Global Economy Set For Its Worst Half Decade of Growth in 30 Years, World Bank Says (cnbc.com) 154
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. From a report: Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the organization said in its latest "Global Economic Prospects" report released Tuesday. Growth is then expected to rise marginally to 2.7% in 2025, though acceleration over the five-year period will remain almost three-quarters of a percentage point below the average rate of the 2010s.
And despite the global economy proving resilient in the face of recessionary risks in 2023, increased geopolitical tensions will present fresh near-term challenges, the organization said, leaving most economies set to grow more slowly in 2024 and 2025 than they did in the previous decade. "You have a war in Eastern Europe, the Russian invasion of Ukraine. You have a serious conflict in the Middle East. Escalation of these conflicts could have significant implications for energy prices that could have impacts on inflation as well as on economic growth," Ayhan Kose, the World Bank's deputy chief economist and director of the Prospects Group, told CNBC's Silvia Amaro. The bank warned that without a "major course correction," the 2020s will go down as "a decade of wasted opportunity."
And despite the global economy proving resilient in the face of recessionary risks in 2023, increased geopolitical tensions will present fresh near-term challenges, the organization said, leaving most economies set to grow more slowly in 2024 and 2025 than they did in the previous decade. "You have a war in Eastern Europe, the Russian invasion of Ukraine. You have a serious conflict in the Middle East. Escalation of these conflicts could have significant implications for energy prices that could have impacts on inflation as well as on economic growth," Ayhan Kose, the World Bank's deputy chief economist and director of the Prospects Group, told CNBC's Silvia Amaro. The bank warned that without a "major course correction," the 2020s will go down as "a decade of wasted opportunity."
AI Will Fix It. (Score:4, Funny)
Just sit back and watch a movie on your phone while you wait.
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Remember, don't change anything about your lifestyle, otherwise the terrists win.
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There's always a way to make money no matter what's happening in the world and the markets.
You just gotta find what it is...
WAR Will Fix It. (Score:2)
As stated in Capital in the Twenty-First Century [wikipedia.org] by Thomas Piketty, you get fabulous growth if you first destruct your economy. That is why there was so much financial growth after the second world war.
But to strive for "economic" (really financial) growth per se is off course nonsense. You get real economic growth if your population grows: you get more companies, more employees and more bosses automatically. But population growth is slowing down around the world.
we need more work from home if fuel prices get to (Score:3, Insightful)
we need more work from home if fuel prices get to high and if the PHB really wants in the office give us an gas card.
Re: we need more work from home if fuel prices get (Score:3)
PHB has a Tesla and doesn't care that you spend $100 a week on gas.
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PHB has a Tesla and doesn't care that you spend $100 a week on gas.
If you're spending $5,200 annually on gas then you're going to spend $52,000 over ten, so you might as well just buy an EV. I bought a 2015 Nissan LEAF back in August 2014 which costs me about $1.75 / 100km to drive - when charging at the reduced "overnight" rate. With 138,000km I'm about $2,415 +/- in electricity costs for a car which cost me just over $30k CDN after taxes and rebates; though I'm actually less than that because my employer offers free charging, making half my daily trip essentially "free
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My commute would take a Leaf to 50% charge just commuting back and forth to work (119km round trip). Getting it back to 100% overnight would be tight, takes about 6-7 hours on an upgraded 240V installation. Such a small EV is not ideal for me, but may be perfect for someone in a more urban environment.
For my gas cars the one with poor gas mileage costs me $75/week to commute. The hybrid costs $30/week. (paying $4.80/gal). Electricity is about $0.30/kWh (it's complicated by different rates at different usage
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That's a very old Leaf. I don't know about where you are, but in the UK you can get a used one that easily covers that distance every day for around 10k Euro now. Even new ones are I think less than the GP paid for theirs, if I did the conversion right.
There are also new MG, Renault and VW cars in that range, and used Kia and Hyundais. The latter will do 300 miles on a charge, minimum 250 in reality bad weather at high speed.
