• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

OT: World Politics

zeke said:

View: https://x.com/RonFilipkowski/status/1970166489891344849
Click to expand...


iu


Now, in fairness....Argentina has been a basketcase for decades and significant change was necessary but Milei 1000% undersold the pain he was asking the Argentinian public to put up with and significantly oversold the effectiveness of his plan.

recent polling still has his party ahead, but the money is going to get more and more nervous the worse they do. Peso will crater further, bond rates will shit out even more, making his agenda even harder to achieve without everyone ending up impoverished, into a self reinforcing downward cycle until he's unceremoniously thrown the fuck out, or tries to take over the place.
 
It's. . .complicated.

South Korean president says his country can’t afford Trump’s demands​

www.yahoo.com

South Korean president says his country can’t afford Trump’s demands

South Korean President Lee Jae Myung said in an interview with Reuters that his country cannot afford to meet President Trump’s demands that it invest $350 billion into America in exchange for the removal of punishing tariffs. “Without a currency swap, if we were to withdraw $350 billion in the...
www.yahoo.com www.yahoo.com
 

Germany plans for 1,000 wounded troops per day in case of conflict with Russia​

www.yahoo.com

Germany plans for 1,000 wounded troops per day in case of conflict with Russia

BERLIN (Reuters) -Germany's armed forces are planning how to treat a potential 1,000 wounded troops per day should a large-scale conflict between NATO and Russia break out, and amid long-standing warnings by the alliance that Moscow could be capable of launching an attack from 2029. Moscow has...
www.yahoo.com www.yahoo.com
 
MindzEye said:
iu


Now, in fairness....Argentina has been a basketcase for decades and significant change was necessary but Milei 1000% undersold the pain he was asking the Argentinian public to put up with and significantly oversold the effectiveness of his plan.

recent polling still has his party ahead, but the money is going to get more and more nervous the worse they do. Peso will crater further, bond rates will shit out even more, making his agenda even harder to achieve without everyone ending up impoverished, into a self reinforcing downward cycle until he's unceremoniously thrown the fuck out, or tries to take over the place.
Click to expand...

There was some progress because things could only go up, frankly. But now it’s gonna be ugly.
 
lecoqsportif said:
There was some progress because things could only go up, frankly. But now it’s gonna be ugly.
Click to expand...

Yeah, if you're willing to put a bunch of people into poverty and reduce public services it's not hard to slow inflation and hack 40% off of government spend. The trick is how do you get the economy growing again after ripping it's guts out. There's way too much hand waiving and "magic of the free market" in the Austrian school's explanation of that imo, and also too much removal of levers to pull. Once you've gotten rid of your central bank and done all of the things to "stabilize" your currency and inflation...if that didn't work, well...what now? Cut another 40% from government spend and take out more loans to buy USD?
 
MindzEye said:
Yeah, if you're willing to put a bunch of people into poverty and reduce public services it's not hard to slow inflation and hack 40% off of government spend. The trick is how do you get the economy growing again after ripping it's guts out. There's way too much hand waiving and "magic of the free market" in the Austrian school's explanation of that imo, and also too much removal of levers to pull. Once you've gotten rid of your central bank and done all of the things to "stabilize" your currency and inflation...if that didn't work, well...what now? Cut another 40% from government spend and take out more loans to buy USD?
Click to expand...

If they let the peso float inflation will come roaring back.
 

View: https://x.com/Daractenus/status/1970163306481451345

This evening, Maia Sandu, the pro-EU president of Moldova, delivered an unprecedented address to the nation following today’s large-scale arrests of pro-Russian agents across the country:"In all solemnity, I have to inform you that the sovereignty, independence, territorial integrity and future of our country are in grave and immediate danger. The Kremlin has spent hundreds of millions in an attempt to destabilize and spread violence and fear across the Moldova. I am addressing all loyal citizens: do not permit the surrender of our country. [...]Russia is not acting alone, they have many accomplices here in Moldova, traitors to their homeland that will sell it for a profit, as they have done before. These men don't have a country, they don't believe in Europe or in Russia, they believe in nothing but money. [...]"The Kremlin believes that we are all for sale, that we are too small and few to resist, that we're not even a country. But Moldova is a country and is our home and we will defend it. [...]"
 
axlsalinger said:

View: https://x.com/Daractenus/status/1970163306481451345

This evening, Maia Sandu, the pro-EU president of Moldova, delivered an unprecedented address to the nation following today’s large-scale arrests of pro-Russian agents across the country:"In all solemnity, I have to inform you that the sovereignty, independence, territorial integrity and future of our country are in grave and immediate danger. The Kremlin has spent hundreds of millions in an attempt to destabilize and spread violence and fear across the Moldova. I am addressing all loyal citizens: do not permit the surrender of our country. [...]Russia is not acting alone, they have many accomplices here in Moldova, traitors to their homeland that will sell it for a profit, as they have done before. These men don't have a country, they don't believe in Europe or in Russia, they believe in nothing but money. [...]"The Kremlin believes that we are all for sale, that we are too small and few to resist, that we're not even a country. But Moldova is a country and is our home and we will defend it. [...]"
Click to expand...

Time to start hanging traitors. If the US had done this to Confederate traitors like Robert E Lee and Jefferson Davis at the end of the Civil War instead of erecting statues in their honor, the US might not be so fucked up today.
 
You must log in or register to reply here.
Back
Top