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Jen Costillo Explains Why Hackers Thrive in a Recession





#cons #2019hackadaysuperconference #diyculture #economics #history #hackaday
posted by pod_feeder_v2
Jen Costillo Explains Why Hackers Thrive in a Recession
 
Declaration of Independence 2.0 - we also hold these truths to be self evident

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness." (src: https://en.wikipedia.org/wiki/United_States_Declaration_of_Independence) new version: 2.0 We hold[...]

\#money #alternative #systems #altcoopsys #alternatives #... Show more...
 
Editorial: The French president must learn the lessons of the concession he has made on pension reform – or he risks the far right exploiting this battle at the next election
The Guardian view on Macron’s pensions retreat: one step forward, two steps back | Editorial
#France #EmmanuelMacron #Worldnews #Europe #Globaleconomy #Economics #Business
 
homo economicus - update to status quo - welcome to the 20s (2020) - where are we?

Image/photoWealth and income inequality has reached, as it did then (1920s), a Dimension in which the power of the rich and the blackmail of democratically elected politicians become so great that democracy threatens to become a Farce.

Inequality, the feeling of being systematically left behind, is also a decisive driving force of nationalism, which is experiencing a Renaissance around the globe.

The promise of a globalized economy that gives everyone a fair Chance has no... Show more...
 
When the markets dip, the banks step in to help with stimulus. Such action may prove counter-productive
Central banks are now the markets' best friends
#EuropeanCentralBank #Business #Economics #FederalReserve #USnews #Globaleconomy #USeconomy #Europe
 
#raegan #economics

Twitter: The Ward on Christmas on Twitter (The Ward on Christmas)

 
There’s little pressure among UK banks for deregulation – instead, France could be a bigger threat

The idea that London might have a post-Brexit future as a kind of deregulated “Singapore-on-Thames” is one of the more curious notions to have emerged in the three and a half years since the UK’s citizens voted narrowly to leave the EU in the fateful June 2016 referendum. In fact, at least as far as the financial sector is concerned, the bigger threat to European regulatory harmony could come from France.

The phrase “Singapore-on-Thames” is shorthand for Britain becoming a low-tax, lightly regulated economy that can out-compete the sclerotic, over-regulated eurozone from a strategic position only 20 miles or so offshore. The general idea was first mooted a couple of years ago by Philip Hammond, then Britain’s chancellor of the exchequer, as a means of encouraging the EU to strike a friendly Brexit deal with the UK.
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And while I am at it a little more on economics. This is a site you should follow if you want some really interesting discussion of economics that is not fantasy.

https://evonomics.com/10-logical-reasonswhy-free-marketeers-dont-understand/

#economics
10 Logical Reasons Why Free-Marketeers Don’t Understand the Invisible Hand
 
This is an essentially correct critique of economics. And it is similar in some respects to the way "orthodox economics" develops policies based on the assumption of "perfect competition" without noticing just how rare that type of market actually is. That is how they keep coming up with the idea that raising the minimum wage would cause a disaster even though the actual record suggests just the opposite.

https://evonomics.com/productivity-does-not-explain-wages/

#economics
Productivity Does Not Explain Wages
 
thinking straight


thinking straight is the greatest gift and super power that mankind has.

concentrate all your brain power on the problems at hand and iterate over it – again and again – with creativity and reasoning – if you can not find an answer – come back 10min later – or the next day.

\#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #thinking #think #thinker #thinkingstraight #mind #mankind #philosophy
Originally posted at: https://altcoopsys.org/2019/12/14/thinking-straight/
thinking straight
 
Economics needs further development.

https://evonomics.com/who-cooked-adam-smiths-dinner/

#economics
Who Cooked Adam Smith’s Dinner?
 
#economics #politics
 
Currently reading Das Kapital and getting my head blown open. Does anyone want to read it with me...I'm still in the first section on commodities and reading it in German...
#economics #marxism
 

Is Inequality Inevitable?


