2025-10-24 20:53:40
Trump DESTROYS Russian economy – Unexpected move by the US| Weekly Wrap-Up: https://benborges.xyz/2025/10/24/trump-destroys-russian-economy-unexpected.html
Trump DESTROYS Russian economy – Unexpected move by the US| Weekly Wrap-Up: https://benborges.xyz/2025/10/24/trump-destroys-russian-economy-unexpected.html
Democratic candidates can win Rust Belt voters by … attacking the Democratic party
https://www.theguardian.com/commentisfree/2025/oct/09/democrats-rust-belt-economy
Trump's Argentina beef deal angers America's struggling farmers: 'You're selling us out' (Samantha Delouya/CNN)
https://www.cnn.com/2025/10/23/economy/trump-argentina-beef-deal-farmer-impact
http://www.memeorandum.com/251023/p65#a251023p65
This. 100% this: «…the economy itself is driving us into the ditch. It’s based on the creed of cancer — steady growth — and you can’t have endless growth in a finite world. The global economy is far too big, it’s got to shrink, and it’s got to be distributed more equitably around the world.»
The problem is that even the politicians who understand this are helpless to do anything about it. We have surrendered our future to global corporations and the mega-rich and their hand-picked poli…
“The net worth of the average Black family is not even $5,000, (and) by 2030, we're headed towards zero net worth”
‘That’s a lie!’ CEO shut down on CNN after pushing false claims on Black wealth - Raw Story
https://www.rawstory.com/economy-2673913214/
Sam Altman says OpenAI wants to create "a factory that can produce a gigawatt of new AI infrastructure every week" and plans to reveal more details this year (Sam Altman)
https://blog.samaltman.com/abundant-intelligence
"The U.S. has no cards because we’ve been giving them away. If we ever want to play them again, we will have to win them back: Arm Ukraine, expand sanctions, stop the lethal drone swarms, break the Russian economy, and win the war. Then there will be peace."
https://www.theatla…
Our piece now available at resilience.org too:
The Macavity of Degrowth – Waste, the Empire that isn’t there… - resilience
https://www.resilience.org/stories/2025-09-22/the-macavity-of-degrowth-waste-the-empire-that-isnt-there/
The thing that scares ME isn't AI per se. It's all the idiots who think AI is a great way to replace workers who actually know what they're doing. These morons are much more likely to bring in the apocalypse than AI itself.
https://fl…
San Fransokyo? In this economy?
Women Are Losing in Trump's Economy (Jessica Grose/New York Times)
https://www.nytimes.com/2025/10/22/opinion/women-trump-economy.html?unlocked_article_code=1.vU8.RcHn.ZamklpwJ2Bhc&smid=url-share
http://www.memeorandum.com/251022/p76#a251022p76
We dismantled the various international apparatus put into place after WW2 that brought about the Pax Americana, and now you say defense demand is unprecedented? Who could have possibly foreseen this, except anyone who passed high school history?
#war
The Russian economy, depending on OIL, is suffocating! Ukrainian DRONES in action #shorts: https://benborges.xyz/2025/08/19/the-russian-economy-depending-on.html
"Among Republicans younger than 45, the decline is particularly glaring: 61% say the country is headed in the wrong direction, a spike of 30 percentage points since June, the last time the question was asked."
https://apnews.com/article/poll-r…
Best title ever
"Wealth tax would be deadly for French economy, says Europe’s richest man" | Bernard Arnault | The Guardian
https://www.theguardian.com/business/2025/sep/21/wealth-tax-would…
Burning 1000 tonnes of fossil carbon, or emitting 4000 tonnes of CO2, causes the premature death of a future person from effects of anthropogenic global warming.
It follows that for every hour that you fly, you typically steal from a future person:
- one day if you are seated in economy class
- 2 days in business class
- 4 days in first class
- 10-30 days in a private jet
Navigating Equity and Reflexive Practices in Gigwork Design: A Journey Mapping Experience
Alicia E. Boyd, Danielle Cummings, Angie Zhang
https://arxiv.org/abs/2509.16808 https:/…
I'm still a bit upset that the people with basically all the money in the world have decided to burn a huge chunk of the global economy, and potentially kill billions of people and end complex human society, because someone invented math that could flirt with people who, despite having basically all of the world's money and the ability to kill billions of people and end complex human society, are the most incompetent and pathetic fucking losers on the planet.
https://youtube.com/shorts/Olhz2JXrll8
Most Americans say U.S. on wrong track on economy, immigration and more: poll (Russell Contreras/Axios)
https://www.axios.com/2025/10/22/poll-us-wrong-track-economy-immigration
http://www.memeorandum.com/251022/p11#a251022p11
Ok, then. So, the super-rich think it’s a bad idea to have a tax that ensures they contribute a *tiny fraction* of their worth to the public purse, thus ensuring governments can provide services for all. How very surprising. https://www.