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PHBs should just die or finally take the "want fries with that" jobs they're qualified for.
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we need more work from home if fuel prices get to high and if the PHB really wants in the office give us an gas card.
Translation: PHB needs people to apply for jobs that require a gas card to justify their job description.
Perhaps now is the time for the PHB to face the reality of their overall worth, which has been known for a long damn time now.
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...give us an gas card.
I'd rather they just pay better. I don't want to end up in another situation like US healthcare where access to a basic need—health, movement, etc.—is tied to employment.
workers need to stand up more and go union! (Score:3)
workers need to stand up more and go union!
Now if an workers took an job At X rate for work from host just to be told later they need to work in office then they should be able to ask for that gas card or more pay to cover the cost of going to the office.
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*Klaus Schwab grinning* (Score:1)
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It's not some evil genius coming with an evil plan because EVIL.
It's more of people hyping "what if everything was uber!" without thinking on the consequences or implementation of it.
Sometimes you can get railroaded into an idea that self reinforces in your mind at a point you need someone from a different angle to point out to you the massive flaws of the idea you can't see.
Marginal (Score:5, Insightful)
"dipping to 2.4% from 2.6% in 2023"
"expected to rise marginally to 2.7% in 2025"
"three-quarters of a percentage point below the average rate of the 2010s"
This doesn't seem particularly calamitous to me.
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>>"three-quarters of a percentage point below the average rate of the 2010s"
>>This doesn't seem particularly calamitous to me.
Yes, especially since the 2010s were a decade when we were trying to kick-start the economy after the 2008 financial crisis with things like quantitative easing and ridiculously low interest rates. It's time to go back to a more stable growth rate.
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>ridiculously low interest rates.
Now there's an actual conspiracy. Aiming for zero inflation and zero interest means it's practical to build a vault and hoard your money rather than invest it. That works out really well for rich people, not so much for poor people. The middle class gets the idea they can be rich and blow lots of money on 'investments' that are mostly the rich milking them of their savings.
Re:Marginal (Score:4, Insightful)
Aiming for zero inflation and zero interest means it's practical to build a vault and hoard your money rather than invest it.
Low interest rates punish those who save money. Savings are the healthy way to power investment and growth. So, if you have have low interest rates, you're encouraging ponzi-style policies that only work when the economy is growing due to cheap loans, setting yourself up a catastrophe later on. Low borrowing costs which decrease the cost of using leverage are the heroin keeping these rich wall-street junkies high and powering new deals based on huge debts. Notice what happens to equities whenever rates are falling? Balloon Bull markets [investopedia.com] happen and what goes up must come down, even in spite of government efforts to keep the party going as long as possible.
What you don't seem to understand is that inflation hurts the rich a helluva lot less than regular people who spend significant amounts on food, shelter, and fuel (which the government either "adjusts" or ignores [investopedia.com] in their statistics). Rich people spend tiny-fractions of their wealth on those things and earn income from capital gains which are taxed at less than half what most people pay in income taxes. Stocks tend to track or beat inflation, so they are just fine when inflation rises, because so does their net worth stored mostly in stocks and real estate. The people who get screwed are the middle class and poor folks.
Please cure your misconception that rich people want to horde their wealth in a safe filled with gold. That is pure fantasy. They own stock [businessinsider.com] with a side of real estate and they aren't worried about inflation at all since both assets resist inflation easily. It's the little guy who the government wants to come smash and rob of any cash or assets he might hold. That's precisely what FDR did when he confiscated gold and silver [wikipedia.org] from all private owners in the 1930's. He wasn't going after stock brokers, he was going after farmers who lost faith in the banking system and didn't want to loan their savings to crooks who had just lost it and caused over 2600 bank failures [history.com] across the country.
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The problem is that housing is so expensive, and such a basic necessity, that cheap loans were the only thing allowing people to get on the ladder.
