BC ECONOMY
Saved by @Alex1Powell

@tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 1/ x Cc @DuncanChapple Long intake of breath as I realise I have recently started the wrong MSc....
@aj66inuk and I have been discussing that whilst the world has changed, some things have not. #Sabotage is an outdated concept unless you think that Cyber is an extension..

 @guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 2/x an extension of what our former Cold War adversaries were trying to do to us. In 1982 Duncan Campbell spelled out where adversaries would try to attack us. But with Glasnost this became unfashionable and apparently unaffordable.
https://t.co/CLLiVxTbXW
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 3/X Defector information in the public domain gave us some insights was to what the Warsaw Pact threat to our CNI might look like. Discussions with former adversaries, now Polish, (East) German and Czech allies wld be informative here.
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 4/X Believing there is a credible threat has always been our challenge here in UK. Understanding how a nation state adversary would come at us would be the next step.
It will be persistent, an adversary like the GRU will have been analysing our CNI for over 70 years
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 5/x They will have formed physical and logical plans to attack us. It some cases they may know our assets and our vulnerabilities better than we do. CARVER Shock is an old-school tool that gives an idea how they will come after us. You can apply it....
https://t.co/RIo3UjPghU
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 6 / x ... at a national level, or at a tactical level to look at a single system or site. Dont forget a nation state try to make a Sabotage attack look, deniable: like an accident, or script kiddies or organised crime
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk 7/x One you have believed in and understood the threat, then you can look back from the defender's perspective and look at where you may be vulnerable.
Thats where the BIA begins. @TheBCEye is a great place to start.
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye 8/ X Withdrawn some years back CESG's business impact level tables (long withdrawn) would be a great place to start to identify your assets. Thanks to @DegaussersEU for keeping them on-line here https://t.co/tR6zLZjWhO
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU 9/x Not only is your threat dynamic, so is your infrastructure and your business needs. For instance our pharma supply chain will be more important in 2021 than it was in 2019 and needs to be reviewed accordingly. Little of UK's CNI sits inside government....the secret sauce
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU 10/10 the secret sauce is being able to recognise the needs of business AND the needs of the nation and show where they can overlap. Applying BS11000 / ISO 44001 would be the ideal way of working together https://t.co/6w1neRDavz
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU 11/ X A final reflective point. At 6/X above I mention that in order to obfuscate attribution in this #GreyZone , a professional saboteur will try to disguise their attack to look like an accidental or criminal criminal act...... 12/ X
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU 12/ X As opposed to looking at a single risk, our protection philosophy was based on helping CNI protect against a broad range of threats:- "Disruptive Challenges" as per para 1.5 of Dealing with Disaster, from CCS in @cabinetofficeuk 3rd edition here:
https://t.co/8dFM1dzT7k
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU @cabinetofficeuk 13/ X Taking this broad risk approach allowed us to demonstrate alignment with Integrated Contingency Planning and Integrated Emergency Management.

Some may remember the great storms of 1987..... ?
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU @cabinetofficeuk 14/ X The only East Coast port that continued to operate throughout and after those storms in 1987 was the one that have invested in our #Resilience recommendations in advance. They recovered their investment in days, matched their 1986 profit in weeks!

https://t.co/mZbrUcgjlv
@guyyeomans @tazwake @DanielGDresner @ciaranmartinoxf @Tob1Leron @TheEPS1 @DuncanChapple @aj66inuk @TheBCEye @DegaussersEU @cabinetofficeuk // the one that HAD invested....

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TraderLion
@TraderLion_
Why do we track institutional footprints? 🐘 (Thread)

Large institutions like mutual funds, hedge funds, banks, insurance companies, trusts, etc. amount for over 75% of all volume. These institutions move the market, not you and I.

It makes sense that if these guys are moving the markets, we would ideally want to buy the same stocks they are buying, but before they buy them? Right?

So, let’s get a clear understanding of how and why this is so important and what this might look like behind the scenes.

For starters, let’s discuss what we mean by a large institution. In this case, we are referring to the many funds, pensions, trusts, etc. that are responsible for managing tens, if not hundreds of billions of dollars.

Hence, they easily attract and can afford to retain the planet’s top talent, not to mention, their research budgets are enormous.

They have access to information and resources that the retail crowd simply does not, and if they did, it would likely be extremely unaffordable.
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Pavlina R Tcherneva
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$600/wk Unemployment Insurance cannot deliver the benefits of a $600/wk Job Guarantee. From the outset, I should say JG is not a replacement for UI, no matter what you may have heard. I’ll get to this later, but read this long 🧶 w/ that in mind.


Automatic stabilization: Both $600/wk UI and JG will provide counter cyclical spending. But UI will be weaker. Counter-cyclical stabilization is not just about the absence of income. It is also about the transmission and structure of economy

Firms don't like to hire the unemployed. Mass and long-term unemployment make the problem worse. JG would recover labor markets much faster than a UI of the same amount, both b/c of the higher direct, induced & tertiary employment effects & b/c of private firm hiring preferences.

JG stabilizes spending patterns better. Uncertain job prospects may mean more cautious spending from the unemployed compared to those w/ guaranteed jobs.
UI is temporary, which makes matters worse. Even if it were permanent, it still won't resolve the problem of job scarcity.

Nations who once achieved tight full employment through active labor market policies demonstrate that unemployment does NOT fluctuate the same way it does w/o them. Direct employment, ELR type policies diminish drastically/even eliminate these amplitudes (eg postwar Japan/Sweden)
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Nick Hanauer
Nick Hanauer
@NickHanauer
Long rant: So earlier today, I got into a spat over the $15 minimum wage with @JamesSurowiecki and @noamscheiber. Because this disagreement over whether there is a mechanical relationship between raising wages and less jobs is incredibly consequential, I wanted to say more.
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Moondeer
Moondeer
@kelleydawg
Wait … so … how much worse could the pandemic response and unprecedented death rate get?

