Oliver Williams

23 29 31

[Oliver Williams @omw7777]

@TulsiGabbard @HillaryClinton New thread following the number of times I relike the @TulsiGabbard tweets.
Basically 2 or 3 times a day now.
Used to be less. Back in the day when it was on nearly 300k, it was surprising. Then it became a Twitter vendetta.

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[Oliver Williams @omw7777]

@Shirl10R10 @ctindale Let's hope for that.
History tells us that previous advances were all accompanied by higher energy needs.

[Oliver Williams @omw7777]

@Nigel194288 @JohnOSullivan36 @richimedhurst https://t.co/uPjBL1BX27

[Oliver Williams @omw7777]

@symmo1969 @james_xond They set off the exponential which looks nice and linear till it's too late.

[Oliver Williams @omw7777]

Award-Winning Director Reveals Secret On How To Listen Better | Stephen ... https://t.co/GQpsXkPFYw via @YouTube An excellent podcast which talks of how trust and a holistic process allow projects to grow
This approach can be used in all types of project and not just film making

[Craig Murray @CraigMurrayOrg]

I GOT THE JUDICIAL REVIEW IN SCOTLAND!!!!!!!

Of the legality in Scots law of the proscription of Palestine Action in Scotland.

Full judicial review 17 to 18 March at the Court of Session in Edinburgh.

The judge Lord Young's decision just landed.

[Rupert Read 🌍 🔥 @GreenRupertRead]

BREAKING!: Huge news: The Government has quietly published [link below] on its website, without any fanfare, the Joint Intelligence Committee / Defra report on
'GLOBAL BIODIVERSITY LOSS, ECOSYSTEM COLLAPSE AND NATIONAL SECURITY'
that it suppressed last October. It has presumably done this at this point (in the middle of an international crisis) to try to bury the story. <DON'T LET IT BE BURIED> ...this is a huge story. Just consider the report's title, for starters... the report warns of multiple likely ecosystem >collapses< that will have dire implications for our national security, and that require serious strategic adaptation at minimum. The report also sets out how these collapses if they are allowed to occur will significantly increase migration-pressure: "as development gains begin to reverse", a phrase that should make any human shudder in anguish. There is much more... But it doesn't end there: what they have published very much appears to be >only part of a larger piece of work<: there is no detail at all in what they have published on the geo-regional analyses; the connections from those regional analyses to the national security threats consequently facing Britain are not detailed; the "Key Judgements" of the report are not properly explained. It is fairly obvious what has happened here: in response to FOIs, they are trying to slip this report out, presumably because they feared it would otherwise get out anyway; but they have done so in a form that holds back much of the most disturbing content - the content that WE as citizens need to know if we are to know how to protect ourselves, what we are potentially going to have to adapt TO.
We must continue to press for the full report to be released...
But in the meantime there is much here to digest and reflect on, to put it mildly. Kudos to those who commissioned the report; do READ this version of it (it's only short!), and let's take it from there... Kudos too to those who pursued an (at least partly) successful battle to get the report released, via Freedom of Information requests...
>>Please share widely!
https://t.co/lMI3Nr5mPL

[Oliver Williams @omw7777]

@Aniltprabhakar @vonderleyen Because of LNG ?

[Prof. Steve Keen @ProfSteveKeen]

Link to the complete video - https://t.co/rFfJNo10KR

[Prof. Steve Keen @ProfSteveKeen]

Every hour, the government pumps $500 million into the US economy.

Sounds like a lot, right?

It is actually a tiny fraction of the real money creation story.

The other $4 billion created daily comes from a source mainstream economists constantly ignore.

They tell you government deficits are a disaster waiting to happen. They are wrong.

I break down the actual accounting of money creation in my latest video.

Link in the comments.

[Oliver Williams @omw7777]

@antinaziandwoke @ProfSteveKeen Have a look at Steve Keen's work.
His system dynamics program for macro economy analysis effectively addresses the velocity of money inherently.

[Oliver Williams @omw7777]

@EmmanuelMacron If Trump did this to France, would the French rejoice ? I think not

[Prof. Steve Keen @ProfSteveKeen]

Wrapping Up 2025, I wanted to let you know why I've Been Fighting This Battle for 50 Years.

I was 20 years old when I realized I was being lied to.

It was 1973. I was an undergraduate at the University of Sydney, and the real world was on fire. The oil crisis had hit. Inflation was skyrocketing, and unemployment was rising at the same time - a phenomenon called "stagflation."

According to the textbooks I was forced to read, this was mathematically impossible. The economic models insisted you could have inflation or unemployment, but never both.

I sat in lecture halls watching professors draw elegant curves on chalkboards that described a world of "equilibrium" and "perfect competition." A world where banks didn't exist, debt didn't matter, and crises were just accidental bumps in the road.

I looked at the chalkboard. Then I looked at the newspaper headlines.

The map didn't match the territory.
Most students just memorized the lies to pass the exam. I couldn't do it.

I led a student revolt that year. We demanded to be taught economics that actually engaged with reality - with the messy, chaotic, debt-fueled world we actually lived in.

We won the battle, but we lost the war.

