• 1 Post
  • 36 Comments
Joined 1 year ago
Cake day: June 12th, 2023
  • cassetti@kbin.socialtopolitics @lemmy.world•How Restarting Student Loan Payments Could Change Millions of Lives — And The Economy
    3·
    1 year ago

    I was in higher education for ten years. I paid my way through using a combination of private savings, and eventually my father convinced my boss to pay for my education if he wanted me to work full time (I was a REALLY good employee at his small business). I fortunately graduated debt-free unlike most of my peers.

    Yes, I worked my way through, and I “earned” my degree the hard way (I made my boss millions through my own hard work for his company so I earned that degree).

    But, I still 100% support any kind of student debt relief for everyone struggling to pay off student debt. It’s called wanting a better life for my fellow human. That money in their wallet would be better spent in the local economy, not paid to some mega bank corporation swallowing up interest on student debt.

    I guess I just have compassion for my fellow human being over some ruthless corporation.

  • cassetti@kbin.socialtoNews@lemmy.world•The recession should probably be here by now
    11·
    1 year ago

    Name one. Excluding mixed economies and state run capitalist countries.

    History absolutely has examples of recessions occurring in non-capitalist countries. Here are a few instances:

    • Soviet Union (1980s): The Soviet economy experienced a period of stagnation and recession during the 1980s. A combination of factors including inefficiencies in central planning, declining oil prices, and a lack of technological innovation led to economic troubles. This culminated in the eventual collapse of the Soviet Union.

    • Cuba (1990s): After the collapse of the Soviet Union and the loss of its economic support, Cuba entered a period known as the “Special Period in Time of Peace.” This was characterized by a severe economic downturn, shortages of basic goods, and a drop in GDP. Cuba’s economy is based on socialist principles.

    • North Korea (1990s): Following the collapse of the Soviet Union and a reduction in aid from communist allies, North Korea faced a period of economic decline in the 1990s. This was marked by food shortages, famine, and a decline in industrial production.

    • Venezuela (21st century): While Venezuela has been characterized by a mixed economy with elements of socialism, it’s worth mentioning due to its economic troubles. The country experienced a deep recession starting in the mid-2010s, driven by falling oil prices, mismanagement, and political instability.

    • Cambodia (late 1970s): After the Khmer Rouge regime took control, Cambodia’s economy suffered a massive collapse due to forced collectivization, execution of professionals, and isolationist policies. The country went through a period of severe economic depression.

    • Maoist China (“Great Leap Forward”, late 1950’s): While China under Mao Zedong’s leadership implemented communist policies, it’s important to note that there were periods of economic turmoil. The Great Leap Forward (1958-1962) aimed to rapidly transform China’s economy through collectivization and communal farming, but it resulted in widespread famine and economic setbacks.

  • cassetti@kbin.socialtoWorld News@lemmy.ml•The failure of Luna 25 cements Putin’s role as a disastrous space leader
    1·
    1 year ago

    There’s been a lot of chatter that he is seriously ill (I’ve heard cancer or Parkinson, but who knows what it really is) - people who’ve analyzed the recent photos say they see swelling in his hands/wrists which could indicate the use of strong steroids which are known to alter thought processes that could explain his recent believe that he could win a conflict with Ukraine and beat India to the south pole of the moon (concurrently no less).

    I’m honestly impressed that russia admitted the landing failed at all, I figured they would have simply kept quiet. I guess they know we have strong enough telescopes to see the crash site? Who knows lol

  • cassetti@kbin.socialtopolitics @lemmy.world•The average doctor in the U.S. makes $350,000 a year. Why?
    14·
    1 year ago

    Who do you think writes the medical textbooks handed out to med students? Part of the scam is in the training how and what to prescribe. Many doctors will treat the symptoms while ignoring the cause. A proper healthy diet and exercise could cure a lot of things, but that’s not profitable advice to give.

    I know a woman who spent years fighting a bunch of skin problems and other issues, visiting all kinds of doctors. Finally she figured it out herself. She had turned herself entirely “vegan” for probably a decade or longer, choosing to forgo all meat, especially red meat. Guess what fixed her big issues? Eating a small filet of steak several times a month - her blood type and genetics required something that she was lacking in all her other vitamins/minerals/etc intake. Not saying eating red meat every day is good for the average person either, but just one example where her condition stumped doctors for several years before she chased down a wild theory herself and it worked.