Robert Young Pelton Profile picture
Feb 2 13 tweets 7 min read
Donald blew through 8 Trillion we didn't have and I expect "I need a wheelbarrow of Biden dollars to buy a loaf of bread" stories from the right. The economy is about to hit a wall. So you could say Donald built a metaphorical economic wall and we are going to pay for it.
I could use "speed bump" or something less dramatic I guess. Much of the giddy spending was based on fear and then recovery. Pumping tax and future money in to get things going. Joe wanted 11 trillion, then 8, then 5 then 1.7 then ?.... theguardian.com/business/2022/…
The truth? In 2021 federal spending was equal to 30% of the total GDP, down from 44% in 2020. Yeah Trump pushed towards being a socialist nation. Faced with economic collapse, would Biden have done the same. Probably. datalab.usaspending.gov/americas-finan…
Both Trump and Biden wanted infrastructure bills. Biden is focusing tax increases on incomes above $400K. Trump wanted to grease businesses. The covid slam does not choose political parties. Either way, we always get stuck with the tab. investopedia.com/comparing-the-…
So who cleaned up during covid? (Insert Jared insult here). Well "almost free money" from banks allowed those with money to make more money...but "Public debt relative to GDP has risen throughout the world by 20 percentage points or more in many countries. bbc.com/news/business-…
A lot of people got very serious about surviving. Losing your job can do that. A lot of businesses were started and people started acting like rich people: Making money with money. nytimes.com/2021/06/25/rea…
That's all good, but what about the wall? "Global growth is expected to decelerate markedly from 5.5 percent in 2021 to 4.1 percent in 2022 and 3.2 percent in 2023 as pent-up demand dissipates and as fiscal and monetary support is unwound across the world. worldbank.org/en/news/press-…
Covid is gonna leave a mark. Mostly on the working class, even more on the poor or those who barely survive. We will shit through all that free money but the world economy has to pay the bill. From Afghanistan to Russia to China. A New World Order? nytimes.com/2022/02/02/wor…
A New World Order? C'mon. Yes. I am offically warning folks that asshole autocrats are coming for your freedom. UAE/KSA/Russia/China have accelerated plans to destabilize the West and rapidly transform weaker nations to autocracies. #ProveMeWrong ft.com/content/d307ab…
UAE and KSA are using hard times to flow money into leaders like Putin, Erdogan, Vucic, and manky Eastern European, African and Asian dictators to spread control of assets and populations outward. Rapidly reshaping politcial plans and govts. #The1922Memo theconversation.com/so-you-want-to…
So when you hear Donald put the Dick in dictator, he is not just running his mouth. He is just following the plan he screwed up on1/6. He has the financial banking and marching orders laid out. He is just the tool. vanityfair.com/news/2022/01/d…
The FBI caught kiddy and election fiddler George Nader, pal Tom Barrack and Elliot Broidy pushing dirty dictator money towards Trump. They will be a lot smarter and spend a lot more next time. Jared is the bag man. #DarkMoneyIsComing americanprogress.org/article/trumps…
BrokeAss 666 Jared 2016 has become Abraham Accords BagMan Jared in 2024. It's all laughably obvious and simple. Even if Daddy InLaw goes to jail. There are plenty more pliable pre-presidents available therealdeal.com/2021/11/27/jar…

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More from @RYP__

Feb 3
A year ago I pointed out how many people from STRATCOM in Texas were connected to or involved in the Trump coup attempt. The info-ops outfit squirreled inside the Air Force that I got to know in Afghanistan. Oh look Mike Flynn!
Back in 2010. I was top of the fold as part of a ninja assassin story. I refused to work with Dewey and his clown show. They went on to cook POW Berghdal's goose with fake intel reports via Mike Flynn. Small world. nytimes.com/2010/03/15/wor…
I wrote about Bergdahl for Vice, then Michael Ames and Matt Farwell wrote a whole book on the debacle (in which I was described by JSOC as the best source of ground intel in Afghanistan (blush). Turns out Flynn had a reason to lie. #ReadTheBook washingtonpost.com/outlook/in-afg…
Read 5 tweets
Feb 3
"Early reporting noted that (Wagner) would train Malian defense forces and provide protection services for senior political leaders—activities Wagner has also undertaken in countries such as the CAR and Mozambique. csis.org/analysis/track… Image
Not just training and security contractors. Rigged elections and coups also on the menu. issafrica.org/iss-today/wagn…
Read 5 tweets
Feb 1
Calling it. We have reached peak Wagner. All that is left is the Saturday morning cartoon series for African kids. meduza.io/en/feature/202…
The merch is so so. The movies predictable but in twenty years Russian MercMech will be a hot collectible. Like those Afghan refugee bazaars in Peshawar that sold brain stained Soviet helmets back in the 90s' instagram.com/rsotm_original…
"Quick-dry, breathable performance tee for the gym, the trail, or wherever; Comfortable fit with sport-friendly stretch" redbubble.com/i/t-shirt/Wagn…
Read 7 tweets
Feb 1
The war in Biafra (July 1967 – January 1970) is a fascinating story of the conflict birth to relief agency Medecins Sans Frontier (MSF), modern African mercenaries and the battle over the use of desperate children for media exploitation. chindits.wordpress.com/tag/biafra/
"Recamier & Kouchner believed the world needed to know about the events they were witnessing: civilians being murdered and starved by blockading forces. They openly criticised the Nigerian government and the Red Cross for their ... complicit behaviour." msf-me.org/about-us/histo…
This activism also inspired musicians to do something to raise fund. In 1971 George Harrison put on two concerts for Bangladesh. A place and disaster most people had never heard of. He raised $13.5 million.
Read 7 tweets
Feb 1
Imagine the outrage if there were Jewish people in Florida. cnn.com/2022/01/31/pol…
I suppose Ron could focus on the positive things.
Ron DeSantis stars as a wise cracking death camp inmate who outsmarts his wacky guards
Read 4 tweets
Jan 31
The motivation and the plight of migrants has not changed. Nor have the incentives for them to seek work or betterment. It's like an endless argument about why the geese go south for the winter. You cannot stop the movement of humans. amnesty.org/en/latest/news…
A global reality needs a global framework just to respond to it productively. There is no such thing. Like most transnational events in a globalized world there is no mechanism to manage migration. So it both harms and helps depending on the application. migrationnetwork.un.org/sites/g/files/…
Migration is not one way. Nor is it linear. But this map tries to capture the energy of humans on the move. Mostly from poor to wealthy nations. Overpopulated, destroyed or harsh realms to more survivable ones. metrocosm.com/global-migrati…
Read 4 tweets

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