Reservation reforms like One Family, One Reservation and One Time Reservation are the need of the hour.
Thank you, @ARanganathan72 Sir, for highlighting this.
Video credit: @rjraunac
See, the government has to clearly state its stand. Thanks to the rain gods, our dams are full and water has flowed naturally. But water management will remain a year-round challenge for the Karnataka government.
Both governments are led by the Congress, in Tamil Nadu and Karnataka. We will have to see how effectively D.K. Shivakumar stands up for Karnataka's interests and safeguards the state's rightful share of water.
@DKShivakumar@BJP4Karnataka
Yes, we are past the point of no return.
When debt service payments squeeze out spending, it is like plaque in the circulatory system squeezing out the flow of blood. It is the same kind of thing, and it can be measured. We are seeing that happen right now.
There is also a supply and demand issue. A budget deficit means that debt has to be sold. We can see this happening in the bond market—bonds have been a bad investment, and there is pressure on interest rates and borrowing.
This dynamic is happening, but people are treating it like it hasn't happened before. They don't understand that, just like plaque in the arteries, the debt builds up and they have that exposure.
@RajeevRC_X@AmitShah Been saying for many years he deserves Bharat Ratna. We need to circumvent all rules, legislation to make it. He's the original ratna !!! @PMOIndia
@RahulGandhi - ego so fragile that you couldn’t take few videos on you…
When are you going to issue apology on them and take the FIR back ? Ironically your party members (@SupriyaShrinate ) are backing those abusive students but they couldn’t take this ??? How many faces do you all have ?
It seems they're going all-in to crush retail shorts against the Japanese Yen here.
Three separate interventions all within a few hours of each other.
The last few times the Bank of Japan intervened to defend the currency, the market immediately went back to shorting it within a matter of hours.
This time, it's almost like the central banks are spreading out their intervention efforts in order to repeatedly liquidate the short sellers and create a hot stove mentality.
"Don't jump in and short this thing or else you're going to get burned."
This can work for hours, days, and even weeks and months, but it cannot work in perpetuity. The same forces that drove the Yen to 164 are going to resume course the moment this coordinated central bank intervention effort finishes because none of the fundamentals have changed.
Japan is still on track for a sovereign debt crisis and the Bank of Japan still cannot raise interest rates much further. And without rate hikes, the Yen is going to continue to evaporate.
Ken Griffin don't give a fuck about AI
This is what a real investor fucking looks like...
Ken Griffin, CEO of Citadel, said AI is slop.
They bring him AI-generated industry reports, and they're complete trash, which is why he thinks AI is garbage.
Yet today he made hundreds of millions of dollars on AI infrastructure stocks.
This man is literally the definition of the Wolf of Wall Street.
🚨 The US Treasury is stepping into the currency market to defend the yen.
Reports suggest it has informed banks that it may intervene by selling dollars and buying yen.
This is far bigger than a normal Japanese currency intervention.
The real question is: Why is the US Treasury getting involved in defending the yen?
Because if yen depreciation continues, the BOJ may eventually be forced to raise rates abruptly. That could trigger a violent yen appreciation and force the unwinding of massive yen-funded carry trades.
The sequence is simple:
Rapid yen depreciation → BOJ forced to hike → yen surges → carry trades unwind → global leverage gets liquidated.
That liquidation would not remain limited to Japan. It could spread through equities, credit, crypto and every market supported by cheap yen funding.
My conclusion:
They are using currency intervention to buy time and delay aggressive BOJ rate hikes.
This may be the biggest indication yet that policymakers are genuinely afraid of a disorderly carry-trade unwind.
They are not merely defending the yen.
They are defending the global leverage built on the yen.
"My first husband stripped me naked and threw me and my daughters out of the house. Neighbours wrapped me in a quilt and my parents took us away. As I hold this gold medal in Glasgow, my message to every woman in India is to fight back against abuse."
https://t.co/LDRr8meTC1