Deepak Munjal

@Geiger_Capital @ericswalwell He has to leave Congress after this term. He cannot run for reelection because he was running for governor. I don't think he's even on the ballot for the June primary.

@ericswalwell Don’t worry Eric… You’ve still got your seat in Congress!

I am suspending my campaign for Governor. To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past. I will fight the serious, false allegations that have been made — but that’s my fight, not a campaign’s.

@PramilaJayapal Did you say anything when inflation was 9.1% under Biden? Your chart shows this happening in 2022. You should delete this post.

“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.” – Donald Trump, 8/9/24

@tradeWerkz @Microinteracti1 There is a correlation. QE and ZIRP are intended to fund debt by keeping borrowing rates low for the government. Do you think the Treasury could borrow $5T from the market to fund the pandemic stimulus? Rates would have gone up otherwise. Asset prices rebounded immediately.

@dmunjal @Microinteracti1 You confuse Bernanke's reference to QE and inflation with the low correlation between debt and inflation. And low IQ that is so prevalent in the US.

Karoline Leavitt: “They were tested and they failed.” Here’s the thing about NATO that apparently needs explaining to the most powerful government on earth: it is not a taxi. You do not ring NATO. You do not place an order. You do not specify delivery within 72 hours and then stand in the Rose Garden bewildered that nothing has turned up. NATO is a collective defence alliance built on the radical concept that its members are, in fact, members, with votes and opinions and sovereign militaries they get to deploy according to their own national interests. This is written down. It has been written down since 1949. The documents are available in English. Nobody in this administration has read them. Let’s go back to Greenland for a moment, because this is apparently where the rot set in. Trump wanted Greenland. Just wanted it. Asked if he could have it. Was told no, it belongs to Denmark, which is a NATO ally, which means the whole thing was always going to be diplomatically awkward at best and catastrophically self-defeating at worst. His response was not to reflect on this. His response was to decide that NATO was a large problem. An alliance of thirty-two nations that has kept the peace in Europe for seventy-five years was, in his assessment, getting in the way of his property acquisition. This tells you everything you need to know about how the man thinks. And it tells you everything about who he hired to think alongside him. Every serious leader in history, every CEO worth the title, every general who ever won anything, has operated on the same basic principle: hire people smarter than yourself. Steve Jobs did it. Churchill did it. Every remotely competent executive who ever ran anything of consequence understood that your job is not to be the cleverest person in the building. Your job is to find the cleverest people in the building and then get out of their way. Surround yourself with people who will tell you when you’re wrong. Who know things you don’t. Who have read the documents.Trump inverted this entirely. A cabinet selected not for expertise but for loyalty. Not for knowledge but for the willingness to perform agreement. Pete Hegseth at Defence. A communications team that announces things with confidence at a ratio entirely disconnected from understanding. An administration where the qualification for the job was, essentially, never making the man at the top feel inadequate. The outcome of this philosophy is Karoline Leavitt at a podium reading four words as though she had just solved something. Delivered with the serene confidence of someone who has never had to sit in a room and actually work out what NATO is, how it functions, why it was built, or what the word collective means in the context of collective defence. They were tested and they failed. Europe is not shaking its fist. Europe is shaking its head. Slowly. Wearily. In the way you do when you’ve explained something seventeen times and the person across the table still hasn’t got it and you’ve finally accepted that they never will. The allies are building their own defence architecture now, with people in the room who have read the documents. They stopped waiting for Washington to grow into the role some time ago. And somewhere in all of this, Greenland is still Danish. Still will be tomorrow. NATO is still an alliance of sovereign nations who get to say no. Still will be next week. And the White House is still staffed by people who find both of these facts baffling. Some things don’t change just because you haven’t understood them.​​​​​​​​​​​​​​​​ ​ Stay connected, Follow Gandalv @Microinteracti1

@tradeWerkz @Microinteracti1 Source for that quote? If you read what Fed governors say, they print to cause inflation. Here's Bernanke writing how QE can raise asset prices which causes wealth inequality. Even during the pandemic, the Fed printed $5T to counteract deflation. federalreserve.gov/newsevents/oth…

@dmunjal @Microinteracti1 You couldn't have looked it up by yourself, could you?

@officer_Lew @grok Has he been arrested yet?

Tough guy putting their hands on a woman... meanwhile Savannah Hernandez looks like she weighs 100lbs soaking wet. All I’m saying is he’s lucky real men weren’t around😵‍💫…this guy is a real POS‼️

@tradeWerkz @Microinteracti1 And debt monetization (QE) is the real cause of inflation. That is exported to the rest of the world so the impacts to the US are less than would be otherwise. How else can there be 3.3% inflation with $40T in debt? Wars are fought over this power. investopedia.com/articles/inves…

@tradeWerkz @Microinteracti1 You did miss it. You don't understand the monetary system and the value of the reserve currency. Why else do you think we fight all these wars? To protect dollar hegemony. whatismoney.info/exporting-infl…

@BobKvas @BreannaMorello @HarmeetKDhillon And a minority woman at that.

@BreannaMorello @HarmeetKDhillon I'm Minnesotan. How are you credible as a mob when you resort to this. You're physically assaulting someone you disagree with and justifying that assault on a moral high ground only possible by a thug mob. Disagree if you like, but this is reprehensible.

