#financial economics

[biglisbonnews]

Russia’s Far East Witnessing Series of Record-Breaking Agreements for the 8th Consecutive Year - Modern Diplomacy Russia’s Far East Witnessing Series of Record-Breaking Agreements for the 8th Consecutive Year  Modern Diplomacy https://moderndiplomacy.eu/?p=66175

[alwaysbewoke]

[bitchesgetriches]

{ MASTERPOST } Everything You Need to Know about Repairing Our Busted-Ass World

On poverty:

Starting from nothing

How To Start at Rock Bottom: Welfare Programs and the Social Safety Net 

How to Save for Retirement When You Make Less Than $30,000 a Year

Ask the Bitches: “Is It Too Late to Get My Financial Shit Together?“

Understanding why people are poor

It’s More Expensive to Be Poor Than to Be Rich

Why Are Poor People Poor and Rich People Rich?

On Financial Discipline, Generational Poverty, and Marshmallows

Bitchtastic Book Review: Hand to Mouth by Linda Tirado

Is Gentrification Just Artisanal, Small-Batch Displacement of the Poor?

Coronavirus Reveals America’s Pre-existing Conditions, Part 1: Healthcare, Housing, and Labor Rights

Developing compassion for poor people

The Latte Factor, Poor Shaming, and Economic Compassion

Ask the Bitches: “How Do I Stop Myself from Judging Homeless People?“

The Subjectivity of Wealth, Or: Don’t Tell Me What’s Expensive

A Little Princess: Intersectional Feminist Masterpiece?

If You Can’t Afford to Tip 20%, You Can’t Afford to Dine Out

Correcting income inequality

1 Easy Way All Allies Can Help Close the Gender and Racial Pay Gap

One Reason Women Make Less Money? They’re Afraid of Being Raped and Killed.

Raising the Minimum Wage Would Make All Our Lives Better

Are Unions Good or Bad?

On intersectional social issues:

Reproductive rights

On Pulling Weeds and Fighting Back: How (and Why) to Protect Abortion Rights

How To Get an Abortion 

Blood Money: Menstrual Products for Surviving Your Period While Poor

You Don’t Have to Have Kids

Gender equality

1 Easy Way All Allies Can Help Close the Gender and Racial Pay Gap 

The Pink Tax, Or: How I Learned to Love Smelling Like “Bearglove”

Our Single Best Piece of Advice for Women (and Men) on International Women’s Day

Bitchtastic Book Review: The Feminist Financial Handbook by Brynne Conroy

Sexual Harassment: How to Identify and Fight It in the Workplace 

Queer issues

Queer Finance 101: Ten Ways That Sexual and Gender Identity Affect Finances

Leaving Home before 18: A Practical Guide for Cast-Offs, Runaways, and Everybody in Between

Racial justice

The Financial Advantages of Being White

Woke at Work: How to Inject Your Values into Your Boring, Lame-Ass Job

The New Jim Crow, by Michelle Alexander: A Bitchtastic Book Review

Something Is Wrong in Personal Finance. Here’s How To Make It More Inclusive.

The Biggest Threat to Black Wealth Is White Terrorism

Coronavirus Reveals America’s Pre-existing Conditions, Part 2: Racial and Gender Inequality 

10 Rad Black Money Experts to Follow Right the Hell Now 

Youth issues

What We Talk About When We Talk About Student Loans

The Ugly Truth About Unpaid Internships

Ask the Bitches: “I Just Turned 18 and My Parents Are Kicking Me Out. How Do I Brace Myself?”

Identifying and combatting abuse

When Money is the Weapon: Understanding Intimate Partner Financial Abuse

Are You Working on the Next Fyre Festival?: Identifying a Toxic Workplace

Ask the Bitches: “How Do I Say ‘No’ When a Loved One Asks for Money… Again?”

Ask the Bitches: I Was Guilted Into Caring for a Sick, Abusive Parent. Now What?

On mental health:

Understanding mental health issues

How Mental Health Affects Your Finances

Stop Recommending Therapy Like It’s a Magic Bean That’ll Grow Me a Beanstalk to Neurotypicaltown

Bitchtastic Book Review: Kurt Vonnegut’s Galapagos and Your Big Brain

Ask the Bitches: “How Do I Protect My Own Mental Health While Still Helping Others?”

