Boomers have a total stranglehold over the French economy
Boomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case that Boomers are…
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Argentina has spent $1.1 billion in just three days to prop up the peso
This involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% following Milei's severe…
Austrian Economy (literally) idea: Abolish all subsidies and introduce a flat tax of 16% in Austria instead. Good or bad proposal?
Seit der Coronakrise sind in Österreich die Subventionen explodiert und nicht mehr auf das Vorkrisenniveau von 2019 zurückgegangen, während der Staat trotz der Sparpakete das…
Bulgaria at Night 🔥 The only business that is growing in Bulgaria 😂 Guess what!
Das einzige Business, das in Bulgarien floriert. Ratet was! Gambling. An jeder Ecke gibt es mittlerweile ein Casino und die Branche scheint regelrecht zu boomen.…
The chart that shows why the Federal Reserve cut interest rates
So the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed) inflation…
Lack Of Conscience To Humanity
Whenever things don't go right in our economy, we complain of bad leaders and bad government ruling the country without positive goals to change situations. This have become a…
French credit ratings in the spotlight
The French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime Minister Michel…
Foreign Central Banks Now Hold More Gold Than US Treasuries
Here's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was…
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