Twitter | Search | |
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴
Economic Populist. Attorney-CPA-Bodybuilder. Developed a Bitcoin IRA where you hold your own keys. RT/Like=/=Endorse.
7,617
Tweets
292
Following
3,529
Followers
Tweets
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 5h
Important point here. A society where the most successful members are usurers is a society with perverse incentives. (Usury is broadly defined as interest or profit from nonproductive activity, regardless of rate of return.)
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 7h
Replying to @HeatherHabsburg
Done.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
Anna Khachiyan 9h
The β€œexperts” have robbed you of your future not once but twice. First they mismanaged the spread of the virus forcing everyone into interminable quarantine. Then they misallocated the relief funds to bail out the most nonessential and parasitic segment of the economy. Good job!
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
Anna Khachiyan 12h
The big question now is: how to capsize the collective psychological conditioning that nonessential, indeed, parasitic industries are the lifeblood not only of the American economy but of the American Dream? How to put an end to this blind faith in the β€œmarket”?
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
Learned Dr. Kantbot, PhD 13h
Replying to @KANTBOT20K
So to put it all in perspective, all that QE is going into the Financial services sector, which is 20% of our GDP and 5% of employment, and will be reinvested in real estate etc with profits being paid out in bonuses to those working in the fourth highest paid economic industry
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
leftpain: sugarheart revenge 13h
Replying to @MSFT__Incel
i wanna recreate that dark knight scene where bane is forcing the cops to walk across the frozen river to jersey but they fall thru the ice. but with our media class
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 10h
Replying to @HeatherHabsburg
If you're out in CA you'll be good. The worst cases seem to be caused by high viral load, which usually comes from density (mass transit, etc) or being a healthcare worker exposed to it all day.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 10h
Replying to @HeatherHabsburg
You'll be fine
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
Alessandra 14h
Lombardy and Veneto, the regions most severely affected in northern Italy, are the most productive (actually productive, they don’t live off trade-surpluses like Germany) in Europe and the world.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 16h
I agree that all trade should be conditioned on labor and environmental conditions.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 16h
They degrade over time (elastic dries out), so that doesn't seem likely. You'd flood the market as expiration approached and end up taking a bath over and over.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 17h
stockpiling. There's been some good articles about how the move to for-profit hospitals has cut the number of beds available in disasters, since it's not economically efficient to have the extra beds. 2/2
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 17h
The fundamental problem is markets optimize for efficiency, which is often good, but bad for pandemic preparedness. It's not profitable to prepare for a pandemic, because they're too rare & irregular. This cuts in favor of regulation like mandating domestic production or 1/x
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 17h
That's the thing; I don't think there was a good short term solution. Hospital demand is basically inelastic in a pandemic, and a comparatively insignificant number were going to non-hospital use where the demand would've been more elastic.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 17h
The black market numbers were very, very small in comparison to the size of healthcare needs tough (evidenced by how quickly they sold out with most Americans not getting them). Healthcare needs are literally in the billions of masks.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 18h
Replying to @nntaleb
A localism based in the principle of subsidiarity.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 18h
Replying to @pierre_rochard
Yeah that's definitely true. There were good tutorials weeks ago on sewing your own.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 18h
Replying to @pierre_rochard
The real question, and I mean this sincerely, is what strategy should've been employed in those initial weeks when masks were in dire shortage and needed for healthcare workers? I'm all for forcing domestic production, but that wouldn't have helped short term.
Reply Retweet Like
Jeff Vandroux 🌴 🌴 🌴 🌴 🌴 🌴 🌴 retweeted
Michael Coudrey Mar 27
BREAKING: French government reverses earlier ban on hydroxychloroquine for treating COVID19 patients in light of successful clinical studies showing significant efficacy against the virus. Hydroxychloroquine may now be prescribed to treat COVID-19 in France.
Reply Retweet Like