Economics and Government

https://www.minds.com/SMetzeler/blog/capitalism-defined-1114253798233899008

Capitalism defined

It cannot be stressed enough: without Capitalism, we’d be living at the level of a subsistence economy, constantly fighting among us for sca...

minds.com

Millionaire Migration

The UK is losing 16'500 millionaires! Imagine the unbelievable idiocy of the UK government - they accept hundreds of migrants who will turn into violent criminals into the country every day, but they passed laws that made the people who paid most of the government's income leave...See more

IMD World Competitive Ranking Report 2025

Switzerland and Venezuela are at opposite ends, how surprising 🤣 https://www.imd.org/centers/wcc/world-competitiveness-center/rankings/world-competitiveness-ranking/ More concerning: France at rank 47 Germany at rank 27, which is probably too kind the US at 33 the UK at 36,...See more

Swiss Libertarian

@SMetzeler

Trump Shows Off CNBC Touting Tariffs

"How The Hell Did They Cut Trade Deficit In Half In One Month?" https://www.realclearpolitics.com/video/2025/05/30/trump_plays_cnbc_touting_tariffs_how_the_hell_did_they_cut_trade_deficit_in_half.html

Swiss Libertarian

@SMetzeler

All the haters can eat their hearts out: THERE IS NO RECESSION COMING 😅😅😅 INFLATION is DOWN to 2.1%, which is the usual target value for the FED, while income is up 0.8%, which is 3x the expectation! The trade balance deficit has been cut in half! https://www.nbcnews.com/business/economy/inflation-rate-slipped-2point1-april-lower-expected-rcna210003 https://www.ftportfolios.com/Commentary/EconomicResearch/2025/5/30/personal-income-rose-0.8percent-in-april Trump's magic is still working!

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Economists worry that tariffs could spark another round of inflation, though the historical record shows that their impact is often minimal.

nbcnews.com

Swiss Libertarian

@SMetzeler

Just as a reminder, because it is so funny: http://www.latimes.com/business/hiltzik/la-fi-3percent-20170519-story.html https://www.reuters.com/article/us-usa-economy-fed/atlanta-fed-raises-u-s-second-quarter-gdp-view-to-4-8-percent-idUSKBN1JA2DM