Berlin, Germany
Joined July 2012
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Bags packed. Everythings ready. This trip #HomeToVoteYes is a burden. My exams start Monday. I barely had the money to get a flight. But this burden is nothing compared to the feeling of neglect & misery which Ireland systematically imposes on its women.#Together4Yes #hometovote
Poputchk retweeted
Well, I've read this Sarah Russell poem about 15 times this morning... So now you can too:
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In 2021, the population of the 18-34 group was approx 1.05 mill in Ireland
62% still lived at home (650,000)
Of those, 36.5% work full-time (237k)
Employment for this group (*20-34) is 680k, 81% full-time (550k)
Over 40% of Irish full-time workers u35 live with their parents
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🚨🚨🚨
The Financial Times has a thread on Ireland’s much remarked upon housing crisis. 🏡🏡🏡🏡
Here’s a thread on what stood out /1
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in the mid 20s liminal space where if u entertain dinner guests half the people r gonna bring a $30 bottle of natural wine and beautiful salad the other half are going to bring themselves and the largest bag of flamin hot cheetos u have ever seen
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There will be a need for higher taxes on the well-off. Wealth will need to be taxed considerably more. This is not for revenue: it is time to reorder British society so that it is no longer structured to serve an elite, but everyone.
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The UK’s final salary pension funds nearly failed yesterday. It has cost £65 billion to bail them out, much of that going to people who are better off, overall.
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Six days after Kwarteng gave the worst budget in living memory, where are we? A summary thread…
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Nothing short of a revolution can save us right now, and there are risks. But given we cannot survive as we are we have no choice but change. And as was the case in the industrial revolution, we might just turn out to be the first to do so.
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For those who want to know more about how the economy works, this is my free eBook 'Money for nothing and my Tweets for free', entirely based on Twitter threads. taxresearch.org.uk/Blog/wp-c…
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Now we're truly getting into unorthodox economic thinking. – at Camden Town, London
ALT The ECB's chief economist has an idea for governments wishing to support vulnerable groups without further fueling inflation: Tax the rich. Governments could target higher earners and industries and companies that are "highly profitable despite the energy shock," Philip Lane told Der Standard. It would keep inflation in check, unlike widening deficits, he added.
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If you are a journalist confronted with one of the Truss economics outriders and you are not sure how to challenge them on the validity of the Truss-Kwarteng plan, there are many ways to go...
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The starve the beast strategy requires a period of a year at least between tax cuts and calls for spending cuts, so the two are not closely linked in voters minds. The market reaction to Kwarteng's unfunded tax cuts means that will not be possible. 1/6
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(analysis in this video)
youtu.be/EiblHqbpXHs
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This seems phenomenal to me and indicative of a broader problem amongst journalists and economists in understanding the simple concept that money is a thing, and that money has a value, and that that value is subject to change 11/X
