Is The Economy Just Now Falling Apart

On the horizon for EU energy.

open.substack.com

Drowning Swimmers

Will Norway risk going down with Europe’s sinking energy ship?
open.substack.com open.substack.com
 
The employment report this friday is crucial, if we get that far
 
Declan said:
The employment report this friday is crucial, if we get that far
Click to expand...
Thiers movement all around us and the uk had its biggest fall against the dollar yesterday in 30 years --stg fell a complete 1%in a few hours .
their employment figures are up their dole payments are vast and rising .
their gilts/bonds are hitting 6% to keep people buying them in order to bail them out but at a cost they cannot afford --without major remedy the uk is going to crash shortly and the only thing on starmers mind is to obey his chosen people and start a war with Russia all mad mad shit -- the fall of Britain would not be good for us as they cannot afford anything we make then and they are our biggest market .
 
BIG FAT HOOR said:
Thiers movement all around us and the uk had its biggest fall against the dollar yesterday in 30 years --stg fell a complete 1%in a few hours .
100 their employment figures are up their dole payments are vast and rising .
their gilts/bonds are hitting 6% to keep people buying them in order to bail them out but at a cost they cannot afford --without major remedy the uk is going to crash shortly and the only thing on starmers mind is to obey his chosen people and start a war with Russia all mad mad shit -- the fall of Britain would not be good for us as they cannot afford anything we make then and they are our biggest market .
Click to expand...
100%. It seems the jig is up. In more ways than one.
 
Declan said:

View: https://youtu.be/htFnH87_R6o?si=Du4-obTo_6PRPOgK


I expect a fast led bond auction shortly. Most likely Britain, France, Germany, Japan US

in order of probability.
Ukrainian ne was the month when everyone realised it is over

September is the month for the markets
Click to expand...

hi Declan there are some books on the federal reserve --the best is the one by Eustace Mullins who was a congress researcher .
his book was plagiarised by Edward griffin who made a fortune doing so .
Eustace's book is called the secrets of the federal reserve .
the federal reserve is not federal and has NO RESERVES.
the fed is owned by the shareholders of the new York fed which are Jewish --in theory all the nations fed banks own the fed but the new York feds shareholders own the majority of the shares .
nobody can challenge the fed .
the basic thing to understand is that bonds should not exist in their present form -- the USA government is not allowed to print its own currency it is only allowed to BUY its own money with interest from the fed -which is ridiculous but that is the swindle .
all you need to know is the fed was founded by Paul Warburg in 1913 of the firm Khune lobe and co a firm owned by the Rothschilds -- the fed therefore is private not federal and the government has no shareholding and pays interest on money it could print itself without interest to anyone --- this is why GERMANY MUST BE DESTROYED IN 1933 on the worlds newspapers .
in 5 years Germany went from starvation and mass suicide to the wealthiest country in Europe while giving FREE houses to its people who had 4 or more children .
this had to be destroyed as was Libya which did the same --USA and Europe is controlled -- owned by these fuckers .
 
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Long article.

But the important bit amongst many.

"Now, on this momentous day Russia and China have signed a memorandum on the Power of Siberia 2 pipeline, which is meant to be the largest gas project in the world. Most notably, it redirects gas originally meant for Europe to China, sealing Europe’s fate once and for all and securing the guaranteed rise of the ‘Dragonbear’:"

simplicius76.substack.com

China's SCO Summit Highlights West's Growing Ideological Isolation, + Zelensky's Desperate Gambit

Last week Zelensky made the curious decision to open up the borders to Ukraine’s 18-22 year old males.
simplicius76.substack.com simplicius76.substack.com
 
BIG FAT HOOR said:
hi Declan there are some books on the federal reserve --the best is the one by Eustace Mullins who was a congress researcher .
his book was plagiarised by Edward griffin who made a fortune doing so .
Eustace's book is called the secrets of the federal reserve .
the federal reserve is not federal and has NO RESERVES.
the fed is owned by the shareholders of the new York fed which are Jewish --in theory all the nations fed banks own the fed but the new York feds shareholders own the majority of the shares .
nobody can challenge the fed .
the basic thing to understand is that bonds should not exist in their present form -- the USA government is not allowed to print its own currency it is only allowed to BUY its own money with interest from the fed -which is ridiculous but that is the swindle .
all you need to know is the fed was founded by Paul Warburg in 1913 of the firm Khune lobe and co a firm owned by the Rothschilds -- the fed therefore is private not federal and the government has no shareholding and pays interest on money it could print itself without interest to anyone --- this is why GERMANY MUST BE DESTROYED IN 1933 on the worlds newspapers .
in 5 years Germany went from starvation and mass suicide to the wealthiest country in Europe while giving FREE houses to its people who had 4 or more children .
this had to be destroyed as was Libya which did the same --USA and Europe is controlled -- owned by these fuckers .
Click to expand...
I must do a video on The Federal Reserve
 
FYI
"Leaked"!
Right so

A leaked Chinese geopolitical strategy document reveals China’s self-confidence. The document predicts, “The US and Western Europe will collapse due to cultural and demographic conflict by 2050.” China’s leaders increasingly see multiculturalism as “cultural suicide” and believe the west is dying because of it.

