Is The Economy Just Now Falling Apart

[clarke-connolly]

For what?

Could be a lot of things ~ ~ I was probably riding dangerously ~ ~ What can one do when one knows what is going on in the World.

 

[clarke-connolly]

For life

It says suspended ~ ~ I have no intention in going through any hoops to get back in ~ ~ I might register under a different name in the future ( if I can be bothered )

 

[Mad as Fish]

Could be a lot of things ~ ~ I was probably riding dangerously ~ ~ What can one do when one knows what is going on in the World.

Running with scissors I'd say, remember, if it saves just one life!

 

[Declan]

Gold above $2500 again and I expect all upcoming reports will paint an even dimmer future

 

[jpc]

Been commented on numerous occasions.
But the media is quiet l.

German economic sentiment plunges in August - Gript

A key indicator shows Germany's economic sentiment dived in August, with rising investor pessimism about the country's growth.

gript.ie

 

[jpc]

And to add to all our woes.

European gas price hike boosts Russian fuel sales, outstripping total EU aid to Ukraine

The rise in gas prices in Europe that has been attributed to Ukraine's recent invasion of Kursk is expected to add to Russian revenues from selling fossil fuels, further widening the gap between such revenues and the total amount of EU support to Kyiv.

www.euractiv.com

 

[Esatdigiwank]

Whats with Intel? Have they not cut any Leixlip jobs yet?

 

[Declan]

The dow was s up but tesla and such is strong ll sinking today

 

[Coal Gas and peat]

Whats with Intel? Have they not cut any Leixlip jobs yet?

That bad news is to come in September

 

[Coal Gas and peat]

The dow was s up but tesla and such is strong ll sinking today

Before the trump interview the other night elon was pushing crypto hard offering instant double you coin offer but you had to have crypto to do it.....no cash
To be honest I was very suspicious of it ....he kept saying this is free money no limits 1 coin or 1000 coins would be doubled up instantly on this one time only deal

 

[jpc]

Great article on the nonsense of measuring GNP and suchlike.
An eye-opener.

Gross Domestic Fraud

Why Gross Domestic Product is Grossly Fake

treeofwoe.substack.com

 

[Coal Gas and peat]

Another 250 jobs gone in pharmaceutical packaging plant in dundalk ........pharma is running out of Ireland now

 

[Declan]

It has always been my stance that the best hope for ireland is an economic collapse

 

[Declan]

Gold at an all time high of $2527

 

[PlunkettsGhost]

View: https://x.com/profstonge/status/1826233467916476682

 

[Anderson]

I no longer feel we are heading to the total collapse of the economy, I think we are heading to Weimar Republic territory. They will keep the printing presses going and Inflation will get out of control. Then like Germany, they will introduce a new currency, in this case, a new Digital one to replace the old format and create a new standard. All your old-type Euros, Dollars, and Pounds will be worthless.

Only the online Digital Currency will be legal tender.

 

[jpc]

Good read and insights especially in comments about the decline of manufacturing.

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant | naked capitalism

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.

www.nakedcapitalism.com

 

[Myles O'Reilly]

What's the summary JPC?

 

[jpc]

What's the summary JPC?

Shure ye know Myles.
Stuff about things.

 

[Mad as Fish]

Good read and insights especially in comments about the decline of manufacturing.

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant | naked capitalism

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.

www.nakedcapitalism.com

There are companies I know which are very compentenly run by engineers, the trouble is that are part of corporations which are run by money men who only look to the share price. Different breed altogether.