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cosmosaucer [he/him]

@ cosmosaucer @hexbear.net

Posts
2
Comments
56
Joined
6 mo. ago

  • I have: Breakthrough news, CGTN, Drop Site news Freedom news (anarchist but sometimes interesting niche ultra-local news) Liberation news Mondoweiss (for more Palestine specific news), Monthly Review People's Dispatch Tricontinental Michael Roberts' blog (marxist economist/econ posts)

    on my RSS feed. a lot of these will overlap specially the news ones but the ones like Tricontinental or Monthly Review are more analysis and papers

  • as far as i heard unless someone with a sub archives it not really

  • why did Castro and the Cuban revolutionaries call themselves (a) mailman/mailmen what is this historical inside joke i couldnt find any info online

  • so is the play just holding cash until it bursts then buy the dip?

  • There's also Ironfox which is a (spiritual?) successor to Mull and it gets consistent updates

  • someone once told me the most dangerous part about flying is getting to the airport, helped me out initially with my first time flying

  • sending love from Europe Soliman stay strong and wish safety health and all the best for you and your people 🤎🤎🤎

  • i thought about this as well recently, but then again so long as the absence of vanguard parties persists im not sure we're gonna be seeing any more than the same old spontaneity and emergency protests methinks, in my area at the very least the "communist" parties resign themselves to plastering their newspaper on walls and calling China capitalist

    but it sure feels like the frequency and intensity of happenings has been accelerating recently i agree

  • Would Russian victory and military occupation of Ukraine then constitute a defeat for US Empire and imperialism?

  • US economy may be weaker than reported (unsurprisingly)

    Average growth for the first half of the year is 1.6 percent despite the 3.8 percent revision in the second quarter, at the very least according to this one Dean Baker

    The Economy Grew at a 1.6 Percent Rate in the First Half Dean Baker

    Some folks have gotten a bit carried away with the revisions that put the second quarter growth rate at 3.8 percent. That does look impressive in isolation, but it is important to remember the economy shrank at a 0.6 percent rate in the first quarter.

    That puts the average at 1.6 percent for the first half of the year. That’s not terrible but it is hardly cause for celebration. Remember, the economy grew 2.4 percent last year and the vast majority of forecasters expected growth at this rate to continue.

    And we really do need to look at the two quarters together. Just as unusual factors were responsible for the fall in GDP we saw in the first quarter, they are also responsible for the strong growth reported for the second quarter.

    To take the most notable example, the lower trade deficit added 4.83 percentage points (PP) to growth in the second quarter. A pre-tariff surge in the trade deficit subtracted 4.63 PP from growth in the first quarter. Only a devoted Trumper would focus on the second quarter number without mentioning the first quarter jump in the trade deficit.

    Moving beyond the irregular numbers, we get that non-residential fixed investment added 0.98 PP to growth in the second quarter after adding 1.24 PP in the first quarter. The first quarter growth was partly due to pre-tariff stockpiling but the second quarter growth on top of this indicates we are looking at something sort of real. This is the AI boom. If that turns into a bust, we will see this growth quickly reversed.

    Consumption accounts for the bulk of GDP and here the story is pretty blah. The second quarter’s growth rate was a healthy 2.5 percent, accounting for 1.68 PP of the quarter’s growth. But this followed a growth rate of just 0.6 percent in the first quarter, leaving an average of rate of 1.6 percent for the first half. That’s not horrible, but certainly not great.

    We also have seen evidence that the growth in consumption has been concentrated among higher income people who are spending their stock gains. That is consistent with my simple measure of looking at real spending at fast food restaurants. I consider this useful since it’s unlikely that rich people increase their consumption of fast food because their stock portfolio is worth more.

    And spending on fast food has to rank as largely a discretionary purchase. It is one thing that is relatively easy to cut back on if a family has to tighten its belts. Real spending at fast food restaurants was just 0.3 percent higher in the second quarter than the average for 2024. That doesn’t look like most people are feeling good about the economy.

    Tomorrow, we will get new data on consumption for August, along with revisions for prior months’ data. Maybe that will show a different story, but for now, it looks like we have a weak economy that is being sustained by the AI boom. That boom could go on for a while and keep the economy moving forward, but it may not.

  • what do yall read when you want contemporary analysis n effort posting

  • I like the two week break idea because I for one am still a little behind, and I (maybe a little shamefully) never heard of Greg Grandin so the book sounds interesting to me

  • is it ever a good idea to talk shit to your professors during class about the material theyre teaching or will i look like a goofy ahh communist mad about everything on a random monday morning

    how Lenin thugged out his law career is beyond me ts is giving me brain damage readin legal academia where they say nothing in 50 pages with as many fancy made up words as possible

  • i wonder if some of them will seek refuge here, make another community on maybe lemmy this time or if they just scatter to the wind

  • how do yall screen out the trotskyist parties in your area

  • i mean redbull has like 80 but hey whats another 30 mg over the limit surely it cant hurt

  • One monster is 150 mg and the daily recommended limit or w/e they call it is like 350 i think so you could have like 2 and a small redbull before you start entering unadvisable territory

    this is not health advice