Coping with mental health issues

{ MASTERPOST } Everything You Need to Know about Self-Care

My 25 Secrets to Successfully Working from Home with ADHD 

Our Master List of 100% Free Mental Health Self-Care Tactics 

On saving the planet:

Changing the system

Don’t Boo, Vote: If You Don’t Vote, No One Can Hear You Scream

Ethical Consumption: How to Pollute the Planet and Exploit Labor Slightly Less

The Anti-Consumerist Gift Guide: I Have No Gift to Bring, Pa Rum Pa Pum Pum

Season 1, Episode 4: “Capitalism Is Working for Me. So How Could I Hate It?”

Coronavirus Reveals America’s Pre-existing Conditions, Part 1: Healthcare, Housing, and Labor Rights 

Coronavirus Reveals America’s Pre-existing Conditions, Part 2: Racial and Gender Inequality 

Shopping smarter

You Deserve Cheap Toilet Paper, You Beautiful Fucking Moon Goddess

You Are above Bottled Water, You Elegant Land Mermaid

Fast Fashion: Why It’s Fucking up the World and How To Avoid It

You Deserve Cheap, Fake Jewelry… Just Like Coco Chanel

6 Proven Tactics for Avoiding Emotional Impulse Spending

Join the Bitches on Patreon

[zvaigzdelasas]

If you're aged 19-36 and don't own your home, you're probably not reading this in China.

While young people around the world are struggling to get on the property ladder, an HSBC study found that 70% of Chinese millennials have achieved the milestone.[...]

The mortgage lender spoke to around 9,000 people based in nine countries.

While China came out top of the pack, Mexico was next with 46% of millennials owning property, followed by France with 41%.[...]

For many people aged 19-36, houses remain unaffordable because they have not saved enough for a deposit. Property prices in eight of the nine countries studied increased in 2016.

The rise in house prices relative to salary growth also leads to issues.

Almost two-thirds of respondents said they would need higher earnings to buy a home, but seven of the nine countries are facing real salary growth of less than 2% in 2017.

In the UK, for example, house prices rose by 7.5% in 2016, according to the International Monetary Fund, while wages are expected to rise by 1.9% this year.

2017

[aronarchy]

Why we don’t like it when children hit us back

To all the children who have ever been told to “respect” someone that hated them.

March 21, 2023

Even those of us that are disturbed by the thought of how widespread corporal punishment still is in all ranks of society are uncomfortable at the idea of a child defending themself using violence against their oppressors and abusers. A child who hits back proves that the adults “were right all along,” that their violence was justified. Even as they would cheer an adult victim for defending themself fiercely.

Even those “child rights advocates” imagine the right child victim as one who takes it without ever stopping to love “its” owners. Tear-stained and afraid, the child is too innocent to be hit in a guilt-free manner. No one likes to imagine the Brat as Victim—the child who does, according to adultist logic, deserve being hit, because they follow their desires, because they walk the world with their head high, because they talk back, because they are loud, because they are unapologetically here, and resistant to being cast in the role of guest of a world that is just not made for them.

If we are against corporal punishment, the brat is our gotcha, the proof that it is actually not that much of an injustice. The brat unsettles us, so much that the “bad seed” is a stock character in horror, a genre that is much permeated by the adult gaze (defined as “the way children are viewed, represented and portrayed by adults; and finally society’s conception of children and the way this is perpetuated within institutions, and inherent in all interactions with children”), where the adult fear for the subversion of the structures that keep children under control is very much represented.

It might be very well true that the Brat has something unnatural and sinister about them in this world, as they are at constant war with everything that has ever been created, since everything that has been created has been built with the purpose of subjugating them. This is why it feels unnatural to watch a child hitting back instead of cowering. We feel like it’s not right. We feel like history is staring back at us, and all the horror we felt at any rebel and wayward child who has ever lived, we are feeling right now for that reject of the construct of “childhood innocence.” The child who hits back is at such clash with our construction of childhood because we defined violence in all of its forms as the province of the adult, especially the adult in authority.

The adult has an explicit sanction by the state to do violence to the child, while the child has both a social and legal prohibition to even think of defending themself with their fists. Legislation such as “parent-child tort immunity” makes this clear. The adult’s designed place is as the one who hits, and has a right and even an encouragement to do so, the one who acts, as the person. The child’s designed place is as the one who gets hit, and has an obligation to accept that, as the one who suffers acts, as the object. When a child forcibly breaks out of their place, they are reversing the supposed “natural order” in a radical way.

