@elonmusk don't worry about debt mate. This is not rocket science. Spending is not = inflation. There's ton of dead money absorbed in places, which doesn't drive inflation up. Unless you suddenly decide to sell Tesla to buy all the cows on the planet to jack up milk.
If you are a country that owns a reseve currency and your trade deficit is high, it essentially means that you're able to acquire real goods and services from abroad for nothing in exchange. US unemployment is below 5%, how much more can you squeeze out? USD already weakened.
This is what Ukrainian city Sumy looks like after a Russian missile strike in broad daylight.
The number of victims has surpassed 28 — including 4 children.
@elonmusk You're asking Ukraine to give Russia what they want, which is their sovereignty, language and freedom. Have you ever thought of asking Russia to start respecting international boarders and the rights of the indigenous people living there?
Dr. @AAmbainis vai jūs piekrītat Jensen Huang teiktajam, ka esam 20 gadus no lietojamiem kvantu datoriem, par spīti jaunajam Google čipam un apliecināto kļūdas ierobežojumu? Paldies!
@elonmusk The fact that it is possible at this stage already implies the opposite. Money is made by the FED and the Banks. As far as dollar remains the dominantly currency and the US as the country where value is added, it is not a concern and just a number on a spreadsheet.
Latvijā situācija līdzīga - 15 954 dzimušo pret 30 731 mirušajiem. Dzimstība zemākā 100 gadu laikā. Atšķirība, ka Grieķijā vīriešu paredzamais vecums nav zem 70, un populācija ir virs 10 miljoniem.
🇬🇷POPULATION COLLAPSE IS GREECE'S BIGGEST THREAT
New figures predict its population will drop sharply by up to 25% by 2070, far higher than the EU average of 4%.
In 2022, the country recorded fewer than 77,000 births, the lowest in nearly a century, while deaths reached 140,000.
Economic challenges, low wages, and high unemployment have driven many young Greeks abroad, worsening the crisis.
Greece's fertility rate is now just 1.32 births per woman, leading to an aging population.
The government has introduced tax incentives and family support measures to combat the trend, with officials calling it the nation's "biggest threat."
Source: Express
Rent is leading the inflation chart by relative and probably absolute terms. Maybe the high mortgage rates are something to do with this @federalreserve? But yeah keep digging us into a recession.
🇺🇸US nominal GDP grew 6.3% in 2023
🇨🇳China nominal GDP grew 4.6% in 2023
The issue with China 5.2% real GDP growth is nominal is much less & in certain sectors outright contraction.
Why is nominal GDP important? Well, debt is nominal so hard to deleverage if deflated ��