#capitalismfail — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #capitalismfail, aggregated by home.social.
-
The AI boom propping up markets could trigger the next crash, central anks warn
The vast surge of #investment in #AI, which has powered #global #StockMarkets to record highs, #risks ending in a #financial #bust, the Bank for International Settlements warns, as the build-up’s hidden #costs begin to surface in company accounts and #consumer #prices alike.
#crash #EconomicCrash #bubble #inflation #PeopleNotProfits #CapitalismFail (again)
-
The AI boom propping up markets could trigger the next crash, central anks warn
The vast surge of #investment in #AI, which has powered #global #StockMarkets to record highs, #risks ending in a #financial #bust, the Bank for International Settlements warns, as the build-up’s hidden #costs begin to surface in company accounts and #consumer #prices alike.
#crash #EconomicCrash #bubble #inflation #PeopleNotProfits #CapitalismFail (again)
-
Number of people in very deep poverty in UK hits record high
Hardship in #UK has worsened, with about 6.8 million people living in "very deep #poverty" — highest level in more than 30 years — a #charity said on Tuesday
Very deep poverty is defined as earning less than 40% of the UK median household #income after #rent. For a couple with two children, this amounts to £16,400 (€18,900) per year or less.
#austerity #ToxicTories #ToxicLabour #CapitalismFail #UnitedKingdom
-
Number of people in very deep poverty in UK hits record high
Hardship in #UK has worsened, with about 6.8 million people living in "very deep #poverty" — highest level in more than 30 years — a #charity said on Tuesday
Very deep poverty is defined as earning less than 40% of the UK median household #income after #rent. For a couple with two children, this amounts to £16,400 (€18,900) per year or less.
#austerity #ToxicTories #ToxicLabour #CapitalismFail #UnitedKingdom
-
#Criminal, #private #parking corporations
Our car was clamped while parked at NET Forest Tram Park-n- Ride in #Nottingham' Fined £140
Prominent signs displayed at entrance state those parking without using tram will be clamped
We used tram to/from city centre
Notice on BACK of sign stated in small print #drivers have to buy ticket on arrival
We appealed citing inadequate signs; rejected
#CapitalismFail #CarParks #privatisation #misinformation #disinformation #scams
-
#Criminal, #private #parking corporations
Our car was clamped while parked at NET Forest Tram Park-n- Ride in #Nottingham' Fined £140
Prominent signs displayed at entrance state those parking without using tram will be clamped
We used tram to/from city centre
Notice on BACK of sign stated in small print #drivers have to buy ticket on arrival
We appealed citing inadequate signs; rejected
#CapitalismFail #CarParks #privatisation #misinformation #disinformation #scams
-
Donors raise $233,000 to give #US shopping cart pusher, 90, chance at retirement
Dillon #McCormick, an air force veteran, had been supporting himself by pushing #shopping carts in #Louisiana’s triple-digit temperatures
https://www.theguardian.com/us-news/article/2024/jun/01/louisiana-go-fund-me-veteran-cart-pusher
#America #retirement #SocialSecurity #poverty #pension #OAP #WageSlaves #ModernSlavery #Capitalism #CapitalismFail
-
Donors raise $233,000 to give #US shopping cart pusher, 90, chance at retirement
Dillon #McCormick, an air force veteran, had been supporting himself by pushing #shopping carts in #Louisiana’s triple-digit temperatures
https://www.theguardian.com/us-news/article/2024/jun/01/louisiana-go-fund-me-veteran-cart-pusher
#America #retirement #SocialSecurity #poverty #pension #OAP #WageSlaves #ModernSlavery #Capitalism #CapitalismFail
-
Mystery man chops wood to keep his neighbors from freezing
For many #Americans, warmth is another unattainable luxury. A New York woodsman is easing the suffering
He delivers seasoned hardwoods often to elderly people, the ill, or both
His soft voice hardens when discussing America’s insufficient safety net: “Heat in the winter,” he said. “It’s a human right”
#heating #winter #HumanRights #NewYork #America #CapitalismFail #elderly #retired #OAP #pension #sick
-
Mystery man chops wood to keep his neighbors from freezing
For many #Americans, warmth is another unattainable luxury. A New York woodsman is easing the suffering
He delivers seasoned hardwoods often to elderly people, the ill, or both
His soft voice hardens when discussing America’s insufficient safety net: “Heat in the winter,” he said. “It’s a human right”
#heating #winter #HumanRights #NewYork #America #CapitalismFail #elderly #retired #OAP #pension #sick