

Are you Indian?
Belgian 29 year old male, accountant, into physical fitness, outings and watching TV series/films. Enjoy pestering you about your political views and interested in economics.
Are you Indian?
To be expected
Apocalypse in [insert updated date]
Don’t you worry, my job will be replaced by AI as well. By 2026 peppol invoices will be enforced in Belgium. Reducing bookkeepers their workload.
ITers replacing my job: 😁😁😁
ITers replacing their own jobs: 😧😧😧
My mate is applying to Amazon as warehouse worker. He has an IT degree.
My coworker in the bookkeeping department has two degrees. Accountancy and IT. She can’t find an IT job.
At the other side though, my brother, an experienced software developer, is earning quite a lot of money now.
Basically, the industry is not investing in new blood.
Basically, while you’re alone. We all have eachother ☺️
Have a great time
Nah it’s not going to get cheaper. Your imports on beef have been higher than the exports.
For some reason your country chose to export a lot of beef while also importing a lot of beef.
Let’s see…
https://www.beefmagazine.com/cow-calf-operation/why-does-the-u-s-both-import-and-export-beef-
The article highlights several key points to explain why the U.S. both imports and exports beef:
Market Efficiency: Markets function to maximize the value of products and use resources efficiently. This means producing goods where it is most cost-effective and meeting demand where it is highest.
Supply and Demand Balance: The U.S. imports beef to meet domestic demand for specific types of beef that are not produced in sufficient quantities locally. Conversely, it exports beef to capitalize on international markets where certain U.S. beef products are highly valued.
Consumer Preferences: Different markets have varying preferences for beef types. By engaging in both import and export activities, the U.S. can cater to diverse consumer tastes both domestically and internationally.
Resource Optimization: Importing and exporting allow the U.S. to optimize its production processes. For example, the U.S. might import lean beef for ground beef production while exporting high-quality cuts that fetch better prices abroad.
Global Competitiveness: Participating in global trade helps the U.S. beef industry remain competitive. It ensures that the industry can adapt to changes in supply and demand, maintain market share, and support economic growth.
These factors collectively contribute to a robust and flexible beef industry in the U.S., benefiting both producers and consumers.
Both powers have been handling in their own interest.
Biden sending funding to Ukraine has been good for Europe. Trump stopping this funding has been bad for Europe.
Biden wants to keep the American hegemony.
Trump wants to isolate the USA in favour of companies inside the country.
The EU hasn’t been arming themselves because there was no need for it. Not threatening with weapons is being a quite attractive trade partner. The lack of weapons caused Europe to be more stable when cooperating with eachother.
There has been a major history of infighting in Europe. So unifying ourselves after the 2nd world war is a major benefit for us.
Now that we are more unified, we can rearm ourselves properly. With hopefully a European army that defends the whole European union.
Obama/Biden were good for Europe. Trump is bad.
If the next president is good for europe, then so be it.
But the volatility shows that changes must be made. More autonomy, the stability of china is actually looking quite good.
But china shows different issues. That of freedom of expression.
So, we’ll need to rearm, have a bit more hard power. We can’t be the only ones trying without.
Get rid of your military might and then we can do the same. But nah, that’s not going to happen.
Jan heeft 5 appels, vermoordt Piet en neemt zijn 3 appels. Hoeveel appels heeft Jan nu?
We failed to make Russia bend the knee with soft power.
Rearming Europe, after decades of trying without, is necessary because there’s an ongoing war in Europe.
We overestimated our influence without an army, and that’s even with the army of turkey and USA on our side in case we’d get attacked.
Violence is necessary, just unwanted. If someone hits my wife then I’m not going to use my words to solve the situation.
It’s complicated because if you give everyone a gun, then there’s a shooting happening every day. Give nobody a gun, then we don’t know how to defend our countries.
Pros and cons to be outweighed, depending on the larger context.
Ai is the future
Forcing Chinese capitalists to invest in poorer countries, is pretty brilliant.
This is a win for the world and a loss for the Chinese government.
The DCA method. They say time in the market beats trying to time to market.
But in these times, it’s obviously those with money outside of the market that have the biggest gains.
COVID had a one month crash. Then here in Europe we had the energy crisis bear phase.
But between the financial crisis and COVID it went relatively smoothly.
Future can’t be predicted. DCA or building up a lump sum for a bear phase. No idea which of the two is the best option.
The latter is probably the safest one.
General known info would be that lump sum beats DCA 2 out of 3 times. Well, we’re after a crash. So I just am pumping everything into it.
Into European stock tho, not touching crazy.
But for anyone reading this: keep an emergency buffer of 6 months on your savings account. Your choice if that’s 6 months expenses or 6 months income.
If you get fired, you have unemployment benefits, if you get sick you get sick pay.
We have the ability to seek a bit more risk in our private lives.
Two rules. Only buy. No sell.
There’s only so much I can pump 😩
How is he not dumb? I’ve seen his texts in private chats. That’s not meant for the public. And god damn does he seem dumb
Ah, well, you see, that’s just silly. Thought we could have a fun little game here but you’re a teenager
Being told that it was a mistake just means that you need to fire whoever told you that.
They bombed it twice