This is why, for the youth liberationist, there should be nothing more beautiful to witness that the child who snaps. We have an unique horror for parricide, and a terrible indifference at the 450 children murdered every year by their parents in just the USA, without even mentioning all the indirect suicides caused by parental abuse. As a Psychology Today article about so-called “parricide” puts it:

Unlike adults who kill their parents, teenagers become parricide offenders when conditions in the home are intolerable but their alternatives are limited. Unlike adults, kids cannot simply leave. The law has made it a crime for young people to run away. Juveniles who commit parricide usually do consider running away, but many do not know any place where they can seek refuge. Those who do run are generally picked up and returned home, or go back on their own: Surviving on the streets is hardly a realistic alternative for youths with meager financial resources, limited education, and few skills.

By far, the severely abused child is the most frequently encountered type of offender. According to Paul Mones, a Los Angeles attorney who specializes in defending adolescent parricide offenders, more than 90 percent have been abused by their parents. In-depth portraits of such youths have frequently shown that they killed because they could no longer tolerate conditions at home. These children were psychologically abused by one or both parents and often suffered physical, sexual, and verbal abuse as well—and witnessed it given to others in the household. They did not typically have histories of severe mental illness or of serious and extensive delinquent behavior. They were not criminally sophisticated. For them, the killings represented an act of desperation—the only way out of a family situation they could no longer endure.

- Heide, Why Kids Kill Parents, 1992.

Despite these being the most frequent conditions of “parricide,” it still brings unique disgust to think about it for most people. The sympathy extended to murdering parents is never extended even to the most desperate child, who chose to kill to not be killed. They chose to stop enduring silently, and that was their greatest crime; that is the crime of the child who hits back. Hell, children aren’t even supposed to talk back. They are not supposed to be anything but grateful for the miserable pieces of space that adults carve out in a world hostile to children for them to live following adult rules. It isn’t rare for children to notice the adult monopoly on violence and force when they interact with figures like teachers, and the way they use words like “respect.” In fact, this social dynamic has been noticed quite often:

Sometimes people use “respect” to mean “treating someone like a person” and sometimes they use “respect” to mean “treating someone like an authority” and sometimes people who are used to being treated like an authority say “if you won’t respect me I won’t respect you” and they mean “if you won’t treat me like an authority I won’t treat you like a person” and they think they’re being fair but they aren’t, and it’s not okay.

(https://soycrates.tumblr.com/post/115633137923/stimmyabby-sometimes-people-use-respect-to-mean)

But it has received almost no condemnation in the public eye. No voices have raised to contrast the adult monopoly on violence towards child bodies and child minds. No voices have raised to praise the child who hits back. Because they do deserve praise. Because the child who sets their foot down and says this belongs to me, even when it’s something like their own body that they are claiming, is committing one of the most serious crimes against adult society, who wants them dispossessed.

Sources:

“The Adult Gaze: a tool of control and oppression,” https://livingwithoutschool.com/2021/07/29/the-adult-gaze-a-tool-of-control-and-oppression

“Filicide,” https://en.wikipedia.org/wiki/Filicide

[why-the-heck-not]

whiskey & writing this thesis bc the introduction chapter is taking more linguistical creativity than what I have with just caffeine (idk what to write in this without it sounding like a 3rd grader’s essay yikes)

[furiousgoldfish]

abusive parents: neglect to give you money for school, food, bus ticket, clothing, basic hygiene products, even when they know you need it consistently

abusive parents when you're forced to come to them and ask them to give you money they're responsible for providing you with:

"You only take and never give back"

"Do you think money grows on trees?"

"When are you going to pay all this back?"

"You're a burden on this family."

"You're lucky I'm giving this to you."

"How many times have I given you this already, you never have enough."

"Do you think I'm made of money?"

"When are you going to get a job"

"I should be charging you rent for living in my house"

"But have you earned this money?"

"I work day and night, just to have to throw it all away on you"

"What if I acted like you do, and just said 'no' whenever you needed money?"

"What did you do with the last one I gave you"

"You'll get it when you do x"

"You could have acted better towards me, instead of acting scared right now"

"You'll see one day what it is, working hard and having to give it all away"

"You should be more grateful, not everyone gets this."

"You think my parents just gave me money when I was a kid? I had to x and y and z for it!"

