That and reduce working hours. Also provide everyone with a job they can fall back on, provided by the state.

That contrast is just

I would really prefer US to have an “isolationist” (improving domestic living standards, remove sanctions that prevent other countries from conducting trade with one another, don’t help with genocide etc) foreign policy. Trump isn’t that despite what he claims.

“liberation” i dont think its liberation to have bread prices rise by 900%.

It could be considered “fine” if it were only temporary but most likely their real incomes will continue to stagnate for years, decades.

There won’t be any significant recovery. Israel and Turkey are taking their territory, reducing their real resources. The state is completely non-functional and cannot mobilize whatever local resources are available.

I would rather the CEO be jailed and made to work, but that requires a state willing to do it. “Murder” is the next best thing and can be done by anyone.

Market expectations for the next BOJ rate hike have fluctuated between December and January.

No fucking way they want to hike rates in 2025?

yes please collapse EU, it’ll be good for everyone, especially the victims of austerity. look at how bad Germany is doing, not even the ‘core’ countries are doing very well even GDP wise.

Yea if state companies act like private ones then what’s the point? The point of nationalizing rail is to allow it to run “losses” (economic stimulus for the people)

the ticket price can be set to zero if the Government desires, obviously this may result in high demand and tickets selling out quick so a non-zero but low price would be better. the ticket pricing should instead be seen as a way to reduce excess demand deter people from taking unnecessary train rides, not to generate revenues.

This doesn’t have to be done through pricing. Distance/stop/trip quotas (a form of rationing) also works in some cases.

unfortunately, the Government sees ticket revenue as a way to get a surplus on the income statement.

“At a time of severely strained public finances, we are keen to learn whether we can use money more effectively and more efficiently to tackle deep-rooted societal problems like homelessness,” said Michael Sanders, professor of public policy at King’s College London, which is leading the trial.

Every one of these economists should be made homeless, jobless and their assets frozen to see how they handle it.

Why is it that private finances are never talked about? Not corps but people, especially workers (and that includes involuntarily unemployed).

Other countries (eg India) copied different aspects of the Soviet constitution. Learn something from it. And what the other commenter said.

Europe including U.K. in the 1960s-1970s had such an implicit job guarantee btw, though not as a right.

Just look at how the living standards in the west have declined since the dissolution of USSR and rise of neoliberalism. See https://redsails.org/concessions/

A universal Government job guarantee, 40hrs a week, you can choose less hours if you want and you get paid minimum wage if you do atleast 30. Government can put the people to work directly or into training/apprenticeship. Have it be a legal right, see article 40 Soviet constitution.

Pop the housing bubble, landlords have too much power; build more social housing etc. Don’t cut pensions and increase spending on NHS drastically to compensate for decades of austerity.

Of course, none of that is going to happen because U.K. because its political system is at a dead-end.

US did pay the price once, very small for what it did, 9/11.

And Bush killed millions afterwards. Now the Democrats want to work with the same Republicans.

Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities in a move that threatens to further dent investor confidence in the world’s second-largest economy.

If rich people can’t pay taxes, they shouldn’t be investing.

“China’s fiscal deficits have reached a tipping point,” said Gary Ng, a senior economist at Natixis. “There is more urgency to find alternative revenue sources . . . and taxing the wealthy and some companies creates a less direct economic impact on most residents.”

Economists should be sent to Mars tbh

There are stations with no public toilets? What a shithole.

It’s this

https://www.openal.org/downloads/oalinst.zip

OpenAL

I’m speaking

i know i’m being a but i despise the term ‘taxpayer funds’/‘taxpayer money’. besides being completely wrong in nearly all cases, it places taxes above the people, above labor.

‘American taxpayer is paying for the genocide in Gaza’. No, every person/entity using U.S. Dollars is paying for it. Even foreign countries are indirectly paying for it.

if you want the mainstream perspective look up ‘quantity theory of money’. from that it follows, less spending means less money and less inflation. so, spending rules reduce inflation by constraining the Government (but not commercial bank lending).

it can be true (sometimes), if you leave the economy with massive unemployment due to insufficient spending so that people don’t have money, it slows down and eventually shrinks but hey atleast there is ze price stabilité.

if you want non-mainstream macroecon books, these two ones I have read and can recommend. 1 2

The profits being made on those assets aren’t being kept for Russia to use in the future. They’re now being used to fund Ukraine

Rachel, Where do “profits” on these assets come from? These aren’t corporate bonds but Government bonds. The Governments (US, UK and others) are paying the defence contractors using public money.

If there were no Russian foreign reserves being stolen, would the west not have sent weapons to Ukraine? Of course not! The weapons manufacturers have to make profits, it would come out of a different Government account.

They are making excuses to make it look like the public isn’t paying for it.

🦙Nooo