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Cake day: July 17th, 2023

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  • Sweden is fairly unique as it’s economy wasn’t destroyed by WWII, and it’s stance on banking, foreign exports, and foreign ownership has enabled it to make massive profits. But the economy is seriously struggling today. The average home loan takes 100 years to pay off.

    Finland economy replaces oil with timber and an extremely educated population. Both of which are not sustaining the model well as the country is in recession. The timber industry isnt producing sustainable profits like it used to. The debt-to-GDP ratio is extremely high. The highly educated population is leaving and people don’t typically immigrate to Finland.

    So arguably the model isn’t working anymore, without something like oil to fall back on.







  • Lowpast@lemmy.worldtomemes@lemmy.worldMaybe they're onto something
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    3 months ago

    The no-poo (no shampoo) movement is very real and definitely works for many people (dependant on hair type and oil secretions). Basically, once you stop washing away your natural oils daily, the production normalizes and then a regular rinse with water and occasionally something like diluted soap, lemon juice or apple cider vinegar.

    I’ve met them, I was one, I know them. You wouldn’t know unless they told you.





  • Back when there were numerous loopholes, deductions, and methods of evasion and nearly none paid that rate? And when they later lowered effective rates, closed loopholes, and ended up collecting more?

    Yeah, let’s do that. Let’s incentive finding ways to avoid paying taxes.

    This is exactly how you give incentives to higher CEO pay. Record profits? Give all of it to the CEO and you’ll pay none of it to the government. You didn’t mention a higher personal tax rate, so end of the day the CEO wins.

    Own an S-Corp? Pass through all profits to yourself and pay 0%.