contrary, perhaps the most important reason war changes the economy has to do with the introduction of a huge new incentive for everyone: basically, work fast or die.