How much farther shall our economy crater?

I wonder what it will feel like to get better.

I wonder what it will be like for things to get better after being arguably as bad as they have ever been.

Wait … sooo … were things this bad in 2016?

Wait … things were good? After eight years under a democratic administration?

Huh.

I wonder how all those falsehoods will play after things start to get better.

I wonder how many full fledged COVID deniers will finally encounter this deadly pandemic.

I wonder if red states will continue to suffer needlessly under Trumpian COVID policies.

I wonder what the recovering blue states will look like from those red states.

I wonder how much aid these red states will require from said blue states.

And I wonder what it will feel like to those red state constituents when the aid forced upon them makes things a bit better?
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Ricardo Reis
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** MMT is the new supply-side economics
Forty years ago, some economists started from an uncontroversial (but important) result: a lower tax rate raises the tax base, so revenues won't fall as much. But then they ran with it, predicting tax rate cuts could raise revenues.

1/13

The 80s supply-siders went to the limit and came up with a motto: lower taxes will lower deficits as a norm, not an exception. Many economists shouted this was backwards. It was an implausible limit case. Textbooks called them "charlatans and cranks" or "silly".
2/13

In 80s debates, supply-siders would often fall back to "you don't understand me", repeating "Laffer curve!" endlessly, or stating vacuous accounting identities about how the government collect taxes. Their extreme prediction was repeatedly proven wrong by theory and data.
3/13

But they had popular hero figures (Laffer, Moore), and an eager political audience that would use any argument to cut taxes. Eventually, they inspired new good research, and helped in swinging the pendulum of policy debates to include some valid supply considerations.
4/13

Yet, supply-side economic ideas also contributed to a massive rise in US public debt in the last 40 years. Right-wing governments became as prone to have large public deficits as left-wing governments, in the pursuit of cuts in taxes.
5/13
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From today, we will memorize the names of 27 Nakshatras in Vedic Jyotish to never forget in life.

I will write 4 names. Repeat them in SAME sequence twice in morning, noon, evening. Each day, revise new names + recall all previously learnt names.

Pls RT if you are in.

2

Today's Nakshatras are:-

1. Ashwini - अश्विनी

2. Bharani - भरणी

3. Krittika - कृत्तिका

4. Rohini - रोहिणी

Ashwini - अश्विनी is the FIRST Nakshatra.

Repeat these names TWICE now, tomorrow morning, noon and evening. Like this tweet if you have revised 8 times as told.

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Today's Nakshatras are:-

5. Mrigashira - मृगशिरा

6. Ardra - आर्द्रा

7. Punarvasu - पुनर्वसु

8. Pushya - पुष्य

First recall previously learnt Nakshatras twice. Then recite these TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet only after doing so.

4

Today's Nakshatras are:-

9. Ashlesha - अश्लेषा

10. Magha - मघा

11. Purvaphalguni - पूर्वाफाल्गुनी

12. Uttaraphalguni - उत्तराफाल्गुनी

Purva means that comes before (P se Purva, P se pehele), and Uttara comes later.

Read next tweet too.

5

Purva, Uttara prefixes come in other Nakshatras too. Purva= pehele wala. Remember.

First recall previously learnt 8 Nakshatras twice. Then recite those in Tweet #4 TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet if you have read Tweets #4 & 5, both.
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@FionaPearman @ScottMorrisonMP Morrison is our statue of unempathic neoliberalism - erected by evangelical and corporate Australia to celebrate their victory over compassion, equality and secular humanism. 

Hopefully it gets pulled down like the statues of dubious heroes of oppression from an earlier age.


@ScottMorrisonMP The two-party-preferred system in 
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@ScottMorrisonMP My collapse of faith in our democracies isn’t an accident. It’s one of the central victories of the neoliberal project, delivered through two generations of privatisation, outsourcing and deregulation, underfunding of government services (locked in by tax cuts),...

@ScottMorrisonMP restricting freedom of information, targeting whistleblowers and raiding the media who report on them, delegitimising and gagging public interest advocacy, and criminalising protest.

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Naval
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How to Get Rich (without getting lucky):

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
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Vibhu Vashisth
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THE LESSER KNOWN MAHARANA OF MEWAR:RANA KUMBHA
Kumbalgarh Fort is one of most spectacular sites of India,atop a hill abt 3600ft above sea lvl in the https://t.co/LkjmzzBhE2's second largest wall is surrounding it.A fort wall second only to Great wall of China,still not so famous.


This longest wall of India stretches to almost 36Km and encompasses a few hills, many step wells and over 360 temples and palaces. Birth place of the Great Maharana Pratap, this fort is named after another Great Maharana of Mewar, who is not given his due in the History.


Builder of many architectural marvels like the Kumbhalgarh Fort, an erudite scholar, a patron of arts, music, culture & a great warrior was the Great Maharana Kumbha. Yet we don't know much about him. Let's get to know him a little.


Maharana Kumbha was the undefeated King of Mewar from 1433-1468CE.He never lost any battles &kept Mewar out of the reach of Islamic Invaders till the time he was alive. Born on Makar Sakranti to Maharana Mokal & Saubhagya Devi, Rana Kumbha was only 13 when he ascended the throne.


His father was killed by his own relatives in a political conspiracy. He was a powerful King about 8ft tall &charismatic personality,a hardcore Hindu Rajput who could shed his life for Hindu honour without thinking twice.He was an ardent skillful warrior who never lost a battle.
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