🚨UPDATE🚨 I’ve reached out to the FBI, DHS, and Hennepin County Sheriff’s Office about Savanah Hernandez being assaulted. DHS alerted their team nearby @HarmeetKDhillon is also looking into this as well.

@DavidJHarrisJr What did he say when inflation was 9% when he was in the Biden administration?

🚨Pete Buttigieg: "Inflation has tripled in one month. Higher now than when Trump took office." Thoughts?

@tradeWerkz @Microinteracti1 My experience in the US has been very positive over the last 50 years and I've traveled all over the world. As for the US debt, it doesn't matter because as the reserve currency, it can export its inflation to the rest of the world. Who do you think will fail first? Not the US.

@dmunjal @Microinteracti1 2/ Debt started exceeding nominal GDP 20 years ago, needs to print $3 debt for every $1 GDP "growth. US hasn't supported Ukraine for 1 year, because Russia bought your pres. Fix your hole first, then lecture Europe. Congrats if you are good with math, because you are the only one

If Saylor hadn’t been hopeless and on the verge of bk he wouldn’t have bought BTC If Kanye hadn’t crashed out he couldn’t redeem himself If Trump hadn’t been deplatformed and shot at he wouldn’t have won The world can take away your youth. Your success. Your access. It can cancel you. Bankrupt you. Destroy your health. Or even try to kill you. It can seem hopeless But if you can wake up. You can keep going and fight. It’s not “what doesn’t kill you makes you stronger.” It’s that when you’re stripped down to nothing you truly understand what it means to leave nothing on the table. You can go to a brink that other people can’t fathom. The truth is the world is cruel and it crushes a lot of people. And when you do get up it means something to the people who were left behind and couldn’t manage it Deep down we want to live in a world where redemption is possible. And that belief is fuel when you decide to draw a line in the sand and keep going. Trump is doing so much crime in office he’s got to pardon everyone. Kanye is still insane. Saylor is running increasingly complex and strange financial games. It’s not morality that keeps people engaged with these men. And it’s not what makes them great. It’s that - so many ppl were in the same place as they were at their lows - and at some basic level we want to believe it’s possible to still win without the blessing of the machine that destroyed us And it is. It’s not pretty and it’s not the same the second time. You do things you’d never have considered before. What you lack in energy and optimism you make up for in the simple brutality of having seen the depths and come back So see it clearly and don’t flinch from it. Both can be true. Redemption is possible. And when you rise again you won’t recognize yourself

@LukeGromen Luke, I thought this would make you happy. Heartland coming back. x.com/i/status/20427…

AAR Freight Rail Index (carloads ex-coal & grain) better sequentially, but still down slightly v. 2018 & only up marginally v. 2014.

@tradeWerkz @Microinteracti1 Well what do you know about this timing? ndtvprofit.com/world/ukraine-…

@tradeWerkz @Microinteracti1 No need for racist comments. I was born in the US and have lived here my entire life. And Dosa is South Indian and my parents are North. If the US is over 50% of NATO and it pulls out, the Ukraine war is over. It's just math. Supposedly, I should be good at that right? 😉

@marqoz @1stLeighton @Microinteracti1 There was no deal. x.com/i/status/20426…

@dmunjal @1stLeighton @Microinteracti1 Who cares if you are a bad actor not a third party. If you sign a "deal" and break it you are guilty.

@patch_summer @jasmineweidenb1 @Microinteracti1 Not just troops. The US has no legal obligation to supply funds, weapons or intelligence either.

@dmunjal @jasmineweidenb1 @Microinteracti1 Nobody says the US are obliged to put troops into the war in Ukraine. You're arguing with yourself.

@jasmineweidenb1 @patch_summer @Microinteracti1 There is no legal requirement for US to provide ANY aid to Ukraine. That's all I'm saying. The memorandum says this clearly. This has always been a choice by the US. With a new president comes a new policy.

@dmunjal @patch_summer @Microinteracti1 No one is asking for US troops to be on the ground in Ukraine, so I don't understand why you would bring up NATO.

@patch_summer @jasmineweidenb1 @Microinteracti1 The point is there is no legal requirement for the US to support Ukraine beyond seeking UN assistance. They are not in NATO and there is no Article 5. The Budapest Memorandum says this clearly.

@dmunjal @jasmineweidenb1 @Microinteracti1 I might have missed it, but I do not recall seeing the US military fighting Russia in Ukraine.

@LukeGromen @ces921 Trump is in the middle of many negotiations with EU around NATO, Greenland, etc. It's the same with China over trade, Taiwan, rare earths, etc. This is exactly how Trump operates. Squeeze your opponent right before major negotiations. Venezuela was done first for a reason.

@ces921 it might be, & if so, it will be par for the course for the astonishing lack of 2nd & 3rd derivative thinking around these parts they will suffer more than us for about 72 hours, at most, because "the USD is the reserve currency"

1. Then open the waterway. 2. Tell us what China and/or Russia have threatened in retaliation for flattening Iran.

@patch_summer @jasmineweidenb1 @Microinteracti1 Words matter. "The memorandum committed the United States and Britain to seek UN Security Council assistance for Ukraine, but it did not commit those two countries take to military action with their own forces against Russia if it violated its commitments" cisac.fsi.stanford.edu/news/budapest-…

@dmunjal @jasmineweidenb1 @Microinteracti1 If it was a guarantee then they'd have sent in military forces. It was an assurance. 🤦