▲ 624 ▼ Netherlands moves 86 tonnes of gold from US and Canada to UK (www.euronews.com) submitted 6 days ago by Tango@piefed.ca to c/world@lemmy.world 136 comments fedilink hide all child comments The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.
[–] HexesofVexes@lemmy.world 1 point 5 days ago (2 children) Ooh, do tell - what's happening over here that I've missed? permalink fedilink source parent hideshow 4 child comments replies: [–] theacharnian@lemmy.ca 4 points 5 days ago* (3 children) The UK is sleepwalking towards fascism. Same as France and Germany. Not that the left isn't fighting tooth and nail against it but there is still a very strong pull towards authoritarian right wing politics and moderate centrists are not ready to stop licking oligarch boots. permalink fedilink source parent hideshow 6 child comments replies: [–] echodot@feddit.uk 3 points 5 days ago (1 child) I don't know where you're getting this view from. Of course this right wing extremists, there always has been, but they're no more likely to achieve power now than they were 10 years ago. If anything trump's antics have brought their behavior into sharp relief. Since everyone can see how much of a disaster and extremist right-wing government would now be, because they're all exactly like Trump. permalink fedilink source parent hideshow 2 child comments replies: [–] theacharnian@lemmy.ca 2 points 5 days ago (1 child) I'm getting this view from the opinion polls that show the AfD ahead and LePen beating Mélenchon in the second round. And even though Burnham seems to enjoy a boost bringing him slightly ahead of Farage, this is the honeymoon period and I don't believe that he will break enough establishment eggs in a left populist direction to reverse the longer term trend. permalink fedilink source parent hideshow 2 child comments replies: [–] echodot@feddit.uk 1 point 5 days ago* (1 child) The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date. permalink fedilink source parent hideshow 2 child comments replies: [–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent [–] jabjoe@feddit.uk 1 point 5 days ago Russian, and now American, money pouring into the far right nutters. permalink fedilink source parent [–] anarchy79@lemmy.world 1 point 5 days ago Right wing extremism sponsored by Russia no less. permalink fedilink source parent [–] theneverfox@pawb.social 1 point 5 days ago (1 child) Wild over-financialization? permalink fedilink source parent hideshow 2 child comments replies: [–] HexesofVexes@lemmy.world 1 point 5 days ago (1 child) As in vulture capitalism, or something else. permalink fedilink source parent hideshow 2 child comments replies: [–] theneverfox@pawb.social 1 point 4 days ago As in the money in the UK is not freely flowing through the real economy, the one where money has a healthy velocity (eg the same pound flows from the carpenter to the baker to the electrician to the cafe worker and leaves everyone involved enriched by goods and services) Instead, the lion share of the money is tied up in London playing games with math. It's not even investments that create more economic activities... It's just making money on paper It means that while the GDP looks good on paper, the velocity of money continues to drop and the real economy is being starved It's also a severe problem in the US, but long story short, when the US economy pops the UK economy is going to also be thrown into chaos permalink fedilink source parent
[–] theacharnian@lemmy.ca 4 points 5 days ago* (3 children) The UK is sleepwalking towards fascism. Same as France and Germany. Not that the left isn't fighting tooth and nail against it but there is still a very strong pull towards authoritarian right wing politics and moderate centrists are not ready to stop licking oligarch boots. permalink fedilink source parent hideshow 6 child comments replies: [–] echodot@feddit.uk 3 points 5 days ago (1 child) I don't know where you're getting this view from. Of course this right wing extremists, there always has been, but they're no more likely to achieve power now than they were 10 years ago. If anything trump's antics have brought their behavior into sharp relief. Since everyone can see how much of a disaster and extremist right-wing government would now be, because they're all exactly like Trump. permalink fedilink source parent hideshow 2 child comments replies: [–] theacharnian@lemmy.ca 2 points 5 days ago (1 child) I'm getting this view from the opinion polls that show the AfD ahead and LePen beating Mélenchon in the second round. And even though Burnham seems to enjoy a boost bringing him slightly ahead of Farage, this is the honeymoon period and I don't believe that he will break enough establishment eggs in a left populist direction to reverse the longer term trend. permalink fedilink source parent hideshow 2 child comments replies: [–] echodot@feddit.uk 1 point 5 days ago* (1 child) The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date. permalink fedilink source parent hideshow 2 child comments replies: [–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent [–] jabjoe@feddit.uk 1 point 5 days ago Russian, and now American, money pouring into the far right nutters. permalink fedilink source parent [–] anarchy79@lemmy.world 1 point 5 days ago Right wing extremism sponsored by Russia no less. permalink fedilink source parent
