I agree with Macron. I want Europe to become the world's "third world power." Another democratic great power in the world would benefit U.S. security, economic, and moral interests. But to become a great power, one has to act like one, and spend like one, esp on defense.
Which sectors suffer when bank lending contracts?
Safe to say that Real Estate is the WORST allocation right now, if bank lending continues to contract.
Find all the data here -> https://t.co/mG96BQzevU
Venäjällä on Ahvenanmaalla valtava konsulaatti, joka valvoo Ahvenanmaan historiallista jäännettä, eli demilitarisoitua asemaa.
Nopeasti kannatusta saava kansalaisaloite esittää tuon konsulaatin sulkemista.
Allekirjoita. Ja jaa verkostoissasi laajalti:
https://t.co/dqll7y5mjb
“German chancellor Scholz appears less accommodating to China than his predecessor Merkel,but commercial interests still hold sway. Macron’s conception of France as a “balancing power” in world affairs brings unhelpful ambiguity. Now more than ever,EU needs a single voice on🇨🇳@ft
🧵For three decades we were told the globalization, export-driven modernization, offshoring our manufacturing to #China will make the PRC a more open and democratic society. As one US senior official opined, “China would become a responsible stakeholder in the int’l system.” 1/10
🧵I keep reading comments calling for the US to abandon #Ukraine and focus on #China, arguing that real US interests are not in Europe but in the Indo-Pacific. So let me bring a reality check into this debate to understand what’s at stake. Let’s talk economics for a change. 1/6
Xi Jinping sowed the seeds in G20 meeting in Bali, and now the remaining harvests are being collected. When the noise calms down after Macron’s and von der Leyen’s visits, we will see even a more confident Xi Jinping – who just witnessed the lack of European and also transatlantic unity driven by national short term interests. No doubt it also pleases Xi’s close friend Putin.
Whilst the Chinese Communist Party engages in power trading, the supposedly geopolitical European Commission still hasn't learned the language of power 🇪🇺 🇨🇳
France urging #China to get into the business of brokering a peace deal between #Ukraine and #Russia is the last thing we need. China is Russia’s ally against the West and Asian democracies. Doesn’t President Macron get that? Sigh…. #StandWithUkraine https://t.co/LCtTcgkFHm
Natsinenäni kertoi oikein, että Marova on vatnikki. On kuin onkin Buchan teurastuksesta tykkäävä russonatsi.
Hyvin te vedätte @yleuutiset , kun saitte tämänkin haastateltua matkailujuttuunne.
We watched Trump's speech. He didn't talk about "things that Americans are going through", he talked about things he is going through. Trump is not a victim. This indictment isn't an indictment on all Americans, it's an indictment on one man who has committed multiple crimes.
There is fierce competition between German Chancellor and French President over who will kneel more in front of the Chinese dictator to get more contracts for their companies, effectively increasing European dependency on the will of Chinese Communist Party.
Strategic stupidity.
In today's #vatniksoup, I'll introduce a Finnish economist, conspiracy theorist and doomsayer, Tuomas Malinen (@mtmalinen). He's best-known for promoting market crash every two months, for his alleged support for the WEF conspiracy theory, and for his pro-Russian hot takes.
1/23
Miten kehtaatte tehdä tällaista @Teboil2 ? Vainoatte suomalaista yrittäjää saadaksenne rahaa @Lukoil :lle. Kuinka menee omasta mielestä @RauhanenMikko ?
Arvaapa, ostetaanko teiltä ikinä koskaan mitään tällaisten temppujen jälkeen?
https://t.co/mO6DYJRgv4
*US 10-YEAR YIELD FALLS TO 3.263%, LOWEST SINCE SEPT. 12
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Rising or falling rates are neither bull nor bearish for risk markets like stocks or credit. It depends on why they are rising or falling.
In this case, why are rates falling? Because the economy is fine, and inflation is returning to a long-run rate of 2%? If so, this is bullish for risk assets.
Or are rates falling because storm clouds are gathering over the economy, led by worries in the banking industry? If this is the case, this is not bullish for risk assets.
I'm in the storm clouds camp.
Authoritarian regimes use disinformation to further their interests and to destabilize our democracies. If we fail to recognize disinformation as a threat to national security, we ignore one of the most powerful weapons of the 21st century against free and democratic countries