Andrew Collier

Rare economist who understands how regulation, incentives, and accounting get weaponized to screw us…or at least discusses it honestly.

[Andrew Collier @penasquit0s]

Control #Fraud in a nutshell: In 10 yrs leading up to #failure, Credit Suisse, now $UBS , didn’t make a profit, it had a cumulative net loss of 2.1 billion Swiss francs. With large losses, the bank paid out over 33 billion in bonuses over those 10 yrs. #Protest or #Pitchforks?

[Bill Ackman @BillAckman]

Premise:

Incentives drive all human behavior.

The corollary:

How to destroy a country:

A vast social security and support system that serves as a magnet for those who would rather not work.

An open immigration policy that does not screen immigrants to determine their ability and willingness to provide for themselves and their families.

An open immigration policy that does not screen for political and/or religious ideologies that are a threat to the country.

Economic incentives large enough to incentivize immigrants on the state dole to have large numbers of children, but insufficient for educated and economically productive mothers to be able to quit to raise a family.

The declining fertility of the most educated and productive women due to their delay to begin a family as a result of their desire and/or need to advance their careers, among other reasons, to live a life they deem consistent with their educational achievements and/or to repay their student debts.

Amnesty programs that give citizenship and voting power to illegal immigrants without consideration of their economic productivity or their threat to the country due to their religious or political ideologies.

The changing demographics and increased population due to the above factors.

The state responding to protests by increasing social support.

The continued failure to punish and hold accountable violent and looting rioters.

Government managed by a massive and growing unelected bureaucracy.

Government fraud, waste, and abuse contributed to ballooning budgets.

Anti-business legislation that makes it difficult for businesses to compete in a global marketplace being disrupted by AI, including restrictions on firing even poorly performing employees.

Overly burdensome, globally uncompetitive, corporate taxation.

Continuous increases in personal taxes to raise funds to provide for the rapidly growing welfare state.

The substantial majority of the tax burden levied on a small percentage of the population.

A growing percentage of the electorate paying no taxes and receiving welfare.

The introduction or threat of a wealth tax including the taxation of unrealized gains, i.e., taxes on paper wealth.

The flight of the most productive business builders and highest taxpayers to lower tax countries with lesser security concerns.

A growing percentage of the electorate voting for candidates that support increased welfare and laws favorable to, and/or that match the cultural and ideological needs and desires of a growing unproductive immigrant population.

The rapid rise in anti-semitism and inadequate efforts to address this hatred.

Increased borrowing by the state to fund the growing social burden.

Higher sovereign interest rates due to all of the above.

The resulting need to reduce expenditures to make the math work.

Increasingly violent protests that make life less livable for the productive and law abiding citizens leading to their accelerated departure.

And so on…

[Andrew Collier @penasquit0s]

The events in La Mesa, CA in 2020 proved that California is not immune to sudden, explosive unrest when tension peaks. Whether the current economic strain leads to another breaking point or forces a massive political shift remains the defining question.

[Andrew Collier @penasquit0s]

The deepest driver of street violence is the belief that traditional channels—voting, protesting peacefully, or working hard—are completely broken and no longer produce results.

[Andrew Collier @penasquit0s]

The current unrest in Europe is heavily fueled by a cost-of-living crisis—food, utilities, and daily essentials skyrocketing while wages stay flat. Californians face the exact same daily squeeze at the grocery store and the gas pump.

[Andrew Collier @penasquit0s]

In France, youth groups and workers are rioting because they are priced out of basic housing. In California, the housing crisis is one of the most severe in the nation, with a massive portion of the population paying over half their income just to keep a roof over their heads.

[Typing... @onlyhere_x]

⚠️🔴 WATCH UNTIL THE END

I CANNOT DESCRIBE WHAT I JUST EXPERIENCED IN MARSEILLE.

[Andrew Collier @penasquit0s]

Predictably, the tweets are already flooded with hypocrite boomers taking this very seriously. "WE EARNED EVERYTHING WE HAVE!" screeches Bob from his third home, typing in all caps on an iPad his grandson set up for him, totally oblivious to the irony of his generational evil.

[Andrew Collier @penasquit0s]

To stay past 54, pass the “Generational Vibe Check,” an aggressive 7-day tribunal where they must demonstrate an understanding of inflation, convert a PDF to a JPEG without bitching, and prove they can walk into an establishment without demanding to see a manager. High fail rate.

