“Often try,” more like almost always. There isn’t a word in economics that I’ve regularly heard used correctly. Not a fucking one.
My favorite, which is not from Econ: degenerate.
“Often try,” more like almost always. There isn’t a word in economics that I’ve regularly heard used correctly. Not a fucking one.
My favorite, which is not from Econ: degenerate.
Where is this from?
Or you could read the article and see that’s not even remotely the issue, and the title is as per usual misleading.
Germany planned 8 billion eur financial support for Ukraine this year. That’s been used up. So, no more monetary (!) aid unless they find some spare change in the budget, which they won’t.
And to preempt the next headline: Germany’s spending next year on Ukraine will be halved, yes… Because there’re plans for an international fund.
Also while “Olaf” is the one naying further spending, he’s not doing so independently of the ruling coalition. He has little agency.
Obligatory fuck Lindner and fuck the FDP.
They phrased it as “NATO allies are prosecuting a war they would like to win, while Russia is prosecuting a war it believes that it has to win” but yeah pretty much.
It’s wild that they’re spinning this as an economic failure for the west. Anything else - humanitarian, political? I’d totally agree with. But even the article gives the impression of an adult holding a flailing child at arm’s length. How blindly anti-west does one have to be to see that as a win for the child.
As someone who studied econ, I feel like I should take offense ;D
Degenerate, in slang more commonly degen, is more or less a term for a low-life or morally repugnant behavior. It seems to have been picked up by the stock market gambling community (which is kinda funny in this context, didn’t know that), but I recall it being a thing over a decade ago in the circles that community is enmeshed with, such as 4chan. Was used to denounce gays, masturbation, that kind of thing.