#Government Borrowing

[authne]

India's Debt: Not Risky as China's, But rather Still a Concern

India’s debt is a complicated issue with a long history. The country’s debt-to-Gross domestic product proportion has been on a consistent ascent lately, and presently remains at 81.9%. This is like China’s debt-to-Gross domestic product proportion of 83%. In any case, the dangers related with India’s debt are not so perfect as China’s. India has a more youthful populace and a higher development…

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#Debt sustainability #Debt-to-GDP ratio #External debt #Fiscal deficit #Government borrowing #India&039;s debt #Public debt

[commonsensecommentary]

More debt. And more debt. And still more debt. Soon enough, America as we know it is dead.

#leadership #government #biden #debt #debt ceiling #debt crisis #national debt #government spending #borrow and spend #save america

[thatscarletflycatcher]

Short documentary by the American government about my country (despite the Spanish title, the video is in English)

Another one, focused on education.

#Uruguay #historical footage #it's such a curious and informative watch #on one hand because it's really sad in the way I as a contemporary uruguayan can see all the ways #in which we have decayed #But also seeing an American-government-made documentary that so heavily praises #in a wwii and early cold war context #things that would nowadays sound socialist/communist to American ears #Also stuff like seeing the Social Security Bank building surrounded by very small trees #that I have seen as these huge old trees all my life #pretty much everyone on that footage is gone #but the trees remain #borrowing fictionadventurer's tag #history is awesome #but in a primary sources way rather than an amazing history way #also hear me mourning the destruction of the low and middle range national production of wool #Youtube

[bl00dw1tch]

Ive been having lots of talks lately with my mom abt politics n the state of the world, Good conversations to be sure, and theyre great bc we both make good points and can compare different experiences and all -- but good God the fact that she's still seems to have. More subconscious faith in the moral integrities of the nebulous concept of a government or corporation More than she has faith in the the moral integrity of the nebulous concept of our societal peers. She talks about it like the Second a group like that is founded, its set of ethics just Miraculously appears out from the ether + just happens to Always be morally sound by default. I cant seem to find a way to word things that with like... idk. Help it Click that those corporations are still run by People and are therefore just as fallible 💀 technically More so but she's convinced capitalism is Never going to go away so she doesn't care about the whole "company's and governments in power, as they exist today, Have A Monetary Incentive To Lie To Us As Much As They Can" thing cuz shes such a damn pessimist and assumes All people have been doing that Forever 💀💀💀 SIGH it's nbd i just needed to put it in words bc its been on my mind on and off

#horse.txt #vent // #not extremely sad just like. huffy. #i love my mom to pieces but. man. we all have our issues ig 😔 it would just be nice if she wouldn't talk to me about how #the world is only every going to get worse within my lifetime #with a shrug and a laugh like 'what can ya do?' like ma. to your own adult child's face? when im already clearly upset with the state of #the world? not when im trying to talk about the kind of changes that other people are proposing we make to our overall society? #she gets so bitchy at me for always complaining but never Doing anything to change the world #but then She complains and agrees with me?? and then ALSO denounces all the Suggestions i tell her abt bc 'oh that would never work lol' #and then when i ask her 'ok well what would You do?' and she go well i think we need to get rid of credit cards and the debt system we have #and im like ok sick!!! keep going!!! #and then she goes OH but we cant get Rid of the debt system Completely bc people still need to borrow from lenders to get houses n cars #and im just. MA #shes been stuck on this metaphor of America being 'a house' #and she says all the ideas of overthrowing the government and replacing it with Anything else would be 'burning it down' #and that if America is already On fire then we should just put it out and try to rebuild it #like 1.) America is not a House it is a Cult. America is a group of people on an area of land. not a fucking House. #2.) THERE ARE PEOPLE RUNNING AROUND THE CULTHOUSE WITH FLAMETHROWERS AND GUNS TO SCARE AWAY AND/OR KILL ANYONE WHO TRIES TO PUT IT OUT. #ITS GOING TO BURN DOWN ANYWAY

[iridescent-glitter-dragon]

I love characters who try so hard to be cold-hearted and self-interested but just cannot help caring

#blorbo #decided to rewatch #burn notice #michael westen #he starts the job in the pilot trying to be only in it for the money #and he ends up borrowing binoculars from his government-issued stalkers #so he can see how well the kid stands up to bullies with his advice #(i especially love how he actually says he's bad at not caring) #anyway #tag your blorbos

[atozofsoftwareengineering]

