Central bank independence should be understood as independence from the banking sector and not the government. The biggest conflict of interest is located there, with higher interest rates benefitting banks and the rich.
@MiRo_SPD Wie wäre es denn wenn Leute, die diesen Angriffskrieg herbeigeredet haben, ein wenig Demut zeigen würden. Tausende Tote, Billionenschäden weltweit und jetzt auch noch das Maul aufreißen, wenn Trump wenigstens versucht die Reißleine zu ziehen.
Der deutsche Wirtschaftsabstieg kam nicht plötzlich. Er war früh sichtbar, gut dokumentiert — und politisch ignoriert. Ein Thread über Ursachen, Parameter und wer wann was wusste.
@sparbuchfeinde Weil das einer der wenigen Sektoren ist, in dem noch Konkurrenz herrscht. Mach denselben Vergleich in 10 Jahren. Endstage Kapitalismus bringt dynamische Preise auch bei Lebensmitteln. Libertäre werden den Staat so schwächen, dass sowas unvermeidbar wird.
@SBetschinger Ein Post so dumm, man weiß gar nicht wo man anfangen soll.
Linke Populisten haben das sagen? Wo? Höchstens in China und Vietnam. Da läuft es aber.
Wir haben 40 Jahre Kapital- und Machtakkumulation, und lassen lieber die Demokratie sterben, als das zu durchbrechen.
This is extraordinarily rare.
In fact, according to a key figure in the German business community (who is a dear friend of mine), it's unprecedented.
An op-ed, two pages, centerpiece, in Germany’s most important economic newspaper (the Handelsblatt) that begs the German establishment to stop looking at China via the prism of propaganda. And it's by their Shanghai bureau chief - not some outside contributor.
The title is "The China debate cannot continue like this!" and the article makes the case that it's suicidal, from a German and European standpoint, to keep reducing China to false caricatures rather than facts.
In effect it's rubbish in, rubbish out: if you tell people lies about China - whichever direction they go (anti or pro) - then obviously the policies that come out will be rubbish, designed for a mirage of a country that exists only in people's imagination.
Needless to say, this is absolutely music to my ears because it's literally the main point I've been making in my advocacy around China for now almost 10 years. Some are finally seeing the light...
I also believe, as I argued in my article "Are Western media turning China-friendly?" last year (https://t.co/Xg1hoSRtNy) that this type of coverage was bound to happen, and there will be more and more of it.
Why? For a very simple structural reason: China is now too powerful to coerce. The West, and Europe in particular, just don't have the leverage anymore. Which means that if you tell China to do something and they don't want to, they just won't do it. Period.
In this situation, incapable of coercing, your only remaining choice is... convincing. And what do you need if you want to convince someone? Well, you need to understand them: understand how they think, how they behave, what drives them, what they actually want.
In other words: the moment coercion stops being an option, not only does propaganda stop being useful, it begins to be actively harmful as genuine understand becomes a strategic necessity. Reality is finally becoming profitable again.
Which means, if you're a journalist reading this and you're peddling some of your usual lies, describing China as some sort of cartoonish dictatorial dystopia that's simultaneously on the verge of collapse yet a "threat" to the whole world (in short, if you write on China for The Economist or the FT), be on notice: the real threat to your country isn't China. It's you.
CNN = Owned by a right-wing billionaire.
CBS = Owned by a right-wing billionaire.
FOX = Owned by a right-wing billionaire.
WaPo = Owned by a right-wing billionaire.
WSJ = Owned by a right-wing billionaire.
Ah yes, tell me more about how the mainstream media is “far left.”
The planet's most fanatical Israel loyalists now own and control (or are about to) Paramount, CBS, TikTok, Warner Brothers, CNN: all acquired in the last two years by Netanyahu's close friend, Larry Ellison, right as public support for Israel in the US and the west collapses:
In 1981, the PLO laid down its arms in Lebanon, scrupulously upheld a ceasefire for nearly a year, and offered to recognize Israel via a two-state settlement.
Israel responded with an unprovoked invasion, killing 15-20,000 Palestinians and Lebanese.
@FHustede Du verschwendest deine Zeit. Wen willst du damit überzeugen?
Israel ist ein 90/10 issue und daran wirst du oder jeder andere Hasbarist nichts mehr ändern.
@Alex__Steffen Wieso stellst du dich hier als ökonomischer Analphabet bloß? Das Geld verschwindet doch nicht, sondern landet früher oder später wieder bei den Milliardären. Allerdings ist es vorher wenigstens wirschaftlich aktiv. Typisch libertär...
@Danex_one@wenig_worte Kein Milliardär muss auch nur eine Aktie, ein Gebäude, oder ein Boot verkaufen um praktisch unlimitiert an Bargeld zu kommen, du Experte.
@BerlinReporter Die Energiekrise ist eine direkte Folge US/Israelischer Aggression. Deutschland hat dadurch bereits einen wirtschaftlichen Schaden in Milliardenhöhe erlitten.
Jede Fahrt an eine Tankstelle sollte das glasklar machen.
@maurerchr es macht trotzdem einen Unterschied ob ich das Geld nach Katar überweise oder an den Inhaber eines Wind-oder Solarparks, der wahrscheinlich deutsch ist und hier weiterhin investiert.