Not being able to own a home is going to be a big problem when those generations retire. Or rather, we will have 75 year olds dying at the checkout because it's the only way to afford the rent.
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cheap loans were the only thing allowing people to get on the ladder.
That's true. Lower interest rates drive down the overall cost of buying and thus the all-important monthly payment. I'll further add to the this line of reasoning by pointing out that builders can more easily finance large home building projects when rates are low. Real estate holders/owners are also more interested in selling when rates are low because they can soak up some of the discount on the loan by inflating the value of the asset in the first place. This means they can sell more volume and at higher
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I've come to the conclusion that the only way to build decent quality, affordable homes, in nice areas with local facilities, is to have local government do it. Private house builders can complete if they like, but councils need to be building at least 500k homes a year in the UK.
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is to have local government do it.
Well, that's a Communist idea tried extensively by the Soviets. The Soviets espoused [rbth.com] that building housing for it's citizens was going to be one of the great accomplishments of Leninism and the Soviet ideals.
What really happened were huge housing shortages that went on for decades. Changes in the post-war Soviet economy resulted in rapid urbanization which they were unprepared for. Central planning slowed their ability to build the right type of housing the places were it was needed most. The Soviet focus
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I was thinking of the socialist model used to great effect in the UK.
After WW2, there was a housing shortage and a need to rebuild. Churchill lost the election to our greatest ever Prime Minister, Clement Attlee. A socialist, he not only gave us the National Health Service and pensions, but also built a lot of houses and associated infrastructure.
It continued to work pretty well, until the 80s when Thatcher put a stop to it and forced the sale of the public housing stock. Prices rocketed, quality went into
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You're trusting the government's numbers - that's part of the problem.
The reality, much like unemployment and poverty numbers, are always far worse.
Expect an era of global austerity - particularly considering everyone is up to their eyes in debt, and there's an unlikely horizon for higher interest rates.
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Well then you need an article and data to try to describe that far worse situation.
Here a claim is being put forth based on official numbers. A rebuttal was put forth that "well those numbers don't seem that scary". It is silly then to say "oh well the official numbers should be ignored anyway", that undermines the initial work since it was based on the official numbers.
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Not me, haven't been for ages.
OH wait, I do have a small monthly house payment, but don't owe that much on the house and have enough cash in savings that if I had to, I could immediately pay off.
But bank loan is low interest rate and my savings accounts are paying more than that so I'm leaving my money in savings.
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"dipping to 2.4% from 2.6% in 2023" "expected to rise marginally to 2.7% in 2025" "three-quarters of a percentage point below the average rate of the 2010s"
This doesn't seem particularly calamitous to me.
Especially when you consider the margin of statistical error fine print to be 1% or more...not that anyone is paying attention to any layer below clickbait marketing...
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This doesn't seem particularly calamitous to me.
No one said it was. You just freaked out at a headline. Don't do that.
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I didn't 'freak out,' jerkboy. I didn't mention the headline, and don't tell me what to do.
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but... but... infinite exponential growth is mandatory!
Consume MOAR!
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Of course it doesn't seem so bad. Very small changes in some very small numbers; however, what you fail to realize is that slight percentage shift means 30 million people will likely starve to death. Not so bad as long as it isn't you.
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Show evidence that "30 million people will likely starve to death" as a result of growth in the next 5 years at "three-quarters of a percentage point below the average rate of the 2010s".
This is by design (Score:1, Troll)
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Who are these outside organizations doing the funding? What do they gain once their goals are achieved?
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Unlikely. He'll be more like the "guided democracy" leaders that we currently have in Russia, Turkey and Hungary. Some cleptocrat that will make sure that he and his cronies get as much as possible, distribute just enough to pay for votes to stay in power to those that have fuck all, so they keep voting for him because they know if he's gone they're down to having fuck all again, and the rest gets to pay for that.
