Discover and read the best of Twitter Threads about #greatrecession
Most recents (11)
🇺🇸 Let's take a journey through the #HistoryofUSA! From the early Native American civilizations to the modern-day superpower, this fascinating thread will explore key moments in the development of the United States of America. 🗽🦅 
Before the arrival of Europeans, numerous Indigenous tribes thrived across the land. From the Iroquois Confederacy in the northeast to the Pueblo peoples in the southwest, their rich cultures and societies laid the groundwork for America's story. #NativeAmericanHistory
In 1492, Christopher Columbus' voyage marked the beginning of European colonization in the Americas. The Spanish, French, Dutch, and English all established settlements, profoundly impacting Indigenous peoples and the land. #Columbus #ColonialAmerica
Daily Bookmarks to GAVNet 06/13/2021 greeneracresvaluenetwork.wordpress.com/2021/06/13/dai…
Orwell’s '1984': How to Misread a Classic
intellectualtakeout.org/article/orwell…
#ClassicLiterature #interpretation #HumanRights #GeorgeOrwell
intellectualtakeout.org/article/orwell…
#ClassicLiterature #interpretation #HumanRights #GeorgeOrwell
#FactCheck of various "Propaganda Cartoons".
Inflation - Average 4.74% from 2014-2020, lowest in last 6 decades.
Unemployment - Yes, it increased because of Delhi - 45.6%, TN - 28%, Rajasthan - 27.6%.
GDP - India's GDP is low but performance under NDA is still better than UPA.
Inflation - Average 4.74% from 2014-2020, lowest in last 6 decades.
Unemployment - Yes, it increased because of Delhi - 45.6%, TN - 28%, Rajasthan - 27.6%.
GDP - India's GDP is low but performance under NDA is still better than UPA.
Supreme Court questioned Modi govt on Vaccine supply & differential pricing and its Ok. Point to be noted that it was States who asked for Decentralization of Vaccines. Supreme Court didn't ordered to Modi government to provide FREE Vaccines to States, but Modi did.
Several propaganda cartoons blaming Modi for Covid-19 situation floating around. 'Health' is States subject in India. fact remains, India has registered lowest Covid-19 De∆ths amongst major countries. De∆th rate in non-BJP States are highest, but entire blame is on Modi.
The jobs report released last week showed that 140,000 jobs were lost in December. The latest #CovidRelief bill doesn't provide enough relief. The larger risk for the nation isn't providing enough economic stimulus & hardship relief.
A thread. cbpp.org/research/econo…
A thread. cbpp.org/research/econo…
People of color, who have experienced disproportionate hardship in the pandemic & recession, & who historically have waited longest to see the fruits of an economic recovery, are also the most at-risk right now.
cbpp.org/research/econo…
cbpp.org/research/econo…
Private & government payrolls combined fell by 140,000 jobs, which is larger in percentage than the deficit in the worst month of the Great Recession (6.3%). Long-term unemployment of 27 weeks+ again rose sharply, & racial disparities in employment outcomes remained wide.
A THREAD on my new paper with @arebucci1 on the impact of #COVID-19-related central bank long-term asset purchases of sovereign debt (#QuantitativeEasing) on government bond yields in both Developed and #EmergingMarkets (1/n) papers.ssrn.com/sol3/papers.cf…
We analyze 20 #COVID-19 QE announcements made by 17 central banks (9 DM central banks, 11 EM central banks) using the classic event study framework of FFJR(1969), extending work of Vissing-Jorgensen and Krishnamurthy (2011) and Swanson (2011) who analyze Great Recession QE (2/n)
Starting with the Fed which led the pack with new QE: the 1-day impact of the Fed's $700 bn MBS+Treasury #QE 3/16 announcement on the US 10-year yield was -0.21% and "unlimited" QE announcement on 3/23 was -0.16%, only slightly smaller than past #GreatRecession era QE (3/n)
1/7 Young adults are getting rocked by this recession. If we learned anything from the #GFC, we know the recovery will be slow & costly for them. But doesn’t have to be. We can act now to prevent another “lost” generation. My take: newamerica.org/education-poli… @NewAmericaEd
2/7 Recessions hit young people hard. Recoveries reach them late. Already, youth #unemployment has topped 14%. Many students are rethinking college plans, questioning the wisdom of taking on debt in this economy. Tens of thousands of US teens are MIA from virtual HS classes.
3/7 If young people disconnect at high rates from school and the #workforce, the costs will be enormous—both to them and to our economy. The #CARES Act may provide relief to a subset, but many of our most vulnerable young adults will not benefit.
The risks of doing too little to support families and the economy during a #coronavirus recession far outweigh the risks of doing too much.
My statement with @GreensteinCBPP, @neeratanden & @FeliciaWongRI, via @Medium
A thread. 1/n
My statement with @GreensteinCBPP, @neeratanden & @FeliciaWongRI, via @Medium
A thread. 1/n
With so much economic activity at risk, a recession looms, and this one could rival or even exceed the #GreatRecession of 2008–2009.
The Great Recession was deep and its impact was harsh, but Americans who remained employed continued to spend money at fairly normal levels. 2/
The Great Recession was deep and its impact was harsh, but Americans who remained employed continued to spend money at fairly normal levels. 2/
Today spending is falling as people are asked to stay at home, events are canceled & establishments close. Layoffs are inevitable.
