#gdp

olladij@diaspora.permutationsofchaos.com

The report found that recovery and reconstruction needs across social, productive, and infrastructure sectors total $349 billion, which is more than 1.5 times the 2021 #GDP of Ukraine. Over the next 36 months the #RDNA assesses that $105 billion is needed to address urgent needs such as restoring #education and #health systems and infrastructure, preparing for the upcoming winter through restoration of heating and #energy to homes, support to agriculture, and repair of vital #transport routes. The safe management of debris and explosives, including landmines, also pose a substantial cost.
The Government of #Ukraine is looking at the specific needs across the different regions ahead of the winter. Based on the highest priorities, tailored recovery and reconstruction plans are being developed to guide a program in each area.
The World Bank and the European Commission confirmed their continued support for the Government of Ukraine. Given the ongoing war, there will be a need for future assessments of damage, loss and reconstruction/recovery needs in Ukraine. The Swiss State Secretariat for Economic Affairs ( #SECO) has committed financial support for this purpose.

https://euromaidanpress.com/2022/09/09/349-bn-needed-to-rebuild-ukraine-world-bank/ #eu #war #wb

olladij@diaspora.permutationsofchaos.com

Although the end of the year is still far away and many trends may still change, 2022 has undoubtedly been quite unique for the Russian #economy. In terms of the depth of the economic downturn, it is certainly going to ‘outdo’ the #crisis year of 2009, when the Russian Federation’s #GDP shrank by 7.9%. When it comes to de‑globalisation, it will surpass all parameters of 2014−2015, when #Russia was first subjected to Western #sanctions following the occupation of #Crimea and efforts to provoke separatism in the eastern regions of #Ukraine. That said, the current crisis differs significantly from the previous ones­ in terms of its dynamics: unlike in the past, there has been ­no sharp depreciation of the rouble (this ­year, its value was restored, which was not the case ­previously); the stock market decline has also been much ­less significant (going down by one third now versus shrinking twice in 2014−2015 and almost five times in 2008−2009). But the most paradoxical factor in my view is the situation in foreign trade and the balance of payments.

https://ridl.io/russian-economy-after-six-months-of-nbsp-war/ #war #oil #eu

olladij@diaspora.permutationsofchaos.com

The economic miracle of the People’s Republic had some key features: Ever-rising home prices, surging household #debt, and a real estate sector that broadly contributes to one third of #GDP. Wary of an asset price bubble, #Xi drew three “red lines” last year to restrict financing and force developers to deleverage. A flurry of defaults ensued, including that of #property giant #China Evergrande (3333.HK), forcing bondholders to accept extensions or chase lawsuits. The #revolt on mortgage payments underscores #Beijing’s failure to ensure the losses stop there.
It puts the focus on China’s property buying preferences. New launches are almost always sold before they are built. When heavily indebted developers run out of cash, buyers are left with nothing but a debt obligation. #Evergrande warned of this problem in a letter it wrote in 2020 to local authorities: The company pleaded to be allowed to list a subsidiary to avoid a cash crunch that it said would cause huge financial and social risks, including two million buyers who might #protest over their 600,000-odd unfinished apartments.

https://www.reuters.com/breakingviews/china-property-crisis-enters-dangerous-next-phase-2022-07-14/ #economy #crisis

olladij@diaspora.permutationsofchaos.com

Dass die Hintergründe für politisch motivierte Taten »vielfältiger und auch diffuser geworden sind«, ist aus Sicht von Bundesinnenministerin Nancy #Faeser ( #SPD) ein Spiegelbild aktueller gesellschaftlicher Konflikte. Sie sagt: »Wir sehen sehr deutlich, dass wir unsere #Demokratie mit aller Kraft schützen müssen.«
Die Zahl der antisemitischen Delikte sei um knapp 29 Prozent auf 3027 Straftaten angestiegen, das sei »eine Schande für unser Land«, sagt die Ministerin. 84 Prozent der antisemitischen Straftaten seien Rechtsextremisten zuzuordnen. Gleichzeitig werde ein immer lauterer islamistisch geprägter #Antisemitismus sichtbar. »Jede Form des Extremismus und Antisemitismus in welchem Gewand auch immer sind völlig inakzeptabel; da darf es keinerlei Rabatt geben - weder kulturell noch für irgendein politisches Lager«, mahnt die #FDP -Innenpolitikerin Linda Teuteberg.