—CNN
 
jpc said:
FYI
"Leaked"!
Right so

A leaked Chinese geopolitical strategy document reveals China’s self-confidence. The document predicts, “The US and Western Europe will collapse due to cultural and demographic conflict by 2050.” China’s leaders increasingly see multiculturalism as “cultural suicide” and believe the west is dying because of it.

—CNN
Click to expand...
I remember Brendon O'Connell doing several documentaries about that very subject . And who is behind that shift in focus and confidence. Yes, the usual suspect moving on to pastures new.
His entire content has sadly been erased which leads me to think he might have had more than a point.
 
Brendon is still producing videos
 
So the employment report was very weak and likely we ll be revised to weaker still. The tesult is the dollar dropped, which was good timing for the yen and the pound, while ch otherwise would be dropping themselves.
 
jpc said:
FYI
"Leaked"!
Right so

A leaked Chinese geopolitical strategy document reveals China’s self-confidence. The document predicts, “The US and Western Europe will collapse due to cultural and demographic conflict by 2050.” China’s leaders increasingly see multiculturalism as “cultural suicide” and believe the west is dying because of it.

—CNN
Click to expand...
But isn't China itself a vast pot of cultures that the state is trying to render down to a homogenous mass, the Uyghur Muslims spring to mind. Perhaps China speaks from experience.
 
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Mad as Fish said:
But isn't China itself a vast pot of cultures that the state is trying to render down to a homogenous mass, the Uyghur Muslims spring to mind. Perhaps China speaks from experience.
Click to expand...
Fair observation.
Over how many thousand years?
Or is it the Communists you are referencing?
The Uyghur issue was Islamists.
And the Chinese were not having any of that within their borders.
 
jpc said:
I know but the headline tells it all.
How much carbon taxes and extra bureaucracy add would be the interesting bit.
Click to expand...
It has to be wondered as to what extent the government is competing with commerce/industry for labour.
 
Mad as Fish said:
It has to be wondered as to what extent the government is competing with commerce/industry for labour.
Click to expand...
Very good question.
As an aside.
In Germany if it wasn't for a huge number of government jobs over the last few years.
There would be no hiding the employment collapse of the private sector.
 
A few numbers on the disaster in Germany.
Recent layoffs announced in Germany:

Auto & Auto Supplier Layoffs (past 12 months):
• Volkswagen: 35,000
• Mercedes-Benz: 40,000
• Audi: 7,500
• Ford (Saarlouis): 2,900
• Daimler Truck: 5,000
• ZF Group: 14,000
• Bosch, Continental, Schaeffler (combined): 7,000
→ Total: 111,400 auto jobs impacted

Steel & Heavy Industry Layoffs:
• Thyssenkrupp: 11,000 (≈40% of workforce)

Rail & Transport Layoffs:
• Deutsche Bahn: 30,000
• DB Cargo (subsidiary): 5,000

Postal & Logistics Layoffs:
• Deutsche Post: 8,000

Banking & Finance Layoffs:
• Commerzbank: 3,900

Tech (Germany-specific cuts) Layoffs:
• SAP: 3,500 (10,000 global)"
 
jpc said:
A few numbers on the disaster in Germany.
Recent layoffs announced in Germany:

Auto & Auto Supplier Layoffs (past 12 months):
• Volkswagen: 35,000
• Mercedes-Benz: 40,000
• Audi: 7,500
• Ford (Saarlouis): 2,900
• Daimler Truck: 5,000
• ZF Group: 14,000
• Bosch, Continental, Schaeffler (combined): 7,000
→ Total: 111,400 auto jobs impacted

Steel & Heavy Industry Layoffs:
• Thyssenkrupp: 11,000 (≈40% of workforce)

Rail & Transport Layoffs:
• Deutsche Bahn: 30,000
• DB Cargo (subsidiary): 5,000

Postal & Logistics Layoffs:
• Deutsche Post: 8,000

Banking & Finance Layoffs:
• Commerzbank: 3,900

Tech (Germany-specific cuts) Layoffs:
• SAP: 3,500 (10,000 global)"
Click to expand...
I’ve a trip out there soonish, it might be an interesting one!
 
