BC ECONOMY
Saved by @CodyyyGardner

1/18 Further thread on Air Policing in peacetime and implications for Irish foreign policy: there are so many different options available for air policing on the market that to go into all of them is unrealistic and ends up in a 'top trumps' style contest. @BerryCathal @donlav

 2/18 That’s before you get to the whole argument about twin engine vs single engine safety overwater argument. For now, it’s enough to put forward the options in broad outline.

Option 1: Surface-to-Air missiles only

This option is included because there’s always someone...
3/18 ...who will say ‘just get missiles’, because they think that this will be somehow cheaper. Modern long-range surface-to-air missile (SAM) systems, however, are not significantly less expensive than fighter jets. They also have an issue in how many times you can use them.
4/18 They have an even bigger issue in that your solution to what may only be an airliner with a broken transponder is to blow it out of the sky.
@ConorHogarty @mupper2 @kevpipps
5/18 While there are many good reasons why the @defenceforces should upgrade its SAM capability, these are largely related to the blended warfare now being rolled out globally with the increasing use of basic drones and larger unmanned aerial systems. @conormlally @RuthMCasey
6/18 In summary: long range SAMS are not suitable for use as the primary component of a peacetime air policing system. If someone proposes this as a realistic option, just walk away without turning your back on them. @KeohaneDan @jjsalmo @LiamCahill2013 @JohnMooneyST @SeanFionn
7/18 Option 2: second-hand equipment

Having established that we probably don’t need a top of the range stealth fighter to achieve the goals we’ve set out. How about something second-hand? @tchukstr @koceallaigh @CllrPioSmith @beaufortcomment @DavidBa8976 @dsmooney
8/18 For the primary radar, maybe. It’s certainly not subject to the same stresses as a fighter jet. For the aircraft itself, we would say no. With all aircraft, the real money is not in the capital outlay, it’s in through life support. @chrisrdonoghue @LauraMcGonigle
9/18 What that means is that if you buy an ageing fighter jet from someone else, it’s likely going to be several generations old in technological terms. That means you have to ask: does it still have support from the original manufacturers? @K_Kourousis @AirworthinessG @DFPRB
10/18 Are some of the parts still in production anywhere? Bear in mind that some of the most modern aircraft out there have had issues in sourcing microchips that went out of stock since the aircraft were designed. @spg104 @Ros_Aodha @GorseFires
11/18 Older machines are always heavier on maintenance per-flying-hour as well and in the initial few years, Ireland would have to do more flying than most to build up its organisational experience, doctrine etc. You could end up buying very expensive hanger ornaments.
12/18 The informed view is that while the sticker price might be lower, you may very well not get value for money on a fleet of second-hand aircraft as your first modern fighter purchase.
@GCraughwell @John_McGahon @malcolmbyrne @gabmcfadden @MarkWall1 @lichamber @jackfchambers
13/18 Option 3: buying brand new

This is usually the bit that people look at when they say ‘it’s too expensive’. The capital outlay for a new fighter is large, no doubt about it. As an initial outlay, it can easily run into multiples of the Defence Budget in total. @johnbradysf
14/18 Even assuming paying the costs over years, it would still stretch the coffers, however the aircraft could last for up to thirty years. @SorcaClarke_TD @GaryGannonTD @lawlessj @BrianLeddin @davidstantontd @BrendanSmithTD @MattShanahanTD @slandail_nssi @kforfitz_Wayne
15/18 Certainly an option, but if you are buying something to last that long, you should be buying from the top end of the scale so that at the end of its life, it’s still reasonably capable. This then pushes up the cost again… @KennethMcDonagh @seandanaher5 @OrlaithCarmody
16/18 Option 4: can’t someone else do it?

This is the option favoured by the Baltic States and Iceland, whose airspace is policed by @NATO.

And by Ireland too, since our airspace is effectively policed by the UK, a NATO member (ref @UKDefJournal).

https://t.co/j0VrwtUCeR
17/18 If you’re wondering if this impinges on our neutrality, you’d be correct as it doesn’t fit with our stance on the inviolability of our national territory. Undoubtedly, the airspace above our country is part of that territory. @CharlieFlanagan @dfatirl @McNamara_Eoin
18/18 While not meaning to have a go at the UK in any way – there’s a flight safety risk if the service isn’t there – it does raise a real sovereignty and foreign policy issue for the State, regardless of which external party supplies the capability. (with thanks @declan275)

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Shravan Venkataraman \U0001f3a1
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Interpretation of Financial Statements - preliminary filters.

1. Looking for sustainable competitive advantage:

When looking for sustainable moat, you wanna see consistency - in earnings, in having low debt, in having growing earnings, low spending in capital expenditures, etc.