Predictive Machine Learning to Increase the Throughput of Container Yards
Austin Ford Cooper
https://arxiv.org/abs/2509.16207 https://arxiv.org/pdf/2509.16…
"President Trump’s recent economic moves have accidentally created the very socialist system his supporters claim to despise. Through a series of interventions that would make any central planner proud, the champion of free enterprise has become America’s most effective socialist leader."
‘Marxism-Trumpism?’ Trump’s try at a planned economy is still socialism.
https://thehill.com/opinion/5512143-marxism-trumpism-trumps-try-at-a-planned-economy-is-still-socialism/
♨️ A geothermal network in Colorado could help a rural town diversify its economy
https://arstechnica.com/science/2025/08/a-geothermal-network-in-colorado-could-help-a-rural-town-diversify-its-economy/
Huh. Interesting assertion: https://www.rnz.co.nz/news/business/575077/opinion-nicola-willis-is-right-the-economy-isn-t-as-bad-as-the-merchants-of-misery-claim
Then, at the end, I see who wrote it:…
Resources are depleted, crisis is imminent! Putin's war is draining Russia's economy: https://benborges.xyz/2025/10/24/resources-are-depleted-crisis-is.html
Yes, of course this is absurd on its face as the economy would collapse.
The gist it: it doesn’t work and won’t ever work. ¯\_(ツ)_/¯
Stoller: Why This Economy Feels Weird and Scary:
https://www.thebignewsletter.com/p/why-thi
A look at The Midcoast Villager, a weekly local paper created from the consolidation of four local newspapers in Camden, Maine, with a circulation of ~5,000 (New York Times)
https://www.nytimes.com/2025/10/20/style/midcoast-villager-newspaper-maine.html…
Non-profit Cyber Monitoring Centre estimates that the Jaguar Land Rover cyberattack cost the UK economy at least £1.9B and affected over 5,000 UK organizations (Financial Times)
https://www.ft.com/content/6f2923b3-2a4b-4c9b-9cde-eb5f0d5b9ce3
really loving to get told both that our whole economy is about to collapse because ai is such a big deal and that our economy is about to collapse because ai is a silly bubble
SIMPLETON: Yes, this will crash the economy because wrong math = lost money
EXPERT: No, this won’t crash the economy because people screw up even without AI, business operations are already riddled with ridiculous errors, and human systems have grown resilient to pervasive local failure
WISE SAGE: Yes, this will crash the economy because the economy is currently propped up by gullible investors •believing• this BS is real actual magic, and if they find out it it sucks like normal, the bubble pops
From @…: https://social.coop/@eb/115328355039744280
Better late than never. Now do Israel, you hypocrites.
#EU #EuropeanCommission #russia #Ukraine
One month before elections in Argentina, USA is giving 20 billion USD to Milei to avoid Argentina bankruptcy and election loss. https://english.elpais.com/economy-and-business/2025-09-24/us-negotiates-20-billion-bailout-and-debt-purchase-with-argentina.html
⚡ Want to End the EV Culture Wars? Make EVs Affordable.
#ev
UK economy saw zero growth in July
https://www.bbc.com/news/articles/c203edl1zq3o
"Faced with economic stagnation the elites are panicking. Wild eyed in the control room, they thrash around seeking to fix the unfixable, pushing all the buttons, pulling all the levers, to n…
This could just as easily be the US government...
#LLM #AI #Copyright
Improving Chip Design Enablement for Universities in Europe -- A Position Paper
Lukas Krupp, Ian O'Connor, Luca Benini, Christoph Studer, Joachim Rodrigues, Norbert Wehn
https://arxiv.org/abs/2508.14907
It's the tariffs, silly.
