#Economic implications

[artisticdivasworld]

Understanding Burnout: A Personal Journey into Life's Overwhelming Fatigue

Web Life is a beautiful journey, filled with ups and downs, joys and sorrows. But what happens when the downs seem to outweigh the ups, and the sorrows overshadow the joys? What happens when every day feels like a struggle, and the mere act of getting out of bed feels like climbing Mount Everest? This, my dear readers, is what burnout feels like. The Weight of Burnout Imagine waking up every…

[engineeringeconomicshub]

Balancing Progress and Preservation: Economic Implications of Environmental Policies

In the contemporary landscape, the pursuit of environmental sustainability is a critical imperative, and governments worldwide are implementing a variety of policies to address ecological concerns. This article delves into the intricate relationship between environmental policies and their economic implications, exploring how nations navigate the delicate balance between fostering economic growth…

[i-news-you]

📉 Is the United States' Credit Rating in Jeopardy? 📈

In our latest video, we dive deep into the potential consequences of an impending government shutdown on the US credit rating. Moody's Investors Service has issued a warning, and it's a wake-up call for all of us.

Join us as we unravel the intricacies of this critical issue, shedding light on how political polarization and fiscal challenges are impacting the nation's financial stability.

Discover the ripple effect of a credit rating downgrade - from Treasury bonds to your mortgage rates. We've got all the insights you need to make informed financial decisions.

Stay in the loop with the latest in finance and economics. Watch our video, like, subscribe, and hit that notification bell to stay ahead of the game!

[fastlane-freedom]

Break the Three-Generation Curse: Understand Success & Decline

The “three-generation curse” or “third-generation rule” is a concept that looks at how some families or dynasties experience success and then declines over three generations. This happens because of different attitudes, values, and challenges faced by each new generation. In this explanation, we’ll explore where this idea comes from, how it shows up, and ways to avoid it. “Hard times create…

[ecomehdi]

Some Dangers From Pandemic Fatigue: Understanding the Risks

The COVID-19 pandemic has significantly impacted the lives of people across the globe. With the prolonged duration and the extensive measures put in place to control the spread of the virus, individuals have been experiencing what is commonly referred to as “pandemic fatigue.” Pandemic fatigue refers to the physical, mental, and emotional exhaustion resulting from the ongoing crisis. While the…

[lukashaa]

Patho fanart of varying quality

[i-am-dulaman]

Okay I'm riled up about this rn so time for a history of economics lesson (rant) from me, a stranger on the internet

I'm a communist, I hate capitlism, so lemme just put that out there. But capitlism had its moments. Even marx had some praise for parts of capitlism.

And by far the most successful form of capitlism was Keynesian economics, as evident by the enormous increase in living standards in those countries which adopted it between the 1930s and 1970s.

What's Keynesian economics? The idea that capitlism can't survive on its own, and must be supported by government spending at the poorest ends of society and taxes at the richest ends of society (essentially the opposite of trickle down economics) as well as strong regulations on certain industries like banking.

It basically started in 1936 with President Roosevelt who was a personal friend of John Keynes (who the theory is named after).

Roosevelt implemented Keynesian economics to great effect; he raised the top tax rate to 94% (he actually wanted a 100% tax rate on the highest incomes, essentially creating a maximum wage, but the senate negotiated down to 94%) and similarly high corporate tax rates, he created the first ever minimum wage, created the first ever unemployment benefit, created social security in America, pension funds, and increased public spending on things like public utilities and infrastructure, national parks, etc. Which created about 15 million public sector jobs.

This ended the great depression and eventually lead to America winning world War 2, after which many countries followed suit in implementing similar policies, including UK, Australia, and NZ (apologies for the anglosphere-centric list here but they're the countries I'm personally most familiar with so bare with me)

Over the next 40 years these countries had unprecedented growth in living standards and incomes, and either decreasing or stable wealth inequality, and housing prices increasing in line with inflation. Virtually every household bought a car and a TV, rates of higher education increased dramatically, america put a man on the moon, and so on.

Then it all abruptly ended in the 80s and the answer is plain and obvious. 1979 thatcher became UK prime minister. 1981 reagan became US president. 1983 the wage accords were signed in aus. 1984 was the start of rogernomics in NZ (Someone link that Twitter thread of the guy who posts graphs of economic trends and points out where reagan became president)

(Also worth noting those last two in NZ and Aus were both implemented by 'left' leaning governments, but they are both heavily associated with right wing policies.)

