MMT Portugal
@mmt-portugal.bsky.social
Some fuses are short but powerful.
Modern Monetary Theory.
Just a guy on the MMT cyberspace.
Modern Monetary Theory.
Just a guy on the MMT cyberspace.
The EU Commissioner for Financial Services(...) is the Portuguese ex finance minister Maria Luís Albuquerque who helped implement the Troika austerity agenda during the bailout period. She wants all EU citizens and pension funds to invest their savings in markets. Insanity.
November 15, 2025 at 12:49 PM
The EU Commissioner for Financial Services(...) is the Portuguese ex finance minister Maria Luís Albuquerque who helped implement the Troika austerity agenda during the bailout period. She wants all EU citizens and pension funds to invest their savings in markets. Insanity.
October 14, 2025 at 8:22 PM
Portugal. Another news article about the country with the biggest increase of house prices in EU on the 2nd trimester: 17,2%.
Followed by Bulgary (15,5%) and Hungary (15,1%).
Source: eurostat.
expresso.pt/economia/eco...
Followed by Bulgary (15,5%) and Hungary (15,1%).
Source: eurostat.
expresso.pt/economia/eco...
October 4, 2025 at 9:31 AM
Portugal. Another news article about the country with the biggest increase of house prices in EU on the 2nd trimester: 17,2%.
Followed by Bulgary (15,5%) and Hungary (15,1%).
Source: eurostat.
expresso.pt/economia/eco...
Followed by Bulgary (15,5%) and Hungary (15,1%).
Source: eurostat.
expresso.pt/economia/eco...
Portugal: government considers that moderate rents fall into 400 to 2300 euros per month. This range is used for fiscal benefits etc. 2300€ is almost twice the French net minimum salary.
September 25, 2025 at 7:38 PM
Portugal: government considers that moderate rents fall into 400 to 2300 euros per month. This range is used for fiscal benefits etc. 2300€ is almost twice the French net minimum salary.
Portugal: improvised rooms with 2 square meters (2 meters long by 1 meter width) are being rent for 300 euros per month in Lisbon.
September 21, 2025 at 3:08 PM
Portugal: improvised rooms with 2 square meters (2 meters long by 1 meter width) are being rent for 300 euros per month in Lisbon.
The AI might not be just a hype about to crash any time soon. For example this is actually what some people are aiming at - a job post from LinkedIn. There's some probability that either working hours decrease and employment rate is sustained or working hours are maintained and unemployment rises.
September 3, 2025 at 9:58 PM
The AI might not be just a hype about to crash any time soon. For example this is actually what some people are aiming at - a job post from LinkedIn. There's some probability that either working hours decrease and employment rate is sustained or working hours are maintained and unemployment rises.
The EU can intimidate any of its adversaries with its 3/60 fiscal rules. Any enemy can look at the healthy finances of Portugal and Greece and they will all chicken-out.
September 1, 2025 at 6:24 PM
The EU can intimidate any of its adversaries with its 3/60 fiscal rules. Any enemy can look at the healthy finances of Portugal and Greece and they will all chicken-out.
Acording to Mr. ChatGPT it's going to take a bit longer to overtake human habilities. Imho I think it's going to happen much sooner. And of course the benefits will be in the hands of the owners of these upcoming mega AI platforms.
August 11, 2025 at 7:53 PM
Acording to Mr. ChatGPT it's going to take a bit longer to overtake human habilities. Imho I think it's going to happen much sooner. And of course the benefits will be in the hands of the owners of these upcoming mega AI platforms.
This, I believe, is the "day the World has changed". In a couple of years, maybe 5 at most, there will be no need for sophisticated human brain capabilities to conduct fundamental or applied investigation, etc. Brain jobs taken by AI, manual jobs by robots. A new world is unfolding.
August 8, 2025 at 8:10 AM
This, I believe, is the "day the World has changed". In a couple of years, maybe 5 at most, there will be no need for sophisticated human brain capabilities to conduct fundamental or applied investigation, etc. Brain jobs taken by AI, manual jobs by robots. A new world is unfolding.
If anyone's interested, there are 16000 houses available for sale in Portugal with prices starting at 1 million euros.
July 27, 2025 at 3:15 PM
If anyone's interested, there are 16000 houses available for sale in Portugal with prices starting at 1 million euros.
And the Oscar for the most stupid magazine cover of the year goes to...
July 17, 2025 at 9:00 PM
And the Oscar for the most stupid magazine cover of the year goes to...
I always keep this chart in handy to remind that public debt and inflation are totally uncorrelated. In fact, if gov deficit is channeled to support sectors of high demand, naturally, given enough resources, there will be more of those services and products for sale, 'lowering' their prices.
July 12, 2025 at 5:09 PM
I always keep this chart in handy to remind that public debt and inflation are totally uncorrelated. In fact, if gov deficit is channeled to support sectors of high demand, naturally, given enough resources, there will be more of those services and products for sale, 'lowering' their prices.
Endless economic growth starts to look more like there isn't going to be much of a future.
June 30, 2025 at 12:34 PM
Endless economic growth starts to look more like there isn't going to be much of a future.
What currency does Poland use?
a) euro
b) their own currency
a) euro
b) their own currency
June 21, 2025 at 12:56 PM
What currency does Poland use?
a) euro
b) their own currency
a) euro
b) their own currency
Somebody shutdown the fan because it's going to be all over the place and it's going to be nasty, it's going to be dirty, it's going to look and smell bad.
June 5, 2025 at 7:59 PM
Somebody shutdown the fan because it's going to be all over the place and it's going to be nasty, it's going to be dirty, it's going to look and smell bad.
Imho this is not correct. China doesn't sell its cars to USA or EU in echange for its currency. The USA or EU don't create Chinese currency Yuan (CNY). US and EU commercial banks issue debt in $ or € not CNY. Chinese CB (via goverment spending) + commercial banks finance their industries. Full stop.
May 28, 2025 at 6:44 PM
Imho this is not correct. China doesn't sell its cars to USA or EU in echange for its currency. The USA or EU don't create Chinese currency Yuan (CNY). US and EU commercial banks issue debt in $ or € not CNY. Chinese CB (via goverment spending) + commercial banks finance their industries. Full stop.
More nonsense. National debt on a currency issuing government is the total spending into the economy minus collected taxes. If there's a perfect trade balance with partner economies, that's all there is to it.
May 17, 2025 at 2:23 PM
More nonsense. National debt on a currency issuing government is the total spending into the economy minus collected taxes. If there's a perfect trade balance with partner economies, that's all there is to it.
source: Overtourism Statistics and Rankings on the World’s Top 40 Cities
April 25, 2025 at 8:33 PM
source: Overtourism Statistics and Rankings on the World’s Top 40 Cities
April 11, 2025 at 8:05 PM
