Tell that to my employer
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asdfbla@lemmynsfw.comto Ask Lemmy@lemmy.world•Now that S&P 500 is climbing and a lot are celebrating, does anyone else feel like this is just the tip of the shitberg?English25·13 days agoMy knowledge is very superficial, but usually government bonds are a very safe investment. It’s basically how countries can even go into debt. In times of market uncertainty, you would expect that investors who sell off stocks put their money into bonds. However, investors are also selling US bonds, which means confidence in the US is waining. The US dollar is on track to losing it’s place as the world’s reserve currency.
This is all very bad for the US, since it also means they have to increase interests in bonds so people keep buying, which leads to more taxes since the interests on the bonds is the interest the US has to pay on their debt.
Please correct me if I am wrong
asdfbla@lemmynsfw.comto World News@lemmy.world•Trump doesn’t seem to know why he launched a giant trade warEnglish7·2 months agoOf course he knows. The goal is to crash the economy so the people who still have money when everyone lost theirs, i.e. the oligarchs, can buy up all these assets/companies that went bankrupt. And in the future when the markets recover, they have even more power. Losing a couple billion now is nothing in comparison to the long term gain
asdfbla@lemmynsfw.comto politics @lemmy.world•Trump thinks he humiliated Zelensky. He really humiliated the United StatesEnglish11·2 months agoTo add to that: Even from a purely military perspective, the intelligence gain regarding modern tactics far offsets what the US paid for it
I live in Germany and wanted to buy a new car 2 years ago. I live in the city in a rented apartment. I can’t charge at Work, and neither at home. So I would have to use only public charging stations , the nearest is almost 2km away. Plus, public charging stations are so expensive that you pay more per km than gas for a ICE car (excluding maintenance costs obviously)
I actually wanted to buy an EV, but since I can’t charge it, even though I live in a city, I couldn’t