Sharma Profile picture
Aug 22, 2019 3 tweets 2 min read Read on X
Amazon Opens Its Largest Campus Yet

Amazon today opened its largest campus building globally in Hyderabad, India, as it prepares for a furious expansion and battle with nemesis Walmart in one of the world’s fastest-growing retail markets.

bloomberg.com/news/articles/…
Businesses have a way of going where they are welcome. Amazon couldn't open its HQ, with upwards of 25,000 high-paying jobs, in New York City because it grated on @AOC's socialist sensitivities. Her constituents paid a very dear price for electing this diva.
Of course India is no stranger to socialist temper tantrums. India too threw out IBM and Coke many decades ago and remained in an economic slump for a long time before warming up to freer markets. @AOC is doing nothing that hasn't been done countless times, with the same results.

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More from @bansisharma

Dec 7, 2023
1. Please Hear Me Out

Pay heed folks. The below tweet is from a patriot who I believe served our blessed nation in uniform with honor. Now I am going to say something I would never have thought I would say even a few days ago. It's a stream of consciousness thread. Bear with me.
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Jun 4, 2023
1. Surveys Are Brainwashing Tools

What do you think the result of the below mentioned survey would be if the question was changed
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nbcnews.com/nbc-out/out-ne…
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Mar 14, 2023
1. Message for Anyone Bothered By SVB Customers Being Made Whole
Stop with the nonsense. You either don't understand or are scratching a rash you got from somewhere else. It doesn't matter who SVB customers are or what they do. No depositor is ever responsible for a bank failure.
2. Bank failures are always the fault of the bank management and the regulators. And as for the "due diligence," it is fair to expect the bank investors and shareholders to do that and take a bath when they get it wrong. It's not fair to expect bank customers to do that.
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1. How to Solve a Problem Like SVB
Having delineated in the enclosed thread how we got here, this thread addresses where we go from here. The SVB problem by itself is not that hard to solve, but it is possible politicians (of both parties) will plunge the nation into crisis.
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Mar 11, 2023
1. Thoughts on Silicon Valley Bank Fiasco

There was plenty of mismanagement at SVB, but first and foremost I want to reassure my followers (maybe the events that unfold next week will make a liar out of me, so take everything I say as unauthoritative stream of consciousness).
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3. 2008 financial crisis was brought on by banks making too many bad loans that were prone to risk of default. SVB was brought down by not making enough loans, but investing the deposited funds heavily in safe bonds which were nonetheless exposed to interest rate risk.
Read 25 tweets

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