The Revolution of Decentralized Finance (DeFi)

Hey friends! 🌐 Check out this eye-opening blog on the game-changing #DeFi revolution, featuring current benefits and exciting future directions. Explore #financialinclusion, #privacy, #governance, and more in the future of finance! 🚀

In the rapidly evolving landscape of the financial world, a disruptive force has emerged, challenging traditional banking systems and revolutionizing how we handle money. Decentralized Finance, commonly known as DeFi, is an innovative concept built on blockchain technology that empowers individuals with greater financial autonomy, transparency, and inclusivity. In this blog, we will explore the…

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#accessibility #Benefits of DeFi #Borderless Transactions #Borrowing #compliance #Control #Cross-Chain DeFi #decentralized finance #Decentralized Identity #Decentralized Lending #DeFi #DeID #Financial Inclusion #Financial Revolution #Future of DeFi #Governance Improvements #Green DeFi #Innovation #Insurance #Interoperability #Liquidity #ownership #Privacy Solutions #Programmable Smart Contracts #Real-World Asset Integration #regulation #Risk Mitigation #scalability #Security #Sustainability

[otter-byte]

Living with someone who reads news.com regularly is so tiring sometimes. "oooh we pulled out of the Commonwealth Games because the premier is shifty and there's absolutely something he's not telling us" actually no it's because the estimated cost tripled and you can't take on infinite debt for a project that generates near zero revenue, sometimes it really just isn't that complicated. "but why did he accept it a few years ago then???" Because he's a politician so for some reason he trusts completely unrealistic cost estimates and revenue projections, they literally all do because they're idiots surrounded by other idiots

#like yeah as a government you can basically take out as many loans as you want but only because they pay off in the 30 year term #you cant just borrow money that wont pay itself back. banks dont exactly like that #lmao shut up haz

[kittykatinabag]

Have I fully exorcised the capitalism and neoliberalism from my brain?

No.

Am I seemingly light years ahead of most of the other geography masters students here?

Yeah. Just a bit.

#we were talking about how were all not excited about the gis test on wednesday #i said im alright with failing it if the prof doesnt let us look up what tool names we need to do analyses #because outside of being a student literally everyone googles shit they dont know or asks someone for help #and the whole concept of teating on memory in this day and age is frankly ridiculous especially at masters level #and they could not fathom my viewpoint. kept saying theyd be so upset #look i wouldnt be happy about it probably do a tantrum when i got home but life goes on #even if i end up short on credits for some god forsaken reason that this test causes me to not pass the class ill just do another semster #ill borrow more money from the us government and finish the program off. not a huge deal. #annoying but not the end of the world #ive been through worse and even that didnt stop the world from turning #yes i have immense privileges to be able to be zen about this #but also i have learned that stressing about grades as a measure of worth is useless #just a bad exernal form of validation

[a-god-in-ruins-rises]

not many people talk about the american populist movements in the late 19th century. they actually advocated for increased government regulation of commerce, the implementation of an income tax, eight-hour workdays, and the issuing of “free silver” as a form of fiat currency. 

#unfortunately they opposed national banks #but they also wanted to borrow money from the government #which is what the national bank was historically for #so i think they were maybe a little confused #but they had the right spirit

[commonsensecommentary]

“The fantastic—and profoundly damaging—Faustian bargain of total security in exchange for total control that has been the premise for the incredible growth of government and government oversight over the past century is coming to a close both because we cannot afford it and its false promise has been exposed.” (From my blog archive)

#government #democracy #leadership #save america #government control #government regulations #government spending #government tyranny #taxes #tax and spend #borrow and spend

[neotaissong]

