

It isn’t to help them catch up, it’s to keep them limping along without collapsing entirely, while at the same time keeping them dependent so they don’t think of trying to escape. It has the same function as the IMF/World Bank.
/u/outwrangle before everything went to shit in 2020, /u/emma_lazarus for a while after that, now I’m all queermunist!
It isn’t to help them catch up, it’s to keep them limping along without collapsing entirely, while at the same time keeping them dependent so they don’t think of trying to escape. It has the same function as the IMF/World Bank.
In terms of larger countries, it has been beneficial for France and Germany, less so for Italy
It’s just a way for the wealthy metropoles to turn poorer members of the EU into neocolonies. Yeah, it’s great for rich Europeans! Not so much for everyone else. Without the ability to deficit spend (because they lack currency sovereignity) they are forced to do austerity and privatization. It’s just financial imperialism.
It’s a bad system and it will collapse.
Ask Greece or the other Mediterranean nations if they are better off without their own currency (hint: they absolutely aren’t)
Death to US is a basic statement of understanding that the US empire is the primary contradiction.
The EU as a whole is an interesting project, but the Eurozone currency bloc was a mistake. All it did was surrender everyone else’s currency sovereignty to Germany and France.
And death to the US.
Don’t give up sovereignity, even to allies! Alliances change, but even ignoring that, it’s akin to letting allies run your infrastructure or make your policies or own your water. It’s giving part of yourself away.
Data sovereignty is going to be key to maintaining any sovereignity going forward, it’s so vital to the function of society and the economy that outsourcing it to another country is just giving part of yourself away.
Sure, the working class is huge. There’s all kinds of people.
Still not the norm. Normal workers do not know or care who Soros is, what Davos is, or who the email recipient’s husband is.
Conspiracy theorists are generally small business owners or retirees living off investments; people with lots of leisure time to drive themselves nuts. The working class usually doesn’t have time to go down these conspiracy rabbit holes (it happens, but it’s not the norm)
Deepseek, Huawei, Tencent - China isn’t just a factory for the West anymore. They’re not the go-to for advanced tech, but they’ve become a go-to for advanced tech.
I think it’s too late to slow down their growth.
This is classic underdevelopment, like how Europe and the US deliberately withheld vital equipment and machinery from Africa to prevent them from building their own industrial base.
It’s obviously way too late for this tactic to make any sense, though. China can’t be underdeveloped, they’re becoming a tech leader at this point.
Over 100,000 Israelis have reportedly stopped showing up for reserve duty.
It’s not just a few anymore. Israelis are waking up and you shouldn’t be erasing the heroic Israelis who refuse to serve in the IOF. They’re also ethnic Israeli Jews, after all.
I think you’re in trouble if you swallow or inhale any batteries.
Socks? Check. Skirt? Check. Vape pen? Check.
It’s study time.
As if Google isn’t already crammed with Israeli spies. In fact, that’s probably why an Israeli company just got a sweetheart buy out from Google! This is just a continuation of a pre-existing issue Google already had.
Right, it doesn’t matter if automation is less productive if it’s cheaper. Sure, the robots keep causing damage, but they don’t ask for wages or sue when they get hurt rso that’s an acceptable cost of business.
Meanwhile here in Iowa our automated materials towing robots keep dumping shit on the floor, running into sensitive equipment, and injuring people.
(pst. they misjudged because of racism)
It certainly increases the legitimacy of Bitcoin and other crypto assets as investment vehicles, I won’t argue with that.
But the original point seemed to be that these are legitimate currencies, and I just don’t see it.
Yes, but even if the US started militarily enforcing bitcoin mining, is the US trying to control the value of Bitcoin, or is it trying to control the value of Bitcoin in USD? Is the US treating bitcoin like a commodity that it needs to control (oil, gas) or like a currency?
And yet they never catch up. Why do you think that is?
The goal is to keep them weak and dependent, not help them stand as equals with France and Germany.