• 0 Posts
  • 9 Comments
Joined 3 years ago
Cake day: July 10th, 2023
  • Brainsploosh@lemmy.worldtoWorld News@lemmy.world•Greenland PM Tells People to Prepare for Possible InvasionEnglish
    13·
    1 month ago

    General strike, demonstrations where they can’t be ignored, organised resistance, organised campaigning, even striking in solidarity with others.

    Oh. You’re all struggling too much to be able to do that?

    That’s you being oppressed, and you could organise against that: you could organise war chests for striking, unionise to regain rights, vote or campaign for actual peoples representation rather than corporate such, build resilient communities, picket biased media, organise or join collective action, prosecute and pressure corrupt politicians, counter lobbies, educating yourself and others, etc.

    Gather neighbours, save funds, support eachother, resist where you can and coordinate with others to have a greater impact.

    But most aren’t going to, cus there’s always someone else to blame, someone else that should save the day. And while you’re passing blame, the fascists consolidate, divide and terrorise, both your domestic neighbours and international friends. Leaving you more vulnerable, more isolated, and with less and less support to resist or survive.

  • Brainsploosh@lemmy.worldtoNews@lemmy.world•US debt reaches $37 trillion years before expected
    14·
    7 months ago

    Having large debt matters for how expensive access to cash is. No matter how “fake” it is, the financial system puts a premium on how long it takes to get their lent money back. The longer it’s stuck, the worse the reputation of getting it back, or simply the higher the demand — the higher the premium.

    And as you need cash to make payments for goods and services (as opposed to tax rebates) that has the effect that US tax dollars and investments have lower rate of return as sufficient cash gets more expensive.

    Another part is that the debt will be taken out in some form, e.g. foreign currency, making that currency more available for cash transactions (while at the same time making yours’ less available due to being locked into what you needed it for). This shifts trade away from USD, which makes it much harder to influence/control what it’s used for, how much it’s worth, and harder to make people care how much of it there is.

    As the world trades in something besides USD and/or avoids investing in the US due to high costs/volatility, the US gets less relevant/influential in global policy, diplomacy, business, investments and even domestic policy.