@andishehu.bsky.social
An activist for social and environmental justice. Former President of Volt Italia. European in Rome.
#Draghi presenta il suo rapporto al Senato oggi, con @andishehu.bsky.social lo avevo analizzato a Settembre su #ThePostInternazionale
Competitività, diritti sociali e transizione ecologica non sono in contraddizione se c'è volontà politica
www.thepostinternazionale.it/2024/09/26/m...
So tired of winning already
12.03.2025 12:33 — 👍 5 🔁 0 💬 0 📌 0When you literally read a sales pitch. Corruption out in the open.
11.03.2025 20:31 — 👍 3 🔁 1 💬 1 📌 1One last thought: this thread is not a prescription of how money should control politics. Rather, we have let let people like Musk lead us here.
This is a clear wake up call to erect higher barriers against the capacity of money to capture politics.
6/6
Musk's trajectory reminds us the reason businesses rely on politicians to advocate for their interests rather than engaging directly in politics themselves: that separation helps prevent the politicization of consumers.
5/6
His support for Germany's far-right AfD party has coincided with a 76% drop in Tesla's sales in EU, especially in Germany, as consumers distance themselves from what many are calling the "Nazi car".
4/6
In addition, Musk's political endorsements have alienated Tesla's predominantly progressive customer base, leading to protests, widespread disruptions, and a sharp decline in sales, particularly in California.
3/6
This downturn isn't limited to Tesla. After, repeated losses, financial institutions like Goldman Sachs and Citigroup, previously optimistic about the US economy, are now downgrading their outlooks, citing "extreme U.S. policies."
Meanwhile, EU stocks doing pretty ok.
2/6
Just months ago, Tesla's market capitalization soared by $733 billion, one of the most rapid surges in S&P 500 history.
Fast forward to today, and that same valuation has plummeted by 54%, raising the hope of seing Tesla go even further down along with Musk.
1/6
Are you tired of winning already?
11.03.2025 12:59 — 👍 0 🔁 0 💬 0 📌 0
The US is really losing its mind. This is nuts.
10.03.2025 23:16 — 👍 1 🔁 0 💬 0 📌 0
His conspiracy theory or this is just the product of his idea of efficiency
10.03.2025 18:01 — 👍 1 🔁 0 💬 0 📌 0Today Twitter's down repeatedly, a great analogy to where Musk is leading the US with his DOGE
10.03.2025 15:49 — 👍 0 🔁 0 💬 0 📌 0
Reading White House cabinet meetings feels like walking into a toddler’s room before nap time
10.03.2025 13:29 — 👍 0 🔁 0 💬 0 📌 0
While we wait for evil, perhaps "needy empire" is already bad enough
09.03.2025 19:12 — 👍 8 🔁 1 💬 2 📌 0
Since when did the US become so needy?
09.03.2025 19:10 — 👍 1 🔁 0 💬 0 📌 0In short, while the headline figure suggests impressive political resolve, the underlying assumptions behind it are fragile. Big numbers grab attention, but when built on uncertain or improbable conditions, they risk undermining credibility.
6/6
Therefore, if every loan was fully utilized, and every country voluntarily raised their military budgets by 1.5% of GDP, only then could the EU potentially reach this €800 billion figure. But that's a big "if".
5/6
They illustrated this with a hypothetical example: If every EU member decided to increase defense spending by 1.5% of GDP, this could total €650 billion. However, this is not a commitment but a highly speculative projection.
Given spending patterns and economic constraints, it's unrealistic.
4/6
2. €650 billion via Fiscal Flexibility
The larger part, €650 billion, is based on a purely hypothetical scenario. The European Commission has proposed temporarily suspending the Stability and Growth Pact’s 3% deficit limit, but strictly for additional defense spending.
3/6
1. €150 billion in loans
The EU introduced a financial instrument making available up to €150 billion for defense. The catch? these are loans, not grants. Member states might use them... or not.
Some will use part of the loans, others may choose not to, depending on circumstances.
2/6
Have you seen headlines claiming the EU will spend an extra €800 billion on defense through the ReArm Europe plan?
Sounds impressive, right? But let's pause for a moment, because there are some assumptions to clarify.
How did we arrive at €800 billion?
1/6
If there’s one lesson we’ve learned, it’s that determination and a willingness to keep knocking on doors can open up possibilities you never saw coming.
11/11
For Gamaal and me, this breakthrough confirms that even a small team, armed with grit, research, and sheer persistence, can help move the needle.
10/
This past week, we learned that, thanks in part to these efforts, the European Parliament has scheduled an urgent resolution on 13 March to address Sudan's civil war.
9/
Before we knew it, we had connected with dozens of MEPs across multiple committees, sharing consistent data on forced displacement, illicit arms and gold flows, and the systematic use of violence.
8/
The violence was well documented, but difficult to understand, and difficult to make sense of. We went through it methodically and provided simple, precise and updated policy positions. Eventually, we were being invited to offer facts and updates on the escalating atrocities.
7/
And we didn’t stop with Parliament. We spoke to humanitarian NGOs, Sudanese community representatives, and journalists, eager to learn from every angle.
6/
But we kept at it.
5/
