Discover and read the best of Twitter Threads about #economy

Most recents (24)

Boris Johnson & Michael Gove promised lower fuel bills once Britain left the EU

EU gas prices are high too, but they trade efficiently in linked auctions that balance prices across the EU

We don't because #Brexit 🤦‍♂️

#BrexitReality #ProjectFear #BrexitChaos #ToryBrexitDisaster UK Energy Crisis
So now the UK has the highest energy prices in Europe. We produce most of our electricity from gas.

It's important we make no mistake. This is a problem created by the #ToryBrexitDisaster

They are disaster capitalists who bankrupt industries and buy them up cheap in a monopoly.
Everything that is happening now was predicted in the leaked 2018 Operation Yellowhammer report, saying that a No / Bad #Brexit Deal (which we have) could lead to

Food & Petrol Shortages✅
Significant Electricity Price Increases✅

For now its wholesale (retail prices are fixed)
Read 10 tweets
-U know which countries would be richest & rule world
-1s who have plan for #climatechange
-Freak #weather & #floods will destroy weak links
-#India needs to move away from agriculture-dependent #economy
-Need to decongest densely populated coastal regions
chanakyaforum.com/the-promise-of…
-Coal has long been #India & #China’s top energy source & its production has increased consistently
-India’s per capita CO2 emissions rose from 15 to 40% of world emissions betn 1990-2019
-Good news is since 2015, India’s solar & wind power elect production increased fm 3 to 10% CEICData
-#USA’s International Development Finance Corporation has invested $300 mil in 4 solar energy projects in #India
-Quad meeting in US where #PMModi would come face to face with Pres #Biden has a lot on the plate to discuss
-#Climate would be 1 of those important topics
Read 4 tweets
In August we saw #inflation growth moderate further, for the second consecutive month, at least relative to the impressive rate of growth in #prices witnessed around mid-year.
Core #CPI (excluding volatile food and energy components) came in at 0.10% month-over-month and 3.98% year-over-year, which was considerably less than the consensus forecast and was driven higher by #shelter components.
Meanwhile, headline #CPI data printed at a solid 0.27% month-over-month and came in at 5.20% year-over-year.
Read 11 tweets
A thread on #ClimateCrisis:
#amwriting
Melting Boundaries
Nature Knows No Nation and No Nation Knows Nature
+
In the global fora, the issue of #climate change has been a game of ‘passing the parcel’ where the parcel is global in all proportions – global threat, global impact, global mitigation.
+
#Climate is the varying weather conditions experienced annually aggregated over a long period of time. Unfortunately, politically, climate change has had much less traction than the climate itself in the last 30 years. Efforts have been debated, litigated and even acted upon.
Read 35 tweets
In my newest newsletter, I deal with the danger that the slowdown of #China poses to the world #economy .

Here are some data and thoughts from the post. Thread. 1/6
mtmalinen.substack.com/p/china-slowdo…
The main problem of the Chinese #economy is its debt-dependence. It simply cannot grow without a constant resuscitation.

Chinese economy has actually been in an unsustainable path since 2008/2009. 👇2/
If we deduct the growth of (government and private) debt from the growth of GDP, the growth-trajectory of the Chinese economy looks very different. 3/
Read 6 tweets
On this week's episode, @YieldGuild co-founder @gabusch talks about #web3 gaming, #Play ToEarn, #NFTs, and more with @AliaksandrH.
Visit nextcreators.simplecast.com to listen and subscribe:

🗣️They talked about what prompted @Axielnfinity and @YieldGuild to move vertical in 2021.
🗣️What makes #PlayToEarn games stand out?

