#economic affairs

[jedarar]

CHINA Clap back! #donaldtrump

[definitelytherepublicofireland]

@official-ikea weather update: if it's this shit in the Midlands I don't want to imagine dingle

[todayworldnews2k21]

Cabinet Hikes MSP For Copra To Rs 12,100 Per Quintal

New Delhi: The Cabinet Committee on Economic Affairs on Friday hiked the Minimum Support Price (MSP) for fair average quality of milling copra to Rs 11,582 per quintal and for ball copra to Rs 12,100 per quintal for the 2025 marketing season, according to an official statement.  The MSP has been increased in accordance with the government’s decision that mandates the MSP for crops will be fixed…

[felixwylde]

Tufton Tories, cry or laugh?

Well, sometimes you just have to shed a tear, or you’ll end up laughing your head off, don’t ya?So, when does that old saying “you’ve gotta laugh, or you’d cry” go a bit too far? When does the laughter stop, and you’re left feeling all miserable?When your family gets caught up in the dodgy dealings of some rich folks with some questionable ideas, what’s the right thing to do?Can you believe they…

[definitelytherepublicofireland]

the three operas: soprano, tenor and hillbilly screeching

How many Opera GX accounts are they?

@operagxreal

@opera-gx-official

@true-opera-gx (it says blog not found? I know you exist)

And any other ones,

Are you part of a multiverse of what?

[socialstockmarket]

Metal Stock to focus

[vintageseawitch]

Project 2025's economic plan is essentially let billionaires do whatever the hell they want more than ever before with more tax breaks, privatizing/stripping away Medicare, social security, & the VA, deporting 10 million people, many of whom have lived here since they were children, turning 40 hour work weeks into 160 hour work months & allowing companies to get away with not paying overtime, etc. i would count what they want to do with LGBTQIA+ people is also part of their economic plan because sending them to concentration camps or simply executing them for existing as they are would probably cost tax payer dollars.

[workersolidarity]

🇷🇺 THE DURAN UPDATE ON THE RUSSIAN ECONOMY

"a couple of years ago, five or six years ago the Russian economy, the priority for the Russian government was sorting out the banking Financial system. Creating a strong financial system within Russia. Remember in the 1990s Russia had no real financial institutions, [they had] phoney institutions, they were fake institutions. They didn't function like proper Banks do. So the government spent a huge amount of time sorting out Banks, sorting out the financial system. They spent a huge amount of time rebuilding living standards, creating a functioning consumer Market [and] sorting out services. What they're now doing, the focus that they have at the moment is on industrialization and on industrial expansion, and this is not the primary focus and we see investment as I said in Industry surging, and this I think is going to be the future now. We're going to see industrial expansion probably for the next couple of years and alongside that, what goes with that, which will be Capital controls and this period when the ruble was freely convertible is, I think, coming to an end and I think people need to understand that. So that makes the way in which the Russian economy is going to be run from now, at this point on, it's going to make it more like China and indeed India then it has been previously."

- Alex Mercouris 11/05/23

@TheDuran

@WorkerSolidarityNews

[prose2passion]

interesting background to all the shit happening. Also, junktank is a useful word.

[indizombie]

Last year, the German government authorized arms exports worth a total of €326.5 ($355.3 million) to Israel. Of this amount, €20 million was earmarked for weapons of war while the remaining €306.3 million was reserved for defense equipment. According to media reports, the supplies include 3,000 portable anti-tank weapons, 500,000 rounds of ammunition for fully and semi-automatic firearms as well as other fuses and propellants. Much of the over €300 million was spent on armored vehicles, military trucks and safety glass. Until the fall of 2023, only €38.5 million worth of military exports to Israel had been approved in Germany. That figure rose sharply after October 7. In November, the Federal Office for Economic Affairs and Export Control, which overseas arms exports, stated that as a consequence of the attack, "applications for the export of military equipment to Israel" would be decided upon according to priority. The share of weapons of war amounts to nearly 6% of the total volume — in 2022, it was 2%. As a result of the significant increase in arms exports from Germany to Israel, the latter now ranks seventh among the prime recipients of Germany military technology. Ukraine tops the list, receiving over €4 billion worth, while Norway and Hungary fall in second and third place respectively, both receiving over €1 billion.

Andreas Noll, ‘War in Gaza: Germany supplies 30% of Israel's arms imports’, Deutsche Welle

[joytri]

Hello, hello! This is my Economics Blog researching and writing about various policies, current affairs, and interesting facts related to Economics 📈🏛️ If you find the human mind, news, environmentalism, and business particularly fascinating, this is a blog you are sure to like. Do check us out!! We would be incredibly grateful for your support <3 Thank you!! 🌎✨

[internationem]

me: barely survived first semester

also me: i should do a SECOND major!

[definitelytherepublicofireland]

Do you want to join us in the war against IKEA?

what did the swedes do now

[sillychillly]

Let’s paint a picture:


The US is the most incarcerated country in the world. On both a volume and per capita basis
60% of US people are living paycheck to paycheck


Medical Issues are the cause of most bankruptcies


There is no guarantee of healthcare, vacation, paid parental leave, or sick leave


The US has the world’s largest economy.


If you are a typical worker for Walmart or another top employer, the CEO is on average compensated ~400x more than you.


The US spends more than the top 10+ countries combined on the military & more than most countries’ military on the US police force.


Life Expectancy is going Down not up.


The country isn’t working for the average US citizen


We can adjust the US’ Trajectory by believing & investing in our people. We are one of the most diverse people in the world, who value individuality, speaking one’s mind, and taking care of family & friends.


We deserve to share in the US’ massive economy instead of gains & benefits disproportionately going to the top .01%.

[k-star-holic]

"The Doctor Master Kim3." Should I have brought in Lee Gyeung-young? "Romance" is gone, and "arbitrary conflict" remains!

Source: k-star-holic.blogspot.com

[the-funtime-autocrat]

Examples of the developmental state are familiar in East Asia: Japan and the four Asian Tigers (Hong Kong, South Korea, Taiwan, and Singapore), plus post-Mao China. But the East Asians borrowed the developmentalist model from Germany and the United States, which in their successful attempts to catch up with industrial Britain in the 19th century had used their own variants of the tradition, associated with Friedrich List in Germany and Alexander Hamilton and Henry Clay in the U.S. The roots of developmentalist economics can be traced back to mercantilism and cameralism in early modern Europe and even further back to Renaissance Italy. (There was no “fascist model” of economics. Mussolini’s regime might be classified as an authoritarian developmentalist state, but the short-lived Nazi economy was based first on preparation for war and then on plunder and slavery.) Ironically, during the Cold War, when the U.S. supposedly illustrated the virtues of free enterprise, the U.S. had its own successful developmental-state industrial policy, orchestrated by the Defense Department through the Defense Advanced Research Projects Agency (DARPA) and other agencies. In the 1990s, libertarians and neoliberals claimed that the information technology revolution proved the superiority of the free market to government when it comes to innovation. But the major tools of the computer age, from digitization to the global internet to the computer mouse were developed by government contractors reliant on U.S. taxpayer money. It is no coincidence that U.S. productivity and innovation sputtered in this century, when neoliberal Democrats and libertarian Republicans decided to let the free market develop the next wave of technologies. It turns out that venture capitalists and advertisers are more interested in addictive online sites like Facebook and Twitter than in robots and cures for cancer. Without exception the major advances in basic technology during the post-1980s era of free market utopianism have been largely funded by the federal government.

Michael Lind, “Cold War II” (January 3rd 2023).