"The final measure of
US Q1 GDP came in at -0.5% -->worse than expected.
Take a look at consumer spending. It turned out to be a look weaker than initially thought *worth watching.
It's a similar story with "real final sales to private domestic purchasers," another key indicator of demand. It was only 1.9% in Q1, a lot weaker than the 3% initial est."
-H Long
In less than 6 months the #TrumpRegime has destroyed the #economy, America's reputation, future...
#Trumpcession #Tariffs #GDP #USPol
With #AI utopia hype, we are being sold the exact same bill of goods we were sold with #globalisation 30 years ago.
In the 1990's it was also promised that a world of abundance would remedy us from the loss of jobs at home.
So why should we believe these immense economic gains of AI would be redistributed this time? Because last time they weren’t.
Really. Why would it be any different? Our #economy and #capitalism are much less benign now than they were back then. 
Japan's electricity demand has been projected to grow by up to 40% from the 2019 level in 2050, if the wider use of generative AI spurs the construction of more data centers. https://www.japantimes.co.jp/business/2025/06/26/economy/japan-power-demand-projections/?utm_medium=Social&utm_source=mastodon #business #economy #electricity #energy #utilities #ai
Lukashenko’s potato racket sparks outrage from the regime's opponents.
Alexander Lukashenko’s stubborn grip on the Belarusian economy plunged the potato-happy country into a spud shortage this spring.
Critics of the authoritarian ruler say he has warped the economy with strict price controls on staples like potatoes — while encouraging citizens to snitch on grocery stores that flout regime rules.
Chief trade negotiator Ryosei Akazawa said the country can’t accept the U.S.’ 25% tariffs on cars, adding that Japan’s automakers produce far more cars in the U.S. than they export to America. https://www.japantimes.co.jp/business/2025/06/26/economy/japan-trade-negotiator-car-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #trade #usjapanrelations #cars #carmakers #donaldtrump
Apartment rents in Tokyo are rising at the fastest pace in 30 years, in the latest sign for the Bank of Japan that the nation’s inflation trend is spreading deeper through the economy. https://www.japantimes.co.jp/business/2025/06/26/economy/tokyo-apartment-rents-up/?utm_medium=Social&utm_source=mastodon #business #economy #housing #realestate #economicindicators #japaneseeconomy #inflation #boj
President Lee underscores the critical importance of timing in economic policy, declaring that now is the decisive moment for action.
#YonhapInfomax #PresidentLee #Economy #Timing #Policy #ActionNow #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69428
Any company making outrageous claims about #ai or their use of should be labeled as an #aislopshop or #slopshop for short.
Like calling a dishonest lawyer a #shyster or a newspaper with no credibility, a #rag.
How much did Canada’s trade retaliation and boycotts actually hurt the U.S.?
> Newly released trade data for April 2025 allow us to take a detailed look at how Canadian imports have shifted in response.
> The numbers reveal a sharp drop in goods targeted by retaliatory tariffs. In contrast, any effect of the broader consumer-led boycott of U.S. products is harder to detect.
https://thehub.ca/2025/06/25/trevor-tombe-how-much-did-canadas-trade-retaliation-really-hurt-the-u-s/ #CANpoli #CDNpoli #economy #trade #MAGA @trevortombe
R Sen Tom Tillis circulates this document showing the impact of how much money would be CUT FROM MEDICAID in RED STATES.
Tillis is up for reelection, but most GOP senators are in safe senate seats, & don't care bc they're Trump loyalists, & need those tax cuts ASAP, for donors.
Dollars forfeited by #Medicaid cuts under the #BBB:
VA: $24.8B
SC: $20B
TN: $16B
KY: $12B
OH: $8.4B
WV: $6.2B
MI $6.1B
IA: $4.1B
NC: $38.9B
#Republicans #Austerity #Health #Traitors #Economy #GOPDeathCult #USPol
The AEX just dipped—but why is everyone sweating under a clear blue sky? Dutch CEOs, don’t miss this satirical breakdown of today’s market whispers. Read before the breeze becomes a storm!
https://www.xtroverso.com/blog/today-s-pulse-14/aex-slips-quietly-what-dutch-ceos-should-watch-431
"Remember when nativists pretended to care about the costs that one city was choosing to incur to house immigrants who were unable to work because their nativist laws? Now they're paying all that and more to arrest, detain, and house people who were working and paying taxes."
-D Bier
Fascists are serial liars, hypocrites, & racists.
#Immigrants #Economy #Trumpcession #DHS ICE #Deportations #Detention #Fascism #Racism #TrumpRegime #Conspirators #USPol
GDP is up +0.4% in NL? Don’t celebrate yet. Jobs are down, reality’s burning, and the numbers are lying. Entrepreneurs: you’re being played. Read why.
https://www.xtroverso.com/blog/wise-4/why-gdp-growth-in-nl-is-total-bullsht-430
The big takeaway: When the economy is strong, generosity follows.
"If you have JD Vance meme on your phone you might be stopped at the US border,held in a cell, strip-searched & sent home."
-A Applebaum
A 21-yr-old tourist has described the horrendous treatment he allegedly received after being denied entry to the USA due to a meme depicting JD Vance as bald being found on his phone.
Fascists don't have a sense of humor. The only time Trump smiles is when he's bashing Dems, #immigrants, the press...
#Fascism #Tourism #Economy #USPol
https://www.dublinlive.ie/news/world-news/man-refused-entry-us-border-31925059
Scambi Festival is back!
(
Versione in italiano qui sopra 
)
La Pigna, Sanremo (IM), Italy
20–24 August 2025
Scambi is a participatory festival entirely organised by under-30 volunteers, where we share ideas, passions, insights through interactive laboratories and activities on several guiding themes:
Social and Environmental Justice
Degrowth and local/global economy
Political Technology and resistance to Technofeudalism–with @dario from @fsfe, @wikimediaitalia, and many others)
Education and learning
The Program
• August 20 → public events, with labs a live music night featuring @kenobit, Mano Manita, and Dietro l’Angolo.
• August 21–24 → Communal life among participants: assemblies, discussions, focus groups, pauses at the beach, and hikes in the woods in the area.
If you’re interested, apply to the Call for Participation, 
open until July 20! 
We’re looking forward to meet you!
(boosts are welcome)
Why #Crypto Might Be a Big Mistake
https://www.youtube.com/watch?v=-zpijANwCIQ
Crypto is not money. It’s not secure. It’s not stable. It’s just speculation wrapped in dogma — and a huge risk to society.
Cosa Rivelano le Nuove Strategie #TIM dal Bilancio Approvato? Scoprilo subito su ORA ULTIMA: https://www.oraultima.com/tim-telecom/