[Andrew Collier @penasquit0s]

The dark cloud is the Age 54 Deadline. As residents hit 54, the panic sets in. They have one year to liquidate their assets, pack their bags, and accept their fate before being cast out to the dreaded homelessness swamplands of the outer rings to join the rest of their cohort.

[Andrew Collier @penasquit0s]

The Anti Villages will sleep but no classic rock cover bands playing Margaritaville at 4:30p. Afrobeats, Romin, and rare cash transactions. Fish a crumpled wad of singles out of a fanny pack or write a paper check at the grocery self-checkout - a trap door opens beneath you.

[Andrew Collier @penasquit0s]

Service workers will get peace from a lifetime of targeted exploitation. No more screaming at a barista b/c oat milk costs 50 cents extra. If a visiting boomer leaves a 4% tip b/c "the water wasn't cold enough," the Anti Villages’ smart-grid pulls the remaining 11% from their IRA

[Andrew Collier @penasquit0s]

Logistics will be clean. Imagine traffic fluidly moving because the population possesses peripheral vision and functioning reflexes. No pristine Town Cars hovering at 14 MPH with a blinking left turn signal active since Clinton, and zero left-foot braking. 🤩

[Andrew Collier @penasquit0s]

Anti Villages is refuge from normalized societal wreckage. Liberty from hollowed-out productive systems, collapsed educational standards, addiction, and exploding homelessness they ignore. They accept school shootings as baseline reality, tell us to "work harder.”

[Andrew Collier @penasquit0s]

We completely geofence. No more watching a demographic of weaponized hypocrisy vote down public goods, dismantle or defraud social safety nets, and engrain corporatism while safely cushioned by financial structures that they systematically strip from every generation below them.

[Andrew Collier @penasquit0s]

In Anti Villages housing heals fast b/c a ban on parasitic landlord class hoarding properties they bought in 1978 for a half eaten sandwich and a firm handshake. Starter homes are for starting. A "Live, Laugh, Love" sign or popcorn ceilings are immediate evictable offenses. ��

[Andrew Collier @penasquit0s]

financial systems will be scrubbed of institutional rot they spent decades cheering. The Anti Villages is done w/ the apparatus of unchecked fraud they normalized, cooked corporate accounting, predatory mortgage scams that blew up the globe and govt that robs the young of power.

[Andrew Collier @penasquit0s]

The economic architecture is revenge. They were handed a beautiful country w/ the greatest economy in history and murdered the golden goose out of pure greed. They asset-stripped their own children's future, running up unpayable national debt, debasing the currency into oblivion.

[Andrew Collier @penasquit0s]

Just learned about The Villages in FL where boomers legally ban kids from visiting past 30 days. I was inspired and asked an LLM to spin up the concept for an inverse: a diverse, under-55 maximum security sanctuary designed to escape their legacy of oblivious devastation.

[Nick Nemeth (Mispriced Assets) @NickNemo17]

I am in the top 1% of earners in the country.

10x the median wage.

If I can’t afford the worst house on the worst lot in an expensive but not the most expensive neighborhood in LA, the country is going to explode.

If you don’t want communism, you want this to change.

[Andrew Collier @penasquit0s]

Believe it when I see it: IRS Fraud Task Force to dismantle a multi-billion dollar laundering pipeline. Moving past individual scumbags, the IRS is auditing banks, MSBs, and 501(c)(3) charities used to wire stolen taxpayer funds overseas. The genesis for a nationwide rollout.

[War Correspondent @warDaniel47]

🚨 BREAKING. Scott Bessent just announced the Internal Revenue Service is launching MASSIVE AUDITS of financial institutions that facilitated the laundering of Minnesota funds.

Read that again.

Banks. MSBs. Financial middlemen.
Anyone who helped move dirty money is about to get TORCHED.

For once, the IRS is being deployed FOR AMERICANS FIRST — not against working families.

Follow the money.
Audit everything.
Prosecute whoever broke the law.

Thank you, Sec. Bessent. 🇺🇸

Do you firmly support Scott on this?

[Andrew Collier @penasquit0s]

Images of Limoges City Hall are troubling, but the sounds and crowd are what gave me chills. Raw and primal. I don’t feel like parts of California are far behind. Even ahead, and headed back. I remember bank buildings burning in San Diego County in 2020. The anger has only grown.

[Bill Ackman @BillAckman]

This is what it looks like when civilization ends.