Until of course the same happens that is currently going on in Turkey and Hungary, i.e. everyon
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Putin just went a step further, but that's not exactly possible to do if you're either in the EU or want to join it. They generally don't like the idea of simply killing your political opposition there.
Thanks (Score:2)
Obama! I'm certainly not voting for Hunter Biden in this next election.
growth is good? (Score:5, Insightful)
We still think that cancer is an appropriate economic model.
It counts the destruction of the redwood and the loss of our natural wonder in chaotic sprawl. It counts napalm and counts nuclear warheads and armored cars for the police to fight the riots in our cities. It counts Whitman's rifle and Speck's knife, and the television programs which glorify violence in order to sell toys to our children. Yet the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile. And it can tell us everything about America except why we are proud that we are Americans.
RFK, Mar 1968
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Hear, hear.
As leaders go, and as people who wanted better for our country, John and Robert Kennedy were incredible. Given how bluntly they were in support of healthcare expansion, civil rights and against open war, it is difficult to see their assassinations as anything except a conspiracy by entrenched, domestic forces afraid of rapid societal change for the working and lower class.
If no one has watched JFK speak other than a few quotes, this is an amazing video of an inspirational and intelligent leader.
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And hey...I believe they BOTH got to fuck Marylin Monroe (while they were married)...so, props to the brothers.
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As nice as that counter number sounds, lack of growth is indeed bad as it disenfranchises citizens and makes us poorer. That is unless you get population growth to zero (which it is not).
Any other model (Score:2)
And you have to be careful even when trying to switch over to a different model because in the cases of China and Russia we saw what happens when the revolution fails and turns into just another kind of oligarchy.
I suspect when the baby boomers are too old to vote anymore you'
Good! (Score:5, Insightful)
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I'd suggest challenging your assumption that fewer children is good for the planet.
What do you think happens with an age-heavy population, exactly? It leads to crumbling infrastructure, decreases in services, an inability to service debt, and economic decline. You're seeing this worldwide, right now. Increasing poverty will be rampant.
Sounds like a perfect way to fuck up the environment, as impoverished countries are the most destructive.
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I'd suggest challenging your assumption that fewer children is good for the planet.
I'd suggest you find better treatment for dementia or brush up on your second-grade arithmetic. Look around. Do you see humans improving things or consuming mad resources and making them worse? Now, try to follow me here, imagine fewer people. That means less pollution, less CO2, more resources divided among fewer individuals, more housing, more available food, higher value on human lives, etc..
BTW, you just got pwned by an AC. I'd think twice before debating an informed human being because I haven't even
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It's funny, the UN seems to disagree with you.
https://press.un.org/en/2019/soc4875.doc.htm
Poor people give no shit about the environment. Improving the quality of living in poor countries, decreasing poverty, decreases ecological destruction. This is well known and understood. *shrug*
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Continual growth is not sustainable
Yes and no. No economic growth means you're saying that a country can't develop technology to make processes more efficient and that a larger population only achieves the same as a smaller one. Both of course are absurd. Economic growth at least in line with population growth is important to *maintain* the basic life we have, and that's without getting into any funding of future debt (which I agree is stupid).
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Economic growth at least in line with population growth is important to *maintain* the basic life we have
The problem here is that the government cannot be sure that future generations will be larger. We already see places like Japan where birth rates are nowhere near replacement (2.1 kids/woman) levels. Sure, there are lots of folks hand-wringing about the bleak future of their social-net ponzi schemes, as well there should be. Those are schemes that cease to work with a shrinking economy or a shrinking population. Since both are possible, it's foolish to design and operate such a system without the expectatio
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Here's the top 5 most prosperous countries [ourworldindata.org] that have undergone degrowth in the last half century: Djibouti, Afghanistan, Zimbabwe, Haiti, Sierra Leone. The most prosperous countries which have managed less than 2X growth are Ghana and Syria. Which country is the proven model of "success without economic growth" which countries of the world should emulate?
