Merijn ´Anti-fascist/Antifa´ Knibbe
@merijnknibbe.bsky.social
640 followers 1.1K following 1.4K posts
Economic historian, involved with the interplay of the long-run development of physical and monetary value of production and wealth. Anti-fascist (shorter: Antifa).
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Reposted by Merijn ´Anti-fascist/Antifa´ Knibbe
aukehoekstra.bsky.social
If you want an explanation of why China is kicking the EU car industry to the curb, look no further than the criminally knuckle dragging EU car makers demanding new loopholes so they don't have to meet any meaningful low emission targets for cars in the EU.
www.ft.com/cIfontent/5a...
Carmakers demand EU eases ‘rigid’ 2035 petrol car ban
Environmental groups say carmakers’ demands risk halving electric vehicle sales in Europe
www.ft.com
merijnknibbe.bsky.social
Ik ❤️ Sylvana Simons
nadiabouras.bsky.social
Dit was de essentie van de uitzending gisteren: geen kumbaya, maar de ondemocratische krachten snoeihard de waarheid zeggen.
merijnknibbe.bsky.social
Yup. But maybe, just maybe, it should not just be about scale and access. Maybe, just maybe, not just the freedoms of capital, goods, services, and people (read: labour) are important. Maybe, just maybe, we might be inspired, one last time, by the US as it used to be
Reposted by Merijn ´Anti-fascist/Antifa´ Knibbe
noelreports.com
NATO is reportedly preparing for a stronger pushback against Putin’s hybrid warfare, plans include deploying armed drones along the Russian border and relaxing rules so pilots can open fire on Russian aircraft based on radar or threat assessment rather than visual confirmation.
merijnknibbe.bsky.social
Trump started, 10 years ago or so, with 'lock her up'...
govpritzker.illinois.gov
I will not back down.

Trump is now calling for the arrest of elected representatives checking his power.

What else is left on the path to full-blown authoritarianism?
Donald Trump Truth Social Post: Chicago Mayor should be in jail for failing to protect Ice Officers! Governor Pritzker also.
Reposted by Merijn ´Anti-fascist/Antifa´ Knibbe
govpritzker.illinois.gov
I will not back down.

Trump is now calling for the arrest of elected representatives checking his power.

What else is left on the path to full-blown authoritarianism?
Donald Trump Truth Social Post: Chicago Mayor should be in jail for failing to protect Ice Officers! Governor Pritzker also.
merijnknibbe.bsky.social
The video going viral is the intention. They want this to be known.
Reposted by Merijn ´Anti-fascist/Antifa´ Knibbe
noelreports.com
One of Russia’s main supply routes from China has been shut down. From today, the border with Kazakhstan is fully stopped.. over 5,000 trucks are stuck, inspections are ongoing, and goods are being confiscated. Drones, EW gear, batteries, components, nothing is getting through.
merijnknibbe.bsky.social
The suit to wear when protesting the Kristi Noem
merijnknibbe.bsky.social
The protesters should dress up as puppies...
merijnknibbe.bsky.social
Full body armor...
Puppy war in Portland...
Kristi Boomboom Noem...
Potemkin Portland...

Sorry. I should not skeet about the US. But... I do take the violent Trump-takeover of power in the US very serious. But the deflection tactics employed by mrs. Noem do challenge me.
ronfilipkowski.bsky.social
Kristi Noem confronts enemy combatants in the Portland war zone today.
merijnknibbe.bsky.social
´het pijpen´. Vergelijk: een pijporgel. `Pijpen´ is een oude term voor fluitspelen. Engels: de rattenvanger van Hamelen heet daar ´the pied piper´. Hier zijn het de rattenvangers van het Binnenhof, ´The populist pipers´.
merijnknibbe.bsky.social
End. Any remaining mistakes are due to Grammarly.
merijnknibbe.bsky.social
F. Changing capital markets. Banks create money, which people use to invest or to purchase consumption items (credit cards!). However, local investments in ports or houses or electricity grids can be financed by local savings. Technology can unleash this. People will own their environment.
merijnknibbe.bsky.social
E. Low interest rate. In the current EU environment, there is no reason to expect a higher interest rate. Food and energy inflation is high, but that is to be expected with de-growth policies like literally (!) pouring concrete in Dutch natural gas wells without higher investments in alternatives.
merijnknibbe.bsky.social
C) restricting credit aimed at financing asset purchases (existing houses...). Investing in more houses (splitting houses? Fine!).
D) higher spending in countries like Germany and the Netherlands, which have unsustainable large positive current account balances
merijnknibbe.bsky.social
B) Domestic credit not aimed at financing asset purchases but GDP transactions has to increase. Particularly, direct investments or purchases that lead to investments by companies. Currently, this is happening in the military production sector. It could have happened with medical devices or ....
merijnknibbe.bsky.social
The question is how this had to be financed.

1) Jobs (not Italy but Spain and Greece) were pre-2009 financed by projects ultimately funded by large current account deficits and, hence, international debt (reckless capital). The creditors (like my pension fund) should have written down debt.
merijnknibbe.bsky.social
About this:
A) Austerity led to HUGE declines in participation and employment
B) These people could have worked, increasing GDP and taxes -> lowering deficits and debt
C) Employment in Greece is STILL lower
D) This also led to the permanent shrinking of Greece. Outmigration. They won´t come back.