FuckyWucky [none/use name]

Pro-stealing art without attribution

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Joined 1 year ago
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Cake day: March 21st, 2023

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  • Therein lies the crux of the situation. On one hand she is absolutely right. As in Africa, Global South countries are reacting to economic outreach from China and Russia because a) they need it and America (private nor public) isn’t in the game and b) help from China and Russia doesn’t appear to come with as many strings as U.S. assistance might demand.

    it would be funny if they help global South countries build up productive forces, but that goes against everything U.S. is about. America doesn’t even have a domestic Marshall plan.



  • In May, officials unveiled the biggest rescue package yet. It contains a 300 billion-yuan ($42 billion) central bank fund that attempts to help local governments buy finished but unsold homes and turn them into subsidized housing.

    xigma-male

    Separately, the IMF warned of “significant downside risks” to China’s inflation outlook, saying “a negative domestic demand shock amid high debt levels could trigger a period of sustained deflation.”

    Does it tough? Why would aggregate demand collapse because of real estate developers going bankrupt? They make up a small part of the population and hoard more of their wealth. Also, very funny that IMF only cares about private debt buildup when it affects the porky-happy.

    Where is the concern for a demand shock when you pressure Kenya and Nigeria into raising sales taxes, which has much greater impact on aggregate demand?







  • i hate all tech corps. you can use (and even like) their products and also think they are evil, oligopolies and all.

    i cant abandon my gmail because i don’t even know how many sites and how many people i have given it to. i like youtube because it’s THE slop factory. Maps is also pretty good, love Street View, Chrome is ‘ok’ but Firefox is a perfectly usable (and in many ways, better) substitute (especially given Google’s ad shenanigans).





  • “The most immediate risk is a financial crisis and France’s economic decline,” he said. “The application of the New Popular Front’s disruptive programme would destroy the results of the policies that we have pursued for seven years … This project is exorbitant, ineffective and dated. Its legitimacy is weak and circumstantial. It must not be applied.”

    “Several economic and fiscal measures put forward by the New Popular Front are either unconstitutional or against EU rules, so very legally challenging.

    A wealth tax doesn’t have much impact on real production. It is money hoarded and not being used for anything. I have doubts on its efficacy since France is in the EU and the capital flows are open, they have no control over the Euro. Which is why they’ll likely need to leave the Eurozone before doing anything ‘radical’.

    With the capitalist pulling money out of France and taxes staying uncollected, the only way for them to fund their new welfare plans is with bond issuance (assuming the markets still want French Euro bonds). which EU rules limit to 3%, so not possible at all.

    Remember what they did to Greece