[–] echodot@feddit.uk 3 points 5 days ago (1 child) I don't know where you're getting this view from. Of course this right wing extremists, there always has been, but they're no more likely to achieve power now than they were 10 years ago. If anything trump's antics have brought their behavior into sharp relief. Since everyone can see how much of a disaster and extremist right-wing government would now be, because they're all exactly like Trump. permalink fedilink source parent hideshow 2 child comments replies: [–] theacharnian@lemmy.ca 2 points 5 days ago (1 child) I'm getting this view from the opinion polls that show the AfD ahead and LePen beating Mélenchon in the second round. And even though Burnham seems to enjoy a boost bringing him slightly ahead of Farage, this is the honeymoon period and I don't believe that he will break enough establishment eggs in a left populist direction to reverse the longer term trend. permalink fedilink source parent hideshow 2 child comments replies: [–] echodot@feddit.uk 1 point 5 days ago* (1 child) The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date. permalink fedilink source parent hideshow 2 child comments replies: [–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent
[–] theacharnian@lemmy.ca 2 points 5 days ago (1 child) I'm getting this view from the opinion polls that show the AfD ahead and LePen beating Mélenchon in the second round. And even though Burnham seems to enjoy a boost bringing him slightly ahead of Farage, this is the honeymoon period and I don't believe that he will break enough establishment eggs in a left populist direction to reverse the longer term trend. permalink fedilink source parent hideshow 2 child comments replies: [–] echodot@feddit.uk 1 point 5 days ago* (1 child) The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date. permalink fedilink source parent hideshow 2 child comments replies: [–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent
[–] echodot@feddit.uk 1 point 5 days ago* (1 child) The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date. permalink fedilink source parent hideshow 2 child comments replies: [–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent
[–] jabjoe@feddit.uk 1 point 5 days ago I wish that was true. So Greens just won Dover, "yeah!" except..... if you add up the right parties, it is over 50%. So it's not actually good news. Plus there is still more left parties for the vote to be split over. I just hope the right can't consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists. permalink fedilink source parent
[–] jabjoe@feddit.uk 1 point 5 days ago Russian, and now American, money pouring into the far right nutters. permalink fedilink source parent
[–] anarchy79@lemmy.world 1 point 5 days ago Right wing extremism sponsored by Russia no less. permalink fedilink source parent
[–] theneverfox@pawb.social 1 point 5 days ago (1 child) Wild over-financialization? permalink fedilink source parent hideshow 2 child comments replies: [–] HexesofVexes@lemmy.world 1 point 5 days ago (1 child) As in vulture capitalism, or something else. permalink fedilink source parent hideshow 2 child comments replies: [–] theneverfox@pawb.social 1 point 4 days ago As in the money in the UK is not freely flowing through the real economy, the one where money has a healthy velocity (eg the same pound flows from the carpenter to the baker to the electrician to the cafe worker and leaves everyone involved enriched by goods and services) Instead, the lion share of the money is tied up in London playing games with math. It's not even investments that create more economic activities... It's just making money on paper It means that while the GDP looks good on paper, the velocity of money continues to drop and the real economy is being starved It's also a severe problem in the US, but long story short, when the US economy pops the UK economy is going to also be thrown into chaos permalink fedilink source parent
[–] HexesofVexes@lemmy.world 1 point 5 days ago (1 child) As in vulture capitalism, or something else. permalink fedilink source parent hideshow 2 child comments replies: [–] theneverfox@pawb.social 1 point 4 days ago As in the money in the UK is not freely flowing through the real economy, the one where money has a healthy velocity (eg the same pound flows from the carpenter to the baker to the electrician to the cafe worker and leaves everyone involved enriched by goods and services) Instead, the lion share of the money is tied up in London playing games with math. It's not even investments that create more economic activities... It's just making money on paper It means that while the GDP looks good on paper, the velocity of money continues to drop and the real economy is being starved It's also a severe problem in the US, but long story short, when the US economy pops the UK economy is going to also be thrown into chaos permalink fedilink source parent
[–] theneverfox@pawb.social 1 point 4 days ago As in the money in the UK is not freely flowing through the real economy, the one where money has a healthy velocity (eg the same pound flows from the carpenter to the baker to the electrician to the cafe worker and leaves everyone involved enriched by goods and services) Instead, the lion share of the money is tied up in London playing games with math. It's not even investments that create more economic activities... It's just making money on paper It means that while the GDP looks good on paper, the velocity of money continues to drop and the real economy is being starved It's also a severe problem in the US, but long story short, when the US economy pops the UK economy is going to also be thrown into chaos permalink fedilink source parent