Fulltosss

I, me, myself..the use of mass media to shape public opinion at scale is intrinsically anti-democratic, our current Govt is a beneficiary of this !! 🇮🇳

[Fulltosss @FullTosss]

Mystery behind a bot account coming and liking your tweet. #bot #pornstar #account #like

[Mehdi Hasan @mehdirhasan]

Has @elonmusk tweeted about this guy yet? No? I’m shocked.

[Priya Purohit @Priyaa_Purohit]

BREAKING : India Today-AajTak group's yearly profit drops 80%, revenue also fell around 18%, from ₹1039 crore to ₹849 crore.

Cricts claimed that the channel's credibility and reputation have suffered due to perceived political bias and excessive bootlicking.

Trust once lost, it is difficult to regain.

[P. Chidambaram @PChidambaram_IN]

Operation Lotus is in full vigour

In the recent past, the following parties have been 'split':

BIJU JANATA DAL
AAP
TRINAMOOL CONGRESS
SHIV SENA (UBT)

The 10th Schedule of the Constitution is a mute spectator

[Fulltosss @FullTosss]

@ShoaibDaniyal This is a bribe to shut their mouth. That’s a huge opinionated community

[Fulltosss @FullTosss]

@StockMarket___ @StockSavvyShay Too crowded a market with so many payment options plus what’s app encryption has lost credibility in that market.

[Yanis Varoufakis @yanisvaroufakis]

Every British PM’s nightmare

With Keir Starmer expected to fall on his sword shortly, here is my take on the conundrum facing Andy Burnham, indeed any and every British PM.

The true nature of Britain’s ‘special relationship’ with the United States has far more to do with American financiers’ willingness to keep borrowing to purchase British government debt than with history, culture or Britain’s defence needs. This is the burden under which every UK Prime Minister must labour.

Mike Tyson famously said, “Everyone has a plan until they get hit”. The same could be said of prospective British prime ministers, especially after Liz Truss's spectacular defenestration. They all have a plan until the guilt market hits them. Andy Burnham, Nigel Farage, my friend Zack Polanski will have to face this, if they ever move into 10 Downing Street. I think they know it. But I doubt whether they appreciate the true magnitude or nature of their predicament.

Conventional wisdom has it that the bond market comprises people looking to invest their savings in a government's debt. They seek the right balance between a higher interest rate and the increased risk this implies. For example, higher bond yields may signal that the market expects future inflation to reduce the value of the fixed interest payments that their bonds will yield. Worse still, it may foreshadow a risk of government default, as occurred in Argentina and Greece.

That’s more or less what first year economics and finance students are taught. And it’s all true. Except that, in the case of the United Kingdom, this story misses the most fascinating and worrying aspect of its government bond or gilt market: The British government’s ability to refinance its public debt of almost 3 trillion pounds does not depend on savers choosing to invest in gilts. In fact, the British government’s ability to sell gilts hinges heavily on the willingness of numerous US-based financial institutions to borrow substantial sums of dollars to purchase British gilts, which they then use as collateral to borrow for their own purposes within the US.

And there’s the rub. There is a world of difference between needing to borrow from savers and from relying on speculators who borrow themselves to lend you. Savers who lend to you focus on your long-term ability to repay them. They may tolerate your desire to make infrastructural investments that could increase your debt in the short term, in return for future profits that will help you repay them when their bonds expire. However, speculators who borrow in order to lend are a different beast entirely. They are much jumpier and prone to margin calls: situations where, if the bonds they purchased from you begin to lose value, fearing they will not be able to repay their own creditors, they dump your bonds thus turning their decline into a crash.

The question arises: Why are British bonds, or gilts, so much more reliant on American speculators borrowing money to buy them than German bunds, Japanese bonds, Italian bonds or Greek bonds? Why does every British government rely so heavily on American leveraged capital inflows?

It all started in the 1950s when the City of London discovered how to avoid following the British Empire down the road to oblivion. The trick was to carve out a niche for the City within the emerging dollar empire, which was institutionalised within the Bretton Woods system. American financiers faced rigid capital controls within that system, but the City of London was able to alleviate these due to three invaluable features.

First, London’s trading expertise and legal system offered American financiers efficiency with immunity from all sort of interventions, including democratic accountability. Secondly, Britain’s network of offshore jurisdictions offered fabulous tax-minimisation opportunities. And, thirdly, London quickly became the holding depository of a torrent of petrodollars and eurodollars, not to mention the shadowy dollars created outside the United States by foreign bankers.

Thus, the Great British paradox: while the UK's real economy was in decline, the City of London was flourishing. When the Bretton Woods system collapsed in the 1970s, American financiers discovered another use for the City: they borrowed dollars in the US short-term to buy long-term UK government gilts, which they then sold quickly to repay their loans. They would then repeat this process again and again to profit handsomely. This is how the British government became reliant on leveraged US institutions. In order to continue operating as usual, London today requires American balance sheets that are willing to expand through borrowing and use British gilts as collateral in order to maintain liquidity in the US.

Put differently, the flipside of the City’s success story is that, even though it borrows in a currency that it prints, the UK is not financially sovereign. Yes, the City occupies a strategically important position within the global dollar system but the price for this is that the UK government’s sovereignty is circumscribed by its priority to maintain the City’s central position in American finance. While this remains the priority, the occupant of 10 Downing Street is like the captain whose powers are limited to re-arranging the deck chairs on the Titanic.

