Renten und Löhne finanzieren sich aus dem, was erwirtschaftet wird. Wenn in einer alternden Gesellschaft mehr des Erwirtschafteten an die Lohnempfänger ausgezahlt wird, bleibt, ceteris paribus, weniger für die Rentner. Aktienkäufe erhöhen den Rentenanteil indirekt. Dividenden sind auch Auszahlungen.
5. Trump withdraws claiming victory and then creates a new scandal to divert attention from the lie.
Connections
Puzzle #1000🎉
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When consuming less than one produces goes towards producing more in future, that is generally considered a good thing (channel degrowthers), while if it doesn't, this is considered bad. 2/2
Saves me writing the same thing. OTOH, saving = investment is also an accounting identity. So saving always 'funds' investment. Saving = credits, investment = debits. Central tenet of accounting is credits = debits. 1/
Clear signs of mass migration. It has to stop! Whatever happened to real British birds?
Fixed it for you
Wing away!
Or keep it simple and then add children.
Work with different colours for different elements. More saturated colours for elements with low surface area, less sarurated & brighter for larger surfaces. In small, low rooms, keep walls & ceilings light to enlarge. Play with contrasts for more dramatic effect.
8, but I can't remember who 5 of them are :-).
Yup, which is why one should be wary of 'labour vs. capital' reasoning. Much of 'capital' is just pensioners squeezing that lemon of labour for its juice.
This is quite literally how China handled FDI from Deng Xiaoping onwards. Fordism meet Dengism.
the ad campaigns are infamous.
Are local dialects considered working class in Italy?
I think he's saying that, because the upper class is still defined by lineage, not money or power, there's no way for outsiders to join it (other than through marriage or being knighted perhaps). So there's no point in trying.
Whoops, accidentally deleted my reply. Oh well.
Then again, he isn't claiming it's not happening elsewhere. Just that it (no dissolution of class through migration) is in Britain. Seems plausible. But I ain't no sociologist.
<<Pension funds are one of the largest sources of capital for the private equity industry.>>
*Capital* = rich people + old people
www.investopedia.com/articles/cre...
What need have I for this / What need have I for that / Im am dancing at the feet of my lord / All is bliss, all is bliss
youtu.be/Ym8QtNbbTUQ
Great @gilesyb.bsky.social ! Now I have something new to get worked up about :). As an anti-metaphorist myself, I can only offer a feeble attempt at purging the concept of money of its many metaphorical crutches. Starting here, for example: theaccountingview.blogspot.com/2020/10/a-ti...
Well, some progress will not show up on a mortality graph. Doesn't mean it's not progress. Keyhole surgery technique e.g. is a gift from heaven. Not sure it saves lives.
The Sausage King
The Dark Sausage Rises
My car radio dumped me. 🤷
You can call me Izzy and Izzy, when you call me, you can call me Pal...
Pick up the nearest book. Turn to page 42, post the 2nd sentence.
Nearest English book:
To overcome these physical constraints, the buildings are erected on a podium deck supported by stilts which are then screened by concrete grills.
Epstein
Kowloon? More like Ng (or Mm) Saam Saam Yat Yi Saam :-). Six numbers was ages ago. Early 80s?
