Bloomberg Opinion Profile picture
Oct 8, 2021 9 tweets 5 min read Read on X
If you have attended a conference or public event recently, you may have noticed: The wealthier attendees are not usually wearing masks, but the poorer servers and staff almost always are trib.al/GwLdlrA
Even if the attendees are wearing masks at the beginning, the masks come off once they start wining and dining — and they usually don’t go back on.

Isn’t this a sign that mask-wearing is no longer so essential? trib.al/GwLdlrA Image
It sends a mixed message: If you want to be comfortable eating and drinking with your peers, it’s OK to take off your mask.

But it’s not OK if you want to be comfortable:

🍲Serving food
🍽️Carrying heavy trays
🍰Describing the dessert menu
trib.al/GwLdlrA Image
You can’t eat or drink with a mask on — but that difference is unfair.

The unfairness is heightened by the reality that in the U.S., most people who attend conferences or events tend to be White, wealthy and well-educated trib.al/GwLdlrA Image
The servers are often people of color and typically earn lower incomes.

They are also hard workers. Are we really distributing the burden properly here? trib.al/GwLdlrA Image
There are practical reasons servers are required to wear masks: they might be vaccinated at lower rates than the attendees.

But if those same employees are eating together in the back room, their masks are off and everyone is fine with that trib.al/GwLdlrA Image
Public health intellectuals and pundits could argue that the elite guests should be required to wear their masks before and after the food and drinks are served, or even between bites.

But at this point, such a recommendation would be ignored trib.al/GwLdlrA Image
The current practice of shaming less well educated people who have less efficacious vaccines and mask habits may backfire. They might stop listening to elites altogether.

Then American society will be even more divided than it already is trib.al/GwLdlrA Image
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More from @opinion

Apr 2
Could Trump’s tariffs raise $700 billion a year?

We did the math 🧵 Image
$700 billion is about nine times current US customs revenue, and 2.4% of the most recent estimate of US GDP.

Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s Image
Trump often cites President McKinley’s high tariffs as an inspiration, but during McKinley’s presidency (1897 to 1901) tariffs generated less than half the share of GDP that $700 billion would amount to now Image
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Mar 18
Today, Meta is starting to roll out its own version of @X’s @CommunityNotes for Instagram, Threads and Facebook.

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Look at the data 🧵
One of Community Notes’ main achievements is its speed in addressing misinformation. The chart below shows that it is getting faster 📈

But even with these improvements, notes typically appear after a post’s most viral stage of diffusion (after the damage is already done) Image
It’s unclear how much misinformation is on X — if it could be counted, it could be deleted.

But from X’s data, you can see that most misleading posts go unaddressed: Image
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Mar 17, 2023
📉 VCs causing the downfall of SVB
💰 Credit Suisse’s pricey lifeline
🚐 RVs predicting the future

🧵 Catch up on the week in news with @ALampietti’s round up of our must-see videos
If venture capitalists had stayed calm, would #SVB be OK today?

🎥 @kylascan has all the answers
What’s next for Credit Suisse? 🇨🇭

@PaulJDavies explains bloomberg.com/opinion/articl…
Read 6 tweets
Mar 15, 2023
Credit Suisse is in crisis.

What went wrong? So, so much.

🧵 Let’s take a look
We *just* learned that #SVB’s downfall was announcing it was raising equity without having buyers lined up, says @matt_levine.

So why would Credit Suisse’s biggest shareholder announce they would “absolutely not” put more money into the embattled bank? trib.al/aS9oy3I Image
After Saudi National Bank ruled out providing more assistance, #CreditSuisse closed down 24% at 1.697 Swiss francs per share, its lowest closing price on record trib.al/nnFD2F8 Image
Read 10 tweets
Mar 2, 2023
If health is wealth, America is dirt-poor.

The health-care crisis in the US isn’t just a tragedy for individuals. It makes it harder for the country to be productive and secure.

🧵 Let’s look at the data
The most vivid sign of the health crisis is falling life expectancy, says @adwooldridge bloomberg.com/opinion/articl…
There’s perhaps no greater metaphor for this crisis than the unhealthy discourse around Ozempic, writes @JKarl26.

A culture built on dieting is not a proper remedy for what ails us bloomberg.com/opinion/articl…
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Feb 28, 2023
📊 3 charts you need to see 📊

💰 Elon Musk is back on top
🇨🇳 Don’t panic over China’s “farm invasion”
⚡️ Putin’s invasion of Ukraine has dramatically redrawn the world’s energy map

Subscribe to Bloomberg Opinion Today for more trib.al/BNqIxPf
💰 Elon Musk is the world’s richest person again.

The billionaire has turned Tesla’s failing into winning bloomberg.com/opinion/articl…
🇨🇳 No need to panic over a “farm invasion”.

China doesn’t own nearly enough land to cause a food crisis bloomberg.com/opinion/articl…
Read 4 tweets

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