Discover and read the best of Twitter Threads about #hoarding

Most recents (3)

#RBI cut by 40bps each of these👇
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%

Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut

#MPC meet was held ahead of schedule from 3rd-5th,June

#EMI #moratoroum extended by 3 more months
Moratorium extension till 31st August 2020,is both timely &reflective of @narendramodi govt's alacrity--Big relief to #MiddleClass

Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful

This will reduce #NPAs &stress on banks' balance sheets
#RBI's cut in #Repo will reduce cost of funds&extension of #moratorium will be supportive of financial stability;#Rates across #YieldCurve will move lower from current levels

Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend

#Covid
Read 10 tweets
Essentially the world learned their lesson two-fold when people inundated the shops hitting hard at toilet paper and cleaning supplies. What we're trying not to do to the hospitals we did to each other anyway with #hoarding #TPShortage2020 #panicshopping.
You are a foolish person if you don't have a child and began hoarding baby wipes. I hope you realize that many of those brands are gentle for babies. Meaning they *are not* going to kill the viruses you're afraid of.
Read 6 tweets
1/ A (very short hur) 22-tweets thread on the aftermath of nation-wide #hoarding & #hysteria in #CoronavirusSingapore.

Now, for a country that trumpets itself as disciplined, rational, and cohesive, the hoarding has been damning.
2/ Many have tried to make sense of the madness we saw.

Some folks, like @warriorzataree, @waresinfoshop, and @kixes, have correctly diagnosed the hoarding as produced by S’pore’s crisis ideology and capitalist & hyper-individualistic systems.
3/ Since independence, the PAP has aimed to engineer a (disempowered) citizenry that is dependent & loyal to the party, but desperate enough to compete in its dog-eat-dog arena.

This is unsustainable…
Read 25 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!