yogthos

yogthos, 1 year ago

Sure, that’s the real economy, but the way the west measures it is largely based on how the stock market is doing.

yogthos, 1 year ago

A lot of the mainstream economists in the west focus on the stock market, even of you don’t personally.

Meanwhile, GDP and inflation are not great measures either. GDP in particular is very problematic because it doesn’t measure productive labor. For example, health insurance industry is a large chunk of the GDP in US. It employs a lot of people while producing nothing for value for society

And the problem with inflation is with how it gets measured. For example, food and housing prices are growing far faster than the official inflation numbers.

yogthos, 1 year ago

it’s from an earthquake in Taiwan straitstimes.com/…/taiwan-earthquake-tilting-resi…

yogthos, 1 year ago

I find it funny how the only problem people see with Twitter is that the wrong oligarch owns it. The real issue is with reliance on privately owned social spaces. Corporations shouldn’t be in charge of how people communicate with each other.

yogthos, 1 year ago

so you’re saying you do a lot of projecting