@CER_EU This account is endearing for consistently reading like The New United States of Europe, by Oskar Jaszi Jr…
to someone reading it, surely.
I particularly enjoyed the instalment on ‘How to fund the necessary Kaiser Franz Josef Army if you have no reason, nor really want to’.
@zingales and whomst u gonna kill the round thereafter on the way to the bottom of the darkest pit; with no community no nation no doing better than ur elders? in your personal opinions? unlikely as it is to survive this ruin game, ok the opinion might 🙃
@hey_leia@JesseCharlesLee they all need money to pay off credit card debt in The Rent Republic (at one point or another its charming lil’ Presi included), and it s all, ahem, surprisingly enough with ~ 5 ppl? + famiglias?
but never mind that: purity of the lib mind should rǔle
“Instead of the promised productivity increase via the bailout reforms, the Greek economy experienced the opposite: a sharp drop in labor productivity and a significant redistribution of employment toward low-productivity sectors.”
@heimbergecon but isn’t the issue though, what taxation is for, as in who should do (part of) the investment and then the effective structure of that? and who should control money?
@PatrickVB0001@heimbergecon it indicates negative growth, the result of such fun fiscal squeeze games and soon worse, much worse.
but you don’t need to believe in the pan to fry in it
@nature_orchid AI Overview
The caterpillar in the image is a Buff Ermine moth caterpillar (Spilosoma lutea), which is known as Kibahitori(キバヒトリ) in Japan. [1]
@ChilloutVille@FT no. it’s an older dollar debt thing. the looting of everything into ur debt to carry, starting with the ex soviet union. u ll find the advocates all over the record. and they are who also got de-sanctioned. and they are who connect trump to putin. and worse. surreally worse
@GaoMilan@michaelxpettis no. growth requires constant redistribution and a significant countercyclical state share. a choice was deliberately made against both in the us. it is wages related to productivity. also, wages working for one’s own. as opposed to serfs for another country, ahem.
@heimbergecon this is all wrong and backwards. good _intentions_ aside. u do not tax bad stuff to fund common goods against the bad stuff. and more, much more wrong with this, but who will ever listen.
@FrancoisGeerolf i feel like this is more rather instalment number 14677544578543 of ‚where is marie antoinette, we need her heâd‘. as such it’s fun. not very, u know, productive, but fun.
@realmarcel1 wrong. very wrong. it s how they crashed wages except not quietly under the legal radar like in the us, and not from a high level, and entered us in structural depression. for good. the rate hike was to send more rent money we don t have to invest towards trump coins.
@RushZakum@GauntisGhosted@the_andrey_x the great burden of (unenlightened) illiteracy(1), courtesy of… god. nice new one yo. endnote (1): https://t.co/RoqQijb6mM