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defensenow · 2 months

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rebirthwithlatoniataylor · 2 years

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IN A SELFIE WORLD, there is still a call to truth. . . So those who understand NO explanation is necessary & those who don't NO explanation will suffice. In MANUFACTURED Economic Crisis do you see that we NEED each other & families to reunite: Divine Feminine & Masculine? One without the other is UNHEALTHY! This captures the spirit of The #ankh: " The Divine Masculine is designed to protect, support, honor, and serve the Divine Feminine. . Our world has shifted to producing, profiting, and exploiting at the expense of our Truths, of others and of Mother Gaia. . Our planet is yearning for and calling for the awakening and reclamation of the embodiment of the healthy masculine in all of us. . It’s only in the harmony of the masculine and feminine essence do we witness Union, honor, appreciation, and unconditional love between us and amongst us." Reposted@coachmikorich #consciousloverwithmiko ☆ Join Us for REBIRTH SUNDAY every 3rd Sunday - Access via The New #Rebirth360App #ANewEarth "loading" #NewMessage "loading" #ExcitingNews "loading" #ShiftTalkPodcast #consciousloving #mindsetmastery #divinemasculinerising #divinefeminineawakening #healingvibrations #weneedeachother #stimuluspackage #akashicrecords #economicdevelopment #familytimeisthebesttime #familyislove #familytree #epigenetics https://www.instagram.com/p/Cev5GQLr_A0/?igshid=NGJjMDIxMWI=

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julzonthego · 3 years

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Mitch McConnell blocked efforts by Democrats to increase the stimulus checks from $600 to $2000. Even Trump wants this. When you’re a bigger asshole than Trump that’s really saying something. Fuck you Mitch! #Georgia, please vote blue so we can get rid of this guy as majority leader in the senate. 🐥 #fuckmitchmcconnell #moscowmitch #mitchthebitch #fuckmitch #fuckrepublicans #fuckthegop #corruption #georgiarunoff #jonossoff #turngeorgiablue #kentuckydemocrats #stimuluscheck #stimuluspackage #unemployment #rentalassistance #incomeinequality #democraticsocialism #berniesanders #feelthebern #bidenwon #voteblue #politicalart #politicalcartoons #politicalhumor #politics https://www.instagram.com/p/CJaSZcJgjbg/?igshid=yij2e2vdrmib

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tammiraek · 3 years

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Tammi 1-901-761-1900 #financingavailable #clicklinkinbio #buyonline #wedeliver #lincoln #continental now available #forsale at #landers cadillacofmemphis.com Come to 5433 #poplar #avenue in #memphis #tennessee #askfortammi #carsofinsta #carsofinstagram #stimuluspackage #stimuluscheck #stimulus #incometax #incometax #memphiscars #natiowidedelivery #nationwidevehicleshortage #sellusyourcar (at Landers Cadillac of Memphis) https://www.instagram.com/p/CNfivApFYC3/?igshid=1l9841ucl14ig

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rahkimsabree · 4 years

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Be responsible guys!

#stimuluscheck #stimuluspackage #personal saving #personal finance #finance #financial education #motivational speaker #mindset #entrepreneur #blackexcellence #tiktok #tik tok app #tik tok video #stimuluscheckchallenge

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stimulus-package · 4 years

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We could all use a good stimulus package right now amirite?

#stimulus package #stimuluspackage

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justifiedmadness · 4 years

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Reposted from @thececeshow 😂😂😂😂😂😂😂😂😂😂 #thececeshow #jokes #comedy #laughs #trump2020 #stimuluscheck #stimuluspackage #dontdothat https://www.instagram.com/p/CGBXT82hX_I/?igshid=1e6npscsxsxbg

#thececeshow #jokes #comedy #laughs #trump2020 #stimuluscheck #stimuluspackage #dontdothat

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weme2012-blog · 4 years

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The Rona Pack! IS it ok To Consume Daily???? ? ? ? ? ? #lilboosie #quarantine #covid #explore #torylanez #2020 #stimuluspackage (at Kingston, Jamaica) https://www.instagram.com/p/B-98568A-vw/?igshid=e5rwkqy407nl