Continual growth is not sustainable and we instead need to look at ways of achieving a stable low debt economy.
If it's true that 'continual growth is not sustainable' then that was equally true ten thousand years ago. Should human progress have stopped there? If no
that's what you get... (Score:2)
Endless growth is impossible (Score:4, Insightful)
Otherwise intelligent economists and business leaders refuse to see this obvious fact. It amazes me that modern economic theory depends on endless growth, which is impossible.
We need steady-state sustainability
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Nonsense, population is still growing and people are still being lifted out of poverty into middle class.
Peak of population curve is some decades away.
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Nonsense, population is still growing and people are still being lifted out of poverty into middle class.
You are counting Natives being converted into renters as people being lifted out of poverty. Fuck that noise. The people who are already part of the system are being systematically pushed down into a system of slavery without a direct owner.
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Working all of your waking hours and giving all of your money to others is NOT being lifted out of poverty. I don't care if you get some electricity, some food, some clothing, or some plastic filled water (but the sewage handling *IS* a part of being lifted out of poverty), it is insufficient.
I would rather live in the wild and die from an infection than to live with all of my earthly concerns revolving around paying other people for the privilege of living.
please don't post stats about the USA, that is chump change amount of population
Fuck you. This isn't a fucking numbers game asshol
How does it compare to the growth of government? (Score:2)
That's a much better question. This is a parasitic aspect of the economy. It's one that you have no real choice to spend your money on yet it always increases and always demands more funding. Couple that with the rampant growth of the subscription business model and the outlook is pretty bleak.
Do World Bank predications have a track record? (Score:2)
Nowhere in the article is there any mention of how well past World Bank predictions have done.
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When it comes to finance, the more trusted an economic institute is, the more accurate their projection. Even if they had inadquate or poor "data", economic projections are generally self-fulfilling.
Business leaders encounter a projection telling them "the economy is going to go down". So they freeze hiring and layoff 10%. Investors read the projection and pull funding from companies to stuff under the proverbial mattress to weather the forecasted market decline. Consumers thinking about their spending
But ... (Score:2)
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By "global economy" they mean the West. The BRICS nations are doing gangbusters.
If you're going to talk about things, you should do a quick search to make sure you're ignorant. See for example the economy of Brazil. [datacommons.org]
all the world's easily accessible resources and food, etc.
Are you saying Europe and the US don't grow food?
Re:"Global" Economy? (Score:4, Informative)
Brazil, Russia, and China are dictatorships, and India is within pissing distance of becoming one. You expect to get accurate figures out of them?
Re:"Global" Economy? (Score:5, Funny)
Great, another dictator we don't need.
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Seems he is just a figure head, too woke for his followers so irrelevant with his followers soon to vote on a new Grand Vizier to rule.
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You may be joking, but Jesus is actually way, way too "woke" for some of the religious nutjobs at this point...
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Sadly, I'm not joking.
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We stop a dictator from seizing power and you start groveling at his feet believing every lie he tells you.
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Inside the Whitehouse? Would they even all fit inside? What's the limit for when the number of troops indicate a dictator?
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No civil liberties in Russia or China. What country in the West has fewer civil liberties than they do? Who in the West gets sent to reeducation camps for minor infractions, who gets imprisoned merely for criticizing the government?
Your view of history here seems, well... bizarre. The rioters on Jan 6th broke the law, clear as day. No amount of hand waving from about secret FBI agitators will rewrite that. The truckers in Canada were breaking the law, and there was no "un-personing" whatever that means
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Calling a country a "dictatorship" is pretty meaningless in general, but particularly in 2024 when you've got more civil liberties in those countries in many ways than exist in parts of the West, today.
