nvm a restart fixed it this happend due to accidentally holding down the down arrow for about 40 minutes. anyone know what on earth is happening here?...
Mexico is breaking off diplomatic ties with Ecuador after police broke into the Mexican Embassy in Quito to arrest a former Ecuadorian vice president who has sought political asylum there after being indicted on corruption....
This Mexican President has been one of the most corrupt and inept presidents in Mexican history. Allied with organized crime and purposeful in his approach to corrupt and destroy the Mexican Army.
He’s also not in good terms with the Industry leaders that could do an embargo with Ecuador. A country that has been infiltrated severely by Mexican narcos, who were also trying to influence their elections by assassinating candidates.
Dude has also criticized the US, Mexico’s most important partner and a strong backer to make Mexico influential in Latin America.
There’s nothing AMLO can do but to make symbolic gestures.
NASA’s Voyager 1 spacecraft has experienced a computer glitch that’s causing a bit of a communication breakdown between the 46-year-old probe and its mission team on Earth.
Much like with Katrina, Acapulco has been completely destroyed.
Unlike Katrina, there’s absolutely zero support for the people of Acapulco. The Army or the Navy didn’t get there. There were no shelters. No food distribution, no local or state government.
While the Red Cross was able to get there, the government is now saying they won’t let humanitarian relief get there, and only the army will help…of course, the army wasn’t even able to get the president to Acapulco, because the idiot decided to go by land…and hit stuck in mud.
Homes in Acapulco are not insured, and the fund for disasters that the coincided to have to help in situations like this has been depleted.
I don’t condone stealing…but there are no food supplies and people needed to get something. The looters that took TVs, and such…personally I thought it was stupid…and then I realized something: In a video someone yelled: “Walmart is insured…”. These people know they have lost it all, and they will never get it back. There ways of providing for their family are gone. As a human, I don’t blame them from wanting to get back something…I think it’s kind of dumb…but now I get why they did it. Walmart will get paid, but their life’s are ruined.
A lower Inflation rate doesn’t equate to lower prices. It equates with those prices not rising as much and as fast…but as long as the rate is positive, those prices are still going up.
Republican presidential candidate and North Dakota Gov Doug Burgum is offering $20 gift cards to donors who give $1 to his campaign — but some supporters of Joe Biden say they have been funneling the gift card money to the president’s re-election campaign.
Actually, inflation by itself is a natural phenomenon,
associated to the growth of the population. Deflationary trends are actually symptoms of something far worse happening.
In order for inflation not to exist, growth and access to natural resources should match the growth of populations.
In a Utopian society, a la Engels, the growth and access to those natural resources would be controlled to match the growth and access needs of the population, thus helping humanity not to experience inflation. But of course, that also denies humanity, and humanity’s ambitious nature.
In reality, the growth and access to those resources is controlled for many reasons, which in many cases, have nothing to do with ambition. For example the geographical access to certain commodities can be used to barter for resources or commodities inaccessible in that community.
And of course, there’s ambition and the discovery that owning a resource gives us the power to demand more for it, and not only have a better live, but have access to anything we want.
When there’s a disruption in one resource, as far as accessibility to it, it has a chain reaction that affects everything else.
Take the war in Ukraine and it’s repercussions across the world. The two resources that have been disputed right now is wheat and oil. Two of the major suppliers of indispensable commodities in the world are at war and their commodities are inaccessible or hard to obtain. Just the shortage of wheat has significant implications in the food that is processed for consumption around the world, because it’s not only used to feed humans, but other sources of meat for humans.
But what happens in a deflationary trend? One would think we just produced more of something and we have to sell it at a lower price, until we get back to an equilibrium of supply and demand. But it’s not that simple. Causes of deflation could be:
A) Lower numbers of population. While access to the natural resource is there.
B) Overproduction of a certain good.
The first one, indicates that either people are dying, leaving or not reproducing. And the demand is lowering constantly.
Now, think about why would people leave a community. A quick example: crime. Two examples: People leaving their towns in rural Central America for the US, or in Africa for Europe because their home towns are overrun by warlords, gangs and drug cartels. Likewise, communities in the US that are run by drugs and crime is rampant. You have a choice to flee or die.
The second one speaks about the over production of something. By default, companies don’t try to over produce, because the costs associated to storage and maintaining an inventory could eat up on their earnings. But there are times when overproduction happens because of a bubble. The easiest example for this, is the Tulip crises of the 1400s. Tulips became a sought after commodity that the prices started going up. Suddenly Tulios went from a nice flower to an investment. A bubble was created. People decided that it was a better investment to buy and sell tulips, than plant wheat, or sell meat, which drove the prices of food up; some people even mortgaged their home or land to invest the money in Tulips. For a time, that created wealth and people spent it in luxury. And then, Tulips were over produced and came out of style. Demand disappeared almost instantly. And then people didn’t have money to pay their debts, to buy food, live in a safe place. Famine and plagues started…and prices went down because there was no demand for anything.
