Since the Great Depression, which president has had the best, and which has had the worst, economic performance? Just as you would expect, FDR is best by a mile, and Donald Trump is worst by a mile.
[NYTimes]
3 notes
·
View notes
India and China Economic Performance: A Comparative Analysis
India and China Economic Performance: A Comparative Analysis #EconomicGrowth #AsiaEconomy #StartupIndia #StartupChina #GDPgrowth #TradeRelations
The economies of India and China are the two largest and fastest-growing in Asia, and they have both experienced significant changes and challenges in the last five years. Here are some of the key indicators and trends of their economic performance:
GDP: China’s nominal GDP grew from $11.23 trillion in 2016 to $17.82 trillion in 2021, an increase of 58.6%. India’s nominal GDP grew from $2.26…
View On WordPress
0 notes
World Economic Situation and Prospects 2024.
Extended period of low economic growth looms large, undermining progress on sustainable development.
The world economy in 2023 proved to be resilient, exceeding expectations with an estimated growth rate of 2.7 per cent, higher than the 2.3 per cent forecast last May. However, this better-than-expected performance masks underlying short-term risks and structural vulnerabilities. The World Economic Situation and Prospects 2024, launched today in New York, presents a sombre economic outlook for the near term, with global growth in 2024 projected to slow to 2.4 per cent. Persistently high interest rates, potential escalation of conflicts, sluggish international trade, and increasing climate disasters, pose significant challenges to the world economy.
1 note
·
View note
Jobless claims jump to 211,000, the highest since Christmas. Blame New York.
The numbers: The number of Americans who applied for unemployment benefits in early March jumped to a 10-week high of 211,000. Yet most of the increase was concentrated in New York and might not signal a broader cooling-off trend in the U.S. labor market.
New U.S. applications for benefits rose 21,000 from 190,000 in the prior week, the government said Thursday. The numbers are seasonally…
View On WordPress
0 notes
SERBISYO
something from the vault! freeing this comic from my drafts; this was an older idea, just messing around with a scene earlier on in crassus' career. love a guy who. uhhh. exploits tragedy to his benefit. christ. something something the politics of opportunity.
there was originally a follow up to this about the benefits of knowing when cold hard cash is the way to go, but I realized about five minutes ago it would be a better fit to place it during the catilinarian conspiracy arc. which means I should figure out a design for catiline for real.
213 notes
·
View notes
Hey, yanno how Climate Change is a real thing that is tangibly, at this moment, affecting our world?
Well it turns out, the wealthy and their investment firms have been seeing the mounting evidence that oil companies have had for decades and are slowly starting to think more long-term about their portfolios in the face of rising sea levels, more extreme weather, and the myriad of ways climate crises are affecting...well. Everything. Maybe this means they invest more into sustainability, green energy, building more resilient infrastructure, or carbon offsets. Some of it, of course, is simple corporate greenwashing, but there are those that are taking this trend and packaging it into something called ESG (Environmental, Social, and corporate Governance).
Now some people would say this is predictable, even sensible. Just the good ol’ Free Market(tm) rationally responding to market forces and a changing world.
But those people would be fools! Insidious fools! For conservative sorcerers have come out with a new cursed phrase to explain this new market trend: Woke Investing.
What makes this investing “woke?” Well, much like how conservatives normally flounder when trying to define a word they stole from black people, “Woke Investing” essentially just means any kind of capital investment that they, the fossil fuel billionaire class and their sycophants, don’t personally profit from.
One of these aforementioned sycophants is Andy Puzder, conservative commentator, fellow at The Heritage Foundation, and former fast-food CEO. He calls this kind of so-called woke investing “socialism in sheep’s clothing,” further explaining in leaked audio of a closed-door meeting:
“My father's generation's challenge was the Nazis, who, by the way, were, of course, very proud socialists[citation fucking needed]. The challenge of my generation was the communists, who were, of course, very committed socialists. The challenge of your generation is ESG investing, and it's more insidious than communism or the Nazis.”(source)
You heard it here first, folks. Not investing as much in fossil fuels is more insidious than the Third Fucking Reich.
As usual, the Heritage Foundation is putting their petro-chemical donor’s money where their mouth is. Bills are being proposed to blacklist banks that don’t invest in key state industries, such as West Virginia coal or Texas oil. Fourteen states have already passed bills to restrict ESG-type investing, with Florida Governor Ron “Bullies Kids for Wearing Masks” Desantis leading the charge.
In other words, Climate Denial has reached such a point that so-called Free Market Conservatives who claim to hate big government are trying to make it illegal for banks, investment firms, and financial institutions to make any financial decisions that acknowledges Climate Change is real.
121 notes
·
View notes
The Red Rebel Brigade performs at the opening of the David Graeber Institute in London (2022)
by Nika Dubrovsky
69 notes
·
View notes
TRUMP: “At the suggestion of Elon Musk — I will create a Government efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms. Elon.. has agreed to head that task force”
Join the link below:
https://t.me/+CybRAn5DoaY1YWM8
1 note
·
View note