The covid pandemic pushed millions of people into extreme poverty. This chart shows the global trend since 1990, and then the impact of the pandemic based on preliminary estimates produced by researchers at the World Bank.
[This chart is from: ourworldindata.org/poverty?insigh]
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Nutmeg 2
@dachs8
don't cry, don't die, and have some fun!
Joined July 2012
Nutmeg 2’s Tweets
obsessed with whatever the fuck glenn howerton does to every dennis line
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There’s nothing better than when an actor takes a nothing line and makes it hilarious based on the delivery alone. Some people truly could make the phone book funny.
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Only four states break even on road spending, but I'd love to hear more about how transit "doesn't make a profit."
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There are people who make a decent living sending emails all day who claim flipping burgers is unskilled.
All work has dignity.
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For 10 Years, VALUATION was not a factor in my investing.
That ends today
Here's what will be changing...⤵️
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The P/E ratio is flawed.
It’s an overused metric that easily deceives investors.
Here are 8 reasons why the P/E ratio can be INCREDIBLY misleading (and what metrics to use instead):
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Grenzwertig, die ganze Packung Fasnachtschüechli in zwei Minuten reinzufressen - selbsterniedrigend, danach Krümel und Puderzucker aus dem Karton zu löffeln!
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Wer es nicht glaubt, höre es sich selber an:
sagt unumwunden, es sei unchristlich, ja kriminell sich einem überlegenen Aggressor nicht zu unterwerfen.
Köppel, der Landesverräter, der sogar Hitler in den Arsch kriechen würde.
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It is funny that people think Capitalism hasn’t caused any deaths.
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A list full of quality:
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begging people to stop romanticizing the pre-industrial era
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Does anyone else think about this essay all the time?
"Collapse is just a series of ordinary days in between extraordinary bullshit, most of it happening to someone else. That’s all it is."
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Lustig? Eher tragisch!
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Das ist lustig: Die SP-Spitze in Basel stellt sich hinter den Rheintunnel und macht sich damit endgültig unglaubwürdig.
Liebe SP, schon gehört? Es gibt einen Abstimmungsentscheid bis 2037 klimaneutral zu sein.
Der Autobahn-Rheintunnel ist das Lützerath von Basel. #watchingyou
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SIX secrets of highly SUCCESSFUL people:
1. Own property
2. Extract surplus value from the working class who must sell their labor to survive
3. Buy politicians
4. Control the media
5. Control the education system
6. Rely on the State to enforce the social hierarchy with violence
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No retort about free healthcare will ever be as disrespectful and insensitive as this one.
Wen you call the cops, you don’t get a bill.
When you call firefighters, you don’t get a bill.
When you call an ambulance, you do get a bill.
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Replying to @ninaturner
“It shouldn’t cost at all.”
Should medical providers be forced into slave labor, then?
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What fictional death from tv, movies, or literature still makes you cry?
I’ll go first…
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If you want other people to wear helmets, at least be consistent!
(cartoon by : davewalker.com/safety)
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🇨🇱 Chile had one of the world's highest shares of #solar power last year.
Read our Global Electricity Review:
ember-climate.org/insights/resea
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Large population cohort in Denmark **during lockdown** periods finds "no support" for the notion of increased self injury, suicidality, and eating disorder symptoms in young people.
Data that needs amplification as it speaks against the moral panic.
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"The first rule of a happy life is low expectations."
— Charlie Munger
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This round of layoffs in particular it feels clear that this isn't about a recession or profit or even worker quality. It's about fear induction. Lay off a bunch of people, and you grab a bit of power back out of the fear among the remaining. It is easier to exploit them.
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I don't think anyone believes the car industry would be happy for city dwellers to use bicycles instead of cars. They need to sell cars.
So why do you think the car industry played such a major role in the promotion of bicycle helmets?
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“unemployment serves as a worker-discipline device because the prospect of a costly unemployment spell produces sufficient fear of job loss to motivate workers to perform well”
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Through a FOIA request, I got my hands on Janet Yellen's 1996 memo offering a theoretical explanation of why the decline workers bargaining power might allow for easier monetary policy. You can download the memo here: ourtime.substack.com/p/empathy-econ
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When Charlie Munger was asked if he drinks alcohol…
Why would I take money out of my pocket to put something in my body that makes my head work less well?
😂🍻
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Some statistics are worth knowing by heart:
The average – mean – income in the world is $18 per person per day.
It is the latest data (from 2019). This is adjusted for price differences between countries.
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Tuesdays is just another Monday 🌧️😫
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$TXN
This is how a disciplined capital
allocation strategy makes 3x FCF
to become 7x FCF per share
investor.ti.com/static-files/f
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if you want to get lawn-hatred-pilled just check this out. now try to find turf grass on this chart. i'll give you a hint
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Free Assange in 2023
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I hate it when they do this...
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