Is there an alternative to this peculiar form of financial subservience to US-based leveraged financiers? Yes, but it requires a willingness to accept a falling pound and falling house prices while increasing public investment through a new investment bank that issues bonds supported by the Bank of England.

Any Prime Minister who tries to maintain Britain’s financial servitude to US capital while also investing in public goods may well put Britain on a path towards the IMF, whose sole purpose, lest we forget, is to create the political leverage that will bring about – like it did in Greece – the permanent loss of sovereignty over tax and spending policy. The question is: Do the current contenders for Britain’s top job understand this?

https://t.co/xGrWjjcudY

[Fulltosss @FullTosss]

@ANI Only these symbolisms will be on display for the next 5 years. Save this tweet

[amit @amitisinvesting]

$NFLX completely getting demolished

cheapest it’s been in years, but every time I think of buying I remember…

- no hit shows leading to massive growth like Squid Game for example

- they tried to buy $WBD and $ROKU, now $LION which makes me think they really are struggling to create content

- the only reason they beat EPS last Q was because of the $3B breakup fee, otherwise no growth

- Mag 7s are better businesses trading at lower multiples

what’s the argument to go long here other than it is bottoming? which I agree it probably is…but is risk to reward amazing here even if it doesn’t go that much lower?

[Fulltosss @FullTosss]

@pervaizalam Where is part 2. On digital you should release all in one shot rather than make it episodic for the same guest.. don’t approach on demand platform from a TV lens.

[वरुण 🇮🇳 @varungrover]

In any other country (even 3rd world like us, forget a country claiming to be a Vishwaguru), even a single such incident in a year would have caused massive uproar.

But for us, it’s probably 50th case in this year of being killed by the all-pervasive corruption-nexus of govt, IAS, and business.

Nothing will change and next time it would you be you or me or our families perishing in this hellhole created by cruel systems.

[RocketMan @RKLBMan]

Just an observation. But typically when there are big moves from "anchor" megacap stocks, the sympathy moves are extended up or down at a larger magnitude.

For example, if $NVDA has big news it'll send up small/mid caps flying.

$SPCX down 9% is hurting $RKLB and others. But to a lesser extent than I would expect.

[Christian Keil @pronounced_kyle]

Here it is: my 12,000 word report on Space Warfighting.

Handed it to Space Force leadership two weeks ago, and it's now public.

My core argument: No amount of wishful thinking can keep us from having to fight a space war. So we had better learn how to win one.

Contents:

The First Principles of Space Warfighting
▸ Space is close to earth, but it’s hard to get there.
▸ Orbits are predictable, but tracking objects in space is hard.
▸ Space is physically massive, but operationally small.

How To Win a Space War
▸ Maximize upmass to orbit.
▸ Scale commercial satellite manufacturing.
▸ Disaggregate and proliferate military satellite systems.
▸ Dominate the cold war.
▸ Defend the domain.

[Pervaiz Alam @pervaizalam]

Dr Subir Sinha Part 1: https://t.co/RP3OBVSFAB

[Pervaiz Alam @pervaizalam]

Leicester Report & Lessons
“Some areas are overwhelmingly Muslim, others Hindu. I haven’t seen such clear segregation in Manchester or Bradford.” - Dr Subir Sinha pointed to stark segregation in a British town.

The Director of the South Asia Institute at SOAS London, has spoken about the vital importance of leading the Leicester inquiry — despite serious challenges and threats.

Dr Sinha led the landmark independent two-year inquiry into the 2022 Leicester clashes — widely regarded as the most comprehensive and authoritative investigation of Hindu-Muslim violence in the UK to date. Produced with LSE academics, anti-racist organisations and UN-experienced jurists, the report is set to become a key reference for policymakers.

In an interview with broadcaster Pervaiz Alam on the Cineink podcast London Vārta, Dr Subir Sinha discussed race relations in Britain and revealed that the inquiry faced threats and attempts to remove him from his SOAS post.

“Leicester was important because such open Hindu–Muslim street violence had not been seen before in the UK on this scale,” he said.

Dr Sinha warned: “This friends-and-enemies mindset — which underpins right-wing politics — was on full display in Leicester.”

His comments come amid growing concern over South Asian community’ internal divisions in Britain. The groundbreaking report offers detailed recommendations to tackle these tensions and prevent future violence.

Full interview drops in the next post 👇
#LeicesterClashes #RaceRelationsUK #CommunityCohesion #SOAS #Britain

[Fulltosss @FullTosss]

@ANI What BS is this!! He can’t count 5 accomplishments!! It has been a waste of 12 year of rule

[Raju Parulekar @rajuparulekar]

Rigging??

[Shay Boloor @StockSavvyShay]

$MU and Anthropic announced a strategic AI agreement covering memory, storage, Claude adoption, and a Micron investment in Anthropic's Series H.

The deal positions Micron as both a key memory supplier for AI infrastructure and a direct partner to one of the leading AI labs.

[Fulltosss @FullTosss]

@sanjivbhatt @aakashibhatt @shantanubhatt95 Solidarity and More power to you and bhatt sb.

[BRICS News @BRICSinfo]

JUST IN: 🇶🇦 Explosion reported at world's largest LNG production facility 'Ras Laffan' in Qatar.

[Ryan Rozbiani @RyanRozbiani]

🇶🇦 EXPLOSION at Ras Laffan Gas Facility in Qatar

This is the LARGEST one in the country.

The Ministry of Interior of Qatar stated that this explosion happened inside one of the factories in the Ras Laffan area.

Reason UNKNOWN.