U.S. economy feels the pinch as low-income consumers cut spending - The Washington Post
https://www.washingtonpost.com/business/2025/09/20/low-income-spending-economy/
A Category Theory Framework for Macroeconomic Modeling: The Case of Argentina's Bimonetary Economy
Luciano Pollicino
https://arxiv.org/abs/2508.13233 https://
"Australia has an Everest to climb if it wants to protect itself from climate catastrophe. But do we have the
political resolve? | Erwin Jackson"
#Australia #Climate #ClimateChange…
Fed Lost Access to Private Jobs Data Ahead of Government Shutdown (Nick Timiraos/Wall Street Journal)
https://www.wsj.com/economy/central-banking/fed-lost-access-to-private-jobs-data-ahead-of-government-shutdown-95225bd4?st=X3jCUU&reflink=desktopwebshare_permalink
http://www.memeorandum.com/251022/p118#a251022p118
There is a giant mountain in the US carved with the faces of a couple of slavers, and two guys who tried to stop slavery. Now most Americans will stop right there and say, "wait, two? Lincoln did that though..." They'll say that because Americans don't know anything about their own history, including the fact that the practice of slavery remained central to the southern economy well through Roosevelt's administration. If this is not familiar to you (because, maybe, you were taught history in the US) and you'd like to actually learn about that, you might want to read "Slavery by Another Name."
But let's talk about half-slaver mountain for a minute. This mountain is functionally a sacred site for Americans, but it's literally a sacred site for Black Hills Sioux. Speaking of stolen land, did you know that JBLM (a military base in Washington state) is built on land promised the Puyallup in the Treaty of Medicine Creek before being stolen in 1918? I remember being taught that all the land was stolen a long time ago and now there's nothing we can do. Yeah, does anyone remember that DAPL was under Obama? In fact, unused federal lands are supposed to be returned to the tribes from which the land was taken but there's a whole site to auction off federal property... That's a whole section of the government dedicated to violating the Treaty of Fort Laramie.
They could just comply with the treaty, as they are legally obligated to do. These violations are ongoing. Slavery, again, is still legal. Slaves are still used by major corporations today, they just have to be tricked into confessing to a crime first. The sins that this country is built on remain fully active today... Because the system was built to preserve white supremacists patriarchy. How could the founding of the US not lead *directly* to Trump? How could this have been different, from the beginning?
But, please, tell me, how, exactly, are you going to fix that by voting harder in the mid terms. How?
Russia on the brink: fuel running out, economy collapsing, Africa becomes Kremlin’s new arena: https://benborges.xyz/2025/08/21/russia-on-the-brink-fuel.html
SAP reports Q3 revenue up 7% YoY to €9.08B, cloud revenue up 22% to €5.29B, below €5.33B est., and current cloud backlog up 23% to €18.84B (Christina Kyriasoglou/Bloomberg)
https://www.bloomberg.com/news/articles/2025-10-22/sap-cloud…
Can we start a #ResignNOW #ThankYouForYourAttention campaign across platforms citing his misdeeds?
https://masto.ai/@Non…
Can we start a #ResignNOW #ThankYouForYourAttention campaign across platforms citing his misdeeds?
https://masto.ai/@Non…
Research on UAV Applications in Public Administration: Based on an Improved RRT Algorithm
Zhanxi Xie, Baili Lu, Yanzhao Gu, Zikun Li, Junhao Wei, Ngai Cheong
https://arxiv.org/abs/2508.14096
Paul Krugman sur la bulle AI et l'économie US :
"Le boom de l'IA est donc la seule chose qui maintient l'économie hors de l'eau, et il faut s'inquiéter de ce qui se passera si et quand il s'arrêtera."
https://paulkrugman.substack.com/p/wha
"We are recommending a national screening clearance system and national registration for workers in the aged care, NDIS, veterans’ care and early childhood education and childcare sectors – making it harder for a worker found to be unsafe in one sector to move to another without detection."
Sounds a no-brainer.
