The European Union Decides to Rearm
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For those less smart then Trump:
US being unreliable -> EU does not buy US weapons -> US economy weakens -> Americans have less money -> Demand for eggs falls -> egg prices fall
Actually you didn't quite capture the genius of Trump.
It goes like this:US dismantles CDC
Bird flu kills all birds No more eggs No more price of eggs -
Actually you didn't quite capture the genius of Trump.
It goes like this:US dismantles CDC
Bird flu kills all birds No more eggs No more price of eggsalso no more inflation, because you just set the egg price to an arbitrary negative value like -700 USD and it will balance out all the products getting more expensive.
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Leaders of the European Union have voted to approve a plan to dramatically increase defense spending. The move is a reaction to the U.S. reducing its support for Ukraine in the war against Russia's invasion. We go to Brussels to understand the ramifications.
And we hear what the series of recent developments in the relationship between the U.S. and Ukraine could mean for peace talks with Russia.
Although I understand the need, the re-armament of Europe makes me sad. Imagine what we could have done with all this money.
Research, culture, decarbonisation, social programs, housing... but instead we have to use it on ways to kill people.Sad really.
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Although I understand the need, the re-armament of Europe makes me sad. Imagine what we could have done with all this money.
Research, culture, decarbonisation, social programs, housing... but instead we have to use it on ways to kill people.Sad really.
This money literally wouldn't exist otherwise. Or in other words: We could just create some more money for housing if we wished to. The hard limit is never money, the hard limit is willpower and material resources.
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This money literally wouldn't exist otherwise. Or in other words: We could just create some more money for housing if we wished to. The hard limit is never money, the hard limit is willpower and material resources.
But this money is willpower and material resources that could be spent elsewhere : research, culture, decarbonisation, social programs, housing...
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My fellows are so blind and deep in the cult. I genuinely think it's going to be dictatorship or civil war.
That said, Trump is so effective at being anti-war, that he's got the entirety of Europe re-arming! 10/10
Stg MAGA's had a few lines about how Hillary or Kamala would bring us closer to WW3
And you're only 3 months in! (6%)
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And you're only 3 months in! (6%)
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But this money is willpower and material resources that could be spent elsewhere : research, culture, decarbonisation, social programs, housing...
Material resources are material resources. Money is a declaration of mutual trust that is created in the central bank's computers.
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Material resources are material resources. Money is a declaration of mutual trust that is created in the central bank's computers.
I don't get what you are trying to say? You don't think this money will be used to use material resources and employ people in weapon industry?
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I don't get what you are trying to say? You don't think this money will be used to use material resources and employ people in weapon industry?
That's different from what you said before. ("Money is material resources"). Money can be used to buy material resources, but it is not equal to material resources.
Believing the latter leads to the assumption that money is somehow sparse (for governments) and governments should e.g. reduce social or infrastructure spendings to finance the military instead of taking on debt.
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But it was split in half. First time since the 40s that a United Germany is a military powerhouse
It's not yet.
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But this money is willpower and material resources that could be spent elsewhere : research, culture, decarbonisation, social programs, housing...
Though I share your frustration, you just don't get to have most of those things, if your country gets invaded.
And if YOUR country is lucky to be left alone, yet only your neighbouring countries are invaded, that is bound to affect you economically regardless.
From a purely economic perspective, I would think rearming Europe is the least costly thing to do in the long run.
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Funny enough? The day the government is set to shutdown if not funded.. is day 53 of the administration
It only took Hitler 53 days
That's not funny at all
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Though I share your frustration, you just don't get to have most of those things, if your country gets invaded.
And if YOUR country is lucky to be left alone, yet only your neighbouring countries are invaded, that is bound to affect you economically regardless.
From a purely economic perspective, I would think rearming Europe is the least costly thing to do in the long run.
Yeah yeah I 100% align with CAVOK initial comment, this seems necessary to me, but sad because the potential aggressors really seem to make the world worse for everyone but themselves. And by "themselves" I don't mean whole countries, only the sucker leaders.
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It's not yet.
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Although I understand the need, the re-armament of Europe makes me sad. Imagine what we could have done with all this money.
Research, culture, decarbonisation, social programs, housing... but instead we have to use it on ways to kill people.Sad really.
I'm very happy that Europe finally is letting go of the US, but yeah, it's sad to see all this money go to waste.
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This money literally wouldn't exist otherwise. Or in other words: We could just create some more money for housing if we wished to. The hard limit is never money, the hard limit is willpower and material resources.
the hard limit is willpower and material resources.
Which money is an accounting mechanism for. (And don't forget human labour!)
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Though I share your frustration, you just don't get to have most of those things, if your country gets invaded.
And if YOUR country is lucky to be left alone, yet only your neighbouring countries are invaded, that is bound to affect you economically regardless.
From a purely economic perspective, I would think rearming Europe is the least costly thing to do in the long run.
Yes, it's the right call, but it's sad someone's actions have mad it necessary, I guess.
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the hard limit is willpower and material resources.
Which money is an accounting mechanism for. (And don't forget human labour!)
True. But there's no 1:1 relationship, which is why inflation is a thing.
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True. But there's no 1:1 relationship, which is why inflation is a thing.
Yes, and I honestly find it easier to think "in kind" about things like international trade for that reason. Maybe that's the point you were making.
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