World News
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News [email protected]
Politics [email protected]
World Politics [email protected]
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
view the rest of the comments
Why would job cuts be temporary if demand stays low?
Modern inflation has nothing to do with supply/demand.
We exist in a supply side economy, meaning that demand is always less than available supply. Yet inflation is a real problem. Current inflation is largely do to a variety of middle men getting entire pieces of transactions - credit card fees, payment for order flow market making, insurance, etc.
Any business that relies on production will not see existing demand change. McDonald's for instance does not make it's money off selling food - they make money off of real estate and licensing. You'll see McDonald's jobs disappear, but the demand for cheap fast food will still exist. Local diners will pop up to take their place.
This is completely insane and no economist agrees with your conspiracy theory.
Ok, if you want the conspiracy theory part, you'll find out every public publishing economist you have heard/read about had an education at a college where the program was entirely funded by financial institutions. Meaning that the education is tailored towards "good economy = strong financial institutions" and "bad economy = weakening financial institutions".
That is a conspiracy theory. The statements above are fact. Conspiracy theories, for your information, are built around groups of people working together to manipulate some action.
McDonald's doesn't work with insurance companies to raise the price of a burger. Credit card companies don't work with their customers to increase the profit of their products. Market makers just exist to make money on each transaction any way. No collusion needed.
Yeah kinda this, met way too many Economists who are on the economic right and most of the teaching is influenced by Chicago economics.
I remember when a minimum wage got introduced where I am and my macroeconomics professor was incredibly proud to show how this would cause unemployment. Turned out the minimum wage was so far away from what would be the equilibrium wage that there wasn’t ever an oversupply of workers because the minimum wage would have to be much higher than any politician would ever set it in order to cause unemployment. That is assuming such a thing as the equilibrium wage would actually exist in the real world.
You almost made me choke on my $15 Big Mac.
It's still cheap food. Maybe not to you, but to McDonald's
Yes, but the "demand" that you are talking about is for cheap on the consumer side, not on the producer side. It may (arguably) still be cheap food on the producer cost side, but the consumer price side has gone insane. The quality definitely is shit.
@[email protected]
These comments have nothing to do with economics.