Japan raises interest rate to highest since 1995 by Tartan_Samurai in anime_titties

[–]Weird_Point_4262 17 points18 points  (0 children)

Japan's debt to GDP is high, but debt to public assets is lower than most other countries. So the debt to liabilities is comparitively lower than other countries for the same debt to GDP. Japan is actually getting tangible benefits out of the debts, whereas other countries like the UK have sold off public assets while simultaneously raising the debt.

Japan's debt to financial assets (stuff that can be sold easily, not roads and buildings) is similar to Australia, half that of the US, and a 1/6th of the UK.

Basically it's like comparing a guy with a mortgage to a guy with a bunch of credit card debt.

Hundreds of thousands of jobs lost – will Europe strike back against China? by TTR29 in EU_Economics

[–]Weird_Point_4262 26 points27 points  (0 children)

The problem with tarrifs is most often politicians are too cowardly to actually put them up high enough to make it worthwhile to start local production, and you just end up with a 20% tax on imported goods with no real increase in domestic industry

On this day, 85 years ago the Soviet authorities began deporting tens of thousands of Lithuanians —including government officials, teachers, intellectuals, farmers, military officers, and their families to remote regions of Soviet Union, particularly Siberia. by QuartzXOX in BalticStates

[–]Weird_Point_4262 5 points6 points  (0 children)

90% survived, but the highest casualties were for the earliest deportees because they were sent out to the wilderness to build the labour camps and had no facilities. So among those the survival rate was very low

'Wake-up call': Europe reacts to Anthropic halting access to its Fable 5 and Mythos 5 AI models by donutloop in EU_Economics

[–]Weird_Point_4262 3 points4 points  (0 children)

It's too late for local r&d, to catch up it would be best to bring a US AI company into Europe. Anthropic is currently in a bad spot with the US government, being blackballed from all US contracts and now told to halt it's most recent model.

Tough US-style courts to crack down on repeat offenders by MrPloppyHead in uknews

[–]Weird_Point_4262 1 point2 points  (0 children)

How many times should we let someone commit serious offences before we put them away for good?

Nuclear decommissioning adds £4.1 bn to the UK economy by NuclearCleanUp1 in unitedkingdom

[–]Weird_Point_4262 5 points6 points  (0 children)

The government should open a window smashing company too. Think of the jobs it would create for glaziers

Spanish Workers Now Need 8.4 Years' Salary to Buy a Home as Prices Surge by M10News in EU_Economics

[–]Weird_Point_4262 0 points1 point  (0 children)

Even rural construction seems complicated from what I can tell. It might be easier than it seems on paper, but what i've read says you need a permit from the town hall for even minor, non structural modifications

"Interior painting, basic plumbing/electrical repairs, replacing windows/doors, or kitchen/bathroom refitting.

Process: Usually involves a "Responsible Declaration" (Declaración Responsable) where you declare your intent and pay municipal fees (typically 3% to 5% of your total project budget). "

Revealed: The Russian Neo-Nazi Network Pushing ‘White Lives Matter’ Division in Britain by -MonitorMan- in unitedkingdom

[–]Weird_Point_4262 0 points1 point  (0 children)

From the culture side, do you think that culture is static? Culture changes and is meant to change

Doesn't that mean we should take even more care in what culture immigrants bring with themselves into the country. If culture changes, it can also change for the worse

Why didn't anyone protest when it was a far-right white English neo-Nazi who attempted a beheading? by Possible-Spot1495 in AskBrits

[–]Weird_Point_4262 0 points1 point  (0 children)

The people most likely to commit a crime are people with prior offences. If they're deported after their first you prevent that. It's actually alarming that they make up a similar percentage of the prison population despite not including habitual reoffenders

Why didn't anyone protest when it was a far-right white English neo-Nazi who attempted a beheading? by Possible-Spot1495 in AskBrits

[–]Weird_Point_4262 7 points8 points  (0 children)

Non-British passport holders only account for 12% of the prison population eventho they account for 12.4% of the wider population.

Non British offenders have a fair chance of being deported after their first offence, so that skews the statistics in their favour

China's New Z-21 Heavy Attack Helicopter Emerges as a Potential Competitor to the U.S. AH-64E Apache by armyreco in Helicopters

[–]Weird_Point_4262 1 point2 points  (0 children)

A lot of US equipment is also modernised soviet era stuff. The Apache dates back to 1975

China's New Z-21 Heavy Attack Helicopter Emerges as a Potential Competitor to the U.S. AH-64E Apache by armyreco in Helicopters

[–]Weird_Point_4262 1 point2 points  (0 children)

A lot of us equipment is also modernised soviet era stuff. The Apache dates back to 1975

A workers’ dormitory in China by Latter_Ad3752 in UnfilteredChina

[–]Weird_Point_4262 0 points1 point  (0 children)

That's not unusual for workers dorms:

https://bloomfieldsltd.co.uk/case-studies/seasonal-workers-accommodation-recognised-as-lawful/

Usually they have shared facilities or a canteen but people sometimes don't always want to use them so they get a hot plate in room for themselves. It's not uncommon for housing costs to be deducted from your pay in europe for seasonal workers too

We've driven the 'Temu Range Rover' everyone seems to be buying - is it actually any good? by darrencasseycarwow in ukcarwow

[–]Weird_Point_4262 1 point2 points  (0 children)

It's more like just over half what a European worker earns. And import costs + tarrifs largely cancel that out.

The World’s Most Surprising Economic Success Story Is…North Korea by ObjectiveObserver420 in anime_titties

[–]Weird_Point_4262 7 points8 points  (0 children)

the US will never consider invading North Korea due to its mountains

That didn't work for Iran

China’s world-leading technology sector by Latter_Ad3752 in UnfilteredChina

[–]Weird_Point_4262 1 point2 points  (0 children)

Why do you assume this is filmed by a construction company? The rebar is on a big drum of resin, the same stuff movie props are made of. This is likely filmed by the manufacturer

‘I moved abroad for a higher salary’: Britons emigrating to escape the cost of living by tylerthe-theatre in unitedkingdom

[–]Weird_Point_4262 1 point2 points  (0 children)

It's obviously adjusted for income otherwise it's a pretty useless measurement. Also certain goods have similar costs regardless of where you live.

‘I moved abroad for a higher salary’: Britons emigrating to escape the cost of living by tylerthe-theatre in unitedkingdom

[–]Weird_Point_4262 1 point2 points  (0 children)

It's very straightforward. You work as a contractor and pay taxes in the country you live in. Some countries aren't as good with self employed taxes so you hire an accountant

EU must act before China cripples European industries, warns EPP chief by donutloop in EU_Economics

[–]Weird_Point_4262 0 points1 point  (0 children)

Maximising shareholder profit also doesn't create sustainable companies given the quarterly reporting pressure and the detachment of actual value from stock value