https://www.juedische-allgemeine.de/politik/antisemitische-delikte-um-knapp-29-prozent-gestiegen/ #bka #islamismus #gewalt #polizei #gdp #nazis #corona #pandemie

mikhailmuzakmen@pod.geraspora.de

#politik #verbrechen #berlin #polizei #gdp #qualitätsjournalismus

Eine (un)schöne Geschichte zum Thema "Wo leben wir hier eigentlich?":

Staatsfeind des Tages: Kiffender Hausmeister

  • Von Michael Merz

Mittlerweile ist das kalter Kaffee: Fast jeden Tag ist es ja nun so, dass Depots mit Knarren und/oder Sprengstoff hochgenommen und Bezüge zu Bundeswehr oder Polizei hergestellt werden. Wieder mal eine Söldnertruppe im Aufbau? Beamte ballern auf einem Neonazi-Schießplatz? Radioaktives Material, Kalaschnikows, Panzer- und Flugabwehrwaffen im Homeoffice eines Offiziers? Alles Pillepalle. Das hat einfach mit der Sammelleidenschaft einiger Waffennarren zu tun. Da lässt sich mal easy das Auge zudrücken, vor allem das rechte. Solche Geschichten interessieren keine Sau mehr.

Ein wahrer journalistischer Coup ist hingegen der Berliner Zeitung gelungen. Sie hat exklusiv die wahre Gefahr im Sicherheitsapparat ausgebuddelt. Natürlich haben es sich mediale Leitsterne wie Tagesspiegel, Süddeutsche, dpa und AFP nicht nehmen lassen, auf den Zug aufzuspringen und über den schlimmsten Übeltäter unter der Sonne zu informieren. Der Mann agierte mit der Tarnung eines hilfsbereiten Hausmeisters in zwei Dienststellen der Berliner Polizei. Er muss wohl stets freundlich und gut drauf gewesen sein. Um sich diesen Charakterzug zu erhalten, zog er verschlagenerweise auf dem Hof der Behörde einen Joint durch. Damit war er ertappt – ein Linksextremist! Außer seinem Marihuanakonsum ist der Berliner Zeitung leider keine weitere Verfehlung bekannt. Links sein genügt ja auch. Jedenfalls wurde hart durchgegriffen. »Die Zutrittsschlüssel wurden selbstverständlich umgehend eingezogen«, erklärte ein Behördensprecher. Die Empörung Benjamin Jendros von der Gewerkschaft der Polizei ist drastisch. Dies sei ein »unglaublicher Vorfall«, der zeige, wie »lückenhaft die obligatorische Sicherheitsüberprüfung« sei. Da kann die Polizei nur von Glück reden, dass der Terrorist im Blaumann aufgeflogen ist. Jetzt ist alles wieder gut.

icavot@diasp.org

Going underground – E1061

https://www.rt.com/shows/going-underground/537311-us-policy-towards-afghanistan/

In the second half of the show Prof. Tim Jackson, author of ‘Post-Growth: Life After Capitalism’, discusses why the GDP metric is deeply flawed in measuring the health and quality of an economy and society, the trend of decline of economic growth in Western economies such as the UK, his arguments for a radically different labour culture in which production is slowed down and lessened, the myth of ‘more is better’ that the obsession with GDP has created, the negative social impacts stemming from governments’ plans for constant economic growth, Boris Johnson’s comments that capitalism has been key in the UK’s coronavirus response and vaccine rollout, and much more!

#GoingUnderground #GDP #growth #capitalism #economics #economy #climatechange

prplcdclnw@diasp.eu

Quit the Rat Race

Adopt a don't work ethic.