#lilboosie #quarantine #covid #explore #torylanez #2020 #stimuluspackage

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randomrants-obdm · 4 years

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#pandemic2020 #stimuluspackage #memes #covid_19 #quarrantine https://www.instagram.com/p/B-UlDxxHzSc/?igshid=ou7b3qkrhh1r

#pandemic2020 #stimuluspackage #memes #covid_19 #quarrantine

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tammiraek · 3 years

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Tammi 1-901-761-1900 #financingavailable #clicklinkinbio #buyonline #wedeliver 2021 #cadillac #CT4 #luxury #sedan now available #forsale at #landers cadillacofmemphis.com Come to 5433 #poplar #avenue in #memphis #tennessee #askfortammi #carsofinsta #carsofinstagram #stimuluspackage #stimuluscheck #stimulus #incometax #incometax #memphiscars #natiowidedelivery #nationwidevehicleshortage #sellusyourcar (at Landers Cadillac of Memphis) https://www.instagram.com/p/CNc52DSlVKI/?igshid=fkgv792bqbuy

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mygustavo7 · 4 years

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Fellow South Africans

Let me take the time to apologize for my absence in the last couple of weeks.

The National Lockdown has really weighed heavily on my shoulders and my table has been inundated with requests around doing my bid as an essential worker.

I have first-hand experience of the devastating effects the lockdown has had on businesses and individuals alike. It pains me to see how our already contracting economy is taking hits from all sides.

This amount of bashing reminds me of Mike Tyson’s killer punches in his prime. He was relentless, quick and vile, almost like a rabid animal when he smelled weakness in his opponents. That’s what we stand to become in the absence of good and decisive leadership…Mike Tyson’s opponents…laying on the floor, battered and bruised…KO’d without throwing a single punch.

Hahaha I just wanted to start today’s conversation with what has become synonymous with our president. Let me take the first couple of moments to applaud his efforts. By choosing to lockdown the country before the virus spread to precarious levels, to constantly employing mechanisms to protect and provide for the poor, to assist businesses and by remaining resolute in his stance on some of the issues that arose during this lockdown, I genuinely think he deserves so much credit.

I am truly proud to be led by you Cyril Matamela Ramaphosa. Bathi uCyril uphatha kamnandi…ehh bathi Cyril,Cyril,Cyril.

Hahaha see what I did there.

Now that I have your attention, I would like us to get to the real purpose of today’s Masterclass.

Unpacking the R500bn Stimulus package.

Disclaimer again, this presents my individual opinion and should not in any form or manner be misconstrued as advice nor does it present the opinions of any organization I am associated with.

To the real stuff.

I have long held the view that for our country to cap an increasing Debt/GDP ratio, unemployment rate, budget deficit and a widening gini coefficient, business needs to play huge role.

As forecasted, the Covid19 pandemic has really collapsed our economy and these unprecedented times have tested the core of our sovereignty. So how do we attempt to salvage a broken economy and position it to withstand Mike Tyson’s punches?

The president’s response:

R500bn stimulus package.

The number one question that all economists, analysts, researchers and normal citizens must have asked is WHERE WILL THE MONEY COME FROM MR PRESIDENT?

So the president advised that a huge chunk of it, 27% to be exact will be sourced from the reprioritization of our national budget. Which is fairly reasonable considering how cash strapped we are. Let me bring to your attention that for last couple of years, SARS has been under-collecting on taxes. This has had serious implications on the Fiscus and therefore expenditure, further widening our budget deficit. So essentially, we could not fully incur the whole R500bn.

Capital markets

So the idea that we could potentially pursue some form of instruments to raise the much needed capital was capitulated by the recent credit downgrade by Moodys. Moodys joined Fitch and Standard & Poor in downgrading South Africa’s credit rating to sub investment grade (colloquially known as junk). Furthermore, Moody’s labelled South Africa’s economic outlook as negative which basically prevents any form of a short-term recovery. This essentially means the cost of issuing new bonds to raise the much-needed capital will be higher than the actual capital. Meaning the amount of yields we would have to pay would be substantial than the principal amount raised. In layman terms WE CAN’T ISSUE NEW BONDS.

