The Mafia is undoubtedly cool. It makes for good TV and good movies, and some even argue that it makes for economic growth, that it 'greases the wheels'. But I've never believed this theory, and I think there's considerable evidence against it🧵

🦀 Hairy crabs from #Jiangsu are now flown to #Shanghai in just 15 minutes, thanks to drones. That’s 130 km and 2.5 hours shaved off traditional road delivery, ensuring these seasonal delicacies arrive faster and fresher.

Dubai exports of Gold account for 30% of their non oil exports. Dubai has ZERO gold mines 97% of UAE’s gold comes from Sudan. Reminds of diamonds.

Buying an imported car on leverage is the best trade against a deprecating PKR

Still a 🐐 comment h/t locked account

While we all admire Manchester City for its football, it’s important to raise awareness about something serious. You may have noticed City’s channels are flooded with comments about Sudan — here’s why. Reports link Sheikh Mansour, the club’s owner and a senior UAE official, to

Next Capital made a loss of Rs. 7m this quarter, yet must pay Rs. 6m in taxes under the govt’s minimum-tax regime. Total loss becomes Rs. 13m. This isn’t taxation, it is extortion dressed as compliance. Taxing losses means punishing honesty and rewarding evasion. Why risk

Punjab Assembly has unanimously approved a resolution asking the federal parliament to amend the constitution and insert a chapter on local governments to make them empowered and effective. This is a most welcome step. I hope other provincial assemblies will also pass similar

Many are deeply coping about this post. The truth is you have two options to qualify as high agency. Either… A. you are solving problems in the market at a level appropriate to your problem solving ability (IQ) and being compensated proportionally or… B. You are pursuing a

affable gujarati muslim guy who speaks arabic, spanish, and bengali he would have been cleaning up in the 16th century southeast asian spice tride

While private business, investment and economic activity is being killed -- public sector expenditure through provinces continues to grow. This effectively leads to a situation where capital which can be more efficiently deployed by private enterprise, is now being atrociously

Jacobin if you were the most boring investor on the planet, getting 5% on an initial $100 over 533 years would get you $20 Billion. no stealing required. $5,300 initial would get you to $1T. Dracula would have to be stupid to not end up a multi trillionaire

Lmao

Dear Prime Minister Shehbaz Sharif, this is a bad idea. Please do not do this. Rs. 50B is $180M or thereabouts. Please allocate this amount to 10 of the leading VCs and become a significant LP with each of these funds. Ask them for only one thing: every year you will send 10 top

⏰

someone sell those RLNG plants already....

Two of the five dard e disco cities are now under the caliphate

Dark Factories? Of course you thought there wasn't anyone on the floor. They were hiding in the offices while management pretended to turn the lights on for you. Let me guess -- you just finished the McKinsey Quarterly deck on lights out factories, and now you think humans are

This evening belongs to everyone still humming the lines, still quoting the moments, still feeling the heartbeat of Almost Famous. Join me and @katehudson for #TheUncool tour in San Diego at @themagnoliasd on Nov. 13. Ticket link in bio to get in on this magic.

For any of this to happen, the deficit needs to come down, for that to happen spending needs to reduce, can' increase tax no more, and for that to happen provinces need to stop getting a free ride... Can't get any sustainable growth without seriously rethinking NFC