PBS Newshour @… : K-shaped economy: Why the wealthy are thriving as most Americans fall behind
https://www.youtube.com/watch?v=xgQlAZ3uTYY
The markets…
🛢 Russia runs out of gasoline: strikes on oil refineries paralyze the economy: https://benborges.xyz/2025/08/21/russia-runs-out-of-gasoline.html
A look at how China gained control over global rare earth supply through state support, domestic industry consolidation, acquiring US companies, and more (Jon Emont/Wall Street Journal)
https://www.wsj.com/economy/trade/how-chin…
The World Economy Was Already Broken (Foreign Affairs)
https://www.foreignaffairs.com/united-states/world-economy-was-already-broken-adeyemo-zoffer
http://www.memeorandum.com/250819/p4#a250819p4
"The AI investment ‘bubble’ (as measured as the stock price relative to the 'book value' of a company) is 17 times the size of the dot-com frenzy of 2000 — and four times the subprime mortgage bubble of 2007. The ratio of the US stock market’s value to GDP (aka the “Buffett Indicator") has moved up to a new record high at 217%, more than 2 standard deviations above the long-term trendline." [ the very definition of abnormal - MB ]
The Weaponized World Economy (Foreign Affairs)
https://www.foreignaffairs.com/united-states/weaponized-world-economy-farrell-newman
http://www.memeorandum.com/250819/p6#a250819p6
Semafor announces an expansion of its live journalism business, led by the growth of its World Economy Summit, and says events account for 50% of its revenue (Mark Stenberg/Adweek)
https://www.adweek.com/media/semafor-events-davos-world-economy-summit/
How Seattle, transformed into a tech hub by Amazon and Microsoft's explosive growth, is grappling with the companies' layoffs affecting local economy (Wall Street Journal)
https://www.wsj.com/tech/seattle-tech-amazo…
Paul Krugman: Trump administration 'about to ICE the economy' with immigration crackdown
https://thehill.com/business/5463724-immigration-crackdown-economic-impact/
So Trump closest friends in Europe won’t stop importing Russian oil, this way Trump can continue blaming “Europe” and delay further sanctions on Putin. So cynical.
#trump #putin #sanctions
QQ for all the "Restore the #RuleOfLaw" folks out there: When militarized police crushed Occupy for daring to challenge the logic of bailing out the bankers who crashed the economy rather than the people they fleeced, was that "Rule of Law"? When militarized police maimed and brutalized water protectors, was that "Rule of Law"? When oil companies and tech monopolies fund both parties and just happen to get legislation that keeps them in power, is that "Rule of Law"? When your tax dollars go to fund genocide, to pay to drop bombs on children, is that "Rule of Law"? When the NSA was spying on American citizens, was that "Rule of Law"? How about the drone strikes on Americans, was that "Rule of Law"? When cops murder people and then use "qualified immunity" to get away with it, is that "Rule of Law"?
Y'all keep talking about how #NoKings is about "restoring rule of law." It's got a bit of a "Make America Great Again" feel to it: you're invoking a return to a history that never actually existed.
U.S. Pledges Support for Argentina's Economy and a Trump Ally in Crisis (New York Times)
https://www.nytimes.com/2025/09/22/us/politics/us-argentina-bessent-javier-milei.html?unlocked_article_code=1.n08.B3bz.vzha4VvKEk4S&smid=url-share
http://www.memeorandum.com/250922/p110#a250922p110
🛠️ New England Unions Lead the Way on Offshore Wind
#union
As a percentage of US GDP, AI datacenter capex is already larger than peak telecom spending during the dot-com era and is approaching the railroad spending boom (Paul Kedrosky)
https://paulkedrosky.com/honey-ai-capex-ate-the-economy/
🤑 Wealth tax would be deadly for French economy, says Europe’s richest man
https://www.theguardian.com/business/2025/sep/21/wealth-tax-would-be-deadly-for-french-economy-says-europe-richest-man-bernard-arn…
Russia's exhausted economy: sanctions, oil refineries under attack, and labor shortages | Explainer: https://benborges.xyz/2025/10/11/russias-exhausted-economy-sanctions-oil.html
Trump planning bailout for farmers after government shutdown ends, Hassett says
https://www.axios.com/2025/10/15/trump-economy-farmers-bailout
📉 Why the Left Should Care About Population Decline
#population
A Nation of Lawyers Confronts China's Engineering State (Dan Wang/The Atlantic)
https://www.theatlantic.com/ideas/archive/2025/08/china-america-tariffs-trump-economy/683895/
http://www.memeorandum.com/250818/p120#a250818p120
Putin is destroying the economy: Russia could be on the brink of default #shorts: https://benborges.xyz/2025/10/11/putin-is-destroying-the-economy.html
