MMT would claim rather simply that the debt can be paid back by printing more money. More money in the system means more people are employed. If you have full employment, more money leads to inflation and to fight inflation governments need to raise taxes, to take money out of the system. Obviously taxes can not be raised to infinity.
So no MMT does not claim the US can just borrow money without long term costs.
Not necessarily. As long as the debt is invested well, it is absolutly fine. If the debt is used to increase the size of the economy, that means more taxes and hence the debt can pay itself. The other scenario is the government investing into something, which increases in value. Keep in mind that the governments rates are lower the private rates, so if a government builds a lot of housing for its citizens, that increases debt, but is still cheaper then everybody building their own housing themself. Similar effects can be had by buying companies.
Debt is a tool, it can be used for both good and bad. It really depends on how good the government is.
He was sentenced according to GDR law, which allows ten years to life.
However many of the rich countries are in debt in currency they control. The US, China and the EU mostly borrow in dollar, RMB and Euro. So if they have a massive debt crisis they just print a lot of money and can pay back the debt. That comes with inflation, but that is not that bad.
The poorest countries in the world mainly borrow in USD, which they can not just print. They have to net export to get USD to pay back debt. Add to that other massive problems. Afghanistan, Yemen, Syria and Ethiopia all have ongoing civil wars, Chad is landlocked and the country it would trade through is currently in a civil war. North Korea is sanctioned to hell and back. That makes paying back any debt much harder.
You can however Switch to some open source software without having to go full Linux. Introducing Libre Office, Firefox, Thunderbird and so forth can be done in Windows. Software Not working one Linux is often a big problem for switching.
Fifa be lik: “Today I feel Saudi, I feel Arab, I feel African, I feel gay, I feel disabled, I feel a migrant worker…”
Israels support of Hamas is a pretty good starting point. That one pretty clearly shows, how the Israeli government continues that situation.
The other one is looking at the situation from an Israeli perspective. Iran is the most open anti Israel country right now. A lot of other countries in the region, do not like Iran either and are somewhat willing to work together with Israel. That is Saudi Arabia for example. The issue is that the situation in Palestine is preventing that alliance from forming. So a deal with the Palestinians gives Israel greater security in the region as well. If done right that would only mean the northern border to Lebanon and Syria is challenged.
You have basically two sites. One loves the fact that Arabs and Jews kill each other and want the war to continue. They support ending German aid to Palestine and so forth. The other wants to end US warmongering in the region, caused by US support of Islamic terrorist in attacking Israel. Yes I did not mix that up, the US according to some in the AFD Biden supports Hamas.
$7trillion is three times the GDP if Brazil. It is bigger then the US federal budget. Seriously it is insane.
At first the committee had intended to honour only Pierre Curie and Henri Becquerel, but a committee member and advocate for women scientists, Swedish mathematician Magnus Gösta Mittag-Leffler, alerted Pierre to the situation, and after his complaint, Marie’s name was added to the nomination. Marie Curie was the first woman to be awarded a Nobel Prize.
This is household food waste and the study also inclues retail and food services.
5.6%of GNP is well above the 2% inflation rate and France economy is also not growing fast at forecasted 0.7%.
If you are an oil exporter, taking put other countries oil production makes your exports more valueable.
The US already works against Iran, Russia and Venezuela.
Jerusalem. The mosque is the al-Aqsa
I for my part like that the government is working hard in disrupting oil production.
I am not saying media is not bias, but that some media just spins the truth, whereas others do not have a problem with fslse reporting. After all tankies are called tsnkies, because they ignored that the Soviets used tanks to violently get rid of the Prague Spring. This happens on the left as well.
And yes that is why I like reading economics news websites like the economist. They report on subjects left leaning news tend to not care about, but which can be incredibly important. Also with rich people using their reporting as a bases for invedtments, makes it hugely important that they do not outright lie. Commentary on them is horrible though, unless they go somewhat agsinst the neoliberal norm, which is rarer, but usually some of the best stuff.
False neutrality is propaganda, but so is being so is being activly biased. So a good left news source has to be wiling to show the fscts, when they speak against the left.
In Germany you only have to use a crosswalk, if it is within 30m of where you want to cross, or 40m in case of a traffic light. Otherwise you can cross wherever you want. Obviously you got to do so in a safe manner.
Moving away from Office and Windows and so forth is a nightmare for any larger company. If you use specialized software, it might very well only run on Windows or only have an integration into Office. Even if you could, you then have to retrain staff to use Libre Office, Linux and other alternatives. You also will have problems converting, changing servers and so forth.
So companies just do not switch. That is how Microsoft makes money. They really do not care that much about private users. That is only usefull so people can use their products.
They are planning to buy or maybe just electricity from a new reactor type, which has never been built, starting 2030, when conventional nuclear power plants, with known technology take twice as long to built.
So if they stop the project in 18months, it has just been a waste of money.