Daron Acemoglu blasts The Economist over their bizarre critique of him: “Your central verdict that I am 'oddly unconvincing' rests on unnamed economists revealing their true opinion of me over a few drinks. No persons who have been offered drinks to get to this truth are named. Would you publish a letter asserting that, over a few drinks, most people tell me that your newspaper is no longer worth subscribing to? The only person quoted with such views is a blogger, Noah Smith, a thin basis for judging a lifetime of academic work [...] If this is the best you can do with a body of work spanning 33 years, then it is your critique that is 'oddly unconvincing.'”
We hebben geen watertekort. We hebben vooral een probleem met hoe we ermee omgaan. Slechte organisatie, technische achterstand en onvoldoende gebruik van oplossingen die allang mogelijk zijn. Het watertekort is vooral het gevolg van onze eigen nalatigheid. https://t.co/fzphYgnf6I
Disgusting: 🇺🇸🇻🇪 The US is confiscating Venezuela’s gold from the UK bank.
All of Venezuela's gold reserves, totaling 31 tons, which are held at the Bank of England, will be transferred to the United States, per EL Nacional.
The value amounts to $4 billion, resulting in the loss of Venezuelan sovereignty over the resources.
It's all disgusting🙏
BREAKING: 🇺🇸🇻🇪 The US is confiscating Venezuela’s gold from the UK bank
All of Venezuela's gold reserves, totaling 31 tons, which are held at the Bank of England, will be transferred to the United States, per EL Nacional.
The value amounts to $4 billion, resulting in the loss of Venezuelan sovereignty over the resources.
🚨 Sam Altman: "It will be a perfect surveillance state."
The CEO of OpenAI is warning about "no privacy,
no agency, no freedom" and perfect surveillance...
But sure…
Keep calling the people who've been sounding the alarm for years “conspiracy theorists.”
🚨 WARREN BUFFET WARNS THAT THE US DOLLAR IS ON THE BRINK OF TOTAL COLLAPSE
He’s sitting on a record $380 BILLION IN CASH, not investing a single dollar because he says the stock market has turned into a CHURCH WITH A CASINO ATTACHED and he no longer understands what’s happening.
“I understand fewer of the businesses as a percentage of the whole than I did 10 years ago.”
When asked if a catastrophic market crash is coming, he chillingly replied:
“IF YOU SAW IT COMING, IT WOULDN’T HAPPEN.”
This is the same man who built Berkshire Hathaway into a $1 trillion empire… and now he’s preparing for the worst financial disaster of our lifetime.
He effectively warned about creditors losing confidence on the U.S. Treasuries.
And guess what…
Yuto also revealed that Bank Of Japan discussed a worst-case scenario where dollar loses its reserve status due to loss of creditor’s trust.
Japan dumping their U.S. Treasuries holdings would trigger that catastrophe.
When you live in a society where billionaires get free food and homeless people are left to starve, you should really re-evaluate that society's morals and goals.
Forget "girl math" and "boy math." America's running on billionaire math.
They own yachts that have yachts. They leave Earth just to feel something. They buy art they don’t like and tout books they don’t read and play God with things they don’t comprehend. Above all, they live by their own set of rules.
There is a crude but undeniable logic to the rise of the American Oligarchy. As @timothypmurphy argued in a cover story for the magazine earlier this year, decades of deregulation, concentration, opportunism, and no small amount of generally-quite-legal corruption have allowed a small group of people (mostly in Silicon Valley) to control an ever-greater share of the economy and bend the political process toward their own ends. Money begets power begets money. It’s why, laid out on the page, the net worths of the world’s richest men currently look like they’re heading toward orbit.
Speaking of orbit, gravity doesn’t really exist in the same way when you’re an oligarch. If you built a car and it kept catching on fire, you would have to stop making cars. If your products drove people insane, they would be taken off the shelves. If you did a Hitler salute, people would probably just call it that. If you were responsible for hundreds of thousands of deaths, you would be ostracized from polite society, and maybe even CNBC. If you invented the Metaverse, people would stop asking you to invent more things. And if you didn’t pay taxes, dear reader, you might eventually go to prison.
It’s this alternative physics that gives the American oligarchy, at this particular moment, its uniquely off-putting funk—a sense that, beyond all the hockey-stick wealth charts, the centibillionaires of Silicon Valley can pursue whatever bored or perverted or maniacal project they want without fear of censure or even market correction. Time and money just don’t mean the same things they do to the rest of us. Laws become more like suggestions. Deadlines aren’t real. Or at least: They don’t have to be.
Welcome to Billionaire Math, a video where we make sense of the things that don’t make sense about the world’s ruling class.
Reporting by Tim Murphy
Video by Peter Berger
The most accurate articles in English about the US are now being published by the British press: Financial Times, Guardian, Telegraph, BBC.
The represent different views but they all publish the truth that is now dangerous to publish in the US because of Trump's retribution.
Sander Schimmelpenninck heeft gelijk. Ik zal wat data ter onderbouwing geven:
Huishoudinkomen van agrarische gezinnen ligt duidelijk boven het Nederlandse gemiddelde (rond € 80.000–€ 90.000 besteedbaar inkomen in recente jaren), en armoede onder boeren is laag (minder dan 1%).
De gemiddelde boer heeft een balanswaarde van €4.600.000 euro en een eigen vermogen van €3.600.000 euro.
En een solvabiliteit van 79%.
Wat ik, net als Sander, dus echt niet snap is dat nu net de onderkant van de sociaal-maatschappelijk-economische ladder hiervoor in de bres springt.
Toegift: ruim 90% van de boeren heeft vandaag niet gedemonstreerd en ziet dit als een zwarte dag voor deze beroepsgroep.
Tot slot: verlaag je niet tot het veroordelen van alle boeren. Het gros wil hier niets mee te maken hebben. De demo bestond voornamelijk uit intensieve veehouderij.
Dat is slechts 9 procent van de boeren.
Wat een ontroerende waarheid. Het raakt je in al je zenuwen. Scherder: 'Niet omdat Israël het Jodendom is, maar omdat Israël het Jodendom niét is.'
❤️🌹
BREAKING: President Trump has raised more than $800 million since returning to office, with his fundraising team reportedly telling corporations and wealthy donors, “The boss wants this money.”
According to a new report, companies seeking action from the administration have been asked for checks as large as $50 million, with some donors receiving extraordinary access to the president.
The thing about Sanchez is that he is focused on managing the problem not managing the news cycle.
I have a lot of confidence that behind the scenes Spains Diplomatic Core are hard at work to get every EU country to remind Morocco that if they face a choice between Spain and Morocco, they will choose Spain.
Long time Sanchez watchers will know that he prides himself on not being provoked (apart from one famous open letter). So the dramatics will be left to Abascal and Feijóo.
Expect most of the the migrants to go back to Morocco and Spain to get an EU package of measures in place to make it clear to Morocco what will happen if they do not police their side of the border.
In Ceuta komen normaal gesproken juist heel weinig migranten binnen. In 2025 waren het er een paar honderd. Dus moet je je afvragen wat er nu opeens is veranderd. Dat is een actie van Marokko, niet van Spanje. Zeggen dat Spanje de grenzen niet beschermt is echt onzin.