MrMakabar

joined 1 year ago
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[–] MrMakabar 12 points 6 days ago (1 children)

It is a Russian unit destroyed and not a Ukrainian.

[–] MrMakabar 7 points 6 days ago

Great news! Lets hope the oil producers get caught by other countries as well.

[–] MrMakabar 4 points 6 days ago (1 children)

The keyword is probably world government. Also institutions like the EU are pretty intressting. That has been copied in Africa, Eurasia and South America.

[–] MrMakabar 6 points 1 week ago

It very much looks like it is 211MW lasting for 1h giving 211MWh.

[–] MrMakabar 1 points 1 week ago

MMT would claim rather simply that the debt can be paid back by printing more money. More money in the system means more people are employed. If you have full employment, more money leads to inflation and to fight inflation governments need to raise taxes, to take money out of the system. Obviously taxes can not be raised to infinity.

So no MMT does not claim the US can just borrow money without long term costs.

[–] MrMakabar 1 points 1 week ago (3 children)

Not necessarily. As long as the debt is invested well, it is absolutly fine. If the debt is used to increase the size of the economy, that means more taxes and hence the debt can pay itself. The other scenario is the government investing into something, which increases in value. Keep in mind that the governments rates are lower the private rates, so if a government builds a lot of housing for its citizens, that increases debt, but is still cheaper then everybody building their own housing themself. Similar effects can be had by buying companies.

Debt is a tool, it can be used for both good and bad. It really depends on how good the government is.

[–] MrMakabar 17 points 1 week ago

He was sentenced according to GDR law, which allows ten years to life.

[–] MrMakabar 14 points 1 week ago (9 children)

However many of the rich countries are in debt in currency they control. The US, China and the EU mostly borrow in dollar, RMB and Euro. So if they have a massive debt crisis they just print a lot of money and can pay back the debt. That comes with inflation, but that is not that bad.

The poorest countries in the world mainly borrow in USD, which they can not just print. They have to net export to get USD to pay back debt. Add to that other massive problems. Afghanistan, Yemen, Syria and Ethiopia all have ongoing civil wars, Chad is landlocked and the country it would trade through is currently in a civil war. North Korea is sanctioned to hell and back. That makes paying back any debt much harder.

[–] MrMakabar 7 points 1 week ago

You can however Switch to some open source software without having to go full Linux. Introducing Libre Office, Firefox, Thunderbird and so forth can be done in Windows. Software Not working one Linux is often a big problem for switching.

[–] MrMakabar 5 points 1 week ago

Russia hast formed new units. That requires weapons as well.

 
386
Eat the Rich (assets.chaos.social)
submitted 1 month ago by MrMakabar to c/memes
 
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