Giovanni B. Ponzetto - O Canada! Profile picture
Manovale della Finanza, 1988 fund manager, 1997 insurance. history, politics, finance. Italian/English, Rt not endorsement.
Feb 12 4 tweets 2 min read
The weapon the three Police officers in the back hold is probably a Milkor grenade launcher, six round capacity, 40mm grenades. en.wikipedia.org/wiki/Milkor_MGL @eshow1969 @RebelNewsOnline @FoxNews (/) Those can use crowd control rounds, like "bean bags", rubber balls, or sponge. Yet, even given the reduces charge of those rounds, those policemen have been incorrectly deployed (/)
Feb 12 4 tweets 3 min read
Correction:
They are trying to build ONE plant, which is way over budget and behind schedule (Flamanville);
They "persuaded" #GE to sell back to a French company a plant which builds the steam turbine component. (/) That technology has nothing to do with the ability to build #NUCLEAR plants, that component might as well be part of a coal based generator. Yet, the media sold that news as relevant.
Nothing has been done in order to make the bureaucratic/approval process more streamlined.(/)
Feb 12 7 tweets 4 min read
Their only hope to have it fail spontaneously would be that.
Incidentally, one of my "pregnancy tests" of men and ideas is "would this happen without coercion, and if so, what would it take?" (/)
@chigrl @nglinsman @RobertMCutler @BaldingsWorld @DukeMarcude That gives a clearer perspective, imho. On #Canada, the point now is NOT vaccinations. If vaccines don't work with rates over 85%, they never reliably will. Also, no one asks how many protesters ARE vaccinated. But authorities avoid checking that like the plague(/)
Feb 10 9 tweets 3 min read
Just so you know: I served my conscription in a "Carabinieri" batallion, which as a corp is technically part of the Military but whose main duty is policing Italy , mainly outside the main cities ("Territoriale") and provide men from the Batallions for public order.(/) After a 3 month training I served 9 in one of those batallions. Soccer games, guard duties, public protests, Tribunal work etc. Also beef up ordinary patrols like the one depicted here.
It was 1987 so it was another Era and another country, but... this troubles me. (/)
Jan 22 17 tweets 6 min read
Just for the foreign crowd, NO lay person in Italy knows that #Germany actually HAS a president of the republic, let alone who the person is. Yet the election for the Italian one makes "Cat on a hot tin roof" an image associated with Xanax. (/) That's because contrary to other countries, in Italy the President wields enormous power and he's not afraid to use it. We have a decent track record of things which are intuitively against our Constitution that are not only signed into law, but are then defended by pundits.(/)
Jan 22 5 tweets 6 min read
The terrible truth is, #Putin know that the West will NEVER in his lifetime have such a poor political AND military leadership for a decade at least, and he's not getting any younger. (/) @Halsrethink @nglinsman @BRyvkin @RobertMCutler @amlivemon @vtchakarova Even countries who traditionally compensate a small military instrument with either technology/ training (Israel) or "Élan" (France) are hampered now.
If anything, what hampers #Putin, ironically, is *NOT* his adversaries.(/)
Jan 22 4 tweets 3 min read
"Italians received first energy bill 2022: +100% from last years for households, up to +300% for industries. This is BECAUSE Italy invested 220 bln in renewables in the last 10 years."
There, fixed that for you. (/)
@jacopogiliberto @chiccotesta @CarloStagnaro @pietercleppe just so you know, THIS is the most expensive and newest western European Nuclear plant: en.wikipedia.org/wiki/Olkiluoto…
Let's make it a round 10 bn. EUR instead of 8.5 bn.
220 bn is 22 power plants at 1.600 MW nameplate, marginal cost of fuel is negligible.(/)
Jan 20 8 tweets 4 min read
Part of a common misconception: Europeans have always had a coherent strategy, that is NOT to become militarily independent. That makes sense, but not at the force-on-force level: (/) @Halsrethink @nglinsman @RobertMCutler @vtchakarova @pietercleppe @Danjsalt @moutet Ostensibly this enabled them to quieten the leftist/pacifist part of their political spectrum (remember the Euromissiles fracas?) but again, that was only a superficial issue. There was a real one tough. (/)
Dec 4, 2021 14 tweets 5 min read
*cough* forse sarebbe il caso di ricordare che la gran parte dei vaccini obbligatori, in termini di efficacia rispetto a questo, sono un Iron Dome paragonato ad un cannoncino. FUNZIONANO e basta, quindi il vaccinato non ha controindicazioni di salute dai non vaccinati.(/) Il che in parte spiega le blande sanzioni presenti su chi "evade" i vaccini obbligatori: perdonerete la brutalità ma in sostanza la collettività dice "cavoli suoi". Qua "ricadono anche sugli altri" perché contro i virus anti influenzali c'è... un aleatorietà. (/)
Oct 26, 2021 8 tweets 4 min read
Thread: it is , anyway, only a costly loan son of #QE, and unintended consequences abound. Here are some, in no particular order: (/)
