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Cake day: February 16th, 2025

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  • Calls to violence you mean?

    You want a circlejerk with no barriers, whereas I wish we could discuss the reasons why hes putting in tariffs and cutting spending. Project 2025 versus ETS2 for instance, or the fact China is buying fewer and fewer treasuries every year; leading to higher borrowing costs on leveraged economies globally as money is sucked into the US, to fund the spending they also cant afford.

    Even the global demographics look bleak given the amount of debt we’ve taken on, and people are still living in an MMT fantasyland as they roll over their mortgages from 2% to 6%.


  • I am just stating what I think is happening, and what their plans seem to be. Trump has denounced the project 2025 plan, but its from the heritage foundation and yet it talks about implementing a border wall, so its pretty obvious that it is Trumps plan given the absurd ridiculousness of a border wall. It also lines up with what he is doing, Musk and John Kennedy made speeches recently that all countries should remove all barriers to the US if they want the tariffs taken off themselves.

    Europe meanwhile has a full policy listed, where they say they will tariff foreign emitters, and then create a “social climate fund” for social goals. As they rush in a CBDC for October to push expiring stimulus and inflation quotas in the guise of carbon quotas to control monetary policy. Canada’s PM has already said they intend on signing onto this foreign emitter tariff system as well, and I’m sure other countries will be too.

    Maybe you can explain where I am misreading or misunderstanding the situation, I find it interesting and would love additional insight into whats happening globally, we are clearly in an era of upheaval.




  • Is US social security not the definition of a ponzi scheme, where new money pays for old money, as they obfuscate the fact its totally unfunded outside of current year debt accumulation?

    Can somebody correct me where I’m wrong here, and why it is sustainable in a rising interest rate environment and aging demographics where debt is more expensive to roll over. It seems to me if you even made it optional and allowed people to opt in the entire system would collapse, as it is entirely unfunded if not for the new entrants into the system, which again appears to be a ponzi scheme.




  • This is a CBDC that she wants, something they have been talking about for years. Likely they want this because many European countries wont be able to survive higher interest rates caused by aging demographics, as the US high interest rates suck up global liquidity making rolling over debt more expensive.

    They will be able to slow inflation using the programmability of the money to prevent you from surpassing your allotted climate credits, as they are already forcing companies to measure their c02 usage in a system called the Corporate Sustainability Reporting Directive (CSRD). They will also be able to increase inflation via issuing expiring stimulus, which would allow them to issue stimulus without worrying about the 18 month lag.

    What Europe also wanted was a global climate change system, where they collect tax revenue from carbon credits, which would be charged to foreign emitters. Trump recently front run this with his own tariff system, following project 2025’s idea of eliminating all international tariffs. Though countries like Canada are talking about joining Europes climate plan instead, I think all countries will have to decide where to hand the keys to their domestic economic policy.

    https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/ets2-buildings-road-transport-and-additional-sectors_en



  • Well if hes following Project 2025, which it seems based on recent comments by Elon Musk, then hes expecting other countries to remove all tariffs first. As you say, chlorinated chicken, but if you dont then you dont get to sell your healthy chickens to America, and all that money you owe thats denominated in USD becomes very hard to acquire.

    Maybe the better option is to allow it but to label it with its harmful chemicals, let the free market decide, in a kind of democratic process of people determining their own marginal utility versus budget constraints. You can still buy cigarettes in the UK and Europe as well, so whats a bit of American chicken versus a lifetime of smoking?



  • turnip@lemm.eeto196@lemmy.blahaj.zoneHuman rulesources
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    6 days ago

    Many countries started mass immigration after the global inflation caused by global QE and money supply growth, in order to prevent wage inflation. They did this mass immigration just as central banks were raising rates to cool the economy.

    This is likely what you are feeling, there was a small time when there was a labor shortage and all the talk of ‘quiet quitting’ before they started this scheme, as depicted by the phillips curve, now its too many workers fighting for too few jobs as high interest rates slowed things down.

    https://en.wikipedia.org/wiki/Phillips_curve






  • Well its going to get more expensive relative as well as oil prices fall globally due to recession. But then we will hit another energy shortage and it will become cheaper, which is why France started building nuclear in the 1970s to begin with.

    It seems to me nuclear takes you off the ebb and flow of global energy prices, I’d prefer spending on nuclear rather than carbon capture which seems to be the existing plan of many countries to combat climate change.