I don’t think business really wants interest rates that high. Without conspiracy theories, a simpler explanation is that this is simply democracy in action. People don’t want the spending reigned in, and they don’t want their taxes raised.
I think in this thread it’s worth posting out that interest rates aren’t actually high historically. They’re pretty normal. They were just wildly low for around a decade or so.
If you look at a 30-year fixed mortgage chart, the <6% rate situation only existed between roughly 2008 and 2021. At no other time in the history of the 30-year fixed rate mortgage was it ever that low. Ever.
Except these programs keep your people alive and healthy and able to work and consume and live. The other money just kills people. And it’s also not just about this “operation” (aggression war). It’s about the whole military budget. Come on, now.
I also thought that the military budget was too big... in 1998. But in 2026, Europe is raising defense spending targets to 3.5% of GDP, which is more than what the U.S. spends: https://www.bbc.com/news/articles/clyz4nq91wpo
It turns out that, if the U.S. isn't willing to guarantee your security, you have to spend 3-5% of GDP on defense (just like Europe used to do before 1990). As the U.S. loses hegemony and we move to a multi-polar world, everyone's military budgets will go up.
Lots of countries around Brazil are taking pix. Argentina, Uruguay, Paraguay.
And you can totally expand the idea. The fact that you need national id for pix doesn’t mean the idea “doesn’t scale.” It means the current implementation of it is not focused on use by visitors.
I really don’t understand what you’re getting at, it seems like a pretty narrow view of the possibilities.
Meanwhile US citizens are using paper (cash and cheques) for lots of transactions. Or one of the big credit card corporations.
Bright, big, and colourful are exactly the things I want from a theming kit, though (that said, I'm a GNU/Linux head, if I have my way I'll never touch anything from Apple again).
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