"Imagine if I didn't give it to you, how would you get by then? You wouldn't survive without me."

[mindblowingscience]

The climate crisis is hitting home with more frequent extreme weather events. Companies, particularly those in high-emission industries, are major contributors to global carbon emissions, therefore making them key players in the fight against climate change. Recognizing this responsibility, many businesses are now taking proactive measures to reduce their carbon footprint, by reducing carbon emissions and transparently sharing their environmental strategies and data.

Continue Reading.

[bonegloss]

You're not a failed artist.

After over almost two decades on the internet, entering various art communities and establishing my online presence, I've noticed something.

The persistent idea that you've "failed" as an artist if you get a "real job" will not go away.

This, for the longest time, permeated my electronic meat slab and nestled in deeply MUCH to my detriment . For years I fought with myself over this idea. Self-flagellating and noisy, negative thoughts were almost suffocating because I was unable to Do Art As A Job consistently and efficiently enough to maintain a living off of it. Between navigating life for almost 30 years not knowing I was autistic (and all that entails) and trying to turn something I love into something I could make a living off of, it was a vicious and repetitive cycle of trying something new, getting burned out, entering a depressive state, climbing out of it, rinse and repeat. This is clearly unsustainable, especially now that I am more independent in my adult life; bills aren't going to wait for me to get out of my depressive funks. Even having jobs and still making art on the side today, this idea is still nestled in there, nagging me sometimes.

Would I like to make a living off of my art? Of course! Would it be even better if I was supported from making stuff from my own IP's? You fucking bet. But I know how I operate, I know I can't personally do that (yet? maybe?). Now, I realize not everyone can just go get a job, and I don't want this to come off as a rally cry to Just Go Out and Work (I know many creative people are disabled or have other reasons they cannot work), but I do want to stress that its okay if art needs to remain more of a hobby than a job. It is okay if you cannot sustain yourself solely as a living artist. Over the years, I've burned myself out so god damn hard and have watched others work themselves to (near) death or can barely scrape by because of this incessant feeling that we need to be doing art 100% of the time to have "made it". It is hurting us both physically and emotionally to keep this shit up.

Going forward, we have to do better. There is no shame in having an income that is not dependent on the things you make. I think that it can help alleviate a lot of stress and fatigue that can become associated with creating (and thus, making it hard to do something you love). We need to learn to be kinder to ourselves and unlearn comparing our experiences to what we see from other creative peers on social media. Its hard, finding work sucks ass, and no job will be perfect, but if it can help you survive a little easier and rekindle your relationship for creating the things you love to make, it'll make a world of difference.

You are not a failed artist. You're doing what you can so you can keep doing what you love.

[biglisbonnews]

Nouriel Roubini on Bitcoin and Other Predictions - Yahoo Finance Nouriel Roubini on Bitcoin and Other Predictions  Yahoo Finance https://finance.yahoo.com/news/nouriel-roubini-bitcoin-other-predictions-133625810.html

[benjaminallhope-fulltimemind]

My blood boils so badly whenever this comes up, why is canceling student debt a bad thing? We should be asking why student debt has no limits and can't be cancelled through bankruptcy like other forms of debt? Why can businesses declare bankruptcy and be fine while this life ruining form of debt be allowed with no restrictions? Biden has his issues but this is not one of them, but of course republicans oppose anything democrats do out of principle as cults can't cooperate with others! The supreme court is stuffed with crooks protecting crooks, it needs major reform or they will be removed by force if necessary!

[lilithism1848]

[bitchesgetriches]

Ask the Bitches: How Can I Make Myself Financially Secure Before Age 30?

The road to being financially secure is just lousy with potholes. You’re going to fuck up. You’re going to have accidents and completely unforeseen bad things are going to happen to you. You’ll get sick, or your family will need you, or you won’t get that job you were counting on, or you’ll lose a bunch of money.

Here’s the thing though…

You will not give up.

At no point are you allowed to roll over and content yourself with mediocrity because succeeding is too difficult. You’re going to get creative. You’ll find new and innovative ways around the roadblocks in your way. You’re going to look around you at those assholes who have it easier than you and who don’t understand a fraction of what you have to deal with. And you’re going to know that you are stronger.

You have been forged in the fires of adversity and that experience has made you nigh unstoppable. Making it to thirty with a fat bank account and a well-ordered life makes you a certifiable badass. But doing it in the face of hardship and heartache and numerous setbacks? That makes you mighty.

