Interested in Politics, Investing and Travel. Favorite quote "... people who use fiat currency as a store of value, there's a name for them, we call them poor."
Good Morning from Germany, where the power market just delivered a lesson in renewable volatility.
Despite sunshine and record solar output, electricity prices surged >€700/MWh this week. Tuesday’s avg was still >€200/MWh.
Why? Wind generation collapsed. Plenty of sun. Almost no wind. Costly electricity.
@a_nnaschneider@Tim_Roehn ÖRR abschaffen wäre das einzig sinnvolle. Die Grundlage des Staatsvertrages besteht im Jahr 2026 nicht mehr. Es gibt unzählige Wege sich zu informieren.
As everyone watches the SpaceX IPO today, its worth remembering this advice from Buffett
"The idea that a newly issued security (IPO)—brought to market at a time of the seller's choosing and surrounded by massive hype—is the single best bargain among thousands of global businesses is absolute nonsense.
When an offering carries a ridiculous 7% commission just to incentivize salespeople, it simply cannot be the most attractive investment available.
While people easily get caught up in the excitement of a new launch, look at the reality: you have thousands of existing public companies whose prices are set by a natural auction market, free from aggressive promotion or hidden fees.
It makes no sense to buy a security precisely when an insider decides the timing is perfect to sell. Frankly, it isn't worth spending five seconds thinking about IPOs."
- Warren Buffett
US tax authorities will be barred from pursuing claims against the president, his eldest sons and the Trump Organization under a deal to halt a $10bn lawsuit against the Internal Revenue Service. https://t.co/UTiZF44UqA
Great line by @OilCfd
“Iran [is] maintaining the illusion that it controls the strait, Trump [is] maintaining the illusion that he controls oil prices, and China [is] maintaining the illusion that none of this affects them.”
Die Querdenker haben eine neue Heimat gefunden: der Deutsche Gewerkschaftsbund. Hier dürfen sogar Mathematik und Demographie ausgelacht werden, weil die Erde so ist, wie der DGB-Funktionär es will. @dgb_news
@bursche_lauf X ist in dieser irren Zeit - bei aller ber. Kritik - die wichtigste Informationsquelle überhaupt.
Aaaaaber: Wer sich hier informiert, kann praktisch nicht mehr CDUSPDGRÜNE wählen - kein Wunder also, dass SPD, Grüne & Linke uns hier nicht weiter "bespielen" wollen... Smiley!
100.000 € Jahresgehalt = 4.650 € netto monatlich.
Das ist nicht “reich” – das ist normale Mittelschicht. Wer die als “Reiche” beschreibt, hat den Realitätsbezug verloren. Unsere Abgeordneten sind dann ja Multimillionäre.
Begriffe sind inflationär geworden –wie die Steuern.