Independent thinking for complex markets and current events
SWEDEN’S top banking chief has branded Bitcoin as ‘pure speculation’ that doesn’t belong in the nation’s financial system. Speaking after a parliamentary hearing earlier today, Erik Thedeen, governor of Stockholm’s central bank, warned Swedes off investing in cryptocurrency. “I want as little Bitcoin as possible in the Swedish financial system,” he said. “It’s an instrument …
In English: The military may borrow your property…. https://rib.msb.se/filer/pdf/30307.pdf h/t Its Time
In a landmark decision, the Grand National Assembly of Turkey has passed a bill endorsing the Protocol on Sweden’s accession to NATO. The proposal received overwhelming support, with 287 votes in favor out of 346 participating deputies. Despite 55 deputies voting against the proposal and 4 abstaining, Sweden is set to become the 32nd country …
Welcome to NATO. Swedish defense officials’ warning to brace for war as the nation nears NATO membership has prompted some panic and caused supplies to fly off shelves, according to reports. “For a nation for whom peace has been a pleasant companion for almost 210 years, the idea that it is an immoveable constant is …
Sweden’s central bank is in dire need of a taxpayer bailout, joining the Bank of England, which received $35 billion in assistance the previous year. This trend is indicative of central bankers turning to already financially burdened taxpayers for support. The figures are even more staggering for the Fed, with a deficit exceeding a trillion …
Erdogan has signed the Protocol on Sweden's Accession to NATO. Sweden is about to become the 32nd NATO member state. 🇹🇷🇸🇪 pic.twitter.com/6Hbl70X43w — Visegrád 24 (@visegrad24) October 24, 2023