Discover and read the best of Twitter Threads about #consumption

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The Weekly Recap (12.06.23 ~ 16.06.23) 🧵

Missed out anything from a week full of #Macro & #Markets? Don't worry - we got you covered.

Below we share all the updates & opinions threads from last week. Make sure to follow @prometheusmacro for much more.

#MacroMonday #market
1. We kicked off the week with our CPI Preview, highlighting the importance of keeping an eye out for the #used cars and #shelter prints.

2. This was followed by an in-depth analysis of the #fiscal impulse. Overall, our assessment suggested that government #revenues continue to paint a picture of weak private sector conditions.

Read 9 tweets
On Business #Sales

1. While #households create most of the spending in the economy, businesses engage in investment and employment to generate profits. Therefore, sustained #consumption is contingent upon companies using labor to create output. Image
2. Typically, when output has declined, employment has followed suit. We show this in the visualization above.
3. In the visualization presented in 1. we show howe show how periods of decline in real business sales (i.e., business output) create pressure on employment growth. Every period of protracted contraction in real sales has resulted in an eventual contraction in unemployment.
Read 18 tweets
It's impossible to retweet this too many times.
- The #RoadOfDeath And a #DarkPlace | Apr 8
@POTUS @vonderleyen @ZelenskyyUa Image
@POTUS @vonderleyen @ZelenskyyUa #Rand Co | Jan 25
- 'The key objective described in the doc is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent'
- The entire #EU #economy will #collapse
Read 13 tweets
The Circular Economy model is one that requires organisations across the value chain to explore adopting #disruptive #technologies based on improving asset life; adopting mechanisms for reusing, repairing and remanufacturing in the production process.…
The aim of #circularity is to put back into the system everything relating to #production #distribution and #consumption in order to extract as much value as possible from the #resources and #materials we utilise.
The Circular Economy can be considered as an enabler to achieving overall #sustainability in our #economy
Read 6 tweets
#EU #buildings #directive in turmoil amid push for #hydrogen #heating | 15:38
- Heating in buildings is a key driver of #energy #consumption in Europe, where it is responsible for more than a third of the EU’s greenhouse gas output.…
#HydrogenHeating - Sort of...
#Hindenburg Disaster - Real Footage (1937) | British Pathé | 24.3.2016
- Footage of the #German airship catching fire, crashing and burning to the ground:
#Italian politics threatens to #torpedo #EU #buildings #directive | Jan 23
- Italy’s antipathy towards the EU’s buildings directive has once again #flared up.
“We will oppose it, in the name of #commonsense and realism, as a govt but above all as Italians…
Read 4 tweets
"We can expect a travel boom after the #COVID pandemic in China's tourism industry, but that may have little to do with travel agencies as consumer habits & travel modes have changed," said Zhou Weihong, head of Shanghai Chunqiu Int'l Travel Agency.…
China's annual Central Economic Work Conference held in Beijing from Thursday to Friday noted that China's economic performance in 2023 is expected to witness an overall recovery and improvement.
Among many tasks, expanding domestic #demand was highlighted as a priority by the conference in order for it to play a larger role in driving economic growth, & forming new #consumption scenes was mentioned as one of the main work to fully tap the potential of the domestic market
Read 4 tweets
Check out our today’s paper edition on… Image
Amid concerns over global economic activity and reduced cross-border trade, Indonesia has posted another solid GDP reading, setting the country apart from many others ahead of the Group of Twenty (G20) Summit. #gdp #q3 #indonesia

Read more:… Image
United Nations chief Antonio Guterres warned world leaders at a climate summit in Egypt on Monday that humanity faced a stark choice between working together or "collective suicide" in the battle against global warming. #cop27 #un

Read more:…
Read 11 tweets
Is India's Consumption is Booming or Bombing ? keep updating the thread with Nuggets ...
Kantar's FMCG Pulse report .. April-Aug 2022.
Average MONTHLY sales of FMCG packs were 19.2 bn, or 62 packs/household, from Apr-Aug 2022
vs PRE-COVID: Average MONTHLY sales of FMCG packs 15 billion or 51 packs/household => 20% Increase in VOLUME

BUT #DEVIL lies in the #detail
packs bought pre-pandemic weighed 438 grams on average, the size has shrunk to just 309 grams now amid soaring inflation .... thats a 30% reduction in Volume/Pack...

