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His Divine Shadow posted:It's an interesting prediction for the future, not entirely unappealing either even if it has to come with another crash. But IMO I feel that's his least objectively motivated reasoning in the article. He just seems to thinks government interfereing in capital = bad and goes from there to justify it. I don't see it as that certain. History isn't a loop after all. I read it as a prediction and not a value judgment. I don't see where he's saying it's bad that government direct capital - just that they are doing it and what he thinks the effects will be. mortons stork posted:Also his complaining that the people want relief from energy costs as if it were some unconscionable demand really gives away his game. Plus his whining that now the investors are gonna be drained, instead of the unworthy poors and youngs. Ugh. Again not seeing the value judgment. He's saying governments are spending partly because theybhave to and partly because people want them to and then predicts the effects: quote:Savers won’t like it, but debtors and young people will. People’s wages will rise. Financial repression moves wealth from savers to debtors, and from old to young people. It will allow a lot of investment directed into things that people care about. That is what inflation does. Whether you think it is good or bad is a matter of perspective. If you just bought a house this is great news for you. If you live on a fixed pension then it's not so great.
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# ? Dec 1, 2022 15:55 |
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# ? Jun 8, 2024 08:06 |
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quote:Yes. People are screaming for energy relief, they want defence from Putin, they want to do something against climate change. People want that, and elected governments claim to follow the will of the people. No central banker will oppose that. After all, many of the things that are associated with financial repression will be quite popular. This formulation is not neutral, to be charitable here. People demanding reasonable things is characterized as screaming. (elected) Governments doing them is bad because it is hard for the central bankers, the real oppressed minority, to oppose. quote:What would have to happen for you to conclude that we'll avoid this path? quote:What’s the endgame of this process, then? quote:What will this new world mean for investors? I don't want to do a line-by-line tone analysis on the interview but it is definitely not free of value judgment and I do not know what to tell you if these examples do not suffice and you believe it is
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# ? Dec 1, 2022 17:01 |
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I did get the impression he didn't like the idea of where things where going, but then again he's of the investor class himself. Maybe that's why the future he describes doesn't sound utterly terrible, because it's not the ideal future for his kind.
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# ? Dec 1, 2022 20:00 |
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His Divine Shadow posted:I did get the impression he didn't like the idea of where things where going, but then again he's of the investor class himself. Maybe that's why the future he describes doesn't sound utterly terrible, because it's not the ideal future for his kind.
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# ? Dec 1, 2022 20:15 |
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the business press is typically much more candid about things than any other kind of mass media. ft is probably the best english-language news source on international politics and analysis, for example
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# ? Dec 2, 2022 00:58 |
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V. Illych L. posted:the business press is typically much more candid about things than any other kind of mass media. ft is probably the best english-language news source on international politics and analysis, for example The FT still very much has an editorial position that bleeds into their articles (pro-Western, center-right free market economic liberalism, and increasingly dogmatically socially liberal in an American sense). But yeah being a business paper first and foremost means they generally have to at least have _more_ of a focus on relatively unbiased truth than most other media. Its the best paper I'm aware of personally, and is highly thought of in policy making circles I know. Their business model is quite interesting, instead of chasing huge numbers of subscribers at low prices the way the NYT or WaPo are doing the FT is sticking to its guns on a comparatively very high price for a smaller number of subscribers. I'd suspect thats playing a large part in keeping their reportage somewhat neutral and high quality - both that they can't afford to lose too many very valuable subscribers from their limited/discerning base, and that they aren't trying to be as broadly populist as other papers in an attempt to appeal as many readers as possible. Their comments section under the articles usually has some great comments too, its limited to subscribers only so the high paywall keeps discourse fairly interesting. But its always interesting to see which topics they disable comments on because they won't like their readers' take - topics relating to Israel, and on immigration to the EU/US, are two big/regular ones.
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# ? Dec 2, 2022 13:06 |
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The FT comments are full of nut jobs what are you talking about
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# ? Dec 2, 2022 15:05 |
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Yeah I can attest to having read some of the best factual reporting esp. on EU affairs on the FT. They also maintain a newsroom and foreign correspondents, which seems a lost art to journalism these days, at least in my country. While the editorials and opinion pieces are usually dogshit as you'd expect, journalists putting in effort to investigate issues and present them as fully as possible does make a huge difference. But the comments are just about the same as any other newspaper comment section yeah. mortons stork fucked around with this message at 15:27 on Dec 2, 2022 |
# ? Dec 2, 2022 15:25 |
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The FT is the paper of capital, and it really does not want to lie to capital, hence why it more clearly says the poo poo that most every other British newspaper is reticent to print
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# ? Dec 2, 2022 15:40 |
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Badger of Basra posted:The FT comments are full of nut jobs what are you talking about There are obviously still some nutjobs thats inescapable anywhere. But if you sort by 'most recommended' on any business/financial/political article on the FT you'll often find very good posts made by people who obviously work in the relevant industry and know what they're talking about. Its a much better signal:noise ratio than the vast majority of internet discussion spaces thanks to the subscription requirement to post.
