yogthos

yogthos OP , 12 hours ago to worldnews in BRICS Officially Announces Financial System Similar to SWIFT

Seems like not, I guess we’ll see what this will look like soon.

yogthos OP , 12 hours ago to worldnews in BRICS Officially Announces Financial System Similar to SWIFT

From what I’ve read the goal is to create a settlement currency akin to Bancor aimed at state level transactions.

yogthos OP , 12 hours ago to worldnews in BRICS Officially Announces Financial System Similar to SWIFT

Every indication that it’s going to work in style of Bancor, and it’s not a difficult thing to implement. It’s also very obvious that there is a huge incentive to create an alternative to SWIFT now with US being belligerent towards all the major countries that form BRICS. If you don’t understand that BRICS will have its own system of settlement in short order then you’re going to be in for quite the surprise.

yogthos , 13 hours ago to asklemmy in What isn't illegal but should be?

capitalism

yogthos , 13 hours ago to worldnews in Reports: Russia Hits NATO Member Romania With Kamikaze Drone

Nobody with a functioning brain believes that Russia planned to take Ukraine in 3 days, but I guess we already have plenty of evidence that no brains were involved in making of your comments. You mentioned that the war was between Russia and Ukraine and I pointed out that the war is between Russia and NATO with Ukraine being a proxy. I guess holding that much information is past your context limit. 😂

yogthos OP , 13 hours ago to worldnews in Russia's economy is booming

lmfao project much 😂

yogthos OP , 13 hours ago to worldnews in BRICS Officially Announces Financial System Similar to SWIFT

That’s some adorable coping right there.

yogthos OP , 13 hours ago to worldnews in Russia's economy is booming

Here are some mainstream sources for you to cope over

• ft.com/…/3e2b2e63-082e-4058-ba92-dea580d4f40c
• …worldbank.org/…/world-bank-country-classificatio…
• cnbc.com/…/russia-forecast-to-grow-faster-than-ad…
• www.bbc.com/news/business-68823399

yogthos OP , 13 hours ago to worldnews in Russia’s surprising consumer spending boom

😂

yogthos OP , 19 hours ago to worldnews in Russia’s surprising consumer spending boom

I use this plugin (also available for FF) and it skips paywalls github.com/iamadamdev/bypass-paywalls-chrome

yogthos OP , 20 hours ago to programming in "JavaScript Haikus - Tiny Code Adventures" by Frank Force

I’m not the one sealioning into your threads to harass you 🤡

yogthos OP , 20 hours ago to worldnews in Russia’s surprising consumer spending boom

@JohnDClay please explain

yogthos OP , 21 hours ago to worldnews in Russia's economy is booming

Ah yes, Russian propaganda as reported by mainstream western sources. 😂

yogthos OP , 22 hours ago to worldnews in Russia's economy is booming

That’s not what GDP measures. GDP measures profit companies are making, not the salaries employees get paid. Also, inflation does not directly correspond to the cost of living either. Again, please explain how in your mind Russia became a high income country if the economy is shrinking and inflation is outpacing wages. I eagerly await to see your reasoning.

yogthos OP , 22 hours ago (edited 22 hours ago) to worldnews in Russia's economy is booming

if you aren’t using real GDP (inflation adjusted)

In the first quarter of 2024, the real gross domestic product (GDP) of Russia grew by 5.4 percent compared to the same quarter of the previous year.

You have to look at inflation in relation to wages, not GDP. How is it that you’re unable to understand such basic things? If the cost of living was outpacing salaries in Russia, please explain to me why the World Bank has just reclassified Russia as a high income country. I’m very curious to hear more about this new fangled economic theory you subscribe to. …worldbank.org/…/world-bank-country-classificatio…