"The free #market is essentially a casino that you can never leave. When the trickle of #wealth described earlier, flowing from poor to rich in each transaction, is multiplied by 7.7 billion people in the world conducting countless transactions every year, the trickle becomes a torrent. #Inequality inevitably grows more pronounced because of the collective effects of enormous numbers of seemingly innocuous but subtly biased transactions."

#capitalism #economics #economy

Is Inequality Inevitable?
https://www.scientificamerican.com/article/is-inequality-inevitable/
 
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Poland repatriates gold from UK ...


#Gold #FiatMoney #Autarky #Usury #AntiUsury #Riba #AntiRiba #economics #politics #Poland

Thanks to Cynthia McKinney
Poland Brings Gold Home; Calls It a Symbol of Strength
 
tuttifruttihat - 2019-11-28 10:45:05 GMT
A #Lula lo condenarán una y otra y otra vez...antes de las próximas elecciones. Y no quiero que sea candidato, pero no admito que sea perseguido por ser la única alternativa popular de gobierno.

El #Judicial es un aparato del #golpe. Jueces que ganan decenas de veces más que um salario minimo son seres #indecentes, que viven en una realidad paralela
 
It may feel like capitalism isn’t working because western wages should be higher, says Branko Milanović, an economist specialising in income inequality
The ‘crisis of capitalism’ is not the one Europeans think it is | Branko Milanović
#Economics #Business #Europe #Worldnews
 
Because Germany imports so little, other countries go into debt to pay for its exports, say Maximilian Krahe and David Adler
Germany is damaging the European economy. The answer? Raise German wages | Maximilian Krahe and David Adler
#Germany #Europe #Worldnews #Economics #Business #EuropeanUnion #ChristineLagarde
 
Sonneborn erklärt die EU

EU != Europa!


Sonneborn möchte Elmar Brocken biologisch überleben, politisch hat er ihn schon überlebt.

Europa wird die EU überleben.

Sonneborn for Kanzleramt! X-D

Image/photo

https://youtu.be/F-nKdJub1gM

\#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #eu #diepartei #partei #politik #parlament #brd #sonneborn #sonneporn #diebestepartei #diebesteparteiever #lol #yolo #cdu #csu #euparlament #brussels #brüssel #satire #titanic
Originally posted at: https://altcoopsys.org/2019/11/25/sonneborn-erklart-die-eu/
Sonneborn erklärt die EU
 
tuttifruttihat - 2019-11-25 19:52:10 GMT
Los ultra no son un #partido, no hacen política. Son fascistas y deben ser proscritos

"Por primera vez en años muchos ciudadanos han presenciado cómo sus instituciones no condenan esta violencia."

#Espana
#ExtremaDerecha
#Fascismo
#Mujeres
#Violencia

https://www.eldiario.es/sociedad/Ofensiva-Vox-Violencia-Machista-Genero_0_967303564.html
 
crazy financial system - Eurozone needs negative interest rates between -4% and -7% to survive

Image/photoIs this the end of the crazy fiat money system?


Is the monetary system completely decoupled from the real economy?

bankers and investors living of a system that only exists in a virtual bubble… that could pop any time.

Is this the reason that “unfakeable” / unprintable (but still steal-able) cryptocurrencies rank so high in comparison to USD and Euro?

2019-11-25:
  • 1 XBT to USD = 7,224.07 US Dollars (
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How could it look like?

How could it look like?




The monetary system – that gives incentives – to be good humans – developing living sustainable lifes – passing on that knowledge of sustainable survival to children and grand-children.




Now Democracy is as corrupted as it is now – mankind desperately needs better ways to cooperate – in peace.... Show more...
 
