Independent thinking for complex markets and current events
pic.twitter.com/HMUqSVgvTk — Simon Hornstein (@simonhornstein) October 16, 2024 For all its problems, America is still creating new wealth. Western Europe is just redistributing old wealth. — Joel Shepherd Author (@ShepJoel) October 16, 2024
This seems to be the headline time series. Adjusting those retail sales for the 20+% inflation of last 4 years would show an even bleaker environment. Closer to how many people are actually feeling. — Christian Takushi (@ChrisTakushi) October 9, 2024 OUCH! The German govt sees Germany contracting for 2nd consecutive year. The govt revises …
https://twitter.com/MichaelAArouet/status/1843973053879132284 As of recent data, over 20% of the population in many European countries is aged 65 and older. This trend is due to a combination of low birth rates and increased life expectancy, leading to an aging population. This demographic shift presents both challenges and opportunities. On one hand, it can strain pension systems …
MI5 chief Ken McCallum warned that Russia’s GRU is causing chaos in Europe through arson and sabotage, aiming to destabilize the region amid Western support for Ukraine. He also raised concerns about rising threats from Iran, which has engaged in various plots in the UK, alongside ongoing terrorism threats from groups like al Qaeda and …
via notayesmanseconomics A feature of the modern era is the way that things which are predictable are so often presented as a surprise. Today will see several of our themes in play. One of them has been the way that China has been looking to export its way out of its property crisis slow down. …
Germany collapsing diue to losing Russian cheap energy and Framce going down the drain due to Africa doesn’t want to be exploited anymore.
https://twitter.com/MichaelAArouet/status/1838562618333622321 https://twitter.com/MichaelAArouet/status/1838560623598195032
Europe grapples with its decline Americans consumed by their country’s election cycle may be struck by the mood across the pond. In the apocalyptic rhetoric of Republicans, the American economy is the proverbial sick man of the West, hampered by rampant inflation, battered by tides of plundering illegal migrants and doomed by the leftist schemes …
🇪🇺EUROPE FACES BILLION-EURO LOSSES DUE TO CATASTROPHIC FLOODING Central Europe is experiencing its worst floods in decades, with early estimates of economic losses surpassing €1 billion. Countries like Austria, Czech Republic, Poland, and Romania are among the hardest hit by… pic.twitter.com/IXVD3aLk1T — Mario Nawfal (@MarioNawfal) September 18, 2024 With record floods sweeping down the Danube …
At least it’s a really beautiful museumhttps://t.co/yADAx9LJ92 — Michael A. Arouet (@MichaelAArouet) September 4, 2024 #ThanksGDPR https://t.co/3IhjQpgB26 — Kay Jebelli 🇺🇦 (@KayJebelli) September 4, 2024
Freedom of speech means freedom for everyone to tell the truth. That everyone includes members of the European Union. If there is speech that is “misinformation”, they are free to explain why it’s misinformation and provide accurate information. When they try to ban certain… — Think for Yourself (@PhilipBLee) August 19, 2024
Sweden’s public health agency has recorded what it says is the first case of a more dangerous type of mpox outside the African continent. The person became infected during a stay in an area of Africa where there is currently a major outbreak of mpox Clade 1, the agency said. The news comes just hours …
INSANE: Kamala Harris reveals she will be freeing all ILLEGAL ALIENS from detention centers in the United States if she becomes President pic.twitter.com/3Gbtib2HHO — Drew Hernandez (@DrewHLive) August 12, 2024 This is so insane We will end up 100x worse than Europe — Drew Hernandez (@DrewHLive) August 12, 2024 https://twitter.com/ordinarygirl1/status/1823089885978497065
https://twitter.com/MichaelAArouet/status/1821590221814989301
https://www.youtube.com/watch?v=adWmQM5QY0E The UK has been grappling with the arrival of migrants risking everything to reach England, often traversing continents and oceans on perilous journeys from northern France to Dover.
