FuckyWucky

joined 2 years ago
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[–] FuckyWucky@hexbear.net 27 points 5 hours ago

they should've put a sniper on the other side too

[–] FuckyWucky@hexbear.net 11 points 14 hours ago* (last edited 14 hours ago) (2 children)

Exportia is exporting for Importia's funny numbers, not just any country's funny numbers. There is a hierarchy on which countries' funny numbers are most desirable, and third-world countries are in the lowest tier. If Exportia decides to accept third world numbers at a rate which the people in the third world can afford to buy, then yes their workers in the export sector will stay employed and third world gets real goods and services with the Exportia's Central Bank accumulating numbers of the third world countries.

[–] FuckyWucky@hexbear.net 46 points 1 day ago

Bangladesh is having unrest once again, right-wing extremists burn down press buildings after a reactionary "student leader" who helped overthrow Hasina Government in 2024 was assassinated.

https://apnews.com/article/bangladesh-hasina-yunus-politics-violence-e97700ed1c8adbdf06c16ad734ea4b11

https://www.thedailystar.net/news/bangladesh/news/dark-day-independent-journalism-4061941

[–] FuckyWucky@hexbear.net 38 points 1 day ago

Assuming Russia won't pay which is pretty much a given and Russia's reserves can't be used to repay, Ukraine will be on hook for billions of Euros of loans which it can't pay even at zero interest since its a foreign currency loan far exceeding its capacity.

[–] FuckyWucky@hexbear.net 19 points 1 day ago (4 children)

He do be gigachad-hd looking though.

[–] FuckyWucky@hexbear.net 26 points 1 day ago* (last edited 1 day ago) (1 children)

I love how they 'forget' that EU basically did a smaller version of 1990s Russian shock therapy to Greece.

Edit : left axis on the graph is billions, not millions

[–] FuckyWucky@hexbear.net 23 points 2 days ago* (last edited 2 days ago)

160% is ridiculous, they should taper up. unfortunately, they have a very real USD shortage and subsidized fuel does create excess demand. by cutting subsidies they are compressing imports and lowering purchasing power.

is this good? no, but they have limited choices regardless of gov. but given the neoliberal regime, workers will be screwed over, capitalists will make money and economy doesn't improve much.

loosening the exchange rate regime.

i don't think this is necessarily bad, fixed (heavily managed) exchange rate results in excess imports, capital controls can limit it but unless its really tight there will be wasteful leakages, you are basically subsidizing non-essential imports with a fixed rate regime. with the economy having a current/trade deficit, they are forced to borrow from abroad (likely in foreign currencies) to maintain the fixed rate.

 

2026 Recession year? thinking-about-it

[–] FuckyWucky@hexbear.net 58 points 3 days ago* (last edited 3 days ago) (10 children)

Yeah I don't know what Taiwan has to do with the comm. Random stupid article completely irrelevant to it, then they blame those who don't agree.

Taiwan’s story is the mirror image. Twenty-three million people built a world-class economy and a resilient democracy by pairing technological excellence with open debate and free exchange.

Literally a dictatorship not that long ago.

[–] FuckyWucky@hexbear.net 1 points 3 days ago* (last edited 3 days ago)

i do not know if you get notices for Adobe but windscribe free allows torrenting

edit: wtf this site doesnt allow direct links? what was even the point of moving away from reddit then?

[–] FuckyWucky@hexbear.net 19 points 4 days ago

At least they're acknowledging there is a problem even if there is no proper solution. That's more than what many Global South countries are doing.

One thing to note: the piece links domestic demand with supply-side reform, arguing that higher-quality, more self-reliant supply must not only meet existing demand but also actively create new demand, etc.

Says "Law" mention matt

[–] FuckyWucky@hexbear.net 41 points 5 days ago* (last edited 5 days ago) (1 children)

Blame Trump, that's what they've been doing. "Ukraine was going to build its own weapons but because of Trump they'll have to sign a deal with Russia"

168
Aint no way (hexbear.net)
submitted 2 weeks ago* (last edited 2 weeks ago) by FuckyWucky@hexbear.net to c/memes@hexbear.net
 

https://x.com/sopjap/status/1996123471265587535

He do be looking drippy though

 

Twitter picard

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