Mass immigration into a housing shortage in order to push down wages, artificially invert the Phillips curve, and prop up housing prices will as well. I assume rising support for the afd is mostly the young.
https://tradingeconomics.com/germany/housing-index
https://recruitonomics.com/wp-content/uploads/2023/07/DE3-Net-migration-1024x565.png
They think hedge funds are still shorting it, and that if they hold long enough they will default.
Why Alvin tho?
The real problem I see is its tied to our money supply.
-The mortgage acts as a gatekeeper for an inelastic good that is necessary for life and procreation, hence the youth are forced to sign up for it, which grows the money supply when they take out the mortgage. This means the price is always being bid up and will fill whatever available debt bucket people can attain.
-This newly created currency goes from the bank to the boomer, the boomer spends the money, and it grows aggregate demand.
-This then funnels down into goods prices, counteracting deflation due to technological progress; counteracting CPI deflation such as hedonic adjustments and subtitutions; counteracting money taken out of circulation rather than being spent, by it being invested into alternative investments; leading to our 2% inflation target.
If the price of homes fall then you get a virtuous cycle of people no longer taking out mortgages, as no one wants to catch a falling knife, leading to a dramatic fall in the money supply. So instead we push the bubble higher until it finally becomes unsustainable. Its really a fundamental problem with our entire monetary system as far as I see it, and will inevitably always lead to the kind of demographic collapse we are seeing.
I lived, I laughed, I ate avocado toast.
Shut up uncle Joe, Charlie needs to cook!
Its to supports good American union jobs according to Trump. Which was how tariffs were sold the last time as well. It went pretty stupidly as expected.
Or just put a cap on donations and block corporate donations?
This is a CBDC that she wants, something they have been talking about for years. Likely they want this because many European countries wont be able to survive higher interest rates caused by aging demographics, as the US high interest rates suck up global liquidity making rolling over debt more expensive.
They will be able to slow inflation using the programmability of the money to prevent you from surpassing your allotted climate credits, as they are already forcing companies to measure their c02 usage in a system called the Corporate Sustainability Reporting Directive (CSRD). They will also be able to increase inflation via issuing expiring stimulus, which would allow them to issue stimulus without worrying about the 18 month lag.
What Europe also wanted was a global climate change system, where they collect tax revenue from carbon credits, which would be charged to foreign emitters. Trump recently front run this with his own tariff system, following project 2025's idea of eliminating all international tariffs. Though countries like Canada are talking about joining Europes climate plan instead, I think all countries will have to decide where to hand the keys to their domestic economic policy.
Well its going to get more expensive relative as well as oil prices fall globally due to recession. But then we will hit another energy shortage and it will become cheaper, which is why France started building nuclear in the 1970s to begin with.
It seems to me nuclear takes you off the ebb and flow of global energy prices, I'd prefer spending on nuclear rather than carbon capture which seems to be the existing plan of many countries to combat climate change.
Then another company called Deepseek will release a system called low level programming that replaces CUDA.
I use my semi erect pinky to push it just to be safe.