@Halsrethink @amlivemon @nglinsman @chigrl @DavidBCollum @DiMartinoBooth 1. of course, there are not enough super rich to go around so this would trickle down to middle income / middle wealth families. Moreover, will pension plans be excluded? #401K, #IRAs? (/)
Jul 28, 2021 10 tweets 4 min read
Thread: piccolo manovale per capire che il #GreenpassObbligatorio NON E' simile alla patente di guida.(/)
@nglinsman @AlessandroPonz4 @vitalbaa @LorenaLuVi @Curini @brubenasich @DonChisciotte_P La cosa è stata aggiunta al pamphlet consegnato ai filogovernativi, perchè ormai, per chi segue le trasmissioni italiane, lo schema di risposta della parte publica/elite/media è questa: (/)
Jul 27, 2021 22 tweets 8 min read
Thread #GreenpassObbligatorio : perchè mi stanca sentire affermazioni senza che ci siano domande.(/)
@vitalbaa @petunianelsole @DonChisciotte_P @LorenaLuVi @nglinsman @Curini a @StaseraItalia c'è stato un lungo dibattito sul Green Pass. Ci si fanno molte domande, naturalmente. dalla rabbia mi verrebbe da dire "tutte sbagliate", ma comprendo le ragioni dell'altro. Ma se mi si permette, vorrei fare le MIE domande. (/)
Jul 26, 2021 10 tweets 4 min read
Peraltro, Vit, sarebbe bello conoscessero "le basi delle basi"; l'universalità nacque per evitare che i più poveri fossero il brodo di cultura delle malattie, come mi spiegava papà medico condotto. Per chi non lo sapesse, in quella forma il medico dipendeva dal comune.(/) Il suo compito era l'assistenza di base ai cittadini sprovvisti di copertura, allora privata o data dalle Mutue aziendali. Quello che succedeva prima della nascita della condotta e della figura di "Ufficiale sanitario" era che i poveri, se si ammalavano, non si curavano(/)
Apr 4, 2021 14 tweets 5 min read
Lockdown thread: Albert is a friend with a knack for goading me into thinking. Disclaimer: i am not a data scientist, this is a contentious issue.(/) @jeuasommenulle @petunianelsole @DonChisciotte_P @nglinsman @chigrl So, I want to explore the political issue about lockdowns, since COVID is a POLITICAL crisis more than an economic one. There have been many, many decisions along the way which fit reality only if politicians prefer power above citizen's lives(/)
Apr 3, 2021 12 tweets 7 min read
Thread: This phrase should be sculpted on the #ECB building and both #EU and national parliament. However, it's only partially correct. @jeuasommenulle @nglinsman @dlacalle_IA @bondstrategist @bondstrategist @AlessandroPonz4 @jeuasommenulle @DiMartinoBooth First, it must be said clearly that while Economist use math, it's a humanistic discipline and not a "science" when taken as a whole, no matter how much you stuff the syllabus with difficult scientific courses.(/)
Apr 1, 2021 7 tweets 6 min read
It has to be reminded that it did NOT work on #HongKong, where the main driver was treaty expiration, NOT Chinese pressure. Even there, economic, political and military considerations made it unpalatable.(/) Yet treaty duly expired, since there was no way for the UK to act otherwise. If anything, what should worry #Taiwan is NOT #China. It's #Germany, which is turning into a sort of Neutral player whose goal is to displease no one.(/)
Mar 31, 2021 5 tweets 3 min read
Tax Thread: .... daje... NO, NON SONO UNA PARTITA DI GIRO! ma l'effetto non è intuitivo e spesso le persone capiscono il contrario della realtà. (/) @ALESSIO_ARGIOLA @d_stevanato @recifar @DonChisciotte_P @tax_analysis @recifar @LorenaLVilla immaginate due dipendenti, tre del settore privato ed uno del pubblico, tutti ad una tassazione del 25% che prendano 100 lordo. (/)
Mar 30, 2021 6 tweets 3 min read
THREAD: "What if this is as good as it gets?" (/)
@nglinsman @amlivemon @DiMartinoBooth @chigrl @dlacalle_IA @bondstrategist Image That's a movie quote in a quite likeable, witty, and at times heart rending movie with Jack Nickolson: (/)
Mar 18, 2021 7 tweets 4 min read
THREAD: in fact, one of the worst aspects of #QE is that, by carrying a huge size bias, it is the ultimate anticompetition clause: only the big can access money.(/) @Halsrethink @nglinsman @bondstrategist @DiMartinoBooth @dlacalle_IA @amlivemon @DavidBCollum If you are an established company with a medium to big balance sheet, you not only can afford the paperwork (internal ratings, anyone?), but YOUR risk premium is compressed by Central Banks.(/)
Mar 16, 2021 4 tweets 2 min read
Ho appena sentito @renatobrunetta al #TG5 e schiumavo alla bocca dopo un pomeriggio passato a caricare dati inutili richiesti da una organizzazione che li ha già. (/) @DonChisciotte_P @liberioltre @LorenaLVilla Dopo, dovrò continuare la mia settimana con adempimenti senza senso. E lui vuole "assumere i giovani migliori" (/)
Feb 28, 2021 5 tweets 2 min read
In più, c'è un problema "negoziale": se sei un imprenditore come @recifar , ed hai seguito la polemica su VDL - Gallina - Vaccini, hai due impressioni:
1. questi sono burocrati fissi nel presente;
2. quando sbraitano dopo urlano "penali" e se la prendono con te.(/) Ora, ADESSO c'è un problema di scarso numero di VACCINATI. ed i politici strepitano per avere più vaccini, ma quello che secondo me Renato, @carloalberto @AlfonsoFuggetta , e tanti altri amici che stimo pensano è: (/)