New York is NWA
FuckyWucky
US did pay the price once, very small for what it did, 9/11.
And Bush killed millions afterwards. Now the Democrats want to work with them.
You all had your garb... rubbish vs rubbish moment already and rubbish won.
Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities in a move that threatens to further dent investor confidence in the world’s second-largest economy.
If rich people can't pay taxes, they shouldn't be investing.
“China’s fiscal deficits have reached a tipping point,” said Gary Ng, a senior economist at Natixis. “There is more urgency to find alternative revenue sources . . . and taxing the wealthy and some companies creates a less direct economic impact on most residents.”
Economists should be sent to Mars tbh
i know i'm being a but i despise the term 'taxpayer funds'/'taxpayer money'. besides being completely wrong in nearly all cases, it places taxes above the people, above labor.
'American taxpayer is paying for the genocide in Gaza'. No, every person/entity using U.S. Dollars is paying for it. Even foreign countries are indirectly paying for it.
if you want the mainstream perspective look up 'quantity theory of money'. from that it follows, less spending means less money and less inflation. so, spending rules reduce inflation by constraining the Government (but not commercial bank lending).
it can be true (sometimes), if you leave the economy with massive unemployment due to insufficient spending so that people don't have money, it slows down and eventually shrinks but hey atleast there is ze price stabilité.
if you want non-mainstream macroecon books, these two ones I have read and can recommend. 1 2
The profits being made on those assets aren’t being kept for Russia to use in the future. They’re now being used to fund Ukraine
Rachel, Where do "profits" on these assets come from? These aren't corporate bonds but Government bonds. The Governments (US, UK and others) are paying the defence contractors using public money.
If there were no Russian foreign reserves being stolen, would the west not have sent weapons to Ukraine? Of course not! The weapons manufacturers have to make profits, it would come out of a different Government account.
They are making excuses to make it look like the public isn't paying for it.
Nearly drowned once falling into a lake and not knowing how to swim. I didn't think about death, it was more "how do I get out". Luckily someone else got my hand.
Damn. All the times I listened to Wakko. :/