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JanSt
searching PlanetScale…
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361.
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JanSt
7y ago
France does absolutely not care whether the money is taxed in the US or not. They want to tax the money internet giants make in France. All the money these companies make is shifted (by "license agreements") into tax havens, thus
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JanSt
7y ago
Yes, it is correct and has nothing to do with deferred US taxes. They avoid paying taxes in France, Germany, etc. by transfering the profit to (for example) Ireland where they are taxed at extremely low rates. This is not about US taxation.
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JanSt
7y ago
It's because the internet giants always declare zero profit, because they pay their own subsidiary in a tax haven a high "license fee". France tries to close that loophole.
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JanSt
7y ago
No further opinion on Macron but... In this case it was the US breaking a multilateral contract they negotiated themselves and pretty much all European nations tried (and are still trying) to save the deal.
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JanSt
7y ago
American experience with painkillers in Germany after surgery https://www.youtube.com/watch?v=MfTMRrJrM7Y&t=7m31s
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JanSt
7y ago
The possibility to work part time with pro-rata pay is mandated by law in some countries under certain conditions (15+ employees,...) (i.e. Germany).
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JanSt
7y ago
https://www.quackwatch.org/01QuackeryRelatedTopics/pauling.h...
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JanSt
7y ago
That's not a correct description, but it's true in some way. 1) QE did not transfer money with any caveat to pay bondholders. QE is not like giving cash to a country. The ECB buys up bonds on the open market (thus mostly from bank
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JanSt
7y ago
Not having to pay rent seems to be far from useless. Substract that rent from the disposable income and recheck the numbers. Wealth is worth much more than income.
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JanSt
7y ago
Disposable income is not wealth
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JanSt
7y ago
Welcome to HN! There are a lot of facts to find here. Median wealth (USD) per adult: #13 Spain 87,188 .. #15 Italy 79,239 .. #29 Germany 35,169 #30 Slovenia 34,043 https://en.wikipedia.org/wiki/List_of_countries_by_weal
372.
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JanSt
7y ago
That may be a part of it, but it's mostly due to homeownership. Germany is a super risk-averse country, thus few people invest their money. Most people hold everything in cash, thus they get very low returns. It's also the reason
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JanSt
7y ago
No, you are wrong. The ECB does not have to balance interests. It‘s independent and it‘s job is monetary stability, not economic interests. It‘s also not widely accepted that it‘s in Germanys interest. In fact it is against it. Germans hold
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JanSt
7y ago
QE is made for Southern Europe, the North has argued against it for years (especially Jens Weidmann). Draghi is Italian.
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JanSt
7y ago
It‘s not based on facts but on feelings. The facts show that GB had way more rights and power to decide than Germany (exlusions from certain EU rules everyone else accepted etc.) Germany is also by far the single biggest financial contribut
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JanSt
7y ago
No, it won‘t. 1) You‘d still get a risk premium, because only known information can be priced into the stock. Unkown information is risk. 2) Capital is rare. There is no unlimited supply, so it‘s distributed between assets as well as availa
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JanSt
7y ago
Germany already has extremely high energy prices (~0,29€/kwh) of which nearly 0,07€ is just for renewable energy subsidies. More investments will not increase jobs, because China produces solar panels at way lower costs. While I agree
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JanSt
7y ago
Marvin Minsky https://www.theverge.com/2019/8/9/20798900/marvin-minsky-jef...
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JanSt
7y ago
Thanks, that's interesting. "Every one must judge according to their own feelings." That's a nice example on how it can be used. Most of the older examples include "every" or "any" before using they.
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JanSt
7y ago
As a non-english native, I didn‘t know that. I thought „they“ always meant more than one. What‘s the reasoning if you know the gender? How to differenciate between a group and a person whose gender is unknown?
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JanSt
7y ago
Would you use your savings to build property in a city with policies like this? How long will new property be exempt? 5 years? What then? Nearly no one will build anything anymore.
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JanSt
7y ago
They already receive $4.4bn/year through the Länderfinanzausgleich (mostly from bavaria) to finance their irresponsible policies. I guess it will just be increased, no need for black/green coalition to add anything.
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JanSt
7y ago
Vacancy is extremely low in Berlin
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JanSt
7y ago
Can you elaborate on what you define as speculation and how it increases prices?
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JanSt
7y ago
The thing is, that there is no real "pure" speculation without the demand. In Berlin only 1.7% of housing is empty, of which 41% is because of ongoing modernisation, 31% because of renter currently changing and 12% because of mold
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JanSt
7y ago
You can be sure they are using circuit breakers etc. to avoid that.
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JanSt
7y ago
These things often come and go in waves. Socialism is a very strong but diverse set of policys. For Europeans like me, free healthcare is not part of socialism, while in America it is often seen so. That said, socialism sounds great on pape
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JanSt
7y ago
If JQuery is all you need to get the job done, go for it. It's still fast, simple and easy to develop. If you need state management, build a very complex app, etc. ... don't.
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JanSt
7y ago
Lump sum every month, 38h / week
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JanSt
7y ago
You should read up on the ruling. Every country has to implement it's own law. It's allowed to include specific regulations on these corner cases. (FYI, I'm still tracking the exact time, but the time I have to work gets redu
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