This marked the beginning of trickle down economics: tax cuts, privatization of publicly owned assets, reduction in public spending, and deregulation of the finance sector. The top tax rates are down to the low 30s in most of these countries, down from the 80s/90s it was prior. Now THATS a tax cut.

And what happened next?

Wages stagnated. Housing prices skyrocketed. Bankers got away with gambling on the economy. Public infrastruce and utilies degraded. And wealth inequality now exceeds France in 1791.

I don't know how anyone can deny the evidence if they see it, but there's so much propaganda and false information that a lot of people just don't see the evidence.

Literally all the evidence supports going back to Keynesian economics but now that the rich have accumulated so much wealth it's virtually impossible to democratically dethrone them when they have most of the politicians on both the right and the left in their pocket.

Unfortunately it was the great depression and ww2 that gave politicians the political power to implement these policies the first time around. Some thought the 2008 crash would spur movement back towards Keynesianism (which it actually did in Iceland, congrats to them), I hoped covid would force governments to now, but nope.

All these recent crises' seem to have just pushed politics further and further right, with more austerity and tax cuts.

I don't really have a message or statement to end on other than shits fucked yo.

[chicago-geniza]

Read too much Pride & Prejudice and Downton Abbey fanfiction and now get freaked out by how kinky the concept of marriage is. You vow to worship your spouse with your body. You're signing a contract about property rights and also sex. It's the most hard-core mutual objectification agreement two people can enter into under the law? It would be so fucked up if marriage were real

[fis-paprikas]

fully believe the blue forest was internationally recognized just on account of "might as well"

[beneath-the-willow-tree]

I do think there are philosophical hang-ups worth having about vampirism — especially regarding immortality and the slew of psychological problems it can give you — but eating people is not one of them. It’s just biology. If a polar bear eats a person because it’s hungry, that is unfortunate for the person’s family and all, but it doesn’t make the polar bear evil. I know vampires are capable of contemplation in ways polar bears are not; still, I do not think belonging to a certain species makes it morally wrong for you to enjoy your food. Louis does survive by feeding on non-human animals for a while, so it is possible for vampires to avoid eating people, but even then. You can feed your cat vegetarian cat food. It doesn’t mean you should.

[rathologic]

truly respect patho2's changes to the willows... the whole time in 1 I've been thinking "it would be nice if anna's interior reflected her being a hoarder of medicine by amassing a collection of other objects, thereby offering insight into her character and creating a sense that she has despoiled or disorganized the house by living in it" and 2 did hit that spot on.

[applesandbannas747]

Students will take my classroom economy and build a mafia, successfully control at least half of the class’s fake money with predatory loans and interest rates, then expect ME to deal with it when someone steals from them

Like little homies I am so sorry to tell you this because I am so sorry it’s true but I am the government in this situation. The Man, if you will. You make a mafia, you deal with running it

Anyway, they decided to threaten thieves with breaking their knee caps and I’m helping them build a spreadsheet to keep track of their finances

They have not, however, relocated the jankass box made out of roughly hacked apart pieces of cardboard glued together that’s always sitting in the middle of the class library and bursting with their dirty fake money nor seem to have any intention to make ‘the mafia’ more secure

[fondcrimes]

as usual every discourse about art becomes a discourse about circulation

[romijuli]

No offense but I think some of my family members need to grow a fucking spine

[kraeheant]

I don’t often engage with FR’s lore, it just doesn’t come to mind a lot, but the tiny tiny tidbit about elementally enchanted items in the new harpy lore? Now that has me intrigued. I could see it expanded into a crafting-like game mechanic if there was an equipment system to go with it, just anything of use to put these enchantments on. It would be interesting to see what effects on the economy would come from a hypothetically element and level-locked crafting system.

[ghost-shepherdess]

how come every single day my mum finds out about a new rich northern european youtuber moving to the portuguese countryside seeking an idyllic sustainable living experience.......specially brits pls think about the implications of gentrification before moving to a country that has less than half of your minimum wage ??

we're literally being driven out of our villages and cities bc real estate agents and landlords are catering to a public that we *cannot* out-buy !