The problem is that value is derived from property rather than from work. You earn substantially more by owning a machine than by operating that machine, which rewards people who have money more than people who have skills.
At least in BC, they gave the First Nations people basically carte blanche to develop tranches of land in the middle of Vancouver.
In today's real estate environment, I'm sure I don't need to tell you how valuable that is.
Coal exporting Australia? LNG exporting Australia? 66% of electricity from coal Australia?
Everyone knows that all children are just soon-to-be Hamas. This is just a preventative strike to deprive Hamas of more terrorists.
Turns out that when you support genocide, people aren't too happy with you.
Year end inflation of 7% doesn't actually seem that bad? I'm surprised it's not higher tbh
Hasn't the strike literally achieved their objectives? Everyone's talking about them (instead of Ukraine), the Arab world is uniting behind them, and the West is progressively alienating their friends in the Global South.
If Israel had just let things lie, the status quo would have continued and Israel could have kept encroaching on the West Bank and slowly suffocating the Gaza Strip with their blockade. Instead, people are literally turning their backs on the US at the UN, there are massive protests around the world, and the Palestinian struggle is now front and center.
The only way Israel can pull a victory out of this complete and categorical defeat is by annexing the Gaza Strip.
Iran-Saudi talked for the first time in forever to align on this
Play stupid games, win stupid prizes.
Hamas as a group only exists because of decades of oppression by the Zionist regime. Eradication of Hamas will not lead to eradication of attacks on Israel because the people of Palestine want revolution and cannot let the status quo continue: it's just a question of when and how.
You can't kill this hydra without ending the life of every Palestinian in Gaza.
In general, revolutionary groups are formed as a product of circumstance: the American Revolution by British oppression, the French Revolution by Bourbon oppression, the Russian Revolution by Tsarist oppression, and the Chinese Revolution by Ming oppression. You can't have revolution without oppression and oppression will, by nature, lead to revolution.
zerfuffle
joined 2 years ago
Vietnam and Mexico could take advantage of the arbitrage opportunity (sell domestic bonds, buy US bonds), but clearly aren't because they think there's no edge?
That's... Pretty crazy. Doesn't bode well for US inflation.