I think we’re running out the possibility that all the cars caught fire at the same time too early!
I think we’re running out the possibility that all the cars caught fire at the same time too early!
Russia is trying Israel’s moves. Hospitals and journalist families next!
Dude that makes no sense at all. He wants to depreciate the dollar by putting on tariffs, an action you yourself admit depreciates all OTHER currencies, thereby increasing the value of the dollar?
Then after that he’ll “negotiate” to have the other countries to appreciate their currencies? By buying US goods and companies?? Both of those things appreciate the US dollar. China has been selling their goods to the US (something which should appreciate their currency) without appreciating their currency by buying property and companies in the US so they never have to use the US dollar to buy their own currency. This increases the value of the dollar while decreasing demands for the Chinese currency. This has been widely seen as unfair currency manipulation by China.
Things that increase demand for US dollars such as buying US goods and investing in the US APPRECIATE the value of of the US dollar. I haven’t read the article yet, but I hope your summary is incorrect, because Varoufakis is generally a very intelligent left wing thinker and I would be surprised to see this kind of gaffe in basic economics.
Edit: here is a link to the article since the one above didn’t work for me.
https://www.yanisvaroufakis.eu/2025/02/21/donald-trumps-economic-masterplan-unherd/
While tariffs would work against Trump’s plan (by deppreciating foreign currencies) they give Trump revenue he can spend with congressional approval. Then for the countries that make a deal he’ll either force them to appreciate their currencies by swapping US dollars for their own currency (to depreciate the dollar), OR make them buy very long term US bonds (stabilizing the US debt markets) and buying US weapons (diluting the cost of US military R&D). Trump hopes this lets him depreciate the dollar while keeping it as a reserve currency (having his cake and eating it too).
Turns out violence is the answer a lot of the times. Why not do a 4 year training camp at the world’s largest and best funded violence delivery machine ever created and learn a few tips.
This is YOUR post about how Zelenskyy wants peace and Trump and Russia are being a massive piece of shit. I’m AGREEING with you. Why are you being so hostile??
Removed by mod
Trump’s tariffs are universal. Meaning that even in cases where the only practical option is Canada, for example potash, they have to suffer a direct 25% price increase.
The Canadian tariffs are highly selective, we only tariff goods that have alternate non US suppliers at similar prices. In this case the tariffs would mostly reduce market competition without directly affecting price.
I think the better approach is to not enforced the digital lock aspects of the free trade agreement and have Canada be a leading repairer of farm and industrial equipment.
The reports come hours after Trump told reporters at the White House that he had not discussed suspending military aid to Ukraine
This guy is batshit insane. How someone can flip flop that hard and fast is head spinning
I’m tired of these weak sanctions. We need a full embargo. Stop contributing to the Russian war machine, stop buying Russian goods or selling our goods to Russia!
This kind of thinking is why no one has the spine to fight Trump. “If we don’t compromise our values and adopt fascist ones then we’ll lose the whole program” if a program has to bow to fascism to survive it’s better off dead. This is Trump’s doing NOT a Finish advertisement that’s getting these programs shut down. If you don’t pay the ransom it’s still the kidnapper that killed the victim not you.
Holy shit that video is based as fuck. Watching the Democrats right now is like watching someone say “the ice cream has poison in it” and then they order a sundae.
Oh yeah, we definitely form close knit family and community units with dispersed hierarchy instead of giving all the bananas and power to a small handful of apes who can then impose their will on everyone else…
This is a hilarious story and I love it.
Max Planck: I also just discovered the shortest amount of time something can last any ideas what I should name it?
Marie Planck: Planck time
Max Planck: :'(
I fucking love this story. Thanks for sharing it!
I found it and it’s great!
These programs exist but bureaucratic hurdles prevented people from actually having their loans forgiven.
Biden bypassed all that and just forgave the loans. This is also what he did for the other 5 million loans. Sure you COULD argue he did nothing, but if you ask those 5 MILLION people who were paying loans that should have been forgiven but weren’t until Biden’s executive orders I think they’ll say something different.
What the fuck are you talking about? You ever had a cop find and arrest someone who violated your rights? Must be nice to be that well off! Around here cops just beat students during protests and protect scabs during strikes.
That’s a problem we have globally. Although it might seem like Trump style populism vs Canadian neo-liberalism(with all it’s pros and cons), we’re both purple. You guys just have a bit more right wing red in the dye mix. It’s plausible that Canada elects our own Trump then we can both be stupid.
The only ideology that has a chance at stopping the populist wave is Sanders style social democracy because it addresses the same core issue of wealth disparity. But it doesn’t look like anyone is electing that anytime soon.