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The Indonesian rijsttafel (pr: RYST-tah-fell), a Dutch word that literally translates to "rice table", is an elaborate meal adapted by the Dutch from the Indonesian feast called nasi padang.
Prizes for what it's an anagram for.
"Really, it's just so terribly troublesome, a free European lunch" It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
Under these conditions trans-nationals can 'arbitrage' the labor costs of their goods by buying labor in low COL and wage rate areas, selling in high COL and wage rate areas. Ever since I learnt about confirmation bias I've started seeing it everywhere
But obviously this sticks the money markets with the unenviable role of actually doing their jobs. So naturally they tend to object to that.
- Jake Austerity can only be implemented in the shadow of a concentration camp.
Well acknowledged place tariffs can, under some circumstances, have deleterious outcomes. It's not so well-acknowledged¹ placing tariffs too low can also have deleterious outcomes.
It would help if economists, policy advisers, and Decision Makers could spell "d-y-n-a-m-i-c f-e-e-d-b-a-c-k l-o-o-p-s" ... but let us not wish for the impossible.
¹ Generally by regulators and their "enablers" sticking their fingers in the ears and shouting, "La! La! La! I can't hear you!" Ever since I learnt about confirmation bias I've started seeing it everywhere
Such as subsidy-by-dead-coal-miners and subsidy-by-dumping-dioxin-in-the-river.
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