"On May 16, Moody’s #downgraded the US credit rating to AA1 from its longstanding position of AAA. On May 22, the #House passed the #Trump administration’s reconciliation package, which included #tax cuts and a $4 trillion lift to the debt ceiling."

Yahoo Finance https://finance.yahoo.com/news/this-is-the-most-significant-thing-for-bond-and-stock-investors-to-watch-124041893.html

@Lijo +9001%

Doof nur dass #Fairphone das nach dem #FP3plus #downgraded hat...

• kein #DualSIM (#eSIM zählt nicht!)
• kein #Klinkenstecker
• >€500 Verkaufspreis

Except THIS is not how any of this works!....

• All it will do is see the #USA as #unpredictable, #unstable and less #trustworthy than the "P.R." #China or even #Russia under #Putin.

#Trump literally lashing out against friends and neighbours will only backfire hard, and I expect @EUCommission and @europarl_en to enact #PrizeFreezes for #US #products & #services whilst forcing #Retaliatory #Tariffs on all US #products and espechally #services, demanding 100%+ in all #fees, and #revenue of #GAFAMs' services and products to the point that they'll effectively cancel half their revenue that flows back.

• Plus forcing all products and services to be processed and sold via a #EU-based #corporation and adding a 30% "#AlienTax" as the #USA already does for i.e. #App #developers that ain't from the US even if they never sold a single license to a US customer.

Not to mention cancelling any #DataProtection agreements that only stalled the foreseeable court decision that #CloudAct is incompatible with #GDPR, thus banning #Office365 / #Microsoft365, #iCloud et. al. from the EU!

• And yes, this level of #retaliation is not only just, but #overdue, as we need @european_alternatives / #EuropeanAlternatives to #VISA, #AMEX, #MasterCard, #PayPal, #Steam, etc.

Given #Trump can't be assed to even fake any #loyality or #allied status even for the cameras, this is a #ForeseeableConsequence.

• As only with #Accountability and #Consequences will we see change, and punishing the GAFAMs is a neessity in this regard.

Unless we want to end up #downgraded into the state of a US-occupied overseas possession without statehood, like #Guam, #PuertoRico or #AVI...

#USpol

So, I #downgraded my #cellphone I went from an $800 flagship to a $300 mid-tier #phone. Why? Several reasons: (1) I bought my old phone at the beginning of the #pandemic due to my pone dieing. (2) I'd heard good things about the brand. (3) I didn't see a lot of options.

It was one of my worst decisions. Why?

1/?

So not only is #Amazon adding adverts to their standard tier, they’ve also #downgraded the #video and #audio quality. Still no option to ditch the video service altogether and just pay for the shipping benefits as #Prime used to be.

https://www.theverge.com/24071417/amazon-prime-video-no-dolby-vision-atmos