Yomoholo
@yomoholo.bsky.social
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yomoholo.bsky.social
so its also possible that pressure from the government could push the fed to reduce interest rates in an attempt to spur job growth by lowering interest rates when the aforementioned higher interest rates are creating stagnation.

were this to happen this would likely create stagflation.
yomoholo.bsky.social
which the federal reserve will be forced to fix with higher interest rates, which will likely cause the American economy to stagnate.

however the federal reserve has a dual mandate to not just control inflation but to also create jobs, so its also likely that this will create a conflict...
yomoholo.bsky.social
i think the more immediate risk is that reduced trade with the rest of the world (as a result of tariffs) will erode the deflationary effect that the dollar reserve currency has on the American economy, creating inflation...
yomoholo.bsky.social
the issue with de dollarization is that a replacement global reserve currency managed by a large trustworthy economy/state would need to take its place.

of course the more the usa acts out the more likely other countries will be to seek alternatives.
yomoholo.bsky.social
No way thier dumb enough to try that with a nato country.
yomoholo.bsky.social
there is something immensely frustrating about the fact that world leaders have to humor trump's excesses when dealing with him.

just to get him and by extension the usa to behave.
yomoholo.bsky.social
imagine being forced to fly halfway around the world just to be made to watch that incoherent shitshow.

i for one would be malding.
yomoholo.bsky.social
ffs is gazalago still a thing?
yomoholo.bsky.social
to be honest regardless of a win or loss for Russia China will probably find a way to benefit itself regardless.
yomoholo.bsky.social
why stop with outer Manchuria, the Chinese could exploit a sufficiently weakened Russia to take defacto control of all Siberia and its resources.

just do what they have been doing with the belt/ road initiative and "help" Russia into becoming entirely subservient to China
yomoholo.bsky.social
considering their history i would have assumed a pro Russian government to be the last thing that the Czechs would tolerate.
yomoholo.bsky.social
honestly it would be wild if we woke up one day to learn that the Russian stockpile rotted away decades ago and they have been psyoping everyone ever since.
yomoholo.bsky.social
honestly im starting to think that they sold their bombs for reactor fuel and sold the rocket fuel to space x or smth.
yomoholo.bsky.social
it looks like they found a car, removed the doors and cut the roof off.
yomoholo.bsky.social
i would have thought that the Russians were to busy losing a generation in Ukraine to invade someone else.

especially a nato aligned country.
yomoholo.bsky.social
remember when Vance flew to Europe to accuse Europe of assaulting free speech....

that was in February.
yomoholo.bsky.social
there is something deeply ironic that the Americans who depend on Canada for energy imports, are themselves trying to make Europe dependent on them for energy imports.
yomoholo.bsky.social
given how the Russians seem to be running out of time these violations of nato airspace may be a sign of desperation.
yomoholo.bsky.social
i guess we now know how deep you need to place your nuclear research facility to prevent it from being bombed.

or anything that you wouldn't want to be bombed for that matter.
yomoholo.bsky.social
as if violating a neutral country's airspace to attack another country should be considered normal.
yomoholo.bsky.social
the consensus (as i was taught) is that service based economies are superior to industrial economies in terms of improving individual standard of living.

the usa is currently a service based economy, "reindustrializing" would by that definition be a step back, its just so verry silly.
yomoholo.bsky.social
its silly because American hegemony was built on making the usa the center of a global liberalized trade order.

and now trump thinks he can maintain/enhance that hegemony by dissolving that global liberalized trade order.
yomoholo.bsky.social
how much do we wanna bet that he talks to Putin and then walks out of that room/phone call charmed and actively undermining Ukraine and Europe.
yomoholo.bsky.social
and there are Americans that make fun of Europeans for importing Russian oil.

ffs.....