The longer the company has existed, and if it sells you the same product for years (like Coca Cola), it reduces production costs and other costs (R&D, Training, marketing) slowly as the company ages.

When costs are reduced, margins and profits increase.

2. What to look for in an income statement:

Let's take a look at Apple:

i) You want to see earnings grow at a steady pace. Take a look at the net income below.


ii) Another thing that's important is a consistent and high gross margin.

As a thumb rule, Warren Buffett wants to see a gross margin of around 40% or above.

Although not quite 40%, it's around that range with respect to Apple.


Compare this to Apple's competitors.

Samsung's gross margins are around similar range, highest being 45.7% in 2018, and Huawei had a gross margin of 38.6%.
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Jawwad Farid
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1/ Unit economic for founders thread.

Despite being a founder and a student of the subject, I missed out on a key point growing up.

Length of relationship with your customers, order frequency, product usage and utility matter.

They didn't teach me this in business school.

2/ Structured right, products used daily vs weekly vs monthly vs yearly lead to different profitability and scalability paths.

Quiz. Which business would you pick?

a) Enterprise software - US$ 250k one time license
b) Enterprise software - US$ 30k/month recurring subscription

3/ Sound's obvious? Which one did you pick?

Twice in my life I picked A. They were both great businesses, but they didn't compare to B. Especially in the long run.

Looking back, with hindsight, I know I should have picked B.

Why?

4/ Bringing in customers is hard.

When those customers leave after a few orders, your investment in that relationship is written off.

But it is not just about the relationship or investment. It is also about scale.

What are the easiest ways to scale a business?

5/ Think about it?

a) Get more customers - acquire
b) Get existing customers to order again - retain
c) Increase order size - up sell
d) Increase order frequency - cross sell / new use case
e) Get existing customers to get you new customers - referral

(b) to (e) are free.
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Richard Murphy
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As some will have noted, there were a lot of reports yesterday on the fact that £50 billion of banks notes are missing in the UK economy. This got me thinking. And as a result I have to suggest that finding that £50 billion of cash would not be hard. Here’s how to do it.

As the Public Accounts Committee of the House of Commons has noted, around £50 billion of banknotes in issue have no explained use. In other words, they do not appear to be used for regular cash transactions. What their alternative use might be is not known.

Some could be in the possession of tourists, who have not bothered to exchange them on leaving the country. But the amounts involved would be small.

A bigger sum might be cash savings under the proverbial mattress. This is entirely plausible. It is possible that some of this will be related to benefit fraud: the amount of savings a person has can have a significant impact on their ability to claim a number of benefits.

There is no doubt that a significant part of this money Is used within the shadow economy. That can cover activity where tax is evaded, of course. But it also includes drug dealing and many forms of human trafficking and abuse.
ECONOMY
artisanal fun-ruiner
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@makokaazo
"if you demand more pay, we will replace you with robots" is not a reason to pay people less than it costs them to work for you, it is a reason to have your corporation taken over by the state, or dismantle an unwilling state and rebuild one that does.

corporations and governments are out here accelerating your deaths so they can monetize your remains while some of you assholes go "well $15 is too much"

$15 was insufficient 20 years ago, and it's insufficient now. pay people enough to feed their babies or they will kill you.

if people have nothing left to lose they will act like people with nothing left to lose

i cannot make it clearer than this

capitalism only "works" if you have enough police per so many thousand desperately poor individuals.

capitalism only "works" if you employ enough human beings to be the face of your blatant exploitation.

go ahead and automate and watch how fast people sabotage your shit.

if your government does not keep you fed, healthy, and safe, it has no reason to exist.

government - leadership of any kind, tbh - only exists to centralise the management of common needs, so we don't all have to individually scrabble to survive every day, on our own.
ECONOMY
Linda\U0001f3f4\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f \U0001f499#Notmybrexshit #ProEU \U0001f1ea\U0001f1fa
Linda🏴󠁧󠁢󠁷󠁬󠁳󠁿 💙#Notmybr...
@lindaarella
"Hello, IT? My economy has stopped working."

"Have you tried -"

"Yes."

"Okay. Check settings. What does it say under software?"

"Compatible with EU membership."

"Do you have that?"

"I just uninstalled it."

"Er - Why?"

"Honestly, I can't remember. Something about fish?"

"Is your fish industry running okay?"

"No, actually that was the first app to crash."

"You see, that one really needs the EU platform installed."

"Really? But my mate told me fishing would run better without it."

"He sounds confused. Can you reinstall your EU app?"

"What about this app my mate gave me instead? It's called Sovereignty 45."