In Other Words, CONSUMPTION per household in FMCG is Down 15% .... Cant recall such a BAD SCENARIO in 35 yrs..
Read 15 tweets
1/12: YOUR GREED, OUR #DEATH: #ClimateDebt is killing us!
📢“We as a country and as a region did not start this war against nature. We did not provoke it. The war has come to us.” #DebtForClimate
2/12: The richest tenth is responsible for almost half of all carbon emissions…
… ‼️Whereas the poorest half are only responsible for a tenth of #emissions.
#DebtForClimate #DeudaXClima
3/12: The average #carbonfootprint of someone from the richest 1% of #humanity is 80 times the size of someone from the poorest half.
#DebtForClimate #DeudaXClima
Read 12 tweets
#History: "... A combination of rationality, a superior culture and richer public sensibility provided the soil in which #democracy, uniquely, could flourish. But what if that is #nonsense? What if we have the story all wrong?"…
"There are differences between open & closed societies, to be sure. One of the most notable is that, in the west, closed minds are not imposed on the populace, as they have to be in authoritarian regimes. Instead, they are cultivated and nurtured ...
... through #consumption of the establishment #media."

"An interview with Volodymr #Zelenskiy, the hero-president of “democratic” #Ukraine, the leader so beloved of the western establishment #media, is a case in point. He now admits that, throughout Moscow’s build-up ...
Read 12 tweets
"Argument-Making in the Wild"

Today's SFI Seminar by Simon DeDeo (@LaboratoryMinds), streaming now. Follow our thread for pull quotes and slides:

First, let's divide human history into three eras, or regimes of #knowledge #production and #consumption:

• #premodern/#archaic
• #modern + #postmodern
• the #egregore (online content sharing)

• The premodern era is defined by caloric restriction.
• The modern era is characterized by a small number of sellers of #information vs. a large number of consumers (see also #HerbertSimon's remarks on the "poverty of #attention")

Read 16 tweets
"Excluding invasive species, we found that 30% of global species threats are due to international trade."(2012)…
#WorldSystem #systemism #BiodiversityCrisis #consumption
"Our results emphasize the importance of examining biodiversity loss as a global #systemic phenomenon, instead of looking at the degradingor polluting producers in isolation."
"German imports are linked to 395 species threats, and Malaysian exports to 276 species threats. Further details supporting Fig. 3 are given in Supplementary Information section 7."
Read 4 tweets
#Deforestation: "#Consumption patterns of G7 countries drive an average loss of 3.9 #trees per person per year. Some of the hotspots of deforestation embodied in international trade are also #biodiversity hotspots"… #BiodiversityCrisis #WorldSystem
"#USA, #Japan, #Germany, #France, the #UK, and Italy, and several developing countries, such as #China and #India, have obtained net domestic forest gains. The net forest gains made in these countries were partially offset by importing embodied deforestation from elsewhere"
"Our analysis addresses two main questions: (i) Which #deforestation hotspots are driven by which consumer countries? and (ii) Which forest ecosystems, tropical rain forests or other forest types are the top targets of global supply chains?"
Read 8 tweets
"Even with the government subsidies, people in #Egypt, #Tunisia, #Syria, #Algeria and #Morocco spend between 35 and 55 per cent of their income on #food. They’re living on the edge: small price rises bring #poverty and #hunger."

➡️… #wellbeing #consumption Image
"Just before the pandemic, in 2019, American non-financial corporations made about a trillion dollars a year in profit, give or take. This amount had remained constant since 2012. But in 2021, these same firms made about $1.73 trillion a year. ...
... That means that for every American man, woman and child in the US, corporate America used to make about $3,081, but today makes about $5,207. That’s an increase of $2,126 per person. ...
Read 8 tweets
DoubleLine founder and CEO Jeffrey Gundlach presents:

Just Markets 2022 - I Feel Young Again

Today at 1:15pm PT, register here:…

#macro #markets #stocks #FX #bonds #commodities #rates #inflation #Fed #QE #bitcoin

Live recap thread⬇️
Jeffrey Gundlach: 2021 might end up running 7% year on the CPI

#inflation #QE #Powell #fed #hikes #rates
Jeffrey Gundlach: Low interest rates coupled with inflation generating negative interest rate.

