Third world communist
Joined November 2024
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The difficulties of ISI in third world countries and how the debt crisis began.Contrary to institutional nonesense mainstream economists pedal
Iamnoone🇧🇼✌🏿 retweeted
Yes.
@MeshackBevhulas Borders are already being opened with or without EFF in government. Our country alone this year signed bilateral agreements with about 8 African States which allows us to trade with more eased terms. The 2063 African Agenda is being implemented. You can keep shouting and screaming Mabahambe but borderless Africa is happening even as we speak.
You should see the agreement we signed with Lesotho , Botswana and Rwanda...wow ! The best. Ooops! You missed it when you were screaming Mabahambe. Check it online.
Iamnoone🇧🇼✌🏿 retweeted
Most of the debate around the Russian Empire potentially having a higher nominal GDP in x hypothetical year seems to treat the Russian Revolution as some kind of alien invasion and not a reflection of the dysfunction/failures of the Empire.
Iamnoone🇧🇼✌🏿 retweeted
What do you mean ActionSA prioritises poor black South Africans, but the EFF does not?
ActionSA wants to scrap BEE, replace racial quotas with tax incentives for employers, scrap minimum wage, make scrap labour laws, reduce labour rules for new businesses and attract private investors through tax incentives.
Who is going to benefit from this in a country where wealth and business ownership are insanely skewed?
The EFF proposes land redistribution to black communities, permanent jobs through insourcing, 80% of municipal procurement for local SMMEs and township businesses, 40% of municipal employment opportunities for young people, and free basic services for qualifying poor households.
So please explain how ActionSA prioritises poor black South Africans more than the EFF does.
Let’s talk about actual policies.
Iamnoone🇧🇼✌🏿 retweeted
You guys not voting for Left wing political parties because of your hatred for minorities makes you just as fucking stupid as Americans,2 years from now the DA,Action SA and the PA will be telling you muslim trans people are taking all the jobs...and you will eat up that nonsense
Iamnoone🇧🇼✌🏿 retweeted
I find it amusing that your chart stops in 1935. I wonder why that is.....
Here is the entire 20th century, for those interested (Imperial Russia, USSR, Russian Federation):
Iamnoone🇧🇼✌🏿 retweeted
If these people could read, they would have noticed that the graph shows Nicholas II wiping out 25 years of progress in just two years by jumping into WW1, until the Bolsheviks took over and restored output to pre-war levels within 10 years.
Iamnoone🇧🇼✌🏿 retweeted
Yo afinaría más el gráfico…
Iamnoone🇧🇼✌🏿 retweeted
I keep asking and I get no answer, the tsardom was clearly doing really well up to and during 1917, why wouldn't the Bolsheviks just sit around and wait for them to take Russia to space by like 1940? Then they could have had their revolution!
Iamnoone🇧🇼✌🏿 retweeted
The country’s production of coal rose to 695,315 tonnes in the second quarter of the year, about 28% higher than the corresponding period in 2025, helped by operational stability linked to demand from Morupule A and B power stations.
mmegi.bw/business/coal-outpu…
Iamnoone🇧🇼✌🏿 retweeted
Dangote has officially launched a US$2.5bn tank farm and regional pipeline project at Walvis Bay, Namibia.
Lagos refinery product will be shipped to Namibia and piped inland to Botswana, Zimbabwe and Zambia, with South Africa and the DRC also in view.
Africa refining for Africa. 🇳🇦🇳🇬
Iamnoone🇧🇼✌🏿 retweeted
EFF is not in government what we wont do is use xenophobia to campaign we are not Donald Trump.
Iamnoone🇧🇼✌🏿 retweeted
Ahead of tomorrow's Camdessus Lecture on Japan, three numbers from Japan's Ministry of Finance are worth having in view:
• Japanese government bonds and bills outstanding: ¥1,142 trillion (June 2026).
• Held by the Bank of Japan: 41.2%. Held by foreign investors: 13.1%.
• FY2026 budget: interest payments ¥13.1 trillion, against tax and stamp revenue of ¥83.7 trillion, about 16% (our calculation).
South Africa: gross debt 78.4% of GDP (MTBPS, October 2026); debt-service costs took 21.3% of main-budget revenue in 2025/26 (Treasury).
What decides the burden is not only the size of the debt. It is the currency the debt is owed in, who holds it, and the interest rate the central bank chooses. Japan's own projections show the last point: with long-term rates rising as the Bank of Japan leaves ultra-low rates, the Finance Ministry expects interest payments to rise about 70% by fiscal 2029.
For African treasuries, the lesson is practical:
• borrow in domestic currency and reduce hard-currency issuance;
• let the central bank stand behind the domestic yield curve, as the Bank of England did "on whatever scale is necessary" in September 2022;
• treat the policy rate as a fiscal decision and publish its cost.
The interest bill is a policy choice before it is a market verdict.
Join us Friday, Nov 6, for the 2026 Michel Camdessus Lecture with Bank of Japan Governor Kazuo Ueda on lessons learned from Japan's current account surplus, followed by a conversation with @KGeorgieva: imf.org/en/news/seminars/con…
Iamnoone🇧🇼✌🏿 retweeted
Global energy spending is on track to reach $3.4 trillion in 2026
Around $2.2 trillion of this is set to go to grids, storage, low-emissions fuels, nuclear, renewables, efficiency & electrification
And about $1.2 trillion goes to oil, natural gas & coal: iea.li/4x6k5IT
Iamnoone🇧🇼✌🏿 retweeted
India’s solar module manufacturing capacity could reach 3.48 TW by 2047: India could emerge as a fully integrated solar manufacturing powerhouse by 2047, attracting $89 billion in investment, creating 3.23 million… 🔗 Link in Bio #Photovoltaics #EnergyStorage #RenewableEnergy
Iamnoone🇧🇼✌🏿 retweeted
And as Cosatu and SACP correctly predicted the policy led to mass deindustrialisation. We don’t wack Madiba enough for being a Neoliberal
Iamnoone🇧🇼✌🏿 retweeted
ANC policy is socially progressive; economic policy is conservative. Companies Act/Investor Supremacy is super right wing. VAT is textbook regressive. Financialisation (Treasury & SARB are Thatcherite insti) killed Local Factories. RDP, NDP, Setas, Nursing/Teaching Schools, OBE…
