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Cake day: March 17th, 2024

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  • National government debts are usually owed to a variety of domestic banks, private investors, and similar interests. I don’t know about China for sure, but I’ve never seen anything indicating that it’s different in this regard. Not much of it, as a proportion, is owed to foreign governments or investors. So far as I’m aware, the main unusual things about China’s government debt is that Chinese citizens have a high savings rate (meaning banks holding those savings have more to work with as creditors) and the provincial governments have quite a lot of debt (potentially almost as much as the central government when added up, though I don’t know where to get reliable numbers for this)








  • Orban is against the recognition of Palestine even though Hungary technically officially recognises it and hasn’t withdrawn that recognition, and he’s also one of the loudest voices amongst Islamophobic and right-wing EU political leaders. Presumably Netanyahu figures that an ally like that within a bloc as big as the EU, which also has some more pro-Palestine voices who could potentially sway others, is worth the cost of Russia being in a better position. After all, while it is an ally of Iran, Russia’s attention is largely being kept elsewhere for now




  • Skua@kbin.earthtoEurope@feddit.orgCan we ban Politico.eu links?
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    1 month ago

    Without wishing to weigh in on this specific case right now, I think we have to recognise that votes don’t work for all instances of this because way too many people do not read the article. An outlet can publish an incendiary headline and then people that agree with it upvote it without ever noticing that the article doesn’t actually back it up


  • Scotland has indeed had a lot of problems with drinking too much. Still does, but there have been major improvements. When the laws that brought in the 10am - 10pm limit were introduced in 2005, Scotland was seeing roughly 2.5 times as many alcohol-specific deaths per capita as the UK as a whole and almost twice as many as Northern Ireland, the second-worst for it. And that’s the UK, a country with a notoriously unhealthy drinking culture in the first place. Scotland remains clearly the worst in the UK, but the gap has narrowed to more like 150-200% instead of 250%. A few things to note:

    • The 2005 law brought in many changes on the recommendation of a 2003 report, so effects can’t be isolated to the limited hours alone. Promotional deals on alcohol were severely restricted, as an example
    • Further changes have been made since to introduce things like a minimum price per unit of pure alcohol
    • Scotland’s alcohol problem hits the poorest hardest, but is certainly not exclusive to the poorest or to the homeless. The laws were not specifically aiming to reduce alcohol consumption among the homeless in particular

    As I understand it, the reasoning was basically to minimise how often people would be buying more alcohol while already drunk. I think that this is probably a sensible move. I definitely enjoy alcohol, and I can recognise that it’s much easier to make poor decisions about how much to drink when you’ve already had a few

    It’s definitely not a magic bullet, of course. Nothing ever will be. But yeah, I do think it can help

    Separately, it is so engrained in me that I feel deeply uncomfortable buying drinks in a supermarket late at night in other parts of the UK