"Mate, don't touch that. It's malware. It'll reduce your economy down to the levels of 1945."

"But those were the glory years! Weren't they?"

"Mate, when were you born?"

"1960. Why?”

“You have also installed the Hostile Environment firewall which is limiting the capacity of other systems”

"But my mate said those things stop viruses."

"Is your mate's name Nigel by any chance?"

"Yes! How did you -"

"Another wild stab. Those aren't viruses, they are EU workers, and they are vital to the smooth running of your systems."

"But I clicked on a pop-up that said it would get rid of them all for me."
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महाभारत की कहानी कौन नहीं जानता।लेकिन क्या आपको पता है कि महाभारत के ज्यादातर पात्र किसी न किसी श्राप में फंसे थे।अगर ये श्राप न होते तो कदाचित महाभारत की कहानी कुछ और होती।हिन्दु पौराणिक ग्रंथों में विभिन्न श्रापों का वर्णन मिलता है व हर श्राप के पीछे कोई कहानी अवश्य होती है।


आइए आज जानते हैं महाभारत कथा में वर्णित कुछ श्रापों के बारे में।

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जब राजा ने उन्हें देखा तो बहुत दुखी हुए कि ये मुझसे क्या पाप हो गया।बहुत क्षमा याचना के बाद भी किन्दम ऋषि ने पाण्डु को श्राप दे दिया कि जब भी वो किसी स्त्री को काम भावना से स्पर्श करेंगे उसी क्षण उनकी मृत्यु हो जाएगी।पश्चाताप करने, वे सिंहासन पे अन्धे राजा धृतराष्ट्र को बैठाकर...


..स्वयं अपनी रानियों कुंती व माद्री के साथ वन चले गए।पांडवों का जन्म भी कुंती को ऋषि दुर्वासा द्वारा दिए गए मंत्र से हुआ था जिसमे किसी भी देव का स्मरण कर उस देव से कुंती,पुत्र प्राप्त कर सकती थी।एक बार माद्री पे मोहित हो जब पांडु ने उसे स्पर्श किया,उसी क्षण पांडु की मृत्यु होगयी।


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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Yoga Ramar Temple
#Nedungunam
#TamilNaduTemples 🚩

Yoga Ramar Temple is located near Thiruvannamalai. Shri Rama is seated with eyes closed, without any weapons. Mata Sita  pointing to the feet of Rama telling that  everyone is safe at his feet. Lakshmana standing near Shri Rama


Hanuman is seen chanting Vedas obediently sitting before Shri Rama.

Sthala Puranam says that, Sukabrahma Maharishi had been doing Tapasya here, for the darshan of Sri Rama. Prabhu Shri Ram, pleased with his tapasya, came here after Rama Ravana yudham. Since Rama was returning


after the war, he did not have any weapons with him.

Another gopuram called Kili Gopuram is there for Sukabrahma Maharishi. There is a hill nearby called Dheergachala. According to Sthala puranam, Sri Padham of Prabhu Rama are found on the top of the hill


It is said that this is the place where Shri Rama gave darshan to Suka Maharishi. Nedumgunam means which shows all qualities of Shri Rama who is Maryadha purushottam. Shri Ramanavami is very famous here.

Jai Sri Ram
🙏🕉🙏
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Stan Lee’s fictional superheroes lived in the real New York. Here’s where they lived, and why. https://t.co/oV1IGGN8R6


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Tying Marvel’s stable of pulp-fiction heroes to a real place — New York — served a counterbalance to the sometimes gravity-challenged action and the improbability of the stories. That was just what Stan Lee wanted. https://t.co/rDosqzpP8i


The New York universe hooked readers. And the artists drew what they were familiar with, which made the Marvel universe authentic-looking, down to the water towers atop many of the buildings. https://t.co/rDosqzpP8i


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HORANADU ANNAPOORNESHWARI, CHIKMAGALUR (KAR)
#bharatmandir

Annapoorneshwari is the Devi of nutrition and food. The literal meaning of Annapoorneshwari is “Feeding one and all”. Anyone who comes here is offered meals and shelter within the premises.
@LostTemple7


Maharshi Agastya is believed to have done pratishtha here.

Once, Shiva and Parvati had an argument. Shiva declared everything in the world including food to be Maya or illusion. To prove him wrong, Devi Parvati disappeared resulting in entire Earth becoming still.


Taking pity, Devi appeared as Annapoorna and relieved everyone.
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Shiva went everywhere and asked for food but the skull was never full. He finally came here and Maa Annapoorna filled the skull with grains and reversed Shiva’s curse.

It is believed that who ever visits Devi Annapoorna here will never be without food in their lives.
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