$500m fire sale: Lenders begin to break up Jean Nassif’s crumbling empire… German property giant Vonovia slips to $2.1 billion loss as sector struggles

More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment owners living in Toplace buildings are concerned that nothing will be left over for them …

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German Day-Care Centers Implement Body Exploration Rooms Where Toddlers Touch Each Other

by Chris Black Daycare centers need extra rooms in which children can explore their bodies alone or with each other. Children between the ages of three and six are very interested in other children’s bodies, not only, but also in their genitals, some very much, some a little or not at all. Parents cannot influence …

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German Establishment in Full Panic

by Chris Black They now recommend voting communists rather than AFD! This guy is the German “finance minister” and head of the “right wing” “pro-economy” and “low taxes” party. Its all a giant circle jerk and everything goes as long as you don’t vote nationalist. This shows that the communists are part of the establishment. …

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German Yield Curve inverted, indicating recession, 6.1% inflation, PMI contraction.

“The German Yield Curve is the mot inverted its been in over 31 years. This may signal an impending recession. Also the German economy: -6.1% Inflation -Contraction in PMI from May to June -GDP forecasted to fall in Q2” Source: https://t.co/kognkNxLL6 — Genevieve Roch-Decter, CFA (@GRDecter) June 27, 2023 “WSJ: Germany has become a drag …

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German Business Morale Worse and Worse Every Month

by Chris Black There was never any stated plan to reinforce the German economy. It’s in a death spiral as a result of the sanctions on Russia. Reuters: German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that Europe’s largest economy faces an uphill battle to shake …

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German Health Minister Announces New Initiative to Combat Heat Wave Deaths by Calling Old People, Reminding Them to Drink Water

“We have to admit that we’re not well prepared to prevent heat deaths in Germany,” former virus pest and enduring political clown Karl Lauterbach declared yesterday. The German Health Minister has announced he will develop a plan to combat summer heat deaths in consultation with various healthcare experts. Envisioned is a system whereby summer temperature …

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German Dream Crushed No Single Homes And Gardens

A single family home and a yard…. that is a wonderful dream. Oddly it was reality throughout much of Europe and much of history. The home might be modest, and the “garden” or yard filled with livestock, but it worked. Germany has always lagged behind poorer countries like Spain and Italy in the rate of …

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Mark Nelson: ‘This is one of the most extraordinary examples of a German leader saying one thing to avoid action on pronuclear sentiment, then saying the opposite once the reactors closed.’

Weeks before Germany's nuclear closed, utility giant @RWE_AG CEO Markus Krebber rejected calls to save them: "There is still enough electricity" The reactors close. Six weeks later Krebber says: "Germany has a serious problem: We don't have as much energy available as we need" pic.twitter.com/zwdLCfg7fz — Mark Nelson (@energybants) June 7, 2023 Words start to …

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