Wow. Wow wow

Riley J. Williams is charged in the Capitol riot.
She allegedly stole a computer from @SpeakerPelosi’s office, & now @FBI is investigating a tip that she intended to send the computer to a friend in Russia who’d sell it to Russian intelligence.
Williams appears to have “fled”.

From the affidavit against her: Riley Williams’ former romantic partner called the FBI several times in the days following the riots to report that they had seen her in videos inside the Capitol, but friends of Williams had shown the tipster a video of Williams taking a laptop...

... computer or hard drive from Speaker Pelosi’s office. The witness told the FBI that “WILLIAMS intended to send the computer device to a friend in Russia, who then planned to sell the device to SVR, Russia’s foreign intelligence service...”

“... but that the transfer of the computer device to Russia fell through for unknown reasons and Williams still has the computer device or destroyed it. “This matter remains under investigation.”

Williams has appeared to have fled, she packed a bag & did not tell her mother where she was going but said she would be gone for a couple of weeks. She has changed her telephone number & deleted what are believed to have been her social media accounts on Facebook, Instagram...

1) I have a theory on what’s happening in DC right now. Keep in mind, we’re in unprecedented times. To my knowledge, there has never been a time where foreign powers have infiltrated every level of government in the US, down to the State level.

In LEFT TO DIE, we document how families of the disappeared face a negligent and hostile Border Patrol search and rescue response system.

Lacking adequate government emergency services, many seek help from aid groups.

Border Patrol routinely obstructs these efforts. 🧵⬇️

Families often receive urgent calls from loved ones who are lost and in distress in the U.S.-Mexico borderlands, or from an eyewitness who was with them in the desert.

These calls can contain crucial details regarding the person’s location and medical condition.

Faced with an inadequate and discriminatory emergency response system controlled by Border Patrol, family members take on the monumental work of acting as emergency first responders.

Here’s a partial list of actions family members have taken to locate their missing loved ones...

1. Repeatedly calling police, Border Patrol, ICE offices, hospitals, detention centers, morgues, immigration attorneys, non-profits, and news outlets.

2. Taking out missing persons ads, putting up posters, searching and posting on the Internet, in hopes of hearing word of their loved ones whereabouts.

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While debt-to-GDP ratios already have a limited but very misunderstood use, it seems economists are finding bright new ways of misunderstanding them. Now we say that when nominal interest rates are lower than nominal growth rates, the

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downward pressure on the debt-to-GDP ratio makes rising government debt and larger government deficits more sustainable and more easily justified.

This is totally confused. When the nominal interest rate is lower than the nominal GDP growth rate, it only means that net...

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borrowers are getting a disproportionate share of growth relative to net lenders. This in and of itself changes the comparability of the debt-to-GDP ratio, so the fact that the ratio may decline tells us nothing about its sustainability which, I'm glad to say, isn't...

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a mistake Olivier Blanchard makes in this article.

At least three things matter. First, whether or not rising debt is sustainable depends almost wholly on underlying conditions in the real economy, and only trivially on the arithmetical relationship between...

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the interest rate and the growth rate. Second, this approach simply assumes away financial distress costs, in which case debt capacity is infinite anyway and the interest rate becomes irrelevant. And third, it assumes that the nominal debt level matters independently...