• 1 Post
  • 166 Comments
Joined 1 year ago
cake
Cake day: December 3rd, 2023

help-circle
  • No, he can’t really go far with his political power he’ll just get entangled into more litigation… He needs to persuade countries to sell US bonds to bring down the value of the dollar in a significant enough way for project 25 to execute. He’s chosen the hard way so why would we satisfy him by doing exactly what he expects of us? Selling bonds isn’t cashing in on them, it’s just transfering the risk to someone else, a bonds market crash would dévalue the value of the dollar at the loss of the EU, china, japan, the UK etc… Let the dollar go on a softer landing (as it’s poised to do anyway, whatever happens on the bond market) let the country get back on tracks then resume activity on the bond market once the dollar has gained back some health. Accept some losses but have the overall financial losses much lighter for EU states and financial institutions on the long term. No need for the EU suffer for stuff done by america to itself.


  • Why fight with european consumer prices and get people to moan against the EU or their gouvernement about price hikes? Fight with states actively pushing alternative IT services and defense industry from the EU, through advertising, through hybrid commercial war, spread rumors amongst conspiracy nuts, offer tax cuts for venture capital into EU firms. Get closer to friendlies and just turn your back to the US. Don’t engage, don’t fight. Simply ignore all carrots and sticks until the US gets out of that tantrum. Don’t dump US bonds though, make it illegal if need be, dumping bonds is just helping Trump bring down the value of the dollar, that’s a price to pay to put out that bully but it’s a temporary cost that can be recooped when you dump them strategicaly when the US economy will have to get itself out of the economic hole they are digging.





  • I think he means that Germany is a very recent country and nation (way more than the US) and was built by one of the nations it now encompasses (Prussia) invading the others under Bismarck. Before that, like Italy, what we call Germany was a mixed bag of principalities, kingdoms and free cities. The problem ,once unified, is that they kept advancing with that mindset, even when the area was no longer German compatible but German similar (Alsace, Lorraine, eastern Belgium, western Poland, Austria…) and got kicked back regularly.

    A army’s value is its deterrence. Not its capacity to invade the country’s neighbours (or else, the US would have a much smaller one and spend less of its debt money into it, its neighbours being Canada and Mexico). Deterrence is what keeps the peace to pursue diplomatic and commercial actions with other countries, invasive action brings such a load of costs that even the most powerful armies have to abandon those conquests sooner or later.










  • Surtout que ça va être un vote à propos des gouvernants plutôt qu’au sujet du budget proprement dit.

    Le plus con dans cette histoire c’est que de mémoire, Bayrou, depuis plus de 20 ans faisait une fixette sur le déficit public parfois contre la droite et d’autres fois contre la gauche. À chaque fois il perdait, parce-que: “bon, il a raison mais c’est de la longue échéance, on a le temps de voir venir, allez: Qui veux une prime machin? Une aide aux entreprises bidule?”

    Là, on est dans le gras du sujet, à deux doigts de se faire tomber dessus par les détenteurs de dette, et il va à nouveau perdre tout juste avant que le FMI débarque.




  • RenohrentoBuyFromEU@feddit.orgCheap life & gym T-shirts?
    link
    fedilink
    English
    arrow-up
    3
    ·
    edit-2
    21 days ago

    My European made T-shirts last about 3 years, thick, solid color, 100% coton (and it’s 100% french sourced, processed and made if you chose the linen ones but you can wash very hot linen yet can’t spin linen at high speed or it shorten) . But they cost a fortune (65€ a pop) and it’s a pain each time I get to buy some (I’m just a bus driver, not a tech mogul) but in the end, I think the cost levels out with cheaper shirts trashed regularly. ( If anyone’s curious: https://www.le-tshirt-propre.fr/ )