Lightnews — Scholar-powered news

John Galt

@johngalt8.bsky.social

11K followers 8.8K following 1.2K posts

Twitter refugee. Your nextdoor Chief Economist. Peace through superior firepower! Good will prevail! #NAFO

Posts Media Videos Starter Packs

Pinned

John Galt @johngalt8.bsky.social · May 21

BTW did you notice how Trump, who casually threatened to “completely annihilate" the Houthis in Yemen in late March... quietly "lost" the war and abandoned his allies Israel and Saudi Arabia 😃. The same war that Pete Hegseth was super excited about in "Houthi PC small group" chat? Do you want a 🧵?

John Galt @johngalt8.bsky.social · 8h

Ахахахаха 🥲

Reposted by John Galt

Christopher Webb @cwebbonline.com · 10h

The world joined us and said, “No Kings.”

John Galt @johngalt8.bsky.social · 14d

Сто процента ще опитат

John Galt @johngalt8.bsky.social · 20d

Безумно е 🤦‍♂️

John Galt @johngalt8.bsky.social · 20d

Friends, please donate to this request if you are able to! I know I did

John Galt @johngalt8.bsky.social · 25d

Honestly, I can express my thoughts with emojis only about this - 🤦‍♂️🤦‍♂️🤬🤬🤬🖕🖕☝️🍑

John Galt @johngalt8.bsky.social · Sep 13

I think he'll try to release them in some form next year, but probably heavily edited.

John Galt @johngalt8.bsky.social · Sep 13

What I mean, cracks are appearing both in russia and the US and as we know... politics is a fickle bitch. In russia we see the shortages but that's just the top of the iceberg. They are milking their economy dry. Everything goes to the military. Investments are non-existent

bsky.app/profile/anto...

Anton Gerashchenko @antongerashchenko.bsky.social · Sep 13

One of the key blows has been attacks on oil refineries: according to various estimates, the country has already lost between 17% and 20% of its production capacity.

John Galt @johngalt8.bsky.social · Sep 13

What I forgot to say is, I think now Trump clearly sees that he needs allies against China, especially after the summit last month... but it's a bit too late for that. He managed to burn an insane amount of political credit and international goodwill for his own ego.

John Galt @johngalt8.bsky.social · Sep 13

Nobody will agree, it's an incredibly stupid proposal to begin with... It's childish

John Galt @johngalt8.bsky.social · Sep 13

NEVER FALL FOR YOUR OWN PROPAGANDA! 😂 Now we are very, very close to the time when Europe will start playing for time as well! If we can keep this deadlock till the end of the year, without significant damage for the EU and Ukraine, our policymakers will see the opportunity clearly.

John Galt @johngalt8.bsky.social · Sep 13

a less hostile US administration that is not burdened with morals or principles. What he didn't get right however, is the level of influence that this administration will be able to impose. After all, the russian propaganda was repeating for decades that we are all US pawns.😃 Don't make this mistake

John Galt @johngalt8.bsky.social · Sep 13

2.5 years ago tzar putin made a very crucial decision - that he'll play for time. He knew that Western politics is a fickle bitch and if he can't win outright by military means, he'll just have to outwait us. In hindsight, his strategy at the time was right. He got what he wanted -

John Galt @johngalt8.bsky.social · Sep 9

Thank you dear 😊

John Galt @johngalt8.bsky.social · Sep 9

Vielen Dank! 🥂

John Galt @johngalt8.bsky.social · Sep 9

Well, that was that... Just tied the knot with my ultimate fella-in-arms! From now on, we're bonking Russian trolls as a dynamic duo! Our russophobia will only grow stronger together... and multiply 💍🐕

#NAFO #FellaWedding #BonkForever

John Galt @johngalt8.bsky.social · Aug 31

Ще го открадна 😆

John Galt @johngalt8.bsky.social · Aug 31

🤣

John Galt @johngalt8.bsky.social · Aug 30

Само да ги намери на картата 😆

John Galt @johngalt8.bsky.social · Aug 30

Now, factor the effect of deficit spending and the increase of debt. 1% deficit yields between 0.3% and 0.8% of GDP.

John Galt @johngalt8.bsky.social · Aug 30

This is exactly the case, plus 2 more factors - inflation hits lower income families disproportionately harder to the point where it has wealth effect, asset price inflation benefits rich people more. In addition to income (GDP) redistribution, you also have wealth redistribution.

John Galt @johngalt8.bsky.social · Aug 30

So far, it very much looks like the promised "magic AI" that will solve all problems will not deliver 😃. First, I was super impressed with the models, but with each iteration that supposedly makes them smarter, they somehow become more and more laughable.

John Galt @johngalt8.bsky.social · Aug 22

Post-scarcity може да има само за основни стоки и услуги. Нали се сещаш, че на света няма достатъчно ресурси за всеки един човек да има яхта, частен самолет, 3-4 ваканционни къщи и по един космически кораб... Желанията на хората са безгранични! Хората винаги ще се конкурират и ще искат повече.

John Galt @johngalt8.bsky.social · Aug 22

Добре, значи една част ще бачкат (защото scarcity или post-scarcity на една част от хората винаги ще им се налага), а други няма да бачкат, защото така ги кефи и всички ще имат еднакво и ще са ОК с това?? 🤣 Парите се появяват от необходимост, спонтанно и далеч преди омразния ти капитализъм.

John Galt @johngalt8.bsky.social · Aug 22

Да перфектно звучи, само не знам ако искам да си спестя 1 боядисване за догодина, например, как го правим... Ще трябва да ми дадеш разписка, че ми дължиш едно боядисване 🤔. Аз пък мога да я дам на млекаря, на когото му трябва боядисване днес срещу 10л мляко. Дейба, накрая пак ще измислим парите.