jpc said:
A few numbers on the disaster in Germany.
Recent layoffs announced in Germany:

Auto & Auto Supplier Layoffs (past 12 months):
• Volkswagen: 35,000
• Mercedes-Benz: 40,000
• Audi: 7,500
• Ford (Saarlouis): 2,900
• Daimler Truck: 5,000
• ZF Group: 14,000
• Bosch, Continental, Schaeffler (combined): 7,000
→ Total: 111,400 auto jobs impacted

Steel & Heavy Industry Layoffs:
• Thyssenkrupp: 11,000 (≈40% of workforce)

Rail & Transport Layoffs:
• Deutsche Bahn: 30,000
• DB Cargo (subsidiary): 5,000

Postal & Logistics Layoffs:
• Deutsche Post: 8,000

Banking & Finance Layoffs:
• Commerzbank: 3,900

Tech (Germany-specific cuts) Layoffs:
• SAP: 3,500 (10,000 global)"
Click to expand...
Are the Nazi's back running ( ruining ) Germany ? !
 
jpc said:
An appraisal from you will be great.
Click to expand...
Thank you!

I'm expecting brave and confident talk about overcoming challenges etc, but not one word of the politicians having screwed up. It will be a question of spotting the cracks.
 
Mad as Fish said:
Thank you!

I'm expecting brave and confident talk about overcoming challenges etc, but not one word of the politicians having screwed up. It will be a question of spotting the cracks.
Click to expand...
Think it's more spotting the collapse than cracks.
That Russian gas supply allowed a lot 9f plastering.
 
The problems with the economy are due to people moving from a difficult life in the countryside to the degeneracy of the city.

This reminds me of Patrick Kavanagh, who criticized the difficult life in the countryside in his poetry.

We need to increase the amount of people who return to the difficult life of the countryside.
 
ECB is now advising it's shitizens to keep cash at home, just in case.
en.rua.gr

ECB advises to store cash: an alarming signal for Europe - Athens News

European Central Bank published a study in which Recommends Households have Cash supply In case emergency situations.
en.rua.gr en.rua.gr
Did you notice the miserable faces in the photo? If I had that much cash in front of me I'd look a bit happier. Maybe the image is portraying a future where the cash is worth f. all.
 
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An entertaining read read, rather long and alarming but the fellow does present a less than rosy picture -

And there will be many. Too many. Repairing this order will require confiscating everything from almost everyone: pensions, properties, securities, even your shiny gold coins. Never underestimate a politician’s willingness to torch his nation for one more year in office. They will press the button with a smile, left or right, red or blue — ideology is just the mask.

www.grimwright.com

The Long Reckoning

For twenty-five years the world dodged every reckoning, each crisis smothered in money-printing and wishful thinking. But debts do not vanish; they metastasize. Now the bill has arrived…
www.grimwright.com www.grimwright.com
 
Mad as Fish said:
An entertaining read read, rather long and alarming but the fellow does present a less than rosy picture -

And there will be many. Too many. Repairing this order will require confiscating everything from almost everyone: pensions, properties, securities, even your shiny gold coins. Never underestimate a politician’s willingness to torch his nation for one more year in office. They will press the button with a smile, left or right, red or blue — ideology is just the mask.

www.grimwright.com

The Long Reckoning

For twenty-five years the world dodged every reckoning, each crisis smothered in money-printing and wishful thinking. But debts do not vanish; they metastasize. Now the bill has arrived…
www.grimwright.com www.grimwright.com
Click to expand...
Not wrong unfortunately.
Look at the dead eyed loons running euro land.
Look at that imbecile Starmer.
 
jpc said:
Pretend that it is all okay.
But the crashing sound of a collapse can't be drowned out.
This is coming our way faster than you know.

Germany In Shock: Merz's Media Show Vs. Economic Collapse | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
Click to expand...
I was out there for a couple of days recently at a trade event and what was most striking was that nobody dared discuss the energy price, it was all containable and workable and generally swept under the carpet. I got the distinct impression that the Germans are in full denial as their great and much vaunted manufacturing industry crumbles around them. My country, right or wrong is the maxim to live by and it was only occasionally that cracks would be allowed to appear.

As part of the trip I had to listen to an address by one grand CEO of a trade organisation telling us how digital technology is now the driver of growth and the world will ever more depend upon it to get along. It was all a regurgitation of fashionable cliches rather than a serious overview of the current situation, a missed opportunity, but the alternative would be to admit that Germany has screwed up, and that was never going to happen.

One small ray of hope was that climate change was only muttered about rather than loudly proclaimed as in days of yore.
 