So…that’s why you don’t want to see a lot of either, inflation or deflation, but it’s also why you see more inflation than deflation.
Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app's advertising system with Google Ads technology, without giving details on the number of layoffs.
Following each race weekend this year, theScore's editors offer their takeaways. We continue the 2023 schedule with the Canadian GP. Anadolu Agency / Anadolu Agency / GettyMax's pursuit of historyMax Verstappen's third drivers' championship - or second, depending on how you view what happened in Abu Dhabi - is essentially in the...
The Offspring, The Beastie Boys, Van Halen w/DLR, and the B52s. Are there other bands that rock, but are often silly/goofy and funny?
Uuh grub? (programming.dev)
nvm a restart fixed it this happend due to accidentally holding down the down arrow for about 40 minutes. anyone know what on earth is happening here?...
Economics professor at Emory University that was thrown to the ground, admitting hitting cop during protest. (twitter.com)
There are always two sides of the story.
Mexico's president says his country is breaking diplomatic ties with Ecuador after embassy raid (apnews.com)
Mexico is breaking off diplomatic ties with Ecuador after police broke into the Mexican Embassy in Quito to arrest a former Ecuadorian vice president who has sought political asylum there after being indicted on corruption....
‘I’m trying to give you a better deal’: Customer pulls gun on Burger King employee for giving him a discount (www.firstalert4.com)
DVD-like optical disc could store 1.6 petabits (or 200 terabytes) on 100 layers (www.techspot.com)
Voyager 1 stops communicating with Earth (edition.cnn.com)
NASA’s Voyager 1 spacecraft has experienced a computer glitch that’s causing a bit of a communication breakdown between the 46-year-old probe and its mission team on Earth.
Ferrari's application to have the replacement PU, ES and CE for Sainz not counted against their allocation denied (lemmy.world)
House GOP approves cutting EPA budget by nearly 40 percent (thehill.com)
IHouse Republicans approved legislation Friday that would slash nearly 40 percent of the budget for the Environmental Protection Agency (EPA)....
Mexicans loot shops after Hurricane Otis devastates Acapulco (www.telegraph.co.uk)
Mexico's president slams US aid for Ukraine and sanctions on Venezuela and Cuba (apnews.com)
López Obrador said the United States should spend some of the money sent to Ukraine on economic development in Latin America....
New Jersey Sen. Bob Menendez says he won't resign (www.nbcnews.com)
Mexico supreme court decriminalizes abortion across country (www.theguardian.com)
Mexico’s supreme court has decriminalized abortion across the country, two years after ruling that abortion was not a crime in one northern state....
Canada’s inflation rate is plummeting, so why are grocery prices still so expensive? (www.ctvnews.ca)
TLDR; climate change, Russia, supply chain not recovered, labor shortages; more price increases expected :/
News: Biden supporters exploit Republican’s $1 donation cashback campaign pledge: ‘I gave $1 to you and $20 to Biden’ (www.independent.co.uk)
Republican presidential candidate and North Dakota Gov Doug Burgum is offering $20 gift cards to donors who give $1 to his campaign — but some supporters of Joe Biden say they have been funneling the gift card money to the president’s re-election campaign.
How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases? (lemmy.dbzer0.com)
It's Race Week! Let's talk about the Hungarian Grand Prix
What are your favourite moments from the Hungarian GP?...
Desperate or just business as normal? (www.techtimes.com)
Make content, get paid.
Biden renews call for assault weapons ban after ‘tragic and senseless’ spate of July 4 shootings (www.independent.co.uk)
President says ‘epidemic of gun violence is tearing our communities apart’ after mass shootings in Philadelphia, Fort Worth, Baltimore and Chicago
After all the penalties at Austria
Google lays off staff at its mapping app Waze (www.reuters.com)
Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app's advertising system with Google Ads technology, without giving details on the number of layoffs.
FIA warning spells trouble for Red Bull hopes of continuing F1 dominance (www.planetf1.com)
The FIA claim it is "only a matter of time" before the F1 pack converges and the all-conquering Red Bull dominance is no more.
Canadian GP Takeaways: Max matches Senna, Albon shows promise, pursuit for 2nd (www.thescore.com)
Following each race weekend this year, theScore's editors offer their takeaways. We continue the 2023 schedule with the Canadian GP. Anadolu Agency / Anadolu Agency / GettyMax's pursuit of historyMax Verstappen's third drivers' championship - or second, depending on how you view what happened in Abu Dhabi - is essentially in the...
2023 Canadian Grand Prix Closing Thread
As nothing else has been posted, I figured I'd open this up to discussion....