Except you don't. You may not realise it when you fill your brain with shit on Fox News, but you actually have the choice of filling it with something else. Try doing that in the countries you list. You have to be particularly clueless to think you have more liberties in any of those countries. Especially the one where you can get arrested for your LED display showing words of support for Ukraine, or the one where if you do or say the wrong thing you can get disappeared. Which one am I talking about in the
Re: "Global" Economy? (Score:2)
Dictatorships have dictators.
The US does not, yet. Though, fuck this election up and it will.
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I suppose the possibility of a shadow government hasn't occurred to you at all, then?
You don't really think that the Republicans and Democrats both thought that Trump and Biden were the best options for their party, do you? You don't think Nikki Haley is the organic, natural leader of a party which has become increasingly anti-war, do you?
No, there are other people making the decisions behind the scenes.
Re: "Global" Economy? (Score:2)
If it is a dictatorship, you can't know the quality of life. No one is free to tell about the quality of their life to you, and there is no media you can rely upon to do so either.
So any statement about the quality of life can be made only after the dictatorship is removed. And this is why dictatorships are inherently worse than other conditions of a country.
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Yeah, no... that isn't a requirement of dictatorship.
People in Soviet Russia were well aware of how fucked things were. The absence of media talking about it, or the media talking about how good it is (when it isn't) is a telltale indicator.
I don't honestly see how this is that divergent from the gaslighting we get consistently from the establishment media in the US telling us that the shit doesn't stink.
Re: "Global" Economy? (Score:2)
It is easy to say it is not a requirement of a dictatorship. Think from the perspective of the person who is about to say something against the dictator.
By definition of a dictatorship, the dictator can do anything to retaliate. How many people do you expect to go through unlimited pain and likely death for telling the truth?
After a few thousand people protested against the Ukraine war in Russia, it's all calm there in spite of the economic and social hardships.
Re:"Global" Economy? (Score:5, Insightful)
The fuck are you talking about?
The BRICS countries are broke as a trailer park resident. Russia is done for, locked in a war it doesn't win and forced to sell its resources at firesale prices so it can at least somehow keep the semblance of a budget afloat. Brazil can barely keep itself together. India is struggling like mad and China ... ok, China is maybe the one that is doing the best... as long as it can sell its crap to the West. Else, they're gone, too.
Serious question: Do you really believe that or do you just hope that anyone here is dumb enough to? This ain't Reddit or Xitter, you know?
Re:"Global" Economy? (Score:5, Insightful)
Russia is done for, locked in a war it doesn't win and forced to sell its resources at firesale prices so it can at least somehow keep the semblance of a budget afloat.
Russia can't even provide heat [newsweek.com] to its citizens [metro.co.uk] because it's sent so many men to die in Ukraine [telegraph.co.uk].
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I like a good news story as much as the next person, but listing 3 infamously bullshit "sources" for this news makes me depressed and how your story is nothing more then sensationalised propaganda.
A district heating line burst, this happens. I mean only 2 months ago a gas line burst in Moscow. That is the Moscow in Idaho USA, not Russia and it resulted in school closures and loss of heating to many thousands of people.
Take everything you read on those three sites with an industrial winter road maintenance l
Re:"Global" Economy? (Score:5, Insightful)
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This war from Ukraine's perspective has always been about prolonging the war until the Russian people have had enough.
True and this now seems like a strategy that's failed and was based on some pretty shaky premises. Russia had (and still has) more resources and more resolve. Ukraine appears to be unable to fight on it's own without massive military aid which appears to have ended or will be ending soon. It's not clear that this aid is doing anything more than prolonging a war that's a forgone conclusion and costing more lives on both sides so that Ratheon and others in the MIC can get a few billion more in military "aid"
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Even with Germany and America slow walking the aide to bleed Russia out. Russians still think they have a chance of winning.
No tanks, no jets, no long range missiles. And still Russia can't do anything but kill the odd civilians with North Korean aide. How broke does your country need to be to get North Korean aide?
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Do you even read your own articles?
From CNN: Russia is no longer losing the war, or the terrain it seized, and so Ukraine is definitely not winning it.
