What public figures publish and believe, in their own words.
About this feed
Highlights: posts that did unusually well for the person who wrote them, everything
they published at length, each release and new project, and every belief — at most
two a day from anyone. Day by day, newest
day first; within a day, the people with the most beliefs on this site come first. Nothing
else orders it. Show everything instead.
The quoted blocks are what people actually said; a beneath one is
the belief those words support, in korrents' wording. Nobody here wrote their own page.
Top people are the people in this feed with the most beliefs on this site, then the
most here. Choose an area and the row leads with the people whose beliefs are about it;
tap a face for their feed.
The analysis in
this chapter has shown that there is no such thing as a universal threshold over
which debt becomes unsustainable, and that the relevant debt level depends
on many factors, in particular the real interest rate on debt.
The proposition is that the cancellation of the bonds held by the central bank would decrease the amount of interest payments and thus the debt service of governments. And indeed, it would. But it would have another effect—namely, to decrease the revenues of the central bank and thus the profits that the central bank turns in to the government. This second effect would be exactly of the same size as the first, and the net effect on the government budget constraint would be equal to zero.
A longer maturity of debt protects the government from a temporary increase in the short run interest rate, and it gives it more time to adjust to a permanent increase.
It has displayed a stronger record of reform than any other developing country, as the leadership keeps pulling off politically-difficult tasks: shrinking the state sector, re-orienting the economy towards export-led growth after WTO accession, and so on.
Rather: NSO’s genius is that they’ve done something that attackers were never incentivized to do in this past: democratize access to exploit technology.
A korrent is a belief a person has stated in their own words: one
sentence stating the claim, backed by a quote and a source, kept at
korrents.com.
Under a name here, the quoted block is what they actually said.
The korrent beneath it is the claim those words support, in
korrents' wording — tap it to see the record, its source, and who
else holds it.
Nobody here wrote their own korrents. They are compiled from public
statements, and a person can change their mind, which is recorded too.
About the English under a post
Some people here publish in a language other than English. Where they
do, this site shows a machine translation beneath the post, in
this typeface — the site's own, not theirs.
The post itself is never changed, moved or hidden: what is set in the
serif above is exactly what the person published, and it is what to
quote them on. A translation can be wrong in ways that matter,
especially about tone.
Only the post's own words are translated. A quoted post, a linked
article and a belief on korrents.com
are left in their original language.