China now has a Lying Flat movement.

https://www.brookings.edu/techstream/the-lying-flat-movement-standing-in-the-way-of-chinas-innovation-drive/

The idea is not to be a productive citizen. Don't work any harder than you have to. Don't help stockholders and bankers. Don't contribute to the GDP.

I've read that slaveholders in what's now Haiti were afraid that, if they freed their slaves, they wouldn't be able to pay them to keep working for their former slaveholders. They were afraid they'd take to the hills and forage or engage in subsistence farming. In other words, they were afraid that the former slaves would produce only what they needed, and nothing would be left over for the land owners.

This is what the authorities in China are worried about now. They don't want people to reduce their cost of living in order to be able to earn less, they want them to increase their cost of living, forcing them to work harder and longer. They want them to stay in the rat race. They want them to be in debt.

Reducing our cost of living to be able to lower our income has other advantages.

The only way to do anything useful about the on-going climate catastrophe is to reduce consumption of everything, and to reduce the amount of transportation, both of people and of other things.

The on-going climate catastrophe is only one (probably the most dangerous) of the symptoms of wealth and income inequality. Quitting the rat race is perhaps the most effective way to attack this central problem. The billionaires get all their income directly and indirectly from selling people goods and services they would be better off without. What will happen to Tim Cook if no one will buy a new Apple product? The wealthiest people in the world are those who peddle the most harmful goods and services.

  • Buy durable clothing, and keep on wearing it, year after year.
  • Keep on using your present computers. This is practical because there are Linux distros made especially for old machines. Other distros will have better support for old machines if we stop buying new ones.
  • For all devices, mechanical and electronic, buy the most durable and reliable.
  • Rent living space, and don't rent more than you need. Mortgages are a huge part of the banking business.
  • Live as close as possible to the grocery store. It's best if we can walk to the store.
  • Buy a motor scooter, preferably for cash. It's less expensive to buy, insure, and operate. The Japanese ones tend to be the most durable and maintenance-free.
  • Better yet, if you live close enough to the grocery store, buy a bicycle instead.
  • Eat vegan. It's less expensive, and it puts less land under agricultural use.
  • Often, in the supermarket, the best value is on the bottom shelf. Always look.
  • Wash your hair with the same inexpensive soap you wash the rest of your body with. Use that same soap for shaving.
  • If you have a beard, don't shave it. Just trim it with scissors.
  • Don't print stuff. Printers are a huge rip-off.
  • Don't be a tourist. Tourism is a huge and entirely unnecessary industry that requires transportation.
  • Don't get more medical care than you need. You need a lot less than the health care industry says you need.

So, once again, the goal is to reduce your cost of living, and not increase your income. Refusing to work full time for wages will kill the same industries that we're killing anyway by not buying what they sell. I look forward to a world that has fewer people, and is much quieter. I don't want to stop science, but I do want to stop the patenting of inventions. I also want culture to be free. Let's completely abandon the idea of intellectual property.

What else?

Well, if you spend less of your life toiling for the wealthy in order to sell unhealthy crap to people, and more time learning, napping, reading books, and listening to old records, you'll probably be happier and live longer.

http://www.zpub.com/notes/idle.html In Praise of Idleness, by Bertrand Russell

#laziness #work #rat-race #leisure #income #bankers #wealthy #billionaires #gdp #lying-flat #idleness #happiness #inequality #markets #buying #buy-less

dredmorbius@joindiaspora.com

Economic decoupling? The recent relationship between energy and growth

Can economic growth occur independently of resource, and particularly, energy consumption increases? That's the question which emerged in a recent discussion over continued economic growth. In that thread, /u/geezerman makes the assertion:

Energy consumption is declining in the advanced economies

Oh, really? I'm aware of some short-term fluctuations, most of which were accompanied by at least temporary decreases in economic output, but an overall reduction in energy accompanied by increases in GDP? Let's take a look.

Continued at the dreddit

#economics #limitstogrowth #decoupling #energy #gdp #g8 #population #usa #uk #canada #japan #german #france #italy #russia #china #india #brazil