Sajida Wasim

I like to have informative discussions with informed people.

[David Lee @DavidLe76335983]

The rigging will continue

[Barchart @Barchart]

U.S. Treasury Internal Report suggests AI Bubble Risks are similar to the Dot Com Bubble 🚨 🚨

[Philip Pilkington @philippilk]

Oil Glut media bros riding the Trump-credibility-defining rollercoaster all week. 🎢🎢🎢

[Philip Pilkington @philippilk]

I think I’ve figured out what’s going on in the oil markets. The situation is dire and we’re being fed a “wall of slop”. Great to appear on @MarioNawfal who is doing yeoman’s work on this topic while the fake financial press feeds us gruel. 🛢️

[Sajida Wasim @WasiMOra]

@nicksortor Projecting

[Ben Norton @BenjaminNorton]

Because the US government relied on neoliberal economists, who (in service of Wall Street) insisted that all of that cheap money should flow to the most profitable sectors, following the dogma of the "free market".

They said the government can't "pick winners", and instead private investors and corporations would "allocate capital more efficiently" (not by investing in fixed assets, but by juicing their stocks).

Infrastructure has notoriously low return on investment dragged out over long periods of time. Venture capitalists and private equity firms wanted high ROI in short-term cycles of a few years at most. So that's where most of the money went during the ZIRP period.

If you want good Infrastructure, you need state planning and state-directed investment of "patient capital", as Chinese officials call it. This is why China's socialist system -- based on public ownership of most banks and investment firms, with enormous state-owned enterprises in the construction industry -- has excelled in infrastructure development, while US infrastructure has deteriorated and 95% of US corporate earnings have gone to share buybacks and dividends.

Wall Street won. Main Street loss.

[The Wall Street Journal @WSJ]

Tech billionaire Vinod Khosla thinks people like him should pay higher capital gains taxes.

Here, the Khosla Ventures founder dives into everything from his OpenAI investment to how he thinks about taking risks:

🔗 https://t.co/LGvtTPZwnC

[Going Underground @GUnderground_TV]

‘Israel is an imperfect democracy and the United States is an imperfect democracy.’

-Israeli war criminal Benjamin Netanyahu

Genocide, apartheid, ethnic cleansing, systemic s*xual violence, and military occupation are apparently just ‘imperfections’ in Israel’s case.

Oligarchic domination of the economy, two-party/uniparty duopoly, and elections being bought by billionaires and the Israel lobby, are just ‘imperfections’ in the US’ case.

[Martin L. Zinn @MartinLZinn]

And by “lifted out of poverty,” we don’t really do justice to what China achieved. People were not simply considered to have escaped poverty once they earned more than $3 a day—the threshold used by the IMF and the World Bank. Rather, the Chinese approach included not only the right to a job and a decent living wage, but also access to housing, education, healthcare, and adequate food and water. Only once those broader criteria were met were people considered to have been “lifted out of poverty”.

It’s a truly remarkable achievement. At the same time, the government was building critical infrastructure and raising living standards across the country.

[José Fernández @Fern83142440Jos]

@afshinrattansi Deng Xiaoping:

"It doesn't matter if a cat is black or white, as long as it catches mice." This pragmatic approach justified experimental economic reforms over rigid ideological adherence.

[Afshin Rattansi @afshinrattansi]

In the space of one generation, China🇨🇳 lifted around 800 million people out of extreme poverty, the largest poverty reduction in human history, and created the world’s largest middle class.

In 1981, nearly 9 in 10 Chinese people lived in extreme poverty by international standards. Extreme poverty is now extinct in China.

They vilify China with recycled McCarthyite propaganda from the 1950s so that you don’t focus on China’s successes instead…

Because they want you to keep believing the illusion that American capitalism is the best system.

[Financial Times @FT]

Nato allies unveiled tens of billions of dollars of defence industry deals to buy surveillance planes and advanced drones — and to show Donald Trump that Europe was spending more. https://t.co/1tJFpv28lQ

[MenchOsint @MenchOsint]

As usual, Israel and its puppets (see list) voted against a debate on the necessity of putting an end to the economic, commercial, and financial Blockade imposed by the United States against Cuba.

Argentina
Costa Rica
Czechia
Israel
Morocco
Paraguay
Ukraine
U.S.A.

[Policy Tensor @policytensor]

Exactly. In any case, the US has not delivered on its own commitments in the MOU. Iran has been given no reason to yield on Hormuz. None.

[Policy Tensor @policytensor]

Israel became the fourth largest supplier of weapons last year.

[Policy Tensor @policytensor]

This looks fantastic. And it is free to download. This is how you publish books, folks!

https://t.co/hIg7CfH3J7

[Policy Tensor @policytensor]

Fwiw, I think Mitchell is quite right to formulate it this way. Copley does not like Mitchell’s focus on rent-seeking. But that is less important than the analytical move he makes to center the capitalization of the future:

“‘Capital is not something saved up from the past’, Mitchell writes, whether machinery, knowledge or finances. Such backward-looking accounts obscure an uglier reality: capital is ‘a capture from the future’. The key is the process of ‘capitalization’, whereby a future income stream—tax revenue, mortgage payments or corporate earnings—is transformed into a present financial asset. … Present stock market valuations are an index of the capitalized burden inflicted on the future.” 

https://t.co/KE4e3FgexA

[Policy Tensor @policytensor]

Yes, they are being coerced by both sides. The shippers and the GCC states are caught in the cross-fire as the two great powers struggle over Hormuz. It’s a game of cat and mouse, with intermittent fighting.

There is no decisive resolution of the struggle over Hormuz. Neither side can compel the other to capitulate over this issue. The way out of the impasse is a negotiated agreement. But the US has been unwilling to deliver on its commitments, and is instead playing cat and mouse.

[Sajida Wasim @WasiMOra]

@policytensor For US: Power projection abroad, while hollowing out at home!

[Policy Tensor @policytensor]

The whole world is united in condemnation of our strangulation of Cuba. “136 Member States voting in favour to 9 against (Argentina, Costa Rica, Czechia, Israel, Morocco, North Macedonia, Paraguay, Ukraine, United States).” https://t.co/3qJl3565CR