Capital directly benefits from spending money in this way, and directly suffers if social spending increases.
Capital directly benefits from spending money in this way, and directly suffers if social spending increases.
Totally unrelated, move along
From the (translated) article:
“This position is dissociated from ECOWAS which, even if it continues to favor the « dialogue », ordered ’ « immediate activation of [ sa ] standby force », and it considerably weakens the West African organization”
I think this is how the word “dissociated” bubbled up to the headline, and could be perceived as a misleading translation, as it implies there was some formal rebuke of ECOWAS by the larger AU when there was not.
Still, this is real news and very positive for those who oppose intervention.
I don’t see how an argument against US tech startups and an argument against tech debt in 50 year old bank computer systems are both supposed to apply to the same institution. This really feels more like an investigation of every rhetorical argument that could be made against a hypothetical brics bank rather than a real one. Supported by the fact that they seem to think the difficulty in coding a bank system is making sure the ledger doesn’t “misread” entries - this is a difficult problem for humans but not computers, and it doesn’t get harder whether you have 1000 statements or 1 million.
And the United States called it a war crime when Russia started doing so. Pure hypocrisy.
I mean, 10 years ago China would not have been an option, just more IMF loans. Seems to fit the label of dedollarization perfectly.
Does this mean the chip war is over and China can domestically produce sub-7nm chips if fully decoupled from the west?
Interesting idea but the data seems pretty low quality. The only way you’d include Dearborn but not Chicago is if you were on twitter the whole week.