States and localities will face budget shortfalls as shrinking economic activity erodes tax revenues and prompts them to consider budget cuts. 3/
States and localities will face budget shortfalls as shrinking economic activity erodes tax revenues and prompts them to consider budget cuts. 3/
Going thru Dem presidential candidate housing platforms
Does anyone seek 2 severely regulate/ban big investors (private equity/foreign wealth) or small (flippers) that are manipulating the housing market?
Do they even provide lip-service?
Let’s see...
#ItsTheSpeculationStupid
Does anyone seek 2 severely regulate/ban big investors (private equity/foreign wealth) or small (flippers) that are manipulating the housing market?
Do they even provide lip-service?
Let’s see...
#ItsTheSpeculationStupid
Let’s start w/the currently considered gold standard: @BernieSanders #HomesForAll
Sum talk a/b Wall Street investors but is his proposed solution strong enuf?
Also, he’s unfortunately in the blanket upzoning camp so w/flipper tax isn’t that 1 step fwd but 2 steps back?
Sum talk a/b Wall Street investors but is his proposed solution strong enuf?
Also, he’s unfortunately in the blanket upzoning camp so w/flipper tax isn’t that 1 step fwd but 2 steps back?
.#BernieSanders2020 calls for natl rent control & that will definitely curb some speculation, but it is without vacancy control. See Oakland, San Francisco, Berkeley & Santa Monica for the effects of strong rent control without vacancy control.
We need a redial!
Thomas J. Barrack, Jr.
Always funny when high profile folks,
have less info on web than my neighbor???
U give Paul very little to work with, u know, Tom.
I've gotta have Sexy Jen give you a call.
Hold please.📞
Should she *69 him?
Thomas J. Barrack, Jr.
Always funny when high profile folks,
have less info on web than my neighbor???
U give Paul very little to work with, u know, Tom.
I've gotta have Sexy Jen give you a call.
Hold please.📞
Should she *69 him?
Where R the wives?
Love a good mob wife.
Don't u?
They R taken 2 the top,
+ then cash out in divorce.
Take 4 example,
Rachelle Joy Roxborough Barrack.
She's latest wifey, u know.
Married Tom in 2014,
all rdy having 2 of his kids.
Divorced 2016.
Love a good mob wife.
Don't u?
They R taken 2 the top,
+ then cash out in divorce.
Take 4 example,
Rachelle Joy Roxborough Barrack.
She's latest wifey, u know.
Married Tom in 2014,
all rdy having 2 of his kids.
Divorced 2016.
Scant Rachelle Barrack info.
But, there was this 1 article...
'Pillow Talk at the Pig'
5-20-2001
"1st date, Matt McCarthy[35]
+ Rachelle Roxborough[23]
R already horizontal
- in bed, shoes kicked off,
reclining on pillows,
drinking martinis."
"I'm digging this,"
says VO artist
But, there was this 1 article...
'Pillow Talk at the Pig'
5-20-2001
"1st date, Matt McCarthy[35]
+ Rachelle Roxborough[23]
R already horizontal
- in bed, shoes kicked off,
reclining on pillows,
drinking martinis."
"I'm digging this,"
says VO artist
THREAD 🚨🚨🚨
Those in the House objecting to #PelosiForSpeaker and THEIR record
1. @repjimcooper
✅ Voted nearly 40% of time with Trump. 🚩
✅ Voted anti-immigrant
✅ Voted for #KatesLaw
Those in the House objecting to #PelosiForSpeaker and THEIR record
1. @repjimcooper
✅ Voted nearly 40% of time with Trump. 🚩
✅ Voted anti-immigrant
✅ Voted for #KatesLaw
2. @RepSchrader
✅ Voted 31.5% of time with Trump (odd for an Oregonian)
✅ Voted against #Gunsense 🚩
✅ Voted to roll back regulations to avoid another Great Recession (with many experts claiming recession is right around the corner in 2019)
✅ Voted 31.5% of time with Trump (odd for an Oregonian)
✅ Voted against #Gunsense 🚩
✅ Voted to roll back regulations to avoid another Great Recession (with many experts claiming recession is right around the corner in 2019)
3. @RepLynch against #PelosiForSpeaker
✅ Voted with Trump 30% of the time (strange MA would send someone like that to Congress)
✅ Voted for horrible #KatesLaw
✅ Voted for bill completely supporting @ICEgov — even the bad. #BabiesInCages 🚩
✅ Voted with Trump 30% of the time (strange MA would send someone like that to Congress)
✅ Voted for horrible #KatesLaw
✅ Voted for bill completely supporting @ICEgov — even the bad. #BabiesInCages 🚩
1/ A decade after the #globalfinancialcrisis, what’s changed? And what hasn’t? We recently surveyed the state of the global financial system: mck.co/2C5vm4B Take a quick tour with us in this #thread.
2/ After the #GreatRecession, many expected a wave of deleveraging. But it never came. The combined global debt of governments, nonfinancial corporations, and households is up by $72 trillion since the end of 2007. mck.co/2C6IExS
3/ Consistent with history, a debt crisis that began in the private sector shifted to governments in the aftermath. From 2008 to mid-2017, global govt debt more than doubled.