🗣️ How @Axielnfinity has a player #retention rate of 90% after 30 days, which is unheard of. Considering how to go to ten #million people

🗣️#Scholars of the #Guild Yield.
Also highlighted
@4NTSGuild @oddgems @NEAR_daily
Read 4 tweets
It was 73 degrees and sunny in #JacksonHole, Wyoming, today; a perfect day for all those who were there….
Yet, there were no #monetary policy officials present at the traditional location of the @KansasCityFed’s late-summer #economic policy symposium, since they were conducting a “virtual symposium.”
That symposium provided #ChairPowell the opportunity to lay out a reasonably sunny perspective on the U.S. #economy, but also one that was not out of the woods yet, in terms of Covid variant risk and a maximum #employment target still to be achieved.
Read 10 tweets
@narendramodi govt to raise 6 lakh Cr by monetising assets

Funds to be used to build new infrastructure,spur economic growth

Govt will raise 88000Cr this year by leasing infra assets of central govt ministries&state-run companies via #NationalMonetizationPipeline,NMP
Details👇
Annual targets under 4 year NMP have been set at 👇

1.62 lakh Cr for FY23

1.79 lakh Cr for FY24

1.67 lakh Cr in FY25

Top 5 sectors by value under this #AssetMonetization programme are

Roads (27%),
Railways (25%),
Power (15%),
Oil and Gas pipelines (8%)
Telecom (6%)

#Economy
Among projects @narendramodi govt plans to lease are👇

26700km of roads
90 passenger trains
400 railway stations
28608 circuit km transmission lines 286000km of #Bharatnet fibre network&

14917 towers owned by Bharat Sanchar Nigam Ltd,#BSNL& Mahanagar Telecom Nigam Ltd,#MTNL
Read 8 tweets
Our #inflation forecasts from March on plus the ultimate scare: the possibility of a hyperinflation.

The "shock" was plainly visible in prices of online products and, e.g., shipping 👇. When economies opened, it materialized. 1/4
@GnSEconomics #economy gnseconomics.com/2021/04/01/q-r…
By June, it was clearly visible that the source of #inflation had moved from "want to have products" to, e.g., food, rents and fertilizers, that is, to "need to have products", which would be reflected on wages

Alas, inflation was here to stay. 2/
gnseconomics.com/2021/07/15/inf…
But, what truly worries us, is the possibility of a very rapid #inflation , or hyperinflation. It's pre-requisites are:

1) Vast issuance of central bank credit, like QE, and
2) Diminution of production possibilities. 3/

Both are here now. 🥶
gnseconomics.com/2021/02/24/is-…
Read 4 tweets
Thread: Tamil Nadu Finance Minister @ptrmadurai presents DMK govt's first paperless budget (revised) for 2021-22 in the legislative assembly.

#TamilNadu #Economy #Budget #Finances
Budget highlights:

All 4,57,645 petitions received under "Ungal Thokuthiyil Muthalamaichar" programme have
been acted upon. After due field verification, 2,29,216
grievances positively redressed.

Use of Tamil as the official language will be strengthened in
all depts.
Rs 5 crore will be allocated to carry out
archaeological excavations, which is the highest among all States in the country.

Govt will revamp the implementation of Old Age
Pensions scheme.

Measures will be taken to fill up remaining 14,317 vacancies in the police force.
Read 15 tweets
Officially, the German federal government wants to save nothing less than the world #climate. In order to achieve this megalomaniac goal, it does not shy away from any expenditure that costs our economy around 50 billion euros annually in the form of high taxes and subsidies. /1
This moralizing #climate activism makes every German citizen poorer by at least 600 euros per year. /2
But among the heads and chief ideologues of large lobby organizations, there is the naive hope that this massive transformation will finally make #Germany the world champion exporter again - through the export of #climate technology. /3
Read 11 tweets
#Leadership in a Growth-constrained, Information-Age #Economy
Reflecting on conversations 2018 Conclave where business & academic leaders had shared their insights on the constraints that global & the #Indian economy faces & possible solutions.
ideassansideology.org/engagements/le…
2. Demand was identified as the constraint on growth and wage/earnings growth was considered to be the solution. Pandemic has made it worse. But solution is still in growth in earnings - now more than ever.
3. At the end of the day, government is not spending, industry is not spending, and the individuals are not able to spend, and therefore growth is constrained.
Read 11 tweets
Inflation data for July moderated somewhat, at least relative to the heady pace of recent months, which should temper #market and policymaker concerns a bit, despite the fact that #inflation will stay sticky-higher for a while and the #risk remains to the high-side.
Core #CPI (excluding volatile food and #energy components) came in at 0.3% month-over-month and 4.3% year-over-year, a bit less than the consensus forecast, and headline CPI data printed at a solid 0.5% month-over-month and came in at 5.4% year-over-year.
While we think that it’s hard to see a case for the recent levels of elevated #inflation turning into “1970s style” runaway price increases, higher #wages and elevated growth for an extended period will allow companies to achieve higher levels of #PricingPower for a time.
Read 7 tweets
1/ My top three takeaways from Howard Marks' latest memo "Thinking About Macro".

