R. (@kangrozin) 's Twitter Profile
R.

@kangrozin

Quick reflections on market, economy, and politics

ID: 1603447258040926208

calendar_today15-12-2022 17:50:13

298 Tweet

153 Followers

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Cardwell's Law: Technological advancements can threaten those invested in older technologies, leading them to resist innovation and lobby for policies that maintain the status quo, thereby slowing the adoption of new technologies. shorturl.at/sWi9C

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Didn't know this. Remarkable considering the fact that at the time Bank Indonesia was not independent. katadata.co.id/ekonopedia/sej…

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Gibran's lack of class being exposed this early could either permanently damage his career or make him dangerously invincible. The latter seems more likely unless incriminating evidence surfaces & Prabowo's coalition decides to act on it. Else, he could end up becoming our Trump.

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The Fed cutting rates just weeks before Prabowo's swearing-in is good news for him—he'll get the credit for revitalizing the economy quickly, while the central bankers thousands of miles away do the heavy lifting.

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Indonesian conglomerates are pushing the EV industry after making major investments, blocking hybrid car subsidies in the process. I wouldn't be surprised if they soon push for the complete removal of fuel subsidies.

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Cirebon is underrated: a small but complete and congestion-free city. Culinary scene is surprisingly good, with a proportional mixture of modern and traditional establishments. There are some eyesores, but nothing that can't be fixed, it seems. Also, I see a lot of buses.

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A democracy loses its sanity when its public intellectuals think not in terms of public reason, but in terms of public relation.

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"They will do it even though the prosecutor doesn’t want him to be executed, the jurors who sentenced him to death don’t want him executed and the victims themselves don’t want him to be executed" shorturl.at/EF6Kb

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I don't know why a lot of seemingly well-read people here seem comfortable applying scripturalist approach (it's written somewhere, therefore it's true) when debating about completely secular issues, as if their bibliography is a list of inerrant scriptures.