The university establishment crushed us, and Neoclassical economics took over the world.

Fast forward 50 years, and I am seeing the exact same look in your eyes that I had in mine.

You look at the "official" inflation numbers, and then you look at your grocery bill, and you know something is wrong. You hear the Fed Chair talk about a "strong economy," but you see your friends getting laid off and your children giving up on ever owning a home.

That feeling you have? That isn’t confusion. That’s your bullsh*t detector going off.
And you’re right to feel that. Just like I have.

I have spent my entire adult life fighting the "experts" because I know where their bad math leads.

It leads to 2008.

It leads to the housing crisis.

It leads to a world where the rich get bailed out and the rest of us get the bill.

I fought them in 1973 because I was an angry student.

I fight them today because I refuse to let these delusions destroy what is left of our society.
...It cost the rest of the areas of my life to do so. But I know it’s worth it. For the greater good.

I didn't build the Rebel Economist Challenge just for academics and government leaders.

I built it for the people who are tired of being told to ignore their own eyes.

It took me decades to build that map from scratch. You don't have to wait that long.

I am challenging you: Can you learn 50+ years of real economics in the next 7 weeks?

I have condensed half a century of fighting, predicting economic crises, and winning arguments into a 7-week roadmap.

I am handing you the keys to the machine. Handle them with care.

If you try to figure this out alone, you’ll get lost in the noise of 24-hour news cycles and contradictory theories. You will stay paralyzed while the window to prepare for the next crisis slams shut.

Learning alone using YouTube, textbooks, and University courses will waste years of your life. How do I know? Because I did it the hard way. And unfortunately for me, I can’t get those years back.

But I made this system so YOU CAN.

[Oliver Williams @omw7777]

Un expert parle des mines. https://t.co/HDwIK1dQRE

[Oliver Williams @omw7777]

@Radios4Freedom @_Steve_34 @RWB_American It's mainly to do with deflection issues and avoiding cracking of the masonry above.
Site welding requires alot of checking on site.
Often it is the contractor who proposes this solution for cost reasons.

[Prof. Steve Keen @ProfSteveKeen]

I predicted the 2008 financial crisis in December 2005. Here's why the economics profession didn't.

The correlation between credit growth and unemployment in the US from 1990-2012 is -0.93. That's not a typo. Negative point nine three.

Any researcher would recognize this as a fundamental relationship. Yet mainstream macroeconomics completely ignores it.

Why? Because neoclassical models treat banks as intermediaries. In their framework, banks enable lenders to transfer money to borrowers. When debt increases, one account goes up and another goes down. Credit cancels out. No macroeconomic effect.

This is completely wrong.

Banks create money when they lend. When you borrow from a bank, your deposit increases and the bank's assets increase. Total money in circulation rises. You borrow to spend. That spending is aggregate demand and aggregate income.

Credit doesn't cancel out. Credit IS demand.

Ben Bernanke wrote in his essays on the Great Depression that the general attitude of the economics discipline was that changes in private debt should have no significant macroeconomic effects. This fundamental misunderstanding is why they missed 2008.

But here's where it gets worse.

After the crisis, mainstream economists tried to defend their position. A leading neoclassical economist published a paper claiming bank credit was 200% of GDP in 2008. Think about what that means. If GDP is 10 trillion, credit would be 20 trillion per year. The debt-to-GDP ratio would be in the tens of thousands of percent.

He had confused the debt stock with credit flow. The Federal Reserve database labeled debt as credit, and he took it literally. The paper was peer-reviewed and published in a top journal.

This shows how little the profession understands about banking in capitalism.

I've been building mathematical models based on Minsky's financial instability hypothesis since my PhD in 1992. These models show how rising private debt creates cycles that destabilize the economy. The cycles start small, appear to converge toward equilibrium, then explode into debt deflation.

US private debt peaked at 120% of GDP before the 1929 crash. It peaked at 170% before 2008. Government debt was low in both periods.

Private debt drives financial crises. The empirical evidence is overwhelming. The mathematical models confirm it. Yet the mainstream still doesn't teach this.

If you're ignorant about the banking sector in capitalism, you're ignorant about capitalism.

P.S. I break down the mathematics, the empirical data, and the failures of mainstream economics in detail in my presentation in the comments.

#Economics #Finance #Banking #MacroEconomics #FinancialCrisis #PostKeynesian #EconomicTheory

[Oliver Williams @omw7777]

@YorkshirePundit @RobertJudd4 @kennardmatt They do exist.
Everyone has the right to free expression.
We are also free to disagree.

[Oliver Williams @omw7777]

@mikepompeo Wow. War is your child. Stop it now.

[Oliver Williams @omw7777]

@Bren4Bassetlaw @tomhfh That was simple asset stripping.

[Oliver Williams @omw7777]

@tomhfh Sod the colonialism.
Sod slavery.
Sod exploitation.
What did the Romans ever do for us ?

[Oliver Williams @omw7777]

@thaisilver60 @kennardmatt The offence is supporting a person or persons that have expressed their support for a (currently) proscribed organisation.
That is not a crime.
They got it wrong.
She will be shortly released.
I might say, I like someone who might express some positives with regard to Mosley.