this post was submitted on 04 Oct 2023
68 points (88.6% liked)
GenZedong
4289 readers
93 users here now
This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.
This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.
We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.
Rules:
- No bigotry, anti-communism, pro-imperialism or ultra-leftism (anti-AES)
- We support indigenous liberation as the primary contradiction in settler colonies like the US, Canada, Australia, New Zealand and Israel
- If you post an archived link (excluding archive.org), include the URL of the original article as well
- Unless it's an obvious shitpost, include relevant sources
- For articles behind paywalls, try to include the text in the post
- Mark all posts containing NSFW images as NSFW (including things like Nazi imagery)
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The most obvious way is that productive resources are being directed towards Ukraine rather then being invested domestically. For example, if a country chooses so open a factory to produce artillery shells instead of building hospitals, then this has an impact on the standard of living. The less direct impact comes from the economic war with Russia where western economies are starting see sever economic blowback. Europe in particular has seen a huge increase in energy prices, and this translates into the economic problems we're currently seeing. The rise of BRICS and dedollarization also have an impact as this shrinks dollar based economy.
Ah that makes sense. In the US, I don't hear a lot of chatter blaming the war for our woes, just the usual partisan politics stuff
It's not a coincidence that we saw 11% inflation in cost of living at the start of the war. We imported a lot of things from Russia. Without those things, we have to pay more.