this post was submitted on 20 Feb 2023
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Not significantly, and it any drops in inflation are driven by the recession. US is stuck between a rock and a hard place here because the only levers are to either print more money or to increase rates. Meanwhile, Ukraine is literally costing billions each and every month. On top of that, dollar based global economy has shrunk significantly, and China is dumping dollars now. The only reason US survived the crash in 2008 was because China decided to buy up US debt. Fat chance of that happening this time around.
Meanwhile, 64% of the people are already living paycheck to paycheck. This means they're simply unable to absorb any further increases in the cost of living which continues to climb. This means we'll be seeing many people defaulting on their debt in the near future. The rest will be tightening their belts and focusing their spending on necessities. Which means the whole economy cools further and companies go out of business. We're already seeing this starting to happen.
Tech sector in particular is a very precarious position because most startups run on finance capital. With high interest rates and inflation it makes no sense for investors to keep pumping money into these startups because they have to show incredible amounts of growth just to make the investment back.
The evidence is literally in your link. Nearly 40% of the people are rejecting the war already, that's a huge increase over the year. As it becomes more and more obvious that US is losing while people see the astronomical costs the support will continue to collapse. Again, go read up on Vietnam and how that proxy war worked out. Ukraine is following the exact same pattern.
It's actually an excellent comparison. US backed the regime in the south, trained and armed it. Then it started sending weapons to it, and eventually put buts on the ground. US was forced to pull out from the war because it crash US economy and led to the dollar becoming a fiat currency.
Weird how you didn't care about war crimes Ukraine has been committing in Donbas for the past 8 years.
And yet, BBC could only find 12k dead on the Russian side. So much for the cannon fodder narrative. However, the fact that irregular militia defeated Ukrainian army that NATO's been training and arming for 8 years is hilarious.
It's not and the fact that you continue to parrot this despite being repeatedly presented evidence to the contrary shows that you lack any shred of intellectual honesty.
Of course there is, the reason is that US wants to us Ukraine as a battering ram against Russia as this RAND report very clearly explains. This isn't some secret, US officials have said this openly and repeatedly. US is not defending Ukraine, it's using the population of Ukraine as cannon fodder.
That's an imbecilic statement because China cannot invade itself. The whole relationship between US and China is based on US recognizing one China policy. This is another point that has been explained to you repeatedly and yet you continue to parrot nonsense. Evidently you just don't care about facts.
What fucking business does US have being involved in Taiwan? The fact that you think US has the right to play world police really says volumes.
Nobody who has even a modicum of understanding of this conflict thinks this could ever happen. Even Obama understood that Russia has escalatory dominance in Ukraine. And again, China cannot invade Taiwan any more than US could invade Texas.
Taiwan is part of China. This is a well documented fact, and Taiwan's legal standing is not in question. This is the position held by the UN, and it's the fundamental basis for having diplomatic relations between US and China per Potsdam Proclamation that was signed 77 years ago between China, the US & the UK. This position has never officially changed. Here is literally what's written on US state department website:
If you keep repeating a falsehood over and over it isn't magically going to become true.
US has no business messing inside China, and if US doesn't figure this out soon we're going to have a world war that can easily escalate into a nuclear holocaust. Your idiotic country is literally driving us towards extinction because idiots living in your country think that they have the right to run the world. The sooner Americans learn their place and stop fucking with the rest of the world the better off everyone will be.