le_hoss

Is this to be an empathy test? Capillary dilation of the so-called 'blush response', fluctuation of the pupil, involuntary dilation of the iris?

[Roger Waters ✊ @rogerwaters]

Today, and every day, we remember the plight of Palestinian refugees. #WorldRefugeeDay

[Handre @Handre]

Two small island economies blew up in 2008. Iceland and Ireland. Their names differ by one letter, and their handling of the crisis differed by everything that matters.

Iceland's three big banks, Kaupthing, Landsbanki, and Glitnir, had grown assets to roughly ten times the country's GDP by 2008. Pure credit-fueled madness. When the music stopped, the Icelandic government did the unthinkable: it let them fail. Bondholders ate the losses. The state refused to socialize private bank debt onto 320,000 citizens who never signed up for it. Capital controls went up, the króna collapsed, and the politicians actually prosecuted bankers. Twenty-six of them went to prison. Sigurður Einarsson and Hreiðar Már Sigurðsson, the men who ran Kaupthing, served real sentences.

Ireland took the opposite road. In September 2008, the Irish government issued a blanket guarantee covering the liabilities of its major banks, including Anglo Irish Bank, a property-lending casino that should have been allowed to die in peace. The taxpayer absorbed the bill. By the time the rescue ended, Ireland had poured around 64 billion euros into its banks, roughly 40 percent of GDP. The state took on private gambling debts, then went to the Troika in 2010 hat in hand for an 85 billion euro bailout, and accepted years of austerity to pay for losses it had no business owning.

Both economies recovered. Both eventually grew again. The difference is who paid and who learned. Iceland made creditors and reckless bankers bear the consequences of their own decisions, which is the entire point of capitalism: profit and loss, not profit and bailout. Ireland protected the people who made the bad bets and handed the invoice to schoolteachers and shopkeepers.

You will hear economists call Ireland's GDP rebound a triumph (much of that "growth" is multinational accounting fiction, Leprechaun economics, but that's another lesson). What they skip is the moral architecture. When you guarantee bank liabilities, you abolish the discipline that makes markets work. You tell every banker in the country that downside is optional.

Iceland jailed its bankers. Ireland reimbursed theirs.

[League of Ireland @LeagueofIreland]

The first ever active League of Ireland player to play in the FIFA World Cup 👏

[le_hoss @VOID_Comm]

@jademiurax

[le_hoss @VOID_Comm]

@wolvesfancast Old crest is better too

[le_hoss @VOID_Comm]

@wolvesfancast Collar

[le_hoss @VOID_Comm]

@Wolfpackwwfc It totally hits home how at 150years old our owners had no foresight and kept selling all our top players and now at 150 we are relegated. Love the colour-not mad about the crest.

[Sara Rey @SaraReyi]

RETWEET PLEASE

[le_hoss @VOID_Comm]

@wolvesfancast New colour much much better, but I prefer the old “wolf” crest

[BRICS News @BRICSinfo]

JUST IN: 🇮🇪🇮🇱 Ireland bans Israeli ministers Itamar Ben-Gvir and Bezalel Smotrich from entering the country.

[le_hoss @VOID_Comm]

@yousef_ki1 .

[Middle Eastern Affairs @OpsHQs]

The Israeli ambassador to Europe is protesting the spread of this image. Let it spread all over the world. 🌍🔥"

[le_hoss @VOID_Comm]

@yousef_ki1 .

[le_hoss @VOID_Comm]

@Nermeenalswaisi @Bogsideandproud .

[Hasan alrabay @HasanEssam29636]

One of the most terrifying images in history: a transformation from life to death.

Gaza in 2023 and 2026!

[sarah @sahouraxo]

BREAKING:

Israel is dropping white phosphorus bombs on civilian areas in the village of Arnoun, Nabatieh, South Lebanon.

These are internationally banned munitions — and Israel is unleashing them against civilians.

[GBX @GBX_Press]

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[Thomas Portes @Portes_Thomas]

L’HORREUR ABSOLUE.

À Gaza des enfants palestiniens sont déchiquetés par les forces d’occupation israéliennes.

Ne cessez jamais de parler de la Palestine !

[Muhammad Mazen @mhmd_s09]

One of the most horrific scenes in human history has been revealed.

A video shows people trying to rescue an injured person and carry him to the hospital; Israel bombed them all and killed them with a missile.

A video the world must never forget.

[Muhammad Mazen @mhmd_s09]

One of the most horrific scenes in human history has been revealed.

The moment a small child carrying a water jug ​​to her besieged and thirsty family was bombed, killing her and shattering her body.

A video the world must never forget.