Garth Theunissen @WriteGarth

That we may know the truth is our only solace. Johannesburg, South Africa Joined February 2012

Tweets

6K
Followers

1K
Following

287
Likes

5K

Daniel Lacalle Official Account @dlacalle_IA

2 weeks ago

2021: The Triumph of Big Government. ... 2025: The Coming Debt Emergency. 2026. Developed economies debt crisis. There you go. You wanted it. You got it.

7 56 158 11K 16

View Details

Luke Broyles @luke_broyles

3 weeks ago

Scott has an income of $55,000 per year. Scott spends $75,000 per year ($10,000 on guns). Scott grows his debt by $20,000 per year. Scott has total debt right now of $400,000. Scott has fixed unfunded liabilities of $1,750,000 and is less than 10 years from retirement. Scott's own employees say that his 130% debt will be 690% by the year 2096. Scott needs to refinance roughly $100,000 in the next 12 months to stay solvent. What is happening now? Scott has a Japanese friend who is his biggest lender (despite being in even more debt) that just told Scott he might need to unwind $110,000 of Scott's debt to the open market. Therefore Scot sent his Japanese friend "$50-$100" this summer to keep him calm and ask him to not dump the debt. The credit card companies Scott borrows from are refusing to give him cheap debt anymore, and are giving him 19 year highs on interest rates. Scott said on August 19th that because nobody is buying his credit card debt that he will "at least double" the rate he is buying back his own credit card debt with new debt he takes out. The credit card companies didn't like that and offered him even higher rates 24 hours later. If Scott goes bankrupt we have WW3, because Scott has been buying lots of guns. Scott would rather dilute Dollars he is borrowing in and watch himself starve than go bankrupt. You can buy 100% of the insurance in the world against Scott's insolvency for $15,700. Scott himself has said publicly that he wants to buy insurance against himself and that people should consider buying it. Scott's friends say they want to back his debt with the insurance against his debt - because the insurance is that cheap and the debt is that bad. This insurance plan's cost to buy went up 30% over the last 3 days. Why? Because people are starting to doubt Scott. Scott is America. The insurance plan is Bitcoin.

181 387 2K 289K 1K

View Details

BBC News Africa @BBCAfrica

a month ago

Evidence that South African special forces murdered top detective shared with BBC Africa Eye. bbc.in/4z6NbIR

24 301 734 170K 305

View Details

Joe Rich @Joe_Rich

a month ago

BREAKING: Students who complained about Professor Jason Arday, the quality of his teaching and unwillingness to meet with them were falsely accused of racism and given lower grades than he predicted for their coursework (via @Telegraph) telegraph.co.uk/news/2026/08/0…

745 5K 27K 977K 2K

View Details

Garth Theunissen @WriteGarth

a month ago

Oh look, I was right. businesstech.co.za/news/banking/8…

0 0 0 160 0

View Details

News24 🇿🇦 @News24

a month ago

Suddenly dovish SARB floors rand as Fed decision looms brnw.ch/21x4tOV

1 10 43 55K 8

View Details

News24 🇿🇦 @News24

a month ago

Webber Wentzel’s UK ally becomes fourth global law firm to ditch SA in two years brnw.ch/21x4uAi

28 43 197 67K 53

View Details

Sanlam Financial Journalism Awards @SanlamAwards

2 months ago

Thank you to every journalist who participated in the 2025 #SanlamxSantamAwards and for your ongoing dedication to uphold the global and African standards of excellence in financial reporting. See you at the next edition of the awards.

0 1 7 1K 0

View Details

Sanlam Financial Journalism Awards @SanlamAwards

2 months ago

@robrose_za @currencynewsza @WriteGarth @News24 , South Africa wins the Economy category at the #SanlamxSantamAwards.

1 1 1 144 0

View Details

Currency @currencynewsza

2 months ago

📈 Graph of the week | Eskom is owed R110.5bn by municipalities, largely because broken billing systems and widespread illegal connections cripple revenue collection.

1 5 9 577 1

View Details

Jacques Maree @JacquesMaree73

2 months ago

How it started: How it's going:

3 36 96 4K 4

View Details

Garth Theunissen @WriteGarth

2 months ago

Building the J.P. Morgan of Africa: ABSA CEO Kenny Fihla outlines his vision for the banking group news24.com/business/compa…

0 0 0 219 1

View Details

Garth Theunissen @WriteGarth

2 months ago

@Givarr_ @chrishartZA Why don’t you just post it here?

0 0 0 13 0

View Details

Garth Theunissen @WriteGarth

2 months ago

Sitoyo Lopokoiyit, ABSA’s new Pan-African head of personal and private banking (PPB) on how he plans to unlock the power of SA’s township economy. news24.com/business/compa…

0 0 1 116 0

View Details

The Knowledge Archivist @KnowledgeArchiv

4 months ago

"Times are bad. Children no longer obey their parents and everyone is writing a book." — Cicero, 43 BCE

71 524 7K 137K 613

View Details

Dustin @r0ck3t23

5 months ago

Elon Musk just used a joke to perform an autopsy on the American economy. Two economists go for a hike. They find a pile of shit. One pays the other $100 to eat it. They keep walking. Find another pile. The second economist pays $100 back to eat that one. They stop. Neither man gained a dollar. Both ate shit for nothing. But on paper they just generated $200 in GDP. Musk: “That basically would count as a job. This is to illustrate the absurdity of economics.” That is not a punchline. That is the operating system of the federal government. Every time a politician celebrates “record job creation” this is what they are describing. Not output. Not value. Not progress. Motion. The entire bureaucratic machine exists to manufacture friction and then invoice for it. Compliance layers built to justify the next compliance layer. Oversight committees that produce nothing but the need for more oversight. Consulting firms hired to audit the work of other consulting firms. Trillions circulating through systems that have never produced a single thing you can hold in your hands. But the GDP number ticks up. So everyone applauds. The shit gets eaten. The scoreboard moves. Nobody asks what actually got built. This is why Washington treats AI like a five alarm fire. AI does not play the friction game. It does not form a committee. It does not schedule a review. It does not file 400 pages of paperwork no one will ever read. It just solves the problem. And that is the one thing the machine cannot survive. The government does not tax results. It taxes the process. The longer the process, the deeper the cut. AI compresses a ten day workflow into seconds. There is nothing left to bill. Nothing left to tax. Nothing left to skim. So they will spend the next decade warning you that AI threatens the economy. What they will never say is what it actually threatens. The illusion that activity equals progress. The $200 economy where both men ate shit and called it a job. The machines are not coming for your purpose. They are coming to prove that half the economy never had one.

669 6K 20K 1.2M 5K

View Details

James Carran @getpaidwrite

5 months ago

Shorter isn't better. Don't write: "He was mean." Write: "He'd cheat a widow out of her last coins, just because he could." Show, don't tell. Even if it takes longer.