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kokolowlander

@ kokolowlander @lemm.ee

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Joined
11 mo. ago

  • The Largest Upward Transfer of Wealth in American History

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  • The swing voters in the US is dumb as a brick.

    They care a lot more about "culture war" issues.

  • UN body finds Russia responsible for downed MH17 flight

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  • Then don't. They are free to leave.

  • House Republicans unveil Medicaid cuts in Trump's big bill

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  • American voters are hilarious. Voted out the party trying to bolster Medicare and Medicaid. Then complain the party out of power for not stopping the cut.

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  • Only the rich will have money to buy hundreds of billions of federal land.

  • Harvard talks free speech but silences Palestine

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  • Majority of people do not care, but certain very vocal and very rich people do care. AIPAC, wacky evangelical leaders who believe in end times, national security types who see Israel as paramount to US security in MidEast, etc. They get to influence policy because majority will not push back on their policy because Gaza is an afterthought.

  • Harvard talks free speech but silences Palestine

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  • Because vast majority of voters do not care what happens in Gaza.

    This has more visibility than Sudan, Myanmar, Congo, etc. But its a problem in a far away land.

    So few people (in th US) can wag the dog.

  • Temu, Shein & Co: Zurich Airport in Switzerland struggling with massive flood of parcels from China that is delaying the delivery of medicines

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  • Are they exploiting de minimis shipping in Switzerland as well?

  • Mark my words: they will put Kamala 2.0. or Gavin in the race for president instead of AOC or any other progressive.

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  • Because they win elections in purple districts. Try running AOC in North Carolina.

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  • EU should look out for ourselves. No need to choose anyone. Work on mutually beneficial relationship, that benefits Europe.

  • Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading

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  • Yup. US dollar is not the reserve currency because it's attractive. It is the reserve currency because there simply is no alternative. There simply is no asset that can hold hundreds of trillions of dollar.

  • Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading

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  • Let me tell you another irony.

    Scott Bessent, Trump's Treasury Secretary, worked for George Soros, and was one of the key architect for the attack on British Sterling. Go read the wikipedia on Bessent if you don't believe me.

  • Norway’s government announces proposed tourist tax of 3%

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  • Not sure how relevant this is to buy European.

    But with that said, every gov't should. 3% is not going to deter tourism, and gov't need that money for public service like law enforcement.

  • Thank you, Mr. Trump

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  • Trump and his supporters do not care even if it hurts them. It is all about hurting people they do not like.

  • ain't your buddy, pal!

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  • This sounds a lot like Miami.

  • TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

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  • Germany got fascism out of the economic collapse.

  • TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

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  • Tariff is a consumption tax. The poorest spends most of their income on consumption like groceries, clothing, car parts, etc. The price of all of that is going up.

    Next stockmarket wipeout reduces wealth of middle class the most, who in turn reduces spending on services that employee working class people.

    Poorest always gets hit the hardest in any negative economic event because they are poor.

  • EU considers tariffs on digital services Big Tech

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  • Aren't drop shippers finished with the recent tariffs, especially closing the loophole of de minimis?

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  • It's the Chinese platform Temu and Aliexpress that abuses de minimis exemption shipping garbage quality items at low price.

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  • What realistially can EU and Germany do?

    EU is already withholding funding, although they have to pay Hungary every time they have to pass something in EU.

    Do they even have the vote to suspend voting rights when they have Slovak PM going crazy as well?