via @wizard_bisan1

21 January 2024

Hi everyone, it’s Bisan from Gaza, I am still alive Alhamdullah.. it’s been 107 days of genocide, 15 weeks, 2568 hours of killing us, taking over our homes and lands in Gaza Strip, and forcing us to choose between leaving or death.. and sometimes we can’t even choose.. the Israeli air strikes simply kill us without any warnings. Now, we are without any connection, neither the internet nor the cellular, we can’t reach each other’s inside Gaza, we don’t know if our families and friends are alive or not, wounded or not.. still in their places or not! We take hours of walking and searching to reach someone, while moving became very risky! We can’t reach to you as well! The footage, information and news from Gaza are not reaching you as before because the Israeli army intentionally destroyers the signal towers and the servers, even using the E-SIM requires being in a high place which is very risky!. I borrowed this vest to upload this post! I am not scared of death, but of being displaced, scared of losing my family or friends, scared of being wounded and can’t have my treatment because the health system is collapsed in Gaza, and to die in pain! I am not scared of the destruction.. I lost my work place.. my home and my family work place and source of income, I am terrified of being killed by an occupier, and to be forgotten, one oppressed Bisan of a whole occupied people. The strongest governments and weapons manufacturers are supporting this genocide against my people, and you are our only hope! STRIKE globally and call for a ceasefire! Strike, protest, stop the economic movements and make pressure on your countries to stand against this and stop it, if ISRAhell don’t find the financial and weapons support, or governments to hide their crimes they will be forced to stop the genocide! Go to the streets, protest and Globally strike for a week, (21-28) January! YALLA Brave and free people of the world, CEASEFIRE NOW!

#undeniable #wizard bisan1 #bisan #bisan owda #ceasefire now

[overexciteddragon]

Punk is whatever the state fucking hates so I'm sorry to announce to the functionally conservative but contemporary punk isn't leather jackets and punk rock from the 2000s, it's hyperfemininity, it's transsexualism, it's kinky leather harnesses, it's polyamory, it's Black female rappers, it's reading books from the library, it's pirating media, it's sharing your Netflix and Prime and Spotify passwords, it's patching up your thrifted clothes with cute embroidery until they're in tatters, it's "borrowing" groceries from corporations that make up inflation that doesn't exist, it's supporting small weird freaky artists on Etsy instead of buying the newest Official™️ boring low effort promotional image enamel pins, it's drawing and writing the raunchiest most disgusting and freaky porn you could possibly fathom, it's showing off your tits or top surgery scars in public, it's cis women packing and cis men tucking, it's dykefags and fagdykes and boylesbians and girlgays, it's paying for OnlyFans of trans people fisting themselves, it's making up new genders and sexualities and romantic orientations and editing whole new flags for them, it's refusing to label yourself for the gratification of a government that wants to know under what misspelled drafty legislation they should legally kill you

Punk is being/supporting whatever the state currently fucking despises and wants to burn off the face of the earth, not whatever you think is Punk Aesthetic. If you wanna be punk just to look like you were born in the 80s instead of actually BEING PUNK by supporting the degenerates and the freaks and the sex workers and the BIPOC and the transsexuals and the faggots and the dykes, burn your fucking $800 corp bought leather jacket because you're not Hobie Brown you're just a fucking poser.

Punk is fighting the system beside the ones the system is fighting against, Punk isn't a Pinterest moodboard.

#punk #queer #personal #I SAID IT

[batboyblog]

Things Biden and the Democrats did, this week.

The Consumer Financial Protection Bureau put forward a new regulation to limit bank overdraft fees. The CFPB pointed out that the average overdraft fee is $35 even though majority of overdrafts are under $26 and paid back with-in 3 days. The new regulation will push overdraft fees down to as little as $3 and not more than $14, saving the American public collectively 3.5 billion dollars a year.

The Environmental Protection Agency put forward a regulation to fine oil and gas companies for emitting methane. Methane is the second most abundant greenhouse gas, after CO2 and is responsible for 30% of the rise of global temperatures. This represents the first time the federal government has taxed a greenhouse gas. The EPA believes this rule will help reduce methane emissions by 80%

The Energy Department has awarded $104 million in grants to support clean energy projects at federal buildings, including solar panels at the Pentagon. The federal government is the biggest consumer of energy in the nation. The project is part Biden's goal of reducing the federal government's greenhouse gas emissions by 65% by 2030. The Energy Department estimates it'll save taxpayers $29 million in the first year alone and will have the same impact on emissions as taking over 23,000 gas powered cars off the road.

The Education Department has cancelled 5 billion more dollars of student loan debt. This will effect 74,000 more borrowers, this brings the total number of people who've had their student loan debt forgiven under Biden through different programs to 3.7 Million

U.S. Agency for International Development has launched a program to combat lead exposure in developing countries like South Africa and India. Lead kills 1.6 million people every year, more than malaria and AIDS put together.

Congressional Democrats have reached a deal with their Republican counter parts to revive the expanded the Child Tax Credit. The bill will benefit 16 million children in its first year and is expected to lift 400,000 children out of poverty in its first year. The proposed deal also has a housing provision that could see 200,000 new affordable rental units

#good news #thanks Biden #Joe Biden #Democrats #climate change #student loans #poverty #housing