MrMakabar

joined 1 year ago
MODERATOR OF
[–] [email protected] 7 points 1 week ago

Great news! Lets hope the oil producers get caught by other countries as well.

[–] [email protected] 4 points 1 week ago (1 children)

The keyword is probably world government. Also institutions like the EU are pretty intressting. That has been copied in Africa, Eurasia and South America.

[–] [email protected] 6 points 1 week ago

It very much looks like it is 211MW lasting for 1h giving 211MWh.

[–] [email protected] 1 points 2 weeks ago

MMT would claim rather simply that the debt can be paid back by printing more money. More money in the system means more people are employed. If you have full employment, more money leads to inflation and to fight inflation governments need to raise taxes, to take money out of the system. Obviously taxes can not be raised to infinity.

So no MMT does not claim the US can just borrow money without long term costs.

[–] [email protected] 1 points 2 weeks ago (3 children)

Not necessarily. As long as the debt is invested well, it is absolutly fine. If the debt is used to increase the size of the economy, that means more taxes and hence the debt can pay itself. The other scenario is the government investing into something, which increases in value. Keep in mind that the governments rates are lower the private rates, so if a government builds a lot of housing for its citizens, that increases debt, but is still cheaper then everybody building their own housing themself. Similar effects can be had by buying companies.

Debt is a tool, it can be used for both good and bad. It really depends on how good the government is.

[–] [email protected] 17 points 2 weeks ago

He was sentenced according to GDR law, which allows ten years to life.

[–] [email protected] 14 points 2 weeks ago (9 children)

However many of the rich countries are in debt in currency they control. The US, China and the EU mostly borrow in dollar, RMB and Euro. So if they have a massive debt crisis they just print a lot of money and can pay back the debt. That comes with inflation, but that is not that bad.

The poorest countries in the world mainly borrow in USD, which they can not just print. They have to net export to get USD to pay back debt. Add to that other massive problems. Afghanistan, Yemen, Syria and Ethiopia all have ongoing civil wars, Chad is landlocked and the country it would trade through is currently in a civil war. North Korea is sanctioned to hell and back. That makes paying back any debt much harder.

[–] [email protected] 7 points 2 weeks ago

You can however Switch to some open source software without having to go full Linux. Introducing Libre Office, Firefox, Thunderbird and so forth can be done in Windows. Software Not working one Linux is often a big problem for switching.

[–] [email protected] 5 points 2 weeks ago

Russia hast formed new units. That requires weapons as well.

[–] [email protected] 3 points 2 weeks ago

Fifa be lik: "Today I feel Saudi, I feel Arab, I feel African, I feel gay, I feel disabled, I feel a migrant worker...."

[–] [email protected] 8 points 2 weeks ago

Casulties are all soldiers who can no longer fight, due to being killed, captured, injured or something else. At least in military jargon it does.

[–] [email protected] 1 points 2 weeks ago

Anybody who claims to be as far left as they come, tends to be not very fed up on USA propaganda. They also do not tend to be Russian stock puppets.

 
 

Looks like something blew up in a 420MW block.

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