FuckyWucky [none/use name]

Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities in a move that threatens to further dent investor confidence in the world’s second-largest economy.

If rich people can’t pay taxes, they shouldn’t be investing.

“China’s fiscal deficits have reached a tipping point,” said Gary Ng, a senior economist at Natixis. “There is more urgency to find alternative revenue sources . . . and taxing the wealthy and some companies creates a less direct economic impact on most residents.”

Economists should be sent to Mars tbh

The profits being made on those assets aren’t being kept for Russia to use in the future. They’re now being used to fund Ukraine

Rachel, Where do “profits” on these assets come from? These aren’t corporate bonds but Government bonds. The Governments (US, UK and others) are paying the defence contractors using public money.

If there were no Russian foreign reserves being stolen, would the west not have sent weapons to Ukraine? Of course not! The weapons manufacturers have to make profits, it would come out of a different Government account.

They are making excuses to make it look like the public isn’t paying for it.

France’s public-sector deficit is projected to reach around 5.6% of GDP this year and go over 6% in 2025. The EU has a 3% limit on deficits.

oh no, not even Germany follows that deficit limit, its literally a number they pulled out of their asses to fuck up welfare systems. fucking BBC

Oh no not the Putler. Will US sanction Israel then?

That video is the kind of shit Hindutva fascists would come up with.

Still a pretty good deal

It’s nice and all but none of the benefits are going to Indian people.

The Indian oil corps (state owned or otherwise) resell it to other countries or sell it domestically at a markup over INTERNATIONAL prices. And the Government adds a tax on top, just pure brilliance.

Capitalists demand “fiscal prudence” so instead of raising taxes on the rich, they squeeze more purchasing power out of the poor. Really stupid.

They can’t do anything because the Government works for the oligarchs. They can’t increase taxes or raise fiscal deficits because foreign investors might get mad and refuse to lend Dollars to the oligarchs.

So, their solution is denial or using neoclassical garbage to blame welfare recipients for not wanting to work.

British media are such cucks. They call him “Lord” Cameron.

What makes a ‘country’ is and itself very complicated. I do not believe Israel would want diplomatic relations with countries which sanction it.

ISIS was a ‘state’ at its peak and held control over territories but no one else had any formal diplomatic ties with them because everyone rightfully recognized them as an unlawful terrorist state. Is Israel really that different? Israel has shown blatant disregard for any peace plans whether its 1967 or Oslo. There are good reasons to not recognize Israel even though it holds territory.

Also, just because two countries have no formal diplomatic relations doesn’t mean they can’t have interactions. Look at USSR and Israel in this example

https://en.wikipedia.org/wiki/1988_Ordzhonikidze_bus_hijacking

They were extradited to the Soviet Union and sentenced to prison terms, although at that time Israel and the Soviet Union had no extradition treaty as relations were still severed at the time. All hostages were released.