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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)TR
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Joined
2 yr. ago

  • Current government was hit by Covid but they actually managed to lower it in 2021

    Yes, with record breaking taxation... Apparently for Lemmy fucking over people's lives is all good as long is the government doing it and not some corporation.

  • Did pretty good? They lost them.

    They're having huge troubles with habitation.

    Lower energy prices were achieved with government debt by subsidising the prices. By comparison, Germany is doing quite fine when compared to Spain:

    So, basically the tax payer ended up paying the (lower energy prices in taxes raises)[https://elpais.com/economia/2022-11-30/espana-en-el-podio-de-paises-de-la-ocde-con-mayor-alza-de-la-presion-fiscal-en-una-decada.html]. So you basically fell for the socialist trap, that's giving some benefits while raising the taxes, which ends up screwing people even more.

    The inflation rate being better in Spain is well... good but on everything else they're far worse than even Germany.

  • Houses in the western world got too expensive due to these facts:

    • Inflation, leading to devaluation of the currency while the wages have pretty much stagnated
    • Lack of construction, or overcrowded cities that don't have anymore spaces.

    In China they're living something similar to the 2008 crisis. Too much construction, too much debt and companies are starting to default. The bubble will burst when the government starts having trouble helping those defaulting companies.

  • Many of these are unfinished, people are highly in debt due to owning like 4-5 houses in different places, many of which are also unfinished by the constructor.

    It’s a bubble that’s either bursting or already did and we don’t know anything about it because China.

  • networking @sh.itjust.works

    Asus AI Mesh configuration problem