Israel has said that paper kites flown by Palestinian children will be treated as weapons of war.
Read that again.
This is the reality of genocide: the total destruction of innocence, freedom and joy.
End all military cooperation with Israel, now.
Israeli defence minister Katz has issued a decree to execute any child flying a kite.
Don’t forget to remain silent about this!
Silence is complicity.
Silence is taking the side of the psychopaths.
Silence is taking the side of those committing genocide.
I genuinely DO NOT get the endgame. If the plan ends with a ruined planet, collapsed economies, and no working class left to spend money. What are billionaires actually hoarding wealth for? To sit in a bunker with numbers on a screen that don't mean anything anymore? Like what is the actual point? 😭
Two small island economies blew up in 2008. Iceland and Ireland. Their names differ by one letter, and their handling of the crisis differed by everything that matters.
Iceland's three big banks, Kaupthing, Landsbanki, and Glitnir, had grown assets to roughly ten times the country's GDP by 2008. Pure credit-fueled madness. When the music stopped, the Icelandic government did the unthinkable: it let them fail. Bondholders ate the losses. The state refused to socialize private bank debt onto 320,000 citizens who never signed up for it. Capital controls went up, the króna collapsed, and the politicians actually prosecuted bankers. Twenty-six of them went to prison. Sigurður Einarsson and Hreiðar Már Sigurðsson, the men who ran Kaupthing, served real sentences.
Ireland took the opposite road. In September 2008, the Irish government issued a blanket guarantee covering the liabilities of its major banks, including Anglo Irish Bank, a property-lending casino that should have been allowed to die in peace. The taxpayer absorbed the bill. By the time the rescue ended, Ireland had poured around 64 billion euros into its banks, roughly 40 percent of GDP. The state took on private gambling debts, then went to the Troika in 2010 hat in hand for an 85 billion euro bailout, and accepted years of austerity to pay for losses it had no business owning.
Both economies recovered. Both eventually grew again. The difference is who paid and who learned. Iceland made creditors and reckless bankers bear the consequences of their own decisions, which is the entire point of capitalism: profit and loss, not profit and bailout. Ireland protected the people who made the bad bets and handed the invoice to schoolteachers and shopkeepers.
You will hear economists call Ireland's GDP rebound a triumph (much of that "growth" is multinational accounting fiction, Leprechaun economics, but that's another lesson). What they skip is the moral architecture. When you guarantee bank liabilities, you abolish the discipline that makes markets work. You tell every banker in the country that downside is optional.
Iceland jailed its bankers. Ireland reimbursed theirs.
Today is Love Inishowen Day. I’m looking back at the dunes of Five Fingers Strand near Malin Head. I share a lot of photos of this place, my home where we live, work and raise our family. You’ll see a lot of our place today with its wild, beautiful heart! #loveinishowenday
Elon Musk has become the world's first trillionaire after investors piled into SpaceX during the biggest stock market debut in history.
It would take the average Irish worker more than 18 million years to earn as much as Musk's amassed fortune.
https://t.co/J13TOtO2Lc
🚨 Dutch parliament backs suspending the EU trade agreement with Israel
Will the ones with the power to sway the vote listen?
Tell Germany and Italy to follow 🇳🇱 example and back suspension: 👇
https://t.co/ZafdXAiisS
There's a lot of horrific news at the moment, but Israel performing a quadruple tap bombing on paramedics really is just an astounding example of their moral bankruptcy as a state.