Thread below🧵👇

#howardmarks #valueinvesting #macro Image
2/ Most economic forecasters have lousy track records, so why trust them?

Time and attention is best spent elsewhere.

#economy #Economist Image
3/ Prices are mostly physiological elements reflected in reality.

Perceived increased demand can drive prices up, and vice versa.

Perception is not always reality.

#stockmarket Image
Read 5 tweets
8.9% YoY #CoreSector growth in June 2021,rise in Exports by 48.34% in June,with #ServicesExports rising from $17bn in 2001 to $205 bn in 2021,under @narendramodi govt,V shaped recovery,is gaining traction

India's IT sector recruited 69132 people in 1QFY22

My thread on #Economy
Almost every month,over 2.5 billion transactions are done in India,via #UPI,worth Rs 5 lakh Cr+

#eRUPI,developed by NPCI under aegis of @narendramodi govt,will now add to #DigitalTransformation

#DigitalEconomy set to be a Trillion Dollar one,by 2025-26,thx to cashless payments Image
#GST Revenue at 1.16 lakh Cr in July'21 bodes well

Since Oct 2020,#GSTRevenue has been over Rs 1 lakh Cr every single month,barring June,when it dipped to 92849Cr

Biggest drop in contribution is from #Maharashtra,due to continued uptrend in #Covid,thx to inept @CMOMaharashtra👎
Read 6 tweets
China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping.
#China #Economy
#China says economic recovery is not solid yet.
China to improve overseas listing supervision system.
#China #Didi
Read 10 tweets
Next steps to handle #climate #crisis
Check the thread 👇
Climate change transition keeps going. To be able manage new and upcoming challenges/crisis we as #civilizations needs to thinking about rebuilding our life in new more sustainable #zero #emissions way.
#renewables
To increase global efforts for making #environment more friendly for upcoming generations @setcoingroup launching @dseinnovations Infratech fund structure for investments primarily into #Greenfield projects and #Brownfield (operational) #assets
Next 👇
Of #smart #cities, advanced #transport solutions #Hyperloop, #renewables energy facilities, renewable storage batteries, #solar roads constructions etc

Next 👇

#innovations #environnement #Sustainability #esg #green #economy
Read 6 tweets
1/5

#Agenda21 is #Global #Communism

Wake Up & Resist

Deny #Marxists at every turn
They are not your friends
At best,they are #UsefulIdiots
At worst..
They are purposefully helping #Globalism install dictatorial #government & eroding our rights as FREE people.
Don’t let them!
2/5

#Agenda21 is the biggest public relations #SCAM in the #History of the #World
But it is far more then that its the agenda for the 21st century and it’s a recepy for #destruction it enables and justifies monitoring and metering and restricting our #energy & #water usage!
3/5

