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Beiträge, die mit economy getaggt sind


Why do we still need #people?


  • To elect the government in a supposed democracy. Well manipulated with fear and fake news, of course.
  • As a consumer in capitalism, to buy unnecessary cheap products at a high price. Preferably virtual products that can be scaled up at will without production costs and still generate real profit.
  • To train the AI models and to generate training data for these models.
  • As modern-day slaves to serve the financial elite and provide a comfortable life for them.
  • ...

Have I forgotten anything?

#humanity #ethics #future #philosophy #politics #economy #life #question #system


#Google removes pledge to not use #AI for weapons from website


source: techcrunch.com/2025/02/04/goog…

#news #technology #terminator #skynet #military #war #economy


Dutch lawmakers push for ‘red button’ to erase #digital footprints


source: nltimes.nl/2025/04/01/dutch-la…

Although websites require users to accept or decline #cookies before browsing, the lawmakers argue that #children often accept them without fully understanding the #consequences. “Children don’t realize what they’re agreeing to,” Six Dijkstra said.


#internet #bigdata #bigbrother #kids #cybersecurity #online #surveillance #economy #footprint #politics #security #news #Netherlands


someone¹ is furiously dumping US treasuries (AKA "US debt" AKA "the most secure store of value on earth") on the open market, driving interest rates 🚀🌖 and freaking everyone on fintwit the fuck out (interest rates, which go up in response to selling pressure, don't usually move this fast, especially at this time of day).

Worth mentioning that #ScottBessent said that the goal Trump’s 5D chess move w/#tariffs was to drive the rate on the 10 yr treasuries *down* to make it easier for Americans to afford houses etc. Needles to say, up is the opposite of down.

"I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market so I can scare the shit out of everybody."

- James Carville

¹ probably China (TBD). China holds an enormous about of US debt and they now have strong incentive to dump it.

#bonds #uspol #eupol #china #PRC #tariff #bondmarket #recession #economy


From #RobertReich @rbreich@instagram.com @imcivicaction@instagram.com @rbreich

#Trump has only been in office two months and we're already heading towards a #recession — largely due to his careless use of #tariffs and #mismanagement of the #economy. This shouldn't be surprising. Trump doesn't understand the economy and tanked pretty much every #business he ever touched. Watch.

instagram.com/reel/DIJ86BOBbZv


We lost the world but we got AI!


Sure, we destroyed our #civilization because of the high #energy consumption and the excessive use of resources for #AI, but for a short time we were able to convert all the photos from our childhood into the Studio #Ghibli #style and were #happy about it.

#image #photo #art #artwork #meme #quote #wisdom #apocalypse #fail #humanity #future #technology #endtime #economy #internet #anime #problem #climate


If you wonder what the rest of the world thinks of Trump:

youtube.com/watch?v=avEtMcELaP…

#USpol #trump #tariffs #economy #republican #taxTheRich


Much has been said about what Trump’s ‘Liberation Day’ tariffs mean for the global liberal order. But what do they mean for everyday American consumers? And what could be its fiscal impact?

Today's Number Theory breaks it down.

Read on HT app: is.gd/NUmU7y

#Tariffs #Tariff #Trade #Trump #DonaldTrump #DataViz #Economy


'Nowhere's safe': How an #island of #penguins ended up on #Trump #tariff list


source: bbc.co.uk/news/articles/cly8xl…

Two tiny, remote #Antarctic outposts populated by penguins and #seals are among the obscure places targeted by the Trump #administration's new tariffs.


The penguins are understandably pissed off.
enter image description here

It's hard to say who is the craziest head of state with all the crazy politicians in the world.


#usa #fail #problem #economy #penguin #seal #intelligence #future #democracy #politics #trade #world #globalization


#Newsom asks world leaders to exempt #California exports from retaliatory tariffs


source: foxnews.com/politics/scoop-new…

#USA #export #trade #economy #politics #trump #news


This is incredible. The White House sent out the Deputy Press Secretary Kush Desai to protest that the equation for tariffs on a country was definitely *not* just calculated as just (trade_deficit / imports) but instead calculated as [insert greek letter arithmetic that looks complicated].

What #KushDesai did not realize is that the values chosen for the greek letters in the equation he cited in the paper he cited it from make the formula reduce to…

trade_deficit / imports

"It's essentially #CriticalTradeTheory. Any trade imbalance between two countries is de facto evidence of systemic unfair trade practices."

x.com/KushDesai47/status/19076…

#Tariffs #MAGA #Trump #uspol #eupol #asia #China #PRC #Math #Mathematics #economics #economy #recession #corruption


34 percent - China
20 percent - Europe
10 percent - UK

And more (zoom in, it is the orange category).

#Tariffs #Trade #Economy #Business


#Mississippi #governor signs typo tax overhaul bill into #law to phase out income #tax


source: apnews.com/us-news/taxes-tate-…

#Senators last week had conceded to eliminate the income tax, but only with economic growth “triggers” as safeguards — the tax wouldn’t phase out unless the state saw robust economic growth and controlled spending. It would have likely taken many years.

Or so they thought. The Senate bill had typos that essentially nullified the growth triggers and would eliminate the income tax nearly as quickly as the House proposed. The House passed the flawed bill on to the governor, who signed it into law Thursday.


facepalm

#politics #usa #fail #problem #omg #wtf #fnord #facepalm #news #economy


Social media is being transformed from an advertising platform and subscription trap into a toxic, inhuman democracy-destroying machine.


#socialMedia #internet #advertisement #democracy #politics #future #economy #problem #ethics #quote #wisdom #transformation


@OutOfSpace

Forgot to mention at least one important caveat.

To some analysts current data doesn't suggest an inflationary pressure as a result of the #Trump #tariffs but, given the sorry state of the #US #economy right now, rather a #MarginSqueeze with (more) #layoffs & mass #bankruptcy as a result.

That of course would not be helpful at all, meaning a jump from the frying pan into the fire.

Others even foresee a #stagflation, combining the worst of two worlds.

Anyway, change will come. 🌎

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