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# ? Dec 2, 2022 15:43 |
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Venomous posted:The FT is the paper of capital, and it really does not want to lie to capital, hence why it more clearly says the poo poo that most every other British newspaper is reticent to print Case in point:
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# ? Dec 2, 2022 15:44 |
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I can't afford FT. What's the thread's opinion on Politico.eu?
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# ? Dec 3, 2022 23:44 |
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Doctor Malaver posted:I can't afford FT. What's the thread's opinion on Politico.eu? way more pro-war than the US site, it's very weird
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# ? Dec 4, 2022 01:01 |
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Doctor Malaver posted:I can't afford FT. What's the thread's opinion on Politico.eu? Owned by Springer, the Murdoch of Germany
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# ? Dec 4, 2022 10:04 |
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Politico.eu is owned by Axel Springer. It is not editorially independent. I don't hang with violent bigots engaging in stochastic terrorism against my friends. I generally regard people who read it with suspicion of being transphobic bigots.
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# ? Dec 4, 2022 10:07 |
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Doctor Malaver posted:I can't afford FT. What's the thread's opinion on Politico.eu? Politico.eu is a lot more limited in its coverage, its not a full service newspaper equivalent at all. You can just use the firefox extension "unpaywall" to view the FT's articles. (though obviously in the long run its best to actually pay to support rare good journalism, they regularly have offers on subs that get it down to about $200 p.a. so its fairly good value too if you're reading it regularly)
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# ? Dec 4, 2022 13:27 |
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Antigravitas posted:violent bigots engaging in stochastic terrorism what Antigravitas posted:I generally regard people who read it with suspicion of being transphobic bigots. I visited the site a dozen times and I never saw anything about trans people.
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# ? Dec 4, 2022 17:48 |
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Doctor Malaver posted:what I’ve never heard of the website and in my first search result for the first set of keywords I could think of (“trans woke”) I found this. I don’t think you were looking hard. https://www.politico.eu/article/how-trade-went-woke/ quote:How UK trade went woke
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# ? Dec 4, 2022 17:54 |
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mawarannahr posted:I’ve never heard of the website and in my first search result for the first set of keywords I could think of (“trans woke”) I found this. I don’t think you were looking hard. The correct slur to search for is "transe", since Axel Springer is a German company. Like this: Axel Springer acquired politico.eu to expand, and this is the editorial line through all its publications. The only difference is the target audience: Bild for the dumbest morons imaginable, Welt for people with pretensions of intellect, and Politico for online. See also: https://foreignpolicy.com/2022/01/06/axel-springer-politico-media-scandal-germany-bild/
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# ? Dec 4, 2022 18:12 |
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the dumbest anti-China article I've read in quite awhile came out of politico.eu recently as well https://www.google.com/amp/s/www.po...ls-trouble/amp/
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# ? Dec 4, 2022 18:16 |
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mortons stork posted:Yeah I can attest to having read some of the best factual reporting esp. on EU affairs on the FT. They also maintain a newsroom and foreign correspondents, which seems a lost art to journalism these days, at least in my country. While the editorials and opinion pieces are usually dogshit as you'd expect, journalists putting in effort to investigate issues and present them as fully as possible does make a huge difference. Bumping this, the FT has phenomenal reporting. There's a reason why it's commonly referred to as the "Bible of Capitalism" and pretty much took the top of spot for financial news ever since the WSJ was bought out by Rupert Murdoch's news corp. Badger of Basra posted:The FT comments are full of nut jobs what are you talking about I dare you to read WSJ Opinion-Editorials.
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# ? Dec 4, 2022 20:18 |
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speaking of financial papers, why doesn't the WSJ operate along the same lines as FT as the "honest capitalist" mouthpiece? WSJ opinion pieces are both mind-numbingly dumb and totally fanatical
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# ? Dec 4, 2022 20:33 |
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i say swears online posted:speaking of financial papers, why doesn't the WSJ operate along the same lines as FT as the "honest capitalist" mouthpiece? WSJ opinion pieces are both mind-numbingly dumb and totally fanatical the reporting functions that way i think but it's still a murdoch paper so they have to hire the world's stupidest people to write editorials
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# ? Dec 4, 2022 20:38 |
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who's the target audience then? small business tyrants who think they're captains of industry?
