Recipe: Spanish Chicken Stew. A thread 🧵 [1/7] INGREDIENTS FOR 6 12 chicken thighs 2 large green peppers 2 large onions 3 cooking chorizo sausages 3 chilli peppers 4 cloves garlic 3 tbsp paprika 3 tbsp mixed herbs tomato puree 100ml red wine 1 tin tomatoes salt pepper olive oil

This is basically what the last 25 years have been spent driving towards. This is the Resolution Foundation’s dream.

Midwits have zero idea how much they take for granted. “On the shoulders of giants” doesn’t even begin to describe how lucky we are. The combined effort of generations of people 10x smarter and braver and harder working than you have created a world that has made you soft. You have it too good. You’ve become entitled. You think the government owes you cake. You think you could do Elon’s job if only your dad had an emerald mine. Nope. You couldn’t. He is one of a kind. He is a giant. We stand on his shoulders. The emerald mine is a lie. Support world changers. Be grateful. Throw out that brain rot socialist bullshit and thank your lucky stars.

Please, please stop. This is a gargantuan bubble that needs to blow the hell up. Altman and Huang should not get a penny of Federal support. I am hoping this is a sign that the pin has found its target...

Norway's wealth tax increase, expected to raise $146M, led to a $448M net loss as $54B in wealth left the country, reducing tax revenue by $594M. citizenx.com/insights/norway…

The incel sees a beautiful woman and, being a narcissist, considers her only as an object of his lust - and then deems it unfair that she does not satiate it. This is how socialists see rich people (currently defined in the UK as earning more than £46k). They are objects of envy, and must immediately satiate your envy by handing over their wealth. In both cases, other people exist merely to service your emotions, which you are unable to regulate on your own.

Why is it so difficult to understand that economic freedom drives innovation, growth and prosperity?

Socialists say “late stage capitalism” is when the rich start influencing the state. But what they’re describing is the contradiction of having property rights and a state that can override them. If the state has the power to regulate, subsidize, or redistribute, then of course people will try to influence it. The problem isn’t markets. The problem is granting the state the power to pick winners at all. Now apply the socialist’s own logic: If corruption begins the moment the state can violate property, why would it stop when the state controls all property? If some people lobby when wealth can still be earned voluntarily, then under socialism, when the state allocates everything, everyone must lobby to survive. So by their own standard, “late stage capitalism” isn’t capitalism failing. It’s socialism beginning.

Socialists complain about greed while every aspect of their views is about how to take from others to give to themseleves.

Every time the Elon-grifter crowd screams that Sam Altman is “greedy,” I have to laugh. The man literally owns zero equity in OpenAI. Zero. Nada. He could not cash out even if he wanted to. Meanwhile Elon just had a one trillion dollar pay package approved. One. Trillion. Dollars. But sure, tell me more about how Sam is the villain because he talks to regulators and wears sweaters instead of launching flame wars on his own app. The projection is wild. If hypocrisy were a renewable energy source, Muskworld would have solved climate change by now.

SAM ALTMAN: “We expect to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billion by 2030. We are looking at commitments of about $1.4 trillion over the next 8 years.” Altman officially confirming $20B of OpenAI FY 2025 revenues. Trying to combat the broader argument around lack of revenues vs the amount of spending commitments they have. If they can scale revenues to “hundreds of billions,” by 2030, one can try to make sense of the spending commitments.

A true story: a local man has sold his business for £20m. He has to pay £8m in tax, leaving him £12 to retire on. Is it enough? No. He’s so determined to avoid paying his tax that he’s leaving the country. Even though he doesn’t want to! So he’s not going to enjoy his £12m but fester over the £8m

It’s not a head scratcher as to why people are voting for socialism - it’s housing. If houses are unaffordable then a person’s very existence and dignity is threatened. The majority of people don’t want a house as a way to get rich. They just want a decent house to live in and to start a family in. They want to be able to pay off a house so they own something to live in for retirement. But housing has skyrocketed. Many people can’t imagine how they will get close to a deposit for a home they would find acceptable to live and work in. Especially in urban areas. My generation and that younger than me has been forced to choose between living in a city that has economic opportunity but unaffordable homes or living in a stagnant region that has affordable homes but not a lot of good jobs or opportunities. The property market has captured most of the economic gains In the economy and most of it is owned by those over 50. But here’s where things unravel … why? why is property so expensing? Is it capitalism? Is it greedy rich people? Or is it something else? Property values and rents rise for two reason… 1. More demand than supply 2. Inflation caused by cheap debt or money printing Who is to blame for these things? Government it to blame - big, incompetent, heavy handed government. It is government that has done the following: - made cheap debt available for well over a decade knowing full well it would inflate the value of property. - printed money and pumped billions of stimulus into the property market. - over regulated the construction of new housing. - ramped up immigration without any plan for housing new arrivals. What about capitalists? It’s true that some capitalists have benefited from the recklessness of government. Some have been able to hedge against their insanity by holding assets that governments inflate. What capitalists can’t do however is magically use their greed to raise rents. A landlord rents their property at the market rate. When they advertise a property for $3000 per month and 50 people show up to see it, they know it’s probably too cheap. Why would they respond by making the property cheaper? Likewise, if they were greedy and put it on the market at $6000 and 2 people showed up they would worry that it’s overpriced. When people vote for socialism, they are voting for bigger and more powerful governments. These bigger governments spend more (stimulus) and they cap rents (diminishing supply incentives). They then start building properties and giving them cheap to people who can’t afford homes - this attracts a lot of new people into the city who also can’t afford homes (added demand). This is how the doom spiral starts. It’s just one of the reasons why socialism always fails. Young people should be angry about the cost of housing but should direct this anger at the true culprit - the government. The way you punish the government is not to make it bigger, more powerful and more well funded, The way you punish the government is to vote for lower taxes, free markets and less bureaucracy. You vote for the capitalists who will build the much needed supply of homes and who despise government debt and stimulus packages that inflate the cost of living.