Independent thinking for complex markets and current events
EU’S TRADE WALLS BACKFIRE: FOOD PRICES SURGE, EXPORTS CRASH Imagine if every U.S. state had to agree before making any trade deal, and then California always got the final say. That’s basically how the European Union works. Countries like Estonia and Cyprus can’t cut their own deals. They’re stuck with what the EU decides. Now, …
The Italian police raided some of LVMH’s Dior suppliers that make luxury handbags. Italian prosecutors found Dior paid $57 to produce bags retailing for $2,780. Judges placed Dior and Armani units under judicial administration for one year. Two Italian luxury giants pay just a small amount to produce handbags that retail for thousands of dollars, …
US COMPLETELY FUNDS EVERY ASPECT OF UKRAINE, INCLUDING SALARIES FOR 57,000 FIRST RESPONDERS pic.twitter.com/K0IWtUHOTp — The_Real_Fly (@The_Real_Fly) September 25, 2023 https://www.youtube.com/watch?v=jkGJw5wUZI0 Senator Shocked By Classified Briefing On Ukraine: Warhawks Want Blank Check With No Victory In Sight https://t.co/bvL3yJzrAj — zerohedge (@zerohedge) September 25, 2023 BILLIONS IN US DOLLARS HAS RESULTED IN STATE OF THE ART …