The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.

  • kreskin@lemmy.world
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    8 hours ago

    If you are above the 1% in wealth in the US, these are the best times for you in American history. Measurably much better than the gilded age.

    We’re almost coming to parity with medieval pre revolution France.

    • A wildly unequal treatment by the justice system
    • The will of the public is not represented in what government does.
    • Massive national (public) debt
    • Disconnected leaders vs frustrated starving peasants who feel they have no future.
    • Profligate royal spending
    • A huge wealth gap across society
    • Increasingly poor treatment of the peasantry by the wealthy driving a breakdown of societal trust
    • regressive Taxation focussed on lower class paying for everything
    • Useless foreign wars that serve no national interest.

    Its all pretty much spot on. All we lack is someone with the formal title “king”, a few droughts and extreme weather, and a run of bankruptcies and we are all the way there, or even past the french situation.