External Funders.

The president advised that conversations with the DBSA,BRICS BANK,IMF and World Bank have commenced around a relief package. It should be noted that no country decides to approach the likes of IMF and the World Bank if they have other options. These organizations are the lenders of last resort. A lot of it has to do with how they operate. Just a brief example: their lending comes with a form of analysis of a country’s policy framework, governance, economic situation, environmental and natural resource management, poverty and social factors. Therefore, they tend to get a high level understanding of a country and not really the intricacies involved. In our context, where we still have a heightened degree of policy uncertainty, contracting economy, bloated state wage bill, deteriorating SOES and a widening inequality curve…they can easily request that we cut the state wage bill in half, we sell off SOEs and cap social welfare spending in a bid to get financing from them. Now these are decisions that will throw the country into turmoil. COSATU and all trade unions will have a fit that their members are being retrenched, SOEs which have a social mandate to address previous imbalances will further augment them and the poorest of our nation will further be thrown into the dark trenches of poverty. The unending and unenviable consequences will be immense and that is not a price we should pay. Therefore, taking the relief packages offered by these organizations presents a better devil right now because they have relaxed their standards a bit and could offer up to no interest funding during this crisis.

Maybe one day we can have a debate around setting up a Sovereign Wealth Fund. To some of my guys that may not understand this term, it is basically like opening an extra savings account or a money market call account. So, the country will set aside funds, that will be held in a fund, the fund will then make investments on behalf of the South African government. The fund will have a variety of investment instruments however we should be able to liquify them (turn them into cash/withdraw) so we can finance any project we wish to embark on. This helps with reducing reliability on debt to finance things.

And perhaps the most unpopular of my suggestions is approaching pension funds. Pension funds are sitting on large cash reserves. Wouldn’t it be the most patriotic thing for them to do during this pandemic to lend money to the government. I mean the government will pay them back, there is minimal to no credit risk whatsoever. Think about it and perhaps we can engage on it.

I don’t really want to worry about a widening Debt/GDP ratio. I mean Japan has a 200% ratio. The challenge is whether we have the necessary mechanisms in place to ensure that we account for every cent borrowed and how its utilized. We can’t continue to lose money to corruption and malfeasance. That just puts us in a precarious position of need. Hence, we will always borrow. So, its important that during this process every cent is accounted for and is spent on what is meant for.

Comrades must stop stealing money the way they steal food parcels meant for the poor.

*ting ting ting ting ting*

This concludes ROUND 1 of my masterclass.

ROUND 2 will look at what we will be spending on and what we can potentially employ to mitigate certain risks.

Gustavo Signing out.

alutaaaa

#mygustavo7 #stimuluspackage #south africa #economy #mike tyson

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eliz2520 · 4 years

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#Repost @blackwall.st • • • • • • Repost from @keziamw - A breakdown of the measures that could pass as soon as June 1, 2020! This is NOT law, it is a proposed legislative effort. The House will pass it, the Senate will negotiate the final terms. // #ProfessorKez #stimuluspackage https://www.instagram.com/p/CAOhG-ujCeAGSs5AlIFTwX14qUXY7K4LEYjqdM0/?igshid=71qi7t94fqnr

#repost #professorkez #stimuluspackage

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time2liveent · 4 years

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Yup! #getready #dopemusic #dopeartists #indieartists #independentartist #indiemusic #hiphopmusic #rapmusic #music #stimuluspackage #gospeledition #positivevibes #goodenergy #goodvibes #feelgoodmusic https://www.instagram.com/p/B_ht1wEDSRS/?igshid=t9300n79oucv

#getready #dopemusic #dopeartists #indieartists #independentartist #indiemusic #hiphopmusic #rapmusic #music #stimuluspackage #gospeledition #positivevibes #goodenergy #goodvibes #feelgoodmusic

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