Open your arms wide to the coming hardships. Look the steaming pile of garbage that is life in the face and say, “You will not break me.”

We believe in you. You’re going to be great.

Keep reading.

Did we just help you out? Join our Patreon!

[scottiestoybox]

Uninformed voters supported tRump and hurt themselves

[howlingday]

Okay, I got curious and decided to look into the minimum wage in the United States. Starting off, there's this...

WHAT IS THE US AVERAGE COST OF LIVING?

The Cost of Living in the United States.

The average household in the United States spends $61,334 a year on expenses. On average, 34.9% of spending, or roughly $1,784 a month, is dedicated to housing and housing-related costs. The median price of a single-family home in the United States is $273,992.

https://worldpopulationreview.com

Cost of Living Index by State 2024 - World Population Review

Okay, now for some uncomfortable math...

https://www.ncsl.org/labor-and-employment/state-minimum-wages

Going to another website, posted above, I pulled information on each state's min. wages. Yes. Wages. Plural. Some states have two minimum wages. There were notes, but I'm not looking at them. There were also other min. wages from other US territories, such as Puerto Rico, Guam, Sampa, the Virgin and Northern Marinara Islands. I'll also include those.

Adding up the averages WITHOUT the territories, we have... 587.40/54=$10.88

Adding up WITH the territories gets us... 637.98/61=$10.46

So, let's take $61,334 and divide it by 365 days and get us... $168.04/day

And taking that AND 24 hours and narrowing it even further, we get... $7/hour

...I would like to remind the class that I'm really bad at math.

[furiousgoldfish]

Abusers can often tell, that what gives them the power over another person is just them owning a piece of property, a house, financial and economic hold over this person. They know that the only thing that enables them to control a victim, to punish them and keep them unable to escape, is that the victim has no other house to go to, no other source of income, no other survival resources.

So they’re not going to sit still and watch as the victim attempts to gain friends, a job, resources, piece of property. They’re going to do all in their power to sabotage it, stop it, or have it work in their favour.

For example, if the victim is acquiring friends (whose houses could be later used as a refuge), the abuser will attempt to sabotage or break it, either by monopolizing the victim’s time, giving them chores and jobs and time-consuming activities they have to do, away from friends. Or by telling the victim, that they’re universally unlikable, that their friends are not real friends, that they’re secretly judging and consider the victim a burden in their life. They might also go the route of suddenly needing the victim’s all time, being jealous, sick, feeble, needy, anything to stop the victim from reaching out and forming connections with the world.

If it’s about the money, the abuser will either find a way to claim a part, or all of the victim’s new income, or they will try to get the victim to spend it, by withdrawing the money the victim would usually get for necessities. They might sabotage the job by causing new trauma which will keep the victim incapable of work, they might steal the money, break something so the victim would have to replace it, or, they will try to talk the victim into putting the money in a place where they won’t have access to it, like in a joint account, savings account, a gamble, an investment. They will make it sound like a smart thing to do; then, the victim can’t go anywhere as their money is out of reach. And once the money is within reach, the abuser will find a new joint venture for them to spend it on, so then again, the victim would end up spending the money on increasing the abuser’s property, rather than for buying their own. The abuser will convince the victim that doing otherwise, would be very stupid.

In order to escape the sabotaging abuser, the victim has to somehow organize savings, a new place to go, new social connections, new experience and income, practically overnight, or completely in secret. This is why it often feels hard or impossible, it’s not a matter of taking your stuff and physically getting out, they make sure you have nowhere to go. They make sure you’re either unaware, or too ashamed to go to a shelter, that you’re looking at homelessness if you turn your back on them, because they made sure you have no income, no access to resources or social connections. 

And I’m not saying that the escape is impossible because I did it, and others have too; it might take years, it might take risks and secrecy and fighting with the abuser over and over again for the right to privacy, for the right to keep your own money somewhere they can’t reach it, sometimes it takes enduring violence, putting your life on the risk only for the escape. I’m saying you’re not guilty for having a hard time with it. It’s not happening because you’re incapable, or lazy, or don’t know how to get anywhere in life. It’s not because you’re bad at getting friends, or a job, or income. It’s not because of you. The abuser is actively standing in your way at the every step of it. But they won’t be able to do that forever. Nobody can keep another human being where they don’t want to be, forever.