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# ? Dec 4, 2022 20:52 |
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i would imagine the venn diagram overlap of "people who read the reporting" and "people who read the editorials" is pretty small the former is mostly subscribers, the latter is mostly hatereaders on twitter
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# ? Dec 4, 2022 21:04 |
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mawarannahr posted:I’ve never heard of the website and in my first search result for the first set of keywords I could think of (“trans woke”) I found this. I don’t think you were looking hard. This article doesn't contain the word 'trans', unless you felt 'transforming' and 'Transatlantic' are relevant. It does use the word woke, which is a poor choice, but other than that I'd say it's even-handed. Did you even read it? i say swears online posted:the dumbest anti-China article I've read in quite awhile came out of politico.eu recently as well This on the other hand really sounds dumb. Antigravitas posted:Axel Springer acquired politico.eu to expand, and this is the editorial line through all its publications. The only difference is the target audience: Bild for the dumbest morons imaginable, Welt for people with pretensions of intellect, and Politico for online. Thanks for the link and for reminding me of Foreign Policy.
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# ? Dec 4, 2022 21:15 |
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Doctor Malaver posted:This article doesn't contain the word 'trans', unless you felt 'transforming' and 'Transatlantic' are relevant. It does use the word woke, which is a poor choice, but other than that I'd say it's even-handed. Did you even read it? I used Google, which doesn’t care if the keywords appear in the article. I did read the article, it’s horseshit promoting odious views written entirely in the language of those who speak for those views, presented as some both sides disingenuity.
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# ? Dec 4, 2022 23:20 |
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Forgive me if this is a derail, or if there's a dedicated France thread, but I've seen Macron jokingly referred to as Jupiter a lot. Is this just a reference to his ego or is there a story behind it?
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# ? Dec 5, 2022 15:57 |
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Morrow posted:Forgive me if this is a derail, or if there's a dedicated France thread, but I've seen Macron jokingly referred to as Jupiter a lot. Is this just a reference to his ego or is there a story behind it? He came out and said he wanted to rule like Jupiter. So yes, it's a reference to his ego, a self-reference
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# ? Dec 5, 2022 15:59 |
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dude keeps talking like a sun king with respect to monarchies and gods, he's on that european augustus stuff
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# ? Dec 5, 2022 16:04 |
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forkboy84 posted:He came out and said he wanted to rule like Jupiter.
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# ? Dec 5, 2022 16:08 |
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Lol https://twitter.com/PopulismUpdates/status/1599524279963422721
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# ? Dec 6, 2022 13:37 |
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My man’s getting into bread this winter to weather the cold https://twitter.com/quicktake/status/1598393897981550592 Wish I had more centimeters of know-how myself mawarannahr fucked around with this message at 22:28 on Dec 6, 2022 |
# ? Dec 6, 2022 21:36 |
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Yo, baguette is serious business.
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# ? Dec 6, 2022 22:09 |
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https://twitter.com/lesoir/status/1601281939423502336quote:Greek Socialist MEP Eva Kaili, one of the 14 vice-presidents of the European Parliament, was brought in for questioning in Brussels on Friday evening in connection with an investigation into suspected corruption involving "a Gulf country", AFP and Belgian outlet Le Soir reported, quoting prosecutor's offfice.
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# ? Dec 9, 2022 21:59 |
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This article from November sure ended ominously: https://www.politico.eu/article/eu-...-2022-kicks-in/ quote:There had been some hesitancy before the vote especially from within the S&D and the EPP, with Socialist lawmaker and Parliament Vice President Eva Kaili arguing Wednesday that Qatar is a “frontrunner in labor rights,” but that still some “discriminate” against it. It's amazing what people will say for a bag of money.
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# ? Dec 10, 2022 11:25 |
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Being able to buy off FIFA so brazenly must have given the Qataris ideas.
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# ? Dec 10, 2022 12:38 |
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Good to see PASOK learning from their past venality
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# ? Dec 10, 2022 13:08 |
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E: wrong forum. I said “Socialists ftw,” instead I’ll just say this is a stain on our world and they should pretend to do better at least.
mawarannahr fucked around with this message at 23:18 on Dec 16, 2022 |
# ? Dec 16, 2022 23:16 |
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# ? Jun 8, 2024 08:06 |
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Nenonen posted:https://twitter.com/lesoir/status/1601281939423502336 quote:Qatar has threatened to cut off energy supplies to Belgium and Europe in a row over a corruption scandal that has shaken the European Union" https://www.youtube.com/watch?v=2WZLJpMOxS4
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# ? Dec 20, 2022 23:00 |