The rich city of Ingolstadt is facing the worst financial crisis in its history.
The main reason for the misery lies in the crisis of the automotive industry. The days when Ingolstadt was considered a financially healthy municipality thanks to autobauer Audi are finally over.
"We are facing a dramatic, extremely challenging and historically difficult situation”
— Mayor Dr. Michael Kern (CSU)
-> Whole cities start to go bankrupt in Germany. There many are cities that are built around corporations, which now slowly go bankrupt and fire many people … so these cities end up with a huge unemployed population, which eliminates tax revenue, hence the cities are in trouble.
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The main reason for the misery lies in the crisis of the automotive industry. The days when Ingolstadt was considered a financially healthy municipality thanks to autobauer Audi are finally over.
"We are facing a dramatic, extremely challenging and historically difficult situation”
— Mayor Dr. Michael Kern (CSU)
-> Whole cities start to go bankrupt in Germany. There many are cities that are built around corporations, which now slowly go bankrupt and fire many people … so these cities end up with a huge unemployed population, which eliminates tax revenue, hence the cities are in trouble.
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Media is too big
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Here's how much NYC taxpayers have been paying to house illegal migrants these past years
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A sign posted in Washington, D.C., calls on Secretary of War Pete Hegseth to subject U.S. generals to a physical fitness test
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The President of Iran called the US demands to hand over enriched uranium unacceptable.
Masoud Pezeshkian stated that Washington proposed to exchange the entire stock of enriched uranium for a three-month delay before the sanctions are reinstated.
According to him, if Tehran agrees, in a few months the US will make new demands and threaten sanctions again.
An escalation with Iran is in the air again.
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Masoud Pezeshkian stated that Washington proposed to exchange the entire stock of enriched uranium for a three-month delay before the sanctions are reinstated.
According to him, if Tehran agrees, in a few months the US will make new demands and threaten sanctions again.
An escalation with Iran is in the air again.
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Media is too big
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It’s only been a few weeks but already we’ve got cardboard cutout grifters lining up to try and fill the massive hole left by Charlie Kirk. It will get much worse.
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University of Arkansas, we are on the way now to kick off my 10-stop campus tour!
We’ve already sold two different rooms so we are on the way to the biggest room possible to fit as many students as we can!
See y’all on the ground soon!
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University of Arkansas, we are on the way now to kick off my 10-stop campus tour!
We’ve already sold two different rooms so we are on the way to the biggest room possible to fit as many students as we can!
See y’all on the ground soon!
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UK bank denies man's request to withdraw £2,500 of his own money, questions him what he needs it for, and then reject his explanation
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Former CIA Director John Brennan calls on Republicans to move on from the "Russia Hoax": "It's very, very unfortunate that, again, Donald Trump and his, you know, people who are supporting him refuse again to acknowledge that and move on."
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Is the US Dollar set for a rebound?
The Bloomberg US Economic Surprise Index turned positive this week for the first time since February.
The index measures whether economic data comes in above or below consensus estimates.
This comes as Q2 2025 GDP growth, initial jobless claims, and personal spending data all surprised to the upside.
Historically, when the Economic Surprise Index rises and stays positive, the US Dollar tends to strengthen.
Meanwhile, speculative USD short positions by asset managers and leveraged funds have hit their highest level since early 2021.
Is a US Dollar short squeeze imminent?
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The Bloomberg US Economic Surprise Index turned positive this week for the first time since February.
The index measures whether economic data comes in above or below consensus estimates.
This comes as Q2 2025 GDP growth, initial jobless claims, and personal spending data all surprised to the upside.
Historically, when the Economic Surprise Index rises and stays positive, the US Dollar tends to strengthen.
Meanwhile, speculative USD short positions by asset managers and leveraged funds have hit their highest level since early 2021.
Is a US Dollar short squeeze imminent?
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