burningmatches

joined 1 year ago
[–] burningmatches 20 points 1 year ago

Given that young people have a much bigger stake in the future, we should probably do the opposite — let kids vote and disenfranchise the elderly.

[–] burningmatches 1 points 1 year ago

Bees with hips

[–] burningmatches 12 points 1 year ago (1 children)

A taxi driver in Singapore once told me that they hold this title, ahead of the UK. He then pointed out the cameras on almost every lamp post.

[–] burningmatches 5 points 1 year ago

People talk about it endlessly. And the rest of the time they talk about the IMF being too lenient (see Javier Milei). At the end of the day, Argentina’s problems are of its own making.

[–] burningmatches 0 points 1 year ago* (last edited 1 year ago)

I’m not sure that anything in this article is true. Has China “cut” its treasury holdings or have they declined in value? Or have some maturing treasuries not been reinvested in new treasuries? Probably a bit of both, but there’s no evidence that China has “cut” its ownership of treasuries. And it probably reinvests most of its maturing treasuries into other dollar bonds. China isn’t de-dollarising its foreign reserves to any significant extent and this likely isn’t a story.

[–] burningmatches 3 points 1 year ago

estimated to be hundreds of years old

Amazing

[–] burningmatches 1 points 1 year ago (1 children)

How much do you think it would cost for them to accept cheques instead?

[–] burningmatches 2 points 1 year ago

Puts on sunglasses

[–] burningmatches 6 points 1 year ago

Inflation is a backward-looking measure. It doesn’t ease the cost of living, it simply lets policymakers know what’s going on with prices — and whether the Bank of England is doing its job.

On a personal level, you already know what your living costs are, so the level of the CPI has no relevance to your life. Nobody experiences CPI directly, as we all have different costs and preferences.

[–] burningmatches 0 points 1 year ago

Sure, but it’s still just some dudes playing join-the-dots in the sky. None of it means anything.

[–] burningmatches 9 points 1 year ago

The European Court of Human Rights enforces the European Convention on Human Rights, which is an internationally treaty that was ratified in the UK in 1951 (with enthusiastic support from Churchill). It lists a bunch of fundamental rights.

In 1998, the UK passed the Human Rights Act, which provides these protections under domestic law, with the European court acting as a backstop.

So, yes, this is domestic law.

[–] burningmatches 6 points 1 year ago (1 children)

Style guides often tell journalists to avoid saying what someone “believes”, as you can’t know what’s inside someone else’s mind. We can only know what they say.

Scientists say if we work now to slow down climate change and prevent mountain degradation, we can still stop the worst outcomes…

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