The Guardian makes several points and all of them boil down to Russia is doing poorly. They were once contenders for a world super power and two years later they managed to claim the edge of Ukraine and lose half a million troops in the process.
You're drinking the fucking Kool Aid. Do you think Ukraine should surrender? Do you think Russia will turn around
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No idea where you get your "facts" from.
Russia is gaining territory. [bbc.com] Look at that map, read about the losses. Burying your head in the sand and just repeating denials just makes you look more clueless.
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Are you reading some science fiction story?
Nope, unlike you who seems to be only reading Buzzfeed and Huffington Post, I'm reading the actual maps of the conflict. You know, the ones I've already linked to and you're ignoring? What are you trying to argue, that it's 10% or 20% and not 30%? They are losing and running out of ammo and soliders to boot.
Are you reading some science fiction story?
Russia Regains Upper Hand in Ukraineâ(TM)s East as Kyivâ(TM)s Troops Struggle [nytimes.com]From your Far-left NYT story: "Ukrainians are weary, short of ammunition and outnumbered, and their prospects look
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I want us out of Israel, Syria, Iraq, and Africa. Let them deal with their own problems. I'd close most of our 800 foreign bases. I'd have ended our occupation of Afghanistan etc... FUCK war. That's what I'm "about".
After the Ukrainians lose more territory and men they will finally stop fighting and lose for good. I'll remind you what a willful fool you've been at that point, count on it. Fear not, it won't even take that long even if though you've completely mis
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Actually, I get my info from Russia. If you don't mind, I won't disclose my source because I'd like him to stay alive, but I'm not any more pro-war than most of Russia at this point.
Most of Russia, at least the parts that still have access to sources outside of Russian ones, are pretty war-weary at this point and question what the fuck this shit is about. Ukraine? Why the fuck should they give 2 fucks about Ukraine if they don't have crap to heat their own homes at this point?
Fuck Ukraine. Fuck the war. Giv
Re: "Global" Economy? (Score:2)
I always know I'm reading a Russian fellator when they write "The Ukraine" which is not only not its name, it's the Soviet name for it.
You need to work on your troll game, Ivan. It's weak AF.
Re: "Global" Economy? (Score:2)
I'm thinking like a conformist because I don't suck Putin's cock by using the name Russia wants people to use for a country that had paved streets and multi story buildings while they were still wallowing in the mud? Suck harder, comrade.
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I'm thinking like a conformist because
... Because you are one. Full stop.
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"The Ukraine" is what the USSR called the region where the country of Ukraine is now located. It has negative historical connotations for Ukrainians as a term used to deny Ukraine as a nation and country.
Germany used to be called East Francia at some point, and the US used to be New England..
Re: "Global" Economy? (Score:2)
The US is one of the worlds largest food exporters and without us there would be starvation in multiple nations. Including China. What makes you think the non-Western nations have all the food?
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It's not about the mere fact, it's about the net.
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It's true, all the leaders of the world - including the ones in adversarial relationships with other ones - all conspired to spread COVID and restrict their economies not to keep more of us alive by slowing down the pandemic so healthcare had a hope of keeping up and vaccines could be developed, but as part of a power grab.
You need to go visit a qualified psychiatrist and get some drugs, because your brain is NOT working properly.
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If I had to weigh: "shutdowns were some conspiracy to enrich the politcians, even if I can't come up with *how* everything shut down was supposed to enrich anyone" versus "shutdowns because a disease was spreading that killed millions even with measures to limit interaction" as who is delusional, I'm going to go with the irrational conspiracy theory being delusional.
I see no correlation to a particular "side" in the political spectrum, global results were pretty consistent from highly liberal to depressingl
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b) Fire every last prime minister, president, governor, mayor and town council member / member of parliament who chose to shut down the world economy for their own profit and power-enhancement?
How does shutting down the economy enhance anyone's power or profit? Get over yourself already.
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