Mad as Fish said:
I was out there for a couple of days recently at a trade event and what was most striking was that nobody dared discuss the energy price, it was all containable and workable and generally swept under the carpet. I got the distinct impression that the Germans are in full denial as their great and much vaunted manufacturing industry crumbles around them. My country, right or wrong is the maxim to live by and it was only occasionally that cracks would be allowed to appear.

As part of the trip I had to listen to an address by one grand CEO of a trade organisation telling us how digital technology is now the driver of growth and the world will ever more depend upon it to get along. It was all a regurgitation of fashionable cliches rather than a serious overview of the current situation, a missed opportunity, but the alternative would be to admit that Germany has screwed up, and that was never going to happen.
Click to expand...
WTF has happened to their ability to speak of the realities?
This is genuinely stunning to hear from you.
 
jpc said:
WTF has happened to their ability to speak of the realities?
This is genuinely stunning to hear from you.
Click to expand...
The realities don't suit the narrative nowadays, now that things are going backwards and they can no longer boast of endless growth and the wonders of German efficiency.

While waiting for a train I chatted to a fellow German passenger on the platform, he had missed an earlier connection because of problems with the line where he started his journey. I mentioned that Germany was always renowned for making the trains run on time. With a horse laugh and pitying look he replied "You don't still believe that do you? It all went downhill when the railways were semi privatised 30 years ago."

I got the distinct impression that he meant this as a metaphor for the country as a whole, nor was he happy about immigration, although he unfortunately did not expand upon the subjects. This was, I felt, the more authentic voice of the German people speaking.
 
Mad as Fish said:
The realities don't suit the narrative nowadays, now that things are going backwards and they can no longer boast of endless growth and the wonders of German efficiency.

While waiting for a train I chatted to a fellow German passenger on the platform, he had missed an earlier connection because of problems with the line where he started his journey. I mentioned that Germany was always renowned for making the trains run on time. With a horse laugh and pitying look he replied "You don't still believe that do you? It all went downhill when the railways were semi privatised 30 years ago."

I got the distinct impression that he meant this as a metaphor for the country as a whole, nor was he happy about immigration, although he unfortunately did not expand upon the subjects. This was, I felt, the more authentic voice of the German people speaking.
Click to expand...
In my experience the Germans are even more dumbed down and propagandised than most. The result is a dangerous ignorance of facts across vast swathes of the population. I read today that their gas reserves are at 40% heading into what looks to be a cold one. I hear Putin chuckling softly to himself.....
But they are rolling out more flu shots so that might help the authorities....
 
The weather will soon be turning chilly and energy will be hard to pay for. Did the esb raise costs recently
 
jpc said:
WTF has happened to their ability to speak of the realities?
This is genuinely stunning to hear from you.
Click to expand...
Just as an aside I found myself with an hour or two to spend wandering around the city we were in and happened across a Ducatti dealer. The price of the used bikes were far cheaper than they would be here in Ireland, about a third less I'd say without trawling through Done Deal for a more thorough comparison.
 
Mad as Fish said:
Just as an aside I found myself with an hour or two to spend wandering around the city we were in and happened across a Ducatti dealer. The price of the used bikes were far cheaper than they would be here in Ireland, about a third less I'd say without trawelling through Done Deal for a more thorough investigation .
Click to expand...
Interesting observation.
On the subject different marque.
A 25 BMW R1250R in Joe Duffy 15500 euros.
End of production line machine
Serious machine for the money.
The GS versions are still silly money.
BMW R1250 R SE Finance Available for sale in Co. Dublin for €15,995 on DoneDeal https://share.google/ri1BgwC3yxNeptkF9
 
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jpc said:
Interesting observation.
On the subject different marque.
A 25 BMW R1250R in Joe Duffy 15500 euros.
End of production line machine
Serious machine for the money.
The GS versions are still silly money.
BMW R1250 R SE Finance Available for sale in Co. Dublin for €15,995 on DoneDeal https://share.google/ri1BgwC3yxNeptkF9
Click to expand...
It's the season to buy rather than sell alright.

Mixed reviews of BMW reliability though, I've only had one, a K1200, what a bike! But try getting the clutch changed without a visit to a mortgage advisor! There is a dealer round these parts who won't take GSs in PX, too many problems with them.

Might be worth starting a biking thread!
 
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jpc said:
On the subject of political and economic delusion.

EU must seize ‘unique opportunity’ to supplant US dollar dominance, says ECB president | Euractiv https://share.google/GPTQwdAShLSeRtYr2
Click to expand...
First BRICS and now the EU.

BRICS might have a chance seeing as it is backed by tremendous oil and mineral resources, but the EU and its rapidly eroding industrial base? That is hopium on an interstellar scale.
 
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