Message from @Sh0t
Discord ID: 647535879728136214
Portugal's economic is currently found in a bad position, one appartment in portugal is almost 190k€. We have been down for a while till we can either; a. better rule agreement, a better way to economize. My stepfather receives 4k€ every month and he is legit the director of the biggest company of components in portugal. So you can already expect what it is to live in Portugal right now. @Sh0t
Those charts above illustrate the effects of the Euro on the countries in europe that can't run a trade surplus like Germany
prior to the Euro, Portugal, Greece etc would have devalued their currency and maintained full employment at least, or close enough, and the exchange rates would have begun to tug on the economics of the surplus countries to shift business away
The US is a monetary union as well, but we are also a FISCAL union, and our system is top heavy wtih the Federal governemnt spending by far the most money, everywhere in the country
the Euro Nation /Euro Nation situation is the opposite: the individual nations do most of the taxing and spending, with a relatively thin EU bureaucracy on top, with not much fiscal action
The Euro+the government deficit rules favor the heavily capitalized countries like Germany, so it acts as a very sneaky export subsidy to Germany manufacturing
GOP quietly getting ready to shut down progressives for next go-round
Can someone explain to me what deficit is and trade deficit
@AlphaUK uh oh stinky, poop funny, poppy diaper. Stinky nappy hahahahaha poop hello funny haha poopy
Unfunny^
Ok socialist @Alexstrasza
lol what a nerd
cap good soc bad
@AlphaUK Okay, homosexual
ok bumhole licker
Bro you can't keep flexing this stuff here, nobody knows what to make of it. Don't you have a class to teach, professor? ;)
but that's a handy comparison of m1 and m2 versus the CPI, so the Schiff bots can rope
None. It's a bad idea to do that I think, it will really blind you
I prefer the schools that take an engineering style approach if I can, alongside those that use survery-based methodology to get some data to test assumptions
A snippet so good, I had to clip it:
https://youtu.be/hkvWeVD9fI4
yeah
the mods are shit
like
holy
omfg
@Deleted User pls help
Communism:
Examples (By definition real communism hasn't/dosen't exist)
-Current Communism: People's Repbulic of China, Republic of Cuba, Lao People's Democratic Republic, Socialist Republic of Vietnam, Democratic People's Republic of Korea
-Former Communist States: Soviet Republic of Soldiers and Fortress-Builders of Naissaar (1917–1918)
Commune of the Working People of Estonia (1918–1919)
Latvian Socialist Soviet Republic (1918–1920)
Lithuanian–Byelorussian Soviet Socialist Republic (1919)
First Soviet occupation of the Baltic states (1940–1941)
Definition:
1. (Dictionary Google) a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
2. (Wikipedia) Communism (from Latin communis, "common, universal")[1][2] is a philosophical, social, political, and economic ideology and movement whose ultimate goal is the establishment of a communist society, which is a socioeconomic order structured upon the ideas of common ownership of the means of production and the absence of social classes, money,[3][4] and the state.[5][6]
General Idea:
- Means of production owned by proleterians.
- Removes the Hierarchial traits of Capitalist society.
- Abesence of Money (Currency) or need to establish social order.
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GG @FoundALegalDwarf, you just advanced to level 2!
@pompompiggy yes pomp
```Sapienza and Zingales, as paraphrased in the report, argue that “the more American economists agree among themselves, the more distant they grow from average Americans.” (It is one amusing irony that economists link arms and lock step in a framework that emphasizes personal choice and individuality.)
```
CoMmUnISM hAS nEvER bEeN tRiED
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