News for hackers. Stuff that matters.
Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by Centigonal on Friday April 04, 2025 @09:51PM (#43589785)
Some stats from this video:

- The UK has one of the worst homelessness problems in Europe, with about 1 in 50 Londoners experiencing homelessness.

- The UK economy stagnated for 10 years following 2008, resulting in a "lost decade"

- The median disposable income in the UK was slightly lower than the US and Norway before the GFC by 6-8%, not it's 16-20% behind.

IDK if I'd call this a crisis, i.e. people aren't rioting in the streets. That said, this is not the direction you want to be moving in as a developed country. The trend of people in formerly dominant countries electing leaders who keep making stupid own goals (increasing economic inequality, Brexit, gutting the NHS, gutting US foreign aid, tariff-pocalypse) is very worrying.

Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by card_zero on Friday April 04, 2025 @10:25PM (#43590059)
Ten times? More like two times:

US population is around 340 000 000, 770 000 homeless.

UK population is around 68 000 000, 354 000 homeless. (Possibly calculated more inclusively.)

That's 0.23 % and 0.52 %.

(Numbers from https://en.wikipedia.org/wiki/Homelessness_in_the_United_Sta... and https://en.wikipedia.org/wiki/Homelessness_in_the_United_Kin... or more specifically from a govt department and a homelessness charity. The US figure "does not include those staying with friends or family because they do not have a place of their own".)

Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by Centigonal on Friday April 04, 2025 @10:48PM (#43590208)
Hey, so I was wrong in saying the UK has 10x the homelessness rate of the US. I used a stat from the video that "approximately one in fifty Londoners are now homeless." That's London, not the UK. Thanks for catching that -- I will update my post.

But also, uh, you're wrong too! Your numerator for the UK figure is actually an estimate for homeless people in England, while your denominator includes the whole UK.

Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by card_zero on Friday April 04, 2025 @10:54PM (#43590240)
Fair enough. (England's population is 57 million, so that's 0.62 % in England.)
Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by orwin on Saturday April 05, 2025 @07:02AM (#43592422)
Homelessness is a housing issue first, a poverty issue second. See housing as a game or musical chairs. If you don't have enough, the one getting stuffed first are the slowests (in that case, the unemployed poor, then the working poor).
Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by wooger on Monday April 07, 2025 @09:57AM (#43611570)
You probably don't want to get your stats from random youtube videos.