What you're referring to are actually two streams in fado. The oldest one from Lisboa is the "common" one. The Coimbra one is the elitist version. The second style of fado developed roughly from the 1870s to the 1890s in the university city of Coimbra. In contrast to the Lisbon style, which sprang from a sidelined segment of society, appealed to working-class audiences, and included many female performers, the Coimbra style (also called canção de Coimbra, “songs of Coimbra”) was generally a product and a pastime of the privileged classes, and it was typically performed by men. Cultivated in cafés by college students and university faculty, the new fado drew from the city’s deep literary tradition, as well as from bel canto singing and diverse musical styles brought by students from various regions of Portugal. A further difference between the Coimbra and Lisbon styles was the manner in which they addressed the hardships of everyday life: the fado of Coimbra inspired hope, while that of Lisbon suggested surrender. Other distinctive features of the Coimbra style included a lack of improvisation (performances were solidly rehearsed) and the elevation of the guitarras and violas to a position of prominence from what had been an essentially accompanimental role. Indeed, the Coimbra tradition generated a separate, instrumental repertoire for guitar. And then came on the stage the Queen of the Fado, Amalia Rodrigues, and everything changed.
Photography is a train wreck. I know a couple of guys my age who were photogs for magazines, newspapers etc That job basically barely exists now. They lost their studios and everything. Not just the media work is gone - also a lot of the ad work.
It's clearly set up by God's design for the Milongas. You'd think that with God's representative on earth being Argentine, he would know that.
I meant Francisco, not you ...but come to think of it, you'd see eye to eye with God, sending people to die in a fire and all that.
Target got woke: Target is cutting prices on up to 5,000 items amidst inflation to lure back customers.. McDonald’s just announced the same thing last week. pic.twitter.com/zGbWz0XRXa— SAY CHEESE! 👄🧀 (@SaycheeseDGTL) May 20, 2024
https://jabberwocking.com/study-suggests-republican-panic-caused-recent-inflation/ ok, this is fascinating. Basically, as soon as Biden won, Republicans started worrying about inflation. And then those irrational fears actually created a lot of inflation. The WSJ did some work correlating inflation and Trump voting, by states. They confirmed the hypothesis. The policy implications are simple, IMO…don’t let Republicans vote anymore.
Here is the actual article, not that Drum stuff. https://www.wsj.com/politics/policy...8ulzkrjx5v4&reflink=desktopwebshare_permalink But Binder and her co-authors posit that expectations helped push inflation higher. The theory that beliefs about inflation matter was cemented following America’s painful experience in the 1970s. The more inflation businesses expect, the more they will raise prices in an effort to get ahead of rising costs. Similarly, workers will demand bigger wage increases if they expect more inflation, pushing labor costs higher. ... “But people who didn’t believe that narrative, they saw inflation rising and they extrapolated that forward and their expectations rose,” said Binder, author of the new book “Shock Values: Prices and Inflation in American Democracy.” “And that in turn kept inflation rising more than it otherwise would have.” In October 2022, when inflation was running hot, Republicans in the Michigan survey said they expected prices to increase by 7.6% over the next year, versus 3.1% for Democrats. Even though inflation has since moderated, the gap remains wide: This month’s survey showed Republicans expect 4% inflation, compared with 2.2% for Democrats.
Unless Republicans are out buying everything in sight, I don't see how this affects inflation. It may affect the feeling that inflation is out of control even when in reality inflation is at 3%. But how does it affect the demand/supply curve? But this is the bad news for Biden "A Wall Street Journal poll in March found that 74% of Americans who lived in seven swing states for the coming election said that inflation had moved in the wrong direction over the past year. In fact, inflation dropped from 6% in February 2023 to 3.2% in February 2024. "
Every person who lives in Michigan and sets prices (small business owners, individuals who provide a service like massages or house cleaning, every dentist with a practice, every regional manager) every one of those people affects prices. So if their information bubble makes them irrationally afraid of inflation, they’re more likely to raise prices and they’ll raise them higher.
It’s stable. And 3.3% is a fine total. But the Fed is GOP friendly and it doesn’t need much of an excuse to raise interest rates when a Democrat is president . I’m nervous.
This was a key part of the theory of Greed-Flation that Odd Lots talked about. Normally businesses would not all keep raising prices because they'd be afraid to lose market share to competitors. But if pricing becomes unmoored from usual expectations, it seems business can keep raising prices and customers will pay them. What causes this situation to happen is a pricing shock like Corona supply chain or the Russian gas crisis where suddenly huge bumps can be rationalised
If inflation becomes the expectation, consumers buy now as they expect prices to go up so demand stays up. Producers expect their raw materials to go up so they raise prices. Wage demands go up to keep pace. Doom looping can start if it bets unhinged. The fed will not be content with 3.3% inflation. I don't think they want to see another rate hike but they need to see more for a rate cut. The 2% targetl is most important from a credibility and prredictability standpoint as if consumers, producers, service providers and investors have to start guessing what the fed's latest and greatest target might be, things can get crazier than they are. Hopefully things can settle and there isn't a disruption.
Joe’s fault I assume: Walgreens is joining other retailers in cutting prices across the board, from snacks to toiletries and even Squishmallows, in an effort to lure back inflation-weary shoppers turned off by high prices. https://t.co/BY8FWFXmDh— WSVN 7 News (@wsvn) May 30, 2024
My brother worked as a newspaper copy editor for years. Over that time he gradually watched more and more of his coworkers being laid off, and more work piling on for those who were left, with corners being cut wherever possible. He finally got out of that business a few years ago after seeing the trajectory and wanting to make sure he wasn’t next.
I feel that this is very much part of the US job culture. I have heard many times over the years from friends and family about how X person was let go and it sucks because now there is going to be a re-org. Which is just a different way of saying "we are spreading their tasks to 3 or 4 different people and continue to do that until we burn everyone out"
The paper he was working for didn't get bought out by Alden or Gannett by chance, did they? At least with Gannett you have a chance. Alden will just run you into the ground. And it's run by people who think Gordon Gekko is a good person. I again bring up the executive and stock prices story. I really wanted to ask the guy who had Christian on his social media profiles if he worshiped Mammon. One of the things I learned reading Invisible Bridge was that Reagan was getting friendly with corporate types who all thought the New Deal was the worst thing ever. And there's plenty of CEOs old enough to still worship Reagan and the likes of Friedman and Rand. Biden marching with the UAW definitely showed that things are shifting. That said, my old employer laid me and several others off last September. Two months after I got let go it's already backfiring on them and they're losing people left and right. Oh, and their automation project failed. For all the hype I hear of AI, I still laugh.
No idea, he worked at the Oregonian for maybe a decade, and before that a subsidiary of the LA Times. I think I remember him saying the Times was worse in this regard.
Technically, 3.3% is above the feds own mandate though. Unless and until that mandate changes, they are required to continue addressing it. Arguing if and when the mandate is wrong, well, that's a different question entirely.