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Cake day: June 9th, 2023

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  • Not necessarily. As long as the debt is invested well, it is absolutly fine. If the debt is used to increase the size of the economy, that means more taxes and hence the debt can pay itself. The other scenario is the government investing into something, which increases in value. Keep in mind that the governments rates are lower the private rates, so if a government builds a lot of housing for its citizens, that increases debt, but is still cheaper then everybody building their own housing themself. Similar effects can be had by buying companies.

    Debt is a tool, it can be used for both good and bad. It really depends on how good the government is.



  • However many of the rich countries are in debt in currency they control. The US, China and the EU mostly borrow in dollar, RMB and Euro. So if they have a massive debt crisis they just print a lot of money and can pay back the debt. That comes with inflation, but that is not that bad.

    The poorest countries in the world mainly borrow in USD, which they can not just print. They have to net export to get USD to pay back debt. Add to that other massive problems. Afghanistan, Yemen, Syria and Ethiopia all have ongoing civil wars, Chad is landlocked and the country it would trade through is currently in a civil war. North Korea is sanctioned to hell and back. That makes paying back any debt much harder.





  • Moving away from Office and Windows and so forth is a nightmare for any larger company. If you use specialized software, it might very well only run on Windows or only have an integration into Office. Even if you could, you then have to retrain staff to use Libre Office, Linux and other alternatives. You also will have problems converting, changing servers and so forth.

    So companies just do not switch. That is how Microsoft makes money. They really do not care that much about private users. That is only usefull so people can use their products.



  • Not at all. The judges appointed by the opposition party, protect the laws made by the opposition party, when they were in government. This way the government can not just ignore those laws. So most countries have very long term limits for judges to deal with that. Hence a single government can not just stack the courts. Term limits are used, so no single government just happens to be able to appoint a lot more judges then usual. However even with the term limit being death, a court like the US supreme court has judges appointed by five different presidents for example.








  • It does a few things. First of all Russia seems to lack military assets in the region, so Ukraine can advance rather easily. Russia has to take back that land, otherwise Putin looses a lot of his reputation and it is obviously something to be traded in in peace negotitations. So Russia has to move troops and material from where they have them, which is in the south. Ukraine has been blowing up train engines, so that is not easy and Russia has been loosing tanks, ifv and all sorts of other vehicles for years. They also need more fighting power to push the Ukranians out, which is most likely going to happen. In the meantime Ukraine gets to shoot at unorganized units setting up, take hostages and really make the Russians think about the war being worth it.

    If Ukraine pushes far enough, there is a very defensible line further north, which is shorter and mostly protected by rivers. However that is really pushing it. However if I would be Ukraine, now would be a great time to blow up the Kerch bridge. F-16 just arrived and with that probably some intressting new missiles.


  • The last budget also only had €4billion for Ukraine aid. That was increased by €3billion to the €7 billion actually send in the end. The reason for that is simple. We do not know how the war will continue or even if. So the German government signs big deals with the military industry, which give the industry the ability to set up large scale production, but allow the German government to stop ordering more weapons quickly. Then additional funding is approved as need be. So if somebody takes Putins job and makes peace with Ukraine, Germany does not send unneeded arms to Ukraine.

    Sorry, but that is the background. German government communication sucks for a lot of reasons.


  • Correct on a per capita bases Portugal has been growing much much faster then Germany. The simple truth it that Germany is not benefiting from austerity either. What should happen is that the German government massively increases spending. This would turn Germany from a net exporter, to a net importer. That allows the PIIGS to export products to Germany paying down the debt, but it also stimulates the economy. Germany profits from the increased spending as well.

    The simple truth is that German life expectancy is declining since a couple of years(being below Spain, Italy and Portugal btw). Median wealth of Italy, Spain and Portugal is higher then that of Germany, which is only slightly higher then that of Greece. Real wages in Germany have gone up by 3.8% over the last decade(not annually but the entire decade).

    The only ones who really profit from this austerity are the super rich. Other then that it is as bad a policy for Germany as it is for Italy, Portugal, Spain or Greece.



  • If only Germany would not be willing to recognice Palestine, then this might happen, but that is not the case. France and Italy the two next most powerfull countries do not recognice Palestine either.

    Germany is usually fairly happy with the current state of the EU. The things Germany wants to change are usually also supported by Spain and that means blackmail is harder. The only exaption to that is finance. However Spain is not going to let billions go to waste to have Palestine recogniced. That is just more of a symbol, rather then massivly important.

    Also Germany leaving the EU would cause some massive problems in other EU countries as well. They would hardly be cheering for it.