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Joined 4 months ago
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Cake day: November 18th, 2024

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  • US is in a state of slow implosion. Rest of the world needs to look at collaborating while excluding the US.

    My guess is China will fill the void left by the disintegration of USAID in order to boost its global standing.

    I strongly encourage all nations to begin violating US intellectual property rights. Nations like India already do so with pharmaceuticals.

    Eventually other nations will need to take on the mantle of tech and pharmaceutical research and development and we don’t want to live in a world where all this progress is lost.

    Americans have chosen to nuke their own democracy and we need to minimize the damage done to the rest of the world as much as possible.



  • shawn1122@lemm.eetomemes@lemmy.worldThis one's for the Americans
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    1 month ago

    They’re part of the consumer price index, a measure of inflation which in turn impacts the fed interest rate. A high rate means a high cost of borrowing which is bad for business (especially small business / start ups).

    For most people it just contributes to the cost of living crisis but it has greater implications on the economy as a whole.

    Trump has promised a reduction in interest rates this year while nearly all of his policies are designed to worsen inflation in the short term.