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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Not necessarily. The long-term / short-term focus is a red herring. Without intervention, the system drives people to focus on ever shorter term in order to compete. Because firms can fail due to competition in the short run, before any negative effects of the short term thinking of the competitor have materialized. It's even possible to consolidate the market before "the chickens come home to roost." And then you have the mitigating factors - once you consolidate a critical market, your problems are the society's problem and the society will pay to resolve the issues from your short-term thinking. And then you have the ability to get out of the market before the big problems start showing up. Put all of this together and you can see that the completion for profit in a competitive market can easily drive shorter and shorter term planning without the winning players facing consequences. If it's not profitable to focus on long term planning and the system uses profit to determine success from failure... I think we can't expect individuals or even firms to focus on the long term.
In theory that could all sound very true.
But the investments need to pay themselves back, and setting up large agricultural production takes time to earn back the investment. So there are limits as to how short term you can invest.
This is probably the lowest denominator disease, where investments become more and more irresponsible, because of lack of regulation that set a lower bar for how irresponsible you can be.
Kind of the same as with the financial crisis almost 20 years ago, that caused an economic slump for 10 years. I wouldn't be surprised if the egg market similarly will take a decade to return to normal.
the 1st thing that Trump did, in his 1st term, was remove the market-protective legislation that Obama had put in-place, to prevent a 2nd financial-crisis.
& with Trump & Putin working on dividing & butchering the Western world, there isn't going to be any "status quo" from now on.
I expect Trump to declare outright war on Canada in less than 3y, & to see people die because Canada is going to be the "new Ukraine".
Why?
Because IF Trump can possess both Canada & Greenland, THEN he & Putin can DESTROY the woke EU, together.
"take a decade to return to normal" is believing-in an economic-regime which is .. in the process of falling out a window, same as protesters & dissidents do, in Russia.
10y from now, I believe both Putin & Trump will have fallen, but WW3 will be on, as they will have butchered the West sooo completely, that the rest of BRICS will be unable to let the opportunity just walk by, so they'll simply launch everything against the butchered-West, & hope to win the war.
Actually, I expect that will be going on by 2032, so less than 10y..
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It's very hard for me to believe that could actually happen. Not that Trump wouldn't do it, but hopefully he will be stopped before that. I'm pretty sure Trump is leading USA into economic decline, and that has always been the most sure thing to make a president unpopular. I don't think Trump will have the support of the American people for much longer.