Forwarded from ZeroHedge
The Deindustrialization Of Germany Will Cripple The EU For A Long Time
Germany is facing major problems in its aging workforce and deindustrialization that will have long-term impacts on the European Union (EU), warns economist Mike Shedlock. Bloomberg reports that decades of flawed energy policies, the demise of combustion-engine cars and a sluggish transition to new technologies pose a fundamental threat to Germany's prosperity. The political class lacks leadership to address the structural issues which threaten competitiveness. While brands such as Porsche and BMW defined the combustion-engine era, Germany’s electric cars have struggled. Demographic shifts have forced companies to cut output, costing the economy as much as $85bn per year.
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Germany is facing major problems in its aging workforce and deindustrialization that will have long-term impacts on the European Union (EU), warns economist Mike Shedlock. Bloomberg reports that decades of flawed energy policies, the demise of combustion-engine cars and a sluggish transition to new technologies pose a fundamental threat to Germany's prosperity. The political class lacks leadership to address the structural issues which threaten competitiveness. While brands such as Porsche and BMW defined the combustion-engine era, Germany’s electric cars have struggled. Demographic shifts have forced companies to cut output, costing the economy as much as $85bn per year.
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Forwarded from Watcher Guru
JUST IN: 🇺🇸 FED Chair Jerome Powell says it could be a couple years before interest rate cuts.
@WatcherGuru
@WatcherGuru
Forwarded from Watcher Guru
Watcher Guru
JUST IN: $9 trillion asset manager BlackRock to file for Bitcoin ETF, CoinDesk reports. @WatcherGuru
CoinDesk
BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.
https://en.wikipedia.org/wiki/European_Travel_Information_and_Authorisation_System
Let's see how they enforce this when thousands of irregular immigrants enter EU every day
Let's see how they enforce this when thousands of irregular immigrants enter EU every day
Forwarded from unfolded.
There were 461.6k new subscribers to r/ethereum this week and 364.3k new subscribers to r/Bitcon, bringing the total number of new subscribers to crypto subreddits, also including r/EthTrader and r/Cryptocurrency, to 845k, the highest since the week ever.
Forwarded from Market News Feed
BREAKING: 🇺🇸 US NATIONAL DEBT REACHES $32 TRILLION ...
Forwarded from Disclose.tv
NEW - Global "sex reassignment surgery" market revenue is poised to garner $3.2 billion by 2032 with a growth rate (CAGR) of 20.4% from 2023 to 2032 — Acumen Research
@disclosetv
@disclosetv
Forwarded from Watcher Guru
JUST IN: Citadel, Fidelity, and Charles Schwab launch new crypto exchange platform, EDX Markets.
@WatcherGuru
@WatcherGuru