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Joined 2 years ago
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Cake day: July 27th, 2023

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  • Dude that makes no sense at all. He wants to depreciate the dollar by putting on tariffs, an action you yourself admit depreciates all OTHER currencies, thereby increasing the value of the dollar?

    Then after that he’ll “negotiate” to have the other countries to appreciate their currencies? By buying US goods and companies?? Both of those things appreciate the US dollar. China has been selling their goods to the US (something which should appreciate their currency) without appreciating their currency by buying property and companies in the US so they never have to use the US dollar to buy their own currency. This increases the value of the dollar while decreasing demands for the Chinese currency. This has been widely seen as unfair currency manipulation by China.

    Things that increase demand for US dollars such as buying US goods and investing in the US APPRECIATE the value of of the US dollar. I haven’t read the article yet, but I hope your summary is incorrect, because Varoufakis is generally a very intelligent left wing thinker and I would be surprised to see this kind of gaffe in basic economics.

    Edit: here is a link to the article since the one above didn’t work for me.

    https://www.yanisvaroufakis.eu/2025/02/21/donald-trumps-economic-masterplan-unherd/

    While tariffs would work against Trump’s plan (by deppreciating foreign currencies) they give Trump revenue he can spend with congressional approval. Then for the countries that make a deal he’ll either force them to appreciate their currencies by swapping US dollars for their own currency (to depreciate the dollar), OR make them buy very long term US bonds (stabilizing the US debt markets) and buying US weapons (diluting the cost of US military R&D). Trump hopes this lets him depreciate the dollar while keeping it as a reserve currency (having his cake and eating it too).









  • Last Trump admin the US tariffed China, China retaliated by tariffs on US ag goods. Eventually Trump caved (or genius negotiation depending on your political colour) and China lifted the tariffs. Ask American farmers if they got those contracts back once China developed relationships with Brazilian farmers instead. Look at how many small farms folded since then and have been bought by commercial interests. Think that’s a coincidence? Only megacorporations can afford to wait out the consequences of these actions.

    The consequences of this idiocy will last a long time.






  • That’s something I wish was do able in Ontario. Cars are downright hostile to cyclists here. One in 300 will actively try to “buzz” you or “roll coal” you in bike lanes or intersections. Even biking with my kids exclusively in protected lanes and using pedestrian crossings I’ve had more close calls than I can count. Some of these drivers (willingly or thorough sheer carelessness) go out of their way to endanger CHILDREN.

    Driving on the road taking up a lane requires a lot of focus and attention to keep yourself safe from the significant minority of drivers who actively disdain you. And that’s when you move to the side to let them illegally pass you at every opportunity. If you tried to take a full lane for any significant amount of time in Ontario you will 100% be hit on purpose. Maybe not every ride, but you wouldn’t survive a summer of “using your legal right to a full lane”.







  • Bootlicking bastard. How dare you defend the cops for handcuffing this poor mother whose crime is apparently letting her kid have a childhood? “Peaceful interactions turn violent”? Pizza delivery drivers are more likely to have violent and fatal interactions with the public than cops, should they handcuff us “just in case” before handing us our order? God you bootlickers disgust me. Not ONE of your positions is upheld by facts. It’s all “feelings”, feelings like “the cop felt unsafe so he unloaded 2 full clips into a black kid playing tag”. It’s all a big tower of fascist feelings.