• Like I know the propaganda side of it, but it’s goofy when every instance of line going down causing some talk of “crisis” when the nature of capitalist economics is literally quid pro quo.

    The same talk was being used about Trump dumping the US exchange rate as if every country must duke it out to have a “strong” currency, with no considerations to how that’s physically impossible. Moreover, how there are viable economic advantages to depreciate your currency.

    Maybe, just maybe, a global economic strategy where half the world enjoys luxurious treats and the other half is churned go dust to meat some beancounting balancing act is an imbecillic method of resource management? Nah.

    • GrouchyGrouse [he/him]@hexbear.net
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      4 days ago

      You’d think the fact that they use words like “global economy” they’d understand that they should probably use metrics to gauge its health beyond “the bank accounts of three dozen wretched vampire crooks” but nope, this is how they see the world