#Agenda21 is #Global #Communism

#Communitarism says that it’s all for the common good,that the individuals right need to be balanced with the rights of the #community
Now we don’t know what these rights are they can change them at any time!
The individual loses!
Read 6 tweets
How to facilitate Digital Services Economy transitions in next decades?
Together with @dseinnovations team and @setcoingroup we develop #ESG transformation framework and roadmap for governments, international organizations, corporations funds & LP’s
Check overview in thread👇
#humancentric Global Economy
Benefits of services economy to local countries & #gdp growth
People become main asset of digital services economy
Next 👇
Read 14 tweets
Great conversation with @MerrillLynch CIO Chris Hyzy, as part of their #MerrillPerspectives event. Some of the topics we discuss follow and the full conversation can be accessed here: ml.com/2021-midyear-e…
On the #market lessons stemming from the pandemic, I suggested that- stepping back- while a lot has been thrown at the #economy and markets over the past 30 years, in every case the #policy response has been critical to evaluate in judging the ultimate impact: policy matters!
That said, we think there is an overestimation of the importance of exceedingly low #policy rate levels to the recovery but maintaining the stability and #liquidity of the financing #markets is critical, particularly at the top end of the capital stack.
Read 10 tweets
2/12/21: Newsweek: "Miraculous #mRNA #Vaccines are only the Beginning"

#mRNA vaccines offer "an early look at how the miraculous tools of the #genetics #revolution will transform our #healthcare & our world over the coming years."

#4IR #biotech

newsweek.com/miraculous-mrn…
"...our Promethean technologies, our moment of triumph could set us on a path to disaster. Of all the species that have ever lived, our single group of hominins now has the capacity to remake all of #biology."

#GeneEditing #4IR #Biotech
The new #vaccines are perfect early examples of this "godlike #technology." ... This approach will soon create a whole new platform for fighting cancers & other diseases, as well as for providing enhancements even more profound than #vaccination."

Human #Experiment w/ #mRNA
Read 11 tweets
2/12/21: Newsweek: "Miraculous #mRNA #Vaccines are only the Beginning"

#mRNA vaccines offer "an early look at how the miraculous tools of the #genetics #revolution will transform our #healthcare & our world over the coming years."

#4IR #biotech

newsweek.com/miraculous-mrn…
"...our Promethean technologies, our moment of triumph could set us on a path to disaster. Of all the species that have ever lived, our single group of hominins now has the capacity to remake all of #biology."

#GeneEditing #4IR #Biotech
The new #vaccines are perfect early examples of this "godlike #technology." ... This approach will soon create a whole new platform for fighting cancers & other diseases, as well as for providing enhancements even more profound than #vaccination."

Human #Experiment w/ #mRNA
Read 10 tweets
🧵1/7 The #CRISPresearch team developed recommendations for @IndyChamber to advance inclusive economic growth in Indy. They focused on economic development, housing, access to economic opportunity, & community equity. Read the thread below from the report: policyinstitute.iu.edu/news-media/sto…
🧵2/7 Any region hoping to achieve full #EconomicInclusion & prosperity must address institutional disparities. That includes recognizing the negative impact legacies of racist and/or exclusionary policies had on residents & taking steps to correct those errors. #CRISPresearch
🧵3/7 #CRISPresearch analysts recommend developing plans to create wealth-building opportunities for people in groups that have historically been kept on the margins of the economy. To do that, leaders first need to assess & eliminate policies that reinforce economic disparities.
Read 7 tweets
We first warned on the possibility of a 'perfect storm' in December 2017.👇

We envisaged that the "storm" would engulf the global #economy in two years, but noted that everything depends on the actions of #Centralbanks and #China .
1/14
@GnSEconomics
gnseconomics.com/2017/12/19/q-r…
As we now know, central banks have been very innovative in postponing the crisis.

The bailout operations effectively started in 2016, when China unleashed a massive 'credit bonanza' to halt the collapse in its housing markets, and a global #recession . 2/
gnseconomics.com/2018/12/06/the…
They continued in December 2018/early January 2019, when the near collapse of the Chinese banking sector and credit markets in the US forced the PBoC to inject hundreds billions worth of liquidity into the banking system and the Fed to 'pivot'. 3/
reuters.com/article/us-usa…
Read 14 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!