Independent thinking for complex markets and current events
by BoatSurfer600 The cyclical sectors of the economy are facing a sharp downturn as growth slowdown and high cost of capital hurt businesses. Stagflation is the most likely outcome for Europe. Source: Sagar Singh The Entire Euro System Faces Failure The lull in bad news conceals a deteriorating situation. In common with other markets, Eurozone …
Too much is happening too fast in the world. This “polycrisis,” chiefly caused by the rise of AI, climate change, and the Russian invasion of Ukraine, is endangering democracies worldwide. Leaders must step up to respond. https://t.co/S0EExaPWfG — George Soros (@georgesoros) June 6, 2023
by Chris Black In the brave new world ruled by Blackrock, Vanguard et al. you will own nothing. Even your clothes will be rentals. Slavery 2.0. How to Rent Your Summer Wardrobe https://t.co/cOTmvD8Zv5 — Nevo Financial (@nevofinancial) June 4, 2023 Moreover: At least we’re not speaking German, right? This is slavery by choice and consent. …
via indiatimes: Nineteen countries expressed an interest in joining the BRICS group of nations as it prepares to hold an annual summit in South Africa. The emerging-markets bloc of Brazil, Russia, India, China and South Africa will meet in Cape Town on June 2-3 to discuss its enlargement, Anil Sooklal, South Africa’s ambassador to the …
Skynews: Applicants seeking to join RAF described as ‘useless white male pilots’ Leaked emails show the pressure apparently being applied to filter out white male recruits and fast-track women and ethnic minorities. It can also be revealed 31 white men are to receive £5,000 each to compensate them for being unfairly disadvantaged by the approach. …