Steven

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

Most people don't understand how interest rates, population growth, and immigration are related.

Let's fix that with a quick thread.

<thread> 🧵👇

[Steven @MapleSteves]

@VoltaCard Awesome very glad to hear it

[Steven @MapleSteves]

@XRPHealthcare Do you have a timeline for when you are updating your validator to the latest rippled version? The community is hoping more get on board to 2.1 for the health of the XRPL

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

My blood's boiling & you're about to feel the same way.

It's 🇨🇦's international students. Not them, but the diabolical, complex, & unimaginal scheme to fuel 🇨🇦's growth.

Here's how 🇨🇦 manufactured an exploitation machine & sold it as social good.

<thread> 🧵👇

[Steven @MapleSteves]

@StephenPunwasi That would be Heirbnb

[Steven @MapleSteves]

@aufgehendeRest Is there a good critique or book you recommend that addresses some of the issues with stoicism?

[George Stroumboulopoulos 🐺 @strombo]

1 more sleep to Christmas Eve. So let’s watch @youarestars doing their version of one the best songs of the season https://t.co/eVtcgA6tmz

[Steven @MapleSteves]

@ErikFertsman Increased savings should really be reinterpreted as "reduced spending" or "reduced investment", especially when we have see debt levels begin to drop. It's a textbook sign of looming recession.

[Steven @MapleSteves]

@StephenPunwasi "Investor" these days just means someone who feels entitled to all the profits, yet wants the public to take on the loss and risk

[Jason Hickel @jasonhickel]

"Debt cancellation would not only relieve human suffering, it would also remind us that money is not ineffable, that these are human arrangements and that if democracy is going to mean anything, it is the ability to all agree to arrange things in a different way."

—David Graeber

[Prof. Steve Keen @ProfSteveKeen]

Oh David! @davidgraeber. They say only the good die young, but why did you have to be one of them?

There's even more bullshit in the world now that you are no longer with us.

It was a pleasure to know you, and it is a tragedy to say goodbye.

[Steven @MapleSteves]

@Mr204girl0574 @Jason_John2 @StephenPunwasi I see what you're saying. But at the same time, those complaining about government budget deficits are the economic equivalent of anti-vaxxers. The best we can do is try to educate them about how economics works, not try to placate their disasterous beliefs.

[Steven @MapleSteves]

@Mr204girl0574 @Jason_John2 @StephenPunwasi Those who are screaming about government deficits are part of the reason Canadians are in record debt and facing a recession. Someone has to spend (take on debt) for an economy to function and grow; only the Feds have a central bank to deal with it. Look up The Deficit Myth

[Steven @MapleSteves]

@StephenPunwasi We need debt forgiveness and compensation for savers. We also need regulations to prevent these debt fuelled bubbles forming in the first place. The current approach just sucks more people into the ponzi scheme; trying to save a sinking ship by loading more people onto the boat.

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

Canada's economy was the fastest growing in the G7, but it's almost all due to debt being taken out.

This is parasitic growth created by flooding young people with cheap debt, to borrow from their future to pay for necessities today.

#ToRe #VanRE

[Randy Zwitch @randyzwitch]

If we're being honest, 2020 is the perfect year to get rid of Daylight Saving Time. Just rip the band-aid off while we're all home confused as hell anyway

[Steven @MapleSteves]

@StephenPunwasi "Most Entitled Generation" - Brought to you by the generation that could afford the basic necessities of life without entering into a lifetime of debt servitude

[Steven @MapleSteves]

@BetterDwelling @TorMrktBubble Finally we can put the "high housing prices are good for the economy!" myth to rest. The evidence makes it clear that higher cost of living, more money to nonproductive sectors, stifle economic growth.

[Steve Mennill @SteveMennill]

We defend publicly funded universal health, education, and social safety net, almost to the extreme. And yet we can’t seem to apply even a mild version of those principles to housing. It is indeed our Achilles heel.