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Daniela Gabor
@DanielaGabor
, 3 tweets, 1 min read Read on Twitter
Wow Puerto Rico is getting a #Greece structural adjustment : privatization of public utilities, deregulation of labour markets, welfare-to-work.
The joy of being in a monetary union with a hegemon that cares little about you compounded by fact that Puerto Rico doesn't get external support like Carribbean Development Bank.
While official discourse says privatization of electricity grid will lower costs, when pushed officials recognize legitimate questions of 'how many of the 60% not in formal labour market will get off grid' and how many people will leave Puerto Rico w structural adjustment
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Daniela Gabor
@DanielaGabor
not one to ruin a party, but @PowerAfricaUS is not such a simple story of effective US-led development interventions. Quite the contrary
it is also an age-old technique of extracting profits from poor countries in the name of development
it does little for institutional capacity or developmental states
Read 4 tweets
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Daniela Gabor
@DanielaGabor
the @Europarl_EN is about to pass a new macro-finance initiative that threatens fiscal policy space for Euro Member States - 'far from being a stabilizing mechanism for the euro, SBBS would become yet another instrument of fiscal discipline'.
SBBSies wont do much good when a euro country comes under pressure in sovereign bond markets, but it can do significant damage #safeasset
no matter how many speeches and op-eds we get from European leaders calling for a Europe that can oppose US and China, we wont get one unless we can create a single safe asset. If only the new #ECB governor would fight for this #Benoit2019
Read 3 tweets
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Daniela Gabor
@DanielaGabor
China gets increasingly plugged into global financial cycle - the biggest change in global capital markets in anyone's lifetime . . . there has never been a bond market this large in the history of the world that is not including in an index ftalphaville.ft.com/2019/04/01/155…
lots to be done still - this is a very controlled plugging in, and rightly so, given loss of monetary policy autonomy
in a paper I published last year, I argued that China's turn to securities markets is strategy of harnessing reform of #shadowbanking into RMB internationalization
Read 4 tweets

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Alexander Valchyshen
@AlexValchyshen
@INETeconomics By a chance, the article saying #MMT "theorists ignore how their policies could hurt developing countries" places #Ukraine currency #hryvnia (notes of 20 hryvnia's) as its cover picture.

1/n
@INETeconomics Btw, another time when #MMT-related literature opted by a mere chance to associate itself with #Ukraine's currency was the book 'Can "It" Happen Again?' written by Hyman Minsky (2nd ed published in 2016).

This time there is a jar of coins 5 kopecks each (5 #копійок).

2/n
@INETeconomics I am #Ukrainian, having a 22-year experience in the Ukraine's financial sector (1995-2017) and working full-day jobs first as bank officer doing debts/credits and then as research economist. I worked in the banking sector as well as in the non-banking financial sector.

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Sotiri Dimpinoudis
@sotiridi
Ok i am going to expose the biggest NGO #IsraAID Keep looking at updates!
#IsraAID Has Social media accounts on #Facebook, #Twitter Their Headquarters is located at Tel Aviv in #Israel

Site: israaid.org
Facebook: facebook.com/israaid/
Twitter: twitter.com/israaid?lang=en
Wiki: en.wikipedia.org/wiki/IsraAid
#IsraAID Is being pertnered and donated by many Jewish foundations located in #Israel.
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Karol 🌿
@karolcummins
💃🏼FiestyFriday💃🏼

Paulie Walnuts: Go Directly To Jail, Do not pass GO, do not collect $200.

Manafort = Evidence of Collusion established.🤗

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Karol 🌿
@karolcummins
🔥Manic Monday🔥

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Terrence "Cheddar" Chester
@udderrunner
The #GST Should Never have Been Applied To ANYTHING, it only exists bc over 30 years of #Privatization of Public Assets that produced Revenue, the Revenue has Disappeared,on top of TaxCuts for Corporations & the removal of tariffs which had the
double wammy of sending manufacturing,textile industry,car manufacturing either offshore,broke or closed
#GST need to be removed From Everything
Corporations DONT Pay GST only Consumers pay GST
Introduce a #SugarTax on ALL Processed Food/Drink 20% per teaspoon(5g)of price,source of revenue &Healthier Population,long term Lower Health Budget
Raise Corporations Tax,Any #ProfitShifting
Read 12 tweets
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Tanmoy Goswami
@toymango
Every day next few days I'll share one #depression/#anxiety insight from my own experience. If it helps anyone a wee bit, it'll be worth it.
1. "#Happiness" can scare #anxiety patients. In our heads, things are always going wrong. Fear of a "happy" moment undone is doubly painful.
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Read 96 tweets

Trending hashtags

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