@TeivoTeivainen@puheenaihefi Harvoin kuulee sitaattia poliittiisesta keskustelussa ~”tuota pointtia en ollut ajatellutkaan” liittyen USA:n aseavun vaikutukseen Euroopan aseapuun. Pointsit siitä.
@tuomaspeltomaki Kannattaa tehdä ohjelma myös Sanoma-konsernin ulkomaan seikkailuista ja niistä syntyneistä tappioista. Jostain syystä lehdistö on ollut niistä verrattain vaitonainen 😎.
I keep being asked. How long can France go on with budget deficits and increasing debt until we get a crisis? The answer: I cannot tell. Not because I am particularly dumb (this is a separate issue). But because there is a potentially large danger zone, where the crisis may or may not happen, depending on the whims of investors. Given our debt and our deficit, we have probably entered the danger zone.
If investors continue to be relatively relaxed, they require only a small risk spread, the interest bill may not be too large, and debt, while high, may be sustainable. But, if for some reason, they worry and require a large spread, the interest bill explodes, debt becomes unsustainable, and this triggers a crisis. To be nerdy about it: both equilibria are rational equilibria. Investors beliefs are confirmed in both cases.
The investors’ whims could literally come out of nowhere: Investors waking up in bad mood. More likely they are triggered by some news, a good poll number for an extremist party, a bad supply shock, the failed passage of a law. The news may be small, but it may lead to a very large adjustment, with a sharp spike in the rate. Or it may not. One cannot tell.
The lesson for budget policy? Avoid bad budget news as much as you can. 😊 Provide good budget news, even small ones, as much as you can. 😊 This is good on its own. And it reduces the risk of a shift to the bad equilibrium, the risk of a costly fiscal and potentially financial crisis.
It is deeply deplorable that #UNICEF missed the essential point in its 4 August statement: all these children’s deaths are a direct result of Russia’s war of aggression against Ukraine. By presenting these casualties without this essential context, UNICEF creates a false equivalence between the aggressor and the victim.
Moreover, UNICEF’s statement lacks basic fact-checking. It failed to mention that the casualties in Russia’s Krasnodar were caused by a drone reportedly intercepted by Russian air defence. It also failed to verify the information on casualties in Ukraine: seven, not three, children from one family were killed in the Dnipropetrovsk region.
And yesterday, Russia killed another innocent Ukrainian child — a 3-year-old boy in the Kyiv region.
These are Russia’s war crimes. We call on UNICEF to condemn these heinous crimes and urge Russia to stop killing innocent Ukrainian children.
@BrankoMilan@kommersant Yes, west and nato should have understood that Russia still use WW2 justifying its violent bahaviour several decades after war ended. The West thought that Russia had become a normal country. That is why we have a war in Ukraine.
Tämä ”ennustus” on helppo tehdä kun ei oteta kantaa aikajänteen.
Pohjois-Korea ja Iran ovat olleet romahtamaisilllaan ainakin jo vuodesta 1989. Venäjä on ollut romahduspisteessä vuodesta 2014/2022.
Ilkeidenkin diktatuurien romahdukset ovat valitettavan harvinaisia.
Please remember:
When Islamic terrorists commit 48,000+ attacks in 70+ countries since 9/11 alone, not a single Muslim is to blame (including the terrorists themselves).
When Israel inadvertently kills innocent people whilst engaged in an existential war against maniacs, every single Jew is to blame including 3-year-olds in Australia and 90-year-olds in Lithuania.
Questions?
Degrowthers insist that economic growth is environmentally destructive, increasing pollution and accelerating the depletion of precious natural resources. Economists Carlos Martínez and Vincent Geloso show how Cuba’s experience challenges that narrative. Following the socialist revolution, Cuba generated more greenhouse-gas emissions per dollar of output than it likely would have had its institutions followed the average trajectory of other Latin American economies. Dirty degrowth was the legacy of Cuba’s still-ruinous socialist experiment.
@cl7martinez@VincentGeloso
@timor711 ETAn ulkopuoliset maksavat lukukausimaksun joka on on OKM mukaan täyskatteellinen. Koska marginaalinen opiskelija ei lisää kiinteitä kustannuksia, he käytännössä subventoivat suomalaisia.
A measure of how much more repressive Russia is than even 2 years ago. In 2024 Nadezhdin was allowed to gather signatures and criticise the war before Kremlin pulled plug on his presidential run. Now he has fled for his life.
Keskipitkän ja pitkän aikavälin talouskasvun kannalta uusissa numeroisssa rohkaisevaa on ennen kaikkea se, että talouskasvun kiihtyminen näyttää tulevan ennen kaikkea työn tuottavuuden kasvun kiihtymisestä. 1/3