#JustMarkets2022 #CPI #QE #Fed
Read 48 tweets
Devyani Intl. Ltd - Franchisee of Yum! Brands & operates the highest outlets of KFC, Pizza Hut, Costa Cofee in India. It is a the largest operators of quick-service restaurants chain in India. It operates 655 stores across 155 cities in India. 🧵..
@kuttrapali26 @AvadhMaheshwar2
Company - Started its first association with Yum brands in 1997 when it opened the Pizza hut. Company has expanded to 696 stores in 166 cities. It is largest franchisee of Yum brands on a Non-exclusive basis. It is a part of RJ Corporation started by Ravi Kant Jaipuria in 1991.
Business segments- The company has three major business segments namely, Core Brands (73% ) International Business (10% ), Own Brands (17% of the revenue as of FY 20)
👉 284 KFC stores,
👉 317 Pizza Hut,
👉 44 Costa Coffee stores (Q2,21)
#lifestyle #growth
Read 4 tweets
Daily Bookmarks to GAVNet 12/01/2021…
Drinking tea and coffee could lower your risk of stroke and dementia, study suggests…

#caffeine #consumption #coffee #tea #dementia #stroke #ResearchStudy
Read 11 tweets

1. Suppose an alien spaceship will land on earth next week.

After many light-years of travel through space, some friendly little green creatures decide to get out and stretch their legs on our planet.

What would they report home?

🧵Thread Image

2. I guess their first description would be ecstatic.

Hidden in the fast, cold, and dark universe, they discovered a blue planet that brims with an incredible diversity of life, aided by ideal living conditions.

🧵 Thread continues

#nature #life…

3. But:

Since the dawn of civilization, humanity has lost 83% of all wild mammals and half of all plants.

Of all the mammals on earth, 96% are livestock and humans, while only 4% are wild mammals.

🧵 Thread

#wildlife #biodiversity #climatecrisis…
Read 11 tweets
Effect of #emobility on #oil #consumption, what does statistics tell us? Comparison between #BEV pioneer #Norway (🇳🇴) vs. #biofuel addicted #Finland (🇫🇮).

🇳🇴 #BEV + #PHEV share of the passenger cars
- 2016: 3,66% + 1,29% = 5%
- 2020: 12,06% + 5,11% = 17%
Delta +8 %-units.
🇫🇮 #BEV + #PHEV share of the passenger cars 2020 is 0,35% + 1,66% = 2%.

Total amount of registered passenger cars 2020 is 2,748 million. Cumulative #BEV is doubling every year. Assumed: No effect on fuel consumption yet. 2/x
🇳🇴total sales of petroleum products was 8181 million litres (2020). That has decreased 11% from 2016.

2020 sales of road traffic fuel (petrol & diesel) has decreased 10% from 2016, from 5262 to 4716 million litres. 3/x…
Read 7 tweets
Sudden turns in macroeconomic policies before Q3, 2021 would be inadvisable, says Zhu He, CF40 Research Fellow. It’s not yet time for macroeconomic policies to change direction, not to mention the speed of the turn, he says. 1/8…
Recent data suggest a slowdown in China’s recovery, with the output gap closing at a slower pace. It remains uncertain whether #export and real estate #investment can sustain momentum in the next two quarters. 2/8
Any weakening of domestic #consumption or manufacturing investment before they return to normal levels would be a big drag on aggregate #demand and economic recovery. 3/8
Read 8 tweets
Peering into the near future of the Chinese #economy, Dr. Zhang Bin thinks there will be rebound in #consumption and slowdown of #investment: 1/6…
Household consumption in #China remains significantly lower than the pre-Covid level, with great potential for recovery. As Covid’s impact lingers, service consumption growth in China remains significantly lower than its pre-pandemic levels. 2/6
Household savings maintain steady growth, with newly-added household deposits coming in at RMB 6.68 trillion in 2021Q1. Going forward, as the temperature rises and the virus is further contained, service consumption will recover further, driving rebound in general consumption.3/6
Read 6 tweets
1/ In a recent series of papers, I argue that many important behaviors are shaped by neglect of selection bias in social observation.

HT to @Ben_Golub for a fascinating thread about effects of neglect of selection bias.
2/ In a “call to arms” paper, I argue that neglect of selection bias in social observation is one of the key sources of bias in the transmission of ideas and behaviors.
3/ And that in turn, bias in the social transmission of ideas and behaviors is a key intellectual building block for social economics.…
Read 16 tweets
Daily Bookmarks to GAVNet 04/01/2021…
Branko Milanović – License to kill: “The World Turned Upside Down”—a laudatory review…

#china #history #conflict #consequences
Time for a Ring/Surge Vaccination Campaign…

#variants #vaccines #surges
Read 8 tweets

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