• 6 Posts
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Joined 1 year ago
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Cake day: August 28th, 2023

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    1. The USD is the global reserve currency. What it means is, that you guys can print more USD, put it in your own economy by devaluing the rest of the world’s reserves. This means that you can inflate away all of your debt. This means, that you can take a lot more debt than whatever the rest of the world can. The rest of the world (us included) has allowed you to hold this power (not out of selflessness obviously, but because there’s a symbiotic relationship going on). Remove your military umbrella, and suddenly the need for you to be the reserve currency vanishes. This means that you actually have to pay back the trillions of dollars of debt that you took for your war mongering (Vietnam, Iraq, etc.).
    2. Your President is threatening the very existence of our country. We have no idea if we’re going to be another Ukraine. Instead of protesting strongly in the streets against this bullshit, you are here lecturing us because you felt offended?
    3. If you think that you are subsidizing us or whatever, you are plain wrong. The relationship that we hold is symbiotic. Both of us gain equally from it, and both of us need each other equally. Your President that the majority of Americans elected in, threatens our very sovereignty. What use is your generously given to us “defense umbrella” if the very threat to us is you?
    4. Our universal healthcare is there despite us spending less percentage of our GDP on healthcare (11.2% in Canada vs 16.6% in the US in 2022). So please turn your rage towards your own government instead of us.
    5. As for defense, we could have quite easily developed nukes (fkin India used Canadian nuclear reactor tech to develop their own nukes). The reason we didn’t is because Americans didn’t want their allies to have nukes. We trusted you here just for your government to bring up the 51st state bullshit.
    6. The tariffs that your government enacts affects all Canadians. If Trump pulls a Putin, ALL CANADIANS will suffer. So we’re soooo incredibly SOOOOOOORY for this shitpost, okie?








  • UraniumBlazer@lemm.eetoLemmy Shitpost@lemmy.worldRemember
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    13 days ago

    Keynesian economics is a macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation. It was developed by British economist John Maynard Keynes during the 1930s in an attempt to deal with the effects of the Great Depression.

    The central belief of Keynesian economics is that government intervention can stabilize the economy. Keynes’ theory was the first to sharply separate the study of economic behavior and individual incentives from the study of broad aggregate variables and constructs.

    Based on his theory, Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression.

    Subsequently, Keynesian economics was used to refer to the concept that optimal economic performance could be achieved—and economic slumps could be prevented—by influencing aggregate demand through economic intervention by the government.

    Keynesian economists believe that such intervention can result in full employment and price stability.