Debate deepens on whether savers should be compensated or taught instead how better to invest their money
Germany's risk-averse savers grapple with negative interest rates
#Economics #Germany #Europe #Business #Worldnews #EuropeanCentralBank
 
I'm not surprised that The New York Times is somehow mixed up in this. But the central. point is extremely important. We do not suffer from a shortage of capital. Every time you read about an IPO valuing some idiotic tech startup at multiple billions of dollars, recognize that one of the principle reasons is that there is so much capital sloshing around.

https://nymag.com/intelligencer/2019/11/penn-wharton-budget-model-study-warren-wealth-tax-would-slow-growth-on-earth-2.html

#politics #economics
 
Prospect of crashing out of EU leaves UK more exposed to global financial risks, thinktank says

The UK’s GDP growth rate will slip to 1% next year even if a no-deal Brexit is avoided, according to the Organisation for Economic Development and Cooperation.

The OECD said the economy would slow down from growth of 1.2% this year if parliament passes Boris Johnson’s Brexit deal before the 31 January deadline, before returning to 1.2% in 2021.
UK growth will dip to 1% even if no-deal Brexit avoided, warns OECD
#OECD #AsiaPacific #Economics #Conservatives #Economicpolicy #Brexit #Business #EuropeanUnion #Europe #Foreignpolicy
 
The investments of the wealthy are parked all over the world in everything from exotic tax shelters to real estate and works of art. Rather than generate social benefits, they are more likely to keep legions of investment bankers, money managers, wealth advisers and tax lawyers busily employed, gaming the system. https://www.theguardian.com/commentisfree/2019/nov/17/elizabeth-warren-billionaires-wealth-tax-new-york-times #politics #USA #economics #wealth #taxation
 
tuttifruttihat - 2019-11-18 13:18:37 GMT
La crisis de Bolivia se agrava tras la jornada de represión más sangrienta

"Desde la designación de la nueva ministra de Relaciones Exteriores, Karen Longaric, Bolivia ha abandonado la Alternativa Bolivariana para los Pueblos de Nuestro América (ALBA), ha roto relaciones con #Venezuela, expulsado a todo su personal diplomático y reconocido a Juan #Guaidó como presidente interino de ese país. "

#Golpe
https://www.lamarea.com/2019/11/17/el-gobierno-de-transicion-en-bolivia-una-huida-hacia-delante/
 
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Thus the service of war rendered by the soldier and the arms which he uses belong of necessity to someone in particular - be it the soldier himself or another person or persons. When this other person or group of persons buys the service of the mercenary army then this latter puts itself at their disposal and in accordance to their particular demands; so it does not matter who executes the action since the one who decides is in fact the real owner or disposer.

Whether the one who decides is an individual, or a group of persons or politicians, it does not alter the fact that the structure which utilizes the army in order to enforce payment of a tax - to maintain this army or for other expenses - is a tyranny.

- “The End of Economics” by Shaykh 'Umar Vadillo, Madinah Press, 1991


#... Show more...
 
tuttifruttihat - 2019-11-14 10:09:10 GMT
El golpe contra Evo se consolida en #Bolivia

"Los acontecimientos suceden a una velocidad vertiginosa en Bolivia. El bloque que lleva adelante el golpe de Estado tiene una serie de pasos que cumplir y los lleva adelante."
https://www.pagina12.com.ar/230952-el-golpe-contra-evo-se-consolida-en-bolivia
 
tuttifruttihat - 2019-11-14 10:52:42 GMT
"Los parlamentarios de la anterior oposición se apresuraron a designar presidenta por dos razones. Primero, por una muy entendible: la emergencia que vive Bolivia. Segundo, por una razón política: al no tener mayoría, si esperaban al MAS para reunirse, este hubiera podido elegir las autoridades parlamentarias y, además, a las del país”, señala el politólogo Jorge Richter a este periódico."

#Golpe
#ExtremaDerecha
#Bolivia
#RepublicaBananera
#AmLat
 

Monopolies cost Americans $300 a month. We're no longer the land of free markets


Which just goes to show that Marx was right. Unregulated capitalist markets tend towards monopoly. https://www.theguardian.com/commentisfree/2019/nov/13/america-was-once-the-land-of-free-markets-now-theyre-becoming-a-myth #capitalism #markets #economics #politics
 
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