zlacker

>>qp11+(OP)
The question is, are these companies the one that still work by fax and think the internet is a fad?

>>raverb+F
Yeah, at the same time:

https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted"

https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU"

Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession"

We wouldn't be where we are with right-wing votes if we wouldn't have this much panic pessimistic breaking news everywhere I feel. There are definitely more perspectives. (And yes I know, unfair distribution plays also a huge part in very different perspectives..).

>>throwb+L4
you think people that "incorrectly believe the US is in recession" go by doomsday news? they look at their pocket when buying groceries, they looked at the glorious effects of bidenomics on their own life, and how it has been made that much harder, and form their opinions. When the talking heads on TV bask in how great the economy is, they speak from a position where their insider-trading fueled gains are so far away from the world of normal people that they barely could even point to a "normal person" if they were dumped in the middle of a crowd of them

>>redeem+H5
I am not American, and I don't know all the finer details, but weren't a lot of the inflation issues post covid a direct result of Trump's unrestrained borrowing even in a growth economy, all in the name of keeping the stock markets growing as your primary indicator of economic success a big factor?

Certainly looking at the UK economy, I can trace back the source of our current problems well beyond the current election cycles even if the incompetence of the current government has not helped.

>>lkrame+Y6
No, this has nothing to do with Trump.

The USA has been in “unrestrained borrowing” because it’s been funding itself with continuing resolutions rather than a budget since 2009. That means that the extra trillion dollars in 2009 “temporary” stimulus has been added to the debt every year since on top of the prior trajectory. This is easily seen if you look at the relevant graphs on FRED.

That said, government borrowing or money creation doesn’t directly cause inflation either. Sad to say, the inflation we’re seeing appears to be as much on the production and importing side as it is on the demand side.