A look at why the AI data center building boom could spark a financial crisis akin to 2008, including the rising use of debt financing via private credit funds (Noah Smith/Noahpinion)
https://www.noahpinion.blog/p/will-data-centers-crash-the-economy
The Real Reason Trump Is a Threat to the Economy (Jonathan Cohn/The Bulwark)
https://www.thebulwark.com/p/trump-economy-vibes-real-threat
http://www.memeorandum.com/250914/p16#a250914p16
🪨 The Shadow Economy of Critical Mineral Exports
#trade
**How Trump Broke the Economy: 32 ways Trump is making us poorer and destroying our future**
https://unprecedented.ghost.io/archive/how-trump-broke-the-economy/?ref=unprecedented-newsletter
Trump is selling a strong economy. Voters aren't buying it. (Megan Messerly/Politico)
https://www.politico.com/news/2025/09/13/trump-is-selling-a-strong-economy-voters-arent-buying-it-00561986
http://www.memeorandum.com/250913/p26#a250913p26
'Stop the rhetoric': Fourth generation farmer rips Trump economy in scathing rebuke - Alternet.org
https://www.alternet.org/trump-economy-farmers/
Patreon CEO Jack Conte says the platform paid out $10B to creators since its 2013 founding, creators now get $2B annually, and there are 25M paid memberships (Sara Fischer/Axios)
https://www.axios.com/2025/08/05/patreon-10-billion-creator-economy-ai
…
Russian economy on the brink of collapse due to war #shorts: https://benborges.xyz/2025/08/29/russian-economy-on-the-brink.html
Exclusive: Trump immigration plan may wipe out 15M jobs by 2035, study claims (Russell Contreras/Axios)
https://www.axios.com/2025/10/17/trump-immigration-workforce-economy
http://www.memeorandum.com/251017/p23#a251017p23
Defense drags the economy of the Russian Federation against the background of the crisis #shorts: https://benborges.xyz/2025/08/28/defense-drags-the-economy-of.html
Fired BLS Chief Breaks Silence, Calls Her Dismissal a 'Dangerous Step' (Matt Grossman/Wall Street Journal)
https://www.wsj.com/economy/jobs/fired-bls-chief-breaks-silence-calls-her-dismissal-a-dangerous-step-7e3a6a86?st=zuYYPi&reflink=desktopwebshare_permalink
http://www.memeorandum.com/250916/p156#a250916p156
Putin cannot hide the obvious – the economy has collapsed! #shorts: https://benborges.xyz/2025/09/17/putin-cannot-hide-the-obvious.html
US is working on doubling aid to Argentina to $40 billion by tapping private funding sources (Associated Press)
https://apnews.com/article/trump-argentina-financing-economy-milei-billion-peso-fd38553ae03f4c33ce1288999469f7fb
http://www.memeorandum.com/251016/p82#a251016p82
America's Perón -- Decades of personalist rule turned Argentina into a global economic laughingstock. (Scott Lincicome/The Atlantic)
https://www.theatlantic.com/economy/archive/2025/09/trump-peron-argentina-economy/684117/?gift=WRVScw_b3BW9T3WyO6wALtu3QDMLZyUfQ0RGJa0DnPQ&utm_source=copy-link&utm_medium=social&utm_campaign=share
http://www.memeorandum.com/250907/p55#a250907p55
Senate Votes to Confirm Trump Pick Stephen Miran to Fed Board (Nick Timiraos/Wall Street Journal)
https://www.wsj.com/economy/central-banking/stephen-miran-fed-confirmed-senate-91ad8a8f
http://www.memeorandum.com/250915/p154#a250915p154
Grocery Prices Keep Rising. Frustrated Consumers Are Trying to Adapt. (Christopher Kuo/Wall Street Journal)
https://www.wsj.com/economy/consumers/grocery-price-inflation-customer-reactions-346487f7
http://www.memeorandum.com/251015/p36#a251015p36
There Is a Specter Haunting Trump's Economy: Stagflation (New York Times)
https://www.nytimes.com/2025/08/10/opinion/stagflation-trump-economy.html
http://www.memeorandum.com/250810/p1#a250810p1
Sanders at 'No Kings' rally: Mega-billionaires have 'hijacked' economy (Tara Suter/The Hill)
https://thehill.com/homenews/senate/5562352-bernie-sanders-slams-wealthiest-billionaires/
http://www.memeorandum.com/251019/p23#a251019p23
Republicans See No 'Blue Wave' on Horizon--Unless Economy Falters (David M. Drucker/The Dispatch)
https://thedispatch.com/article/republicans-optimistic-midterms-democrats-economy/
http://www.memeorandum.com/251010/p103#a251010p103
How Americans are feeling about their chances on the job market, according to an AP-NORC poll (Associated Press)
https://apnews.com/article/poll-economy-trump-inflation-electricity-costs-hiring-jobs-ffa4a9de69db090f47f968ba656d694b
http://www.memeorandum.com/251019/p52#a251019p52
Businesses have been eating Trump's tariffs. That's starting to change (Alicia Wallace/CNN)
https://cnn.com/2025/08/14/economy/us-ppi-wholesale-inflation-july
http://www.memeorandum.com/250814/p38#a250814p38