/int/ - International

We got slapped with a 39% tariff by your supreme leader, but so far it's no problem.

It's okay, it's not the greatest but compared to other nations we are doing fairly well. We have a relatively low debt to GDP ratio compared to other nations and we have a fairly high GDP per capita. But we are importing more people than we are building houses for so house prices are an issue.

soon SOON

Shit, while I actually have a decent jerb that got me a 15k bonus last year. 2-3 more years and I'll finally tune out to flee to ladyboy land.

>>14602 Do you want to be a ladyboy?

>>14604 No, I want to hug and love the living daylight out of a Thai ladyboy.

>>14592 Business and the few mechanical factories and workshops are struggling. Especially small scale high precision mechanical manufacturing

Not great, not terrible. The unemployment rate is at slightly over 6%, at the worst times it was about twice that. But it's also the highest in a couple of years. The car industry isn't doing too well and most other industries aren't doing too well neither.

Idk and I no longer care

Fine. As long as we can keep building data centers forever.

challenged

Worse than yesterday, better than tomorrow.

Lula wants to spend a lot while also giving freedom for the central bank to set its interest rates. Result of this is that currently we have interest rates of 15%, among the top 3 in the world. It's killing the economy.

>>14747 if the central bank didn't do it, you'd have inflation in the top 3 of the world seriously, doesn't Biden spending trillions and accelerating inflation to the peak in 40 years teach you nothing?

>>14758 >Biden Okay, this is probably easy, but here are four graphs of inflation. I'd like you to identify Belarus, Switzerland, Belarus and the USA. For some odd reason, Biden's spending increased inflation in all those countries. How did he do that? Or was it maybe a worldwide effect that simply coincided with Biden's presidency?

>>14759 Biden is just the most public case, but Europeans did worse both in spending lavishly and central banks fucking up in controlling inflation but also there are spillovers from the US monetary policy to the rest of the world to your pics (marking filenames hear not the order they appear in your post) 1 - Belarus 2 - US 3 - Brazil 4 - Japan or Switzerland with prolonged deflation

I still haven't found a job. Every shop in town is closing down or on the verge of closing. Every time I go outside I have to dodge dogshit like mines in a Bosnian forest because no one cares anymore. There's mounds of litter everywhere, even the rich parts of town. Everyone looks sickly and like a cartoon, even myself. Nothing in the skyline has changed since Tony Blair was in charge. I'm tired, bernd.

>>14763 In Australia if people don't pick up after their dog they get fined, so there isn't much dog poo at all.

>>14766 Same here and I will die on the hill to call out every boomer I spot not bending the knee for their dogshit.

>>14766 Same here except something like 40% of dog owners don't do it

>>14761 Yeah, KC messed up the order. Belarus was 3, Switzerland with its deflation was 4, 1 was US, 2 was Germany, IIRC. But the point was, Germany and the US are virtually indistinguishable and with some differences between countries, all share the same pattern around Biden's presidency. I guess the US is powerful, but not THAT powerful. Or if their internal spending has the effect on all our markets, we should nuke the fuck out of them because no internal policies should have such big effects. But I don't believe that Biden's spending had that effect and I don't believe that those four countries copied Biden's policies. So, my point was to call out your "if Lula does what Biden did, you're gonna get that inflation" as bullshit. Correlation and causation. As for causation, spending can either increase or decrease inflation, it's complicated. That's why economics isn't done in a bar by drunk people. Additionally, in the US, the federal reserve is responsible to keep prices stable/inflation down, not the president directly. And until very recently, the fed was more or less independent. So, blaming Biden is doubly stupid and wrong. How much Trump has a direct influence on fed decisions remains to be seen. Fun fact: Trump has been pressuring the Fed to cut interest rates, which would increase inflation (while lowering unemployment). So, if he gets what he wants and inflation goes up more than in other countries, we can clearly blame him.

>>14782 >As for causation, spending can either increase or decrease inflation, it's complicated nah, all other things being equal fiscal spending increases prices in the short period (at least irl where government can borrow): demand curve moving to the right I mean you could concoct some situation with negative sloping supply curve but it's utterly artificial >blaming Biden is doubly stupid and wrong fiscal policy is the direct task of the executive branch, not the Fed >Trump has been pressuring the Fed to cut interest rates, which would increase inflation true, but monetary policy works with a lag, so he may be right in that Fed should start easing already nevertheless, I am totally pre-Fed here: you need to resolutely get inflation back to target first

>>14789 >nah, all other things being equal fiscal spending increases prices in the short period Investment in infrastructure increases supply and lowers prices for example. >fiscal policy is the direct task of the executive branch, not the Fed While true, the fed has an explicit price-stability mandate. >I am totally pre-Fed here Do you mean pro? Just to be clear, I'm pro-nothing here. I'm recalling economics lectures and the recent news. While I have some basics, I don't have enough education or information to form a solid opinion.

>>14796 >Investment in infrastructure increases supply and lowers prices ah, okay but that's for longer period >an explicit price-stability mandate technically the Fed is a bit different from you paragon of inflation targeting central bank as they have a dual mandate: prices and employment. still, you're right on essence: they have been targeting inflation since Bernanke but it's just me being pedantic >o you mean pro? just wanted to stress that while Trump may be right on that the Fed may take a cut pre-emptively, it's the Fed who needs to decide what to do here. fuck politicians. do the job of stable prices done.

>>14590 Better than expected, still not good.

line has to go UP we're about to surpass a territory with US welfare

Graphic representation of my country economy.

>>14590 No.

>>14929 Certainly more interesting than what fucking Ash is up to.