Dear Sharon Stone. America has given you fame and fortune. You are welcome. Please make sure you turn your passport in when you leave. Have a nice life. Sincerely,American citizens — Jackie Ritacco (@HappyGrammy) July 21, 2024
Europe roasts in deadly 44C ‘African bubble’: Brutal heatwave settles over continent with red alerts in drought-hit Italy, raging wildfires in Greece and health warnings for tourists on Spanish holiday islands Southern Europe continues to roast in ferocious heat, with scorching and dry conditions fanning wildfires in Greece and around the Balkans and seeing red …
Can someone explain how fiscal deficits in Europe will be reduced as we go forward given accelerating deindustrialization and upcoming pensions and healthcare entitlements demographics crisis in Germany, Italy and Spain? pic.twitter.com/ZTpb3ctJbG — Michael A. Arouet (@MichaelAArouet) July 4, 2024 pic.twitter.com/Mpxprzyo1T — Michael A. Arouet (@MichaelAArouet) July 4, 2024
Australia and Canada cut rates, now inflation is re-accelerating in both those countries. Europe cut rates, now stocks are imploding. China cut rates, now they're in recession. All U.S. investors want to know is why can't we cut rates too? pic.twitter.com/MNS8k7kIso — Mac10 (@SuburbanDrone) June 27, 2024 Ho lee fuk Emergency rate rises needed. It's …
McDonald’s no longer has the exclusive right to use the label “Big Mac” in reference to chicken burgers sold in the European Union after a ruling by the EU’s highest court. The American fast-food chain popularised the nickname for large burger sandwiches, registering it as a trademark in the EU in 1996. But following a …
Samples have revealed high levels of Trifluoroacetic acid in ten European countries’ water supplies. A joint survey of 23 surface and six groundwater samples from ten EU countries has unearthed high levels of a largely unknown and unregulated “forever chemical”. The concerning levels of Trifluoroacetic acid, or TFA, were detected in Belgium, Netherlands, Luxembourg, France, …
Security services say spate of fires and infrastructure attacks could be part of attempt by Russia to destabilise continent Security services around Europe are on alert to a potential new weapon of Russia’s war – arson and sabotage – after a spate of mystery fires and attacks on infrastructure in the Baltics, Germany and the …
European countries have reported a surge in whooping coughc ases in first quarter of 2024, with 10 times as many identified as in each of the previous two years. Nearly 60,000 cases were reported by European Union and European Economic Area countries over the period, the European Centre for Disease Prevention and Control said on Wednesday, with …
Tucker Carlson’s scathing expose reveals how credit card companies exploit Americans with hidden fees, driving them into debt. Senators Vance, Marshal, and Hawley lead the charge for change with the Credit Card Competition Act, aiming to alleviate the burden on consumers. Meanwhile, alarming spikes in delinquency rates at major issuers like Discover Financial signal economic …
Unbelievable loose financial conditions in Europe! pic.twitter.com/2ZRYhY63Ov — The Macro Guy (@SagarSinghSetia) April 9, 2024 Credit impulse in the euro area stabilizes, easing pressure to cut rates. via Bloomberg pic.twitter.com/OQcF42Bzk4 — Daniel Lacalle (@dlacalle_IA) April 9, 2024
Ukraine-sceptic government ally Peter Pellegrini wins Slovakian presidential election Close ally of populist prime minister Robert Fico claimed 53.85% of vote, beating pro-Western opposition Ivan Korčok Guardian staff and agencies Sat 6 Apr 2024 18.49 EDT Share Nationalist-left government candidate Peter Pellegrini has won Slovakia’s presidential election ahead of liberal, pro-western opposition candidate Ivan Korčok. …
Prime Minister Donald Tusk of Poland delivered a stark message about the escalating tensions in Europe, warning of the grim reality of war. Tusk’s words, reported by various European news outlets, underscore the severity of the Russia-Ukraine conflict, which he emphasized has been ongoing for over two years. The situation has intensified further with reports …
via Mike Shedlock The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Image composite by Mish from the European Commission Compliance Tracker Compliance Rules Deficit rule: a country is compliant if …
