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To put things into perspective! #France’s creditworthiness is now comparable to #Greece’s, rather than being on the same level as #Germany’s.
You don’t actually own your house. You just pay rent in a different way.
Paying my property taxes this morning and I’m bitter. Again. I’m practically “renting” my paid-off home from the county and if I don’t pay my taxes, they evict me and take everything. F. #Tyranny
This illustrates the perfect storm for German and European carmakers really well. In 2024 China demand for their cars is imploding, and there is a high risk for tariffs in the US in 2025. And VW employees went on strike yesterday, they live in a world that doesn’t exist anymore.
BREAKING: $SMCI investigated itself (again) and didn’t find anything wrong with its accounting (again) Narrator: then why the need to replace the CFO if he didn’t do anything wrong? 🤔
All the news about mass job cuts announced in German industry are yesterday‘s story. We have not seen anything yet. It will get brutal.
To qualify for a home in Toronto and Vancouver you need to be earning over $230K, at which point the government thinks you’re rich and taxes you at over 50%. Completely broken system.
🤰 A fertility rate of 2.1 children per woman ensures a stable population, assuming no migration and stable mortality.
How likely are you to be married by 30? Boomers: ~90% Zoomers: ~30% This is civilizational.
Good morning from Germany where the once-thriving southern regions are experiencing an unprecedented decline due to deindustrialization. Baden-Württemberg remains stuck in a permanent recession, w/its economy shrinking by 0.4% in Q3—significantly greater slump than in Germany as…
Map of Africa in 1880 AD. Before the European "Scramble for Africa".
💸 Contributors and beneficiaries of the European Union budget.
"In mathematics, you don't understand things. You just get used to them." - John von Neumann
📊Data doesn’t lie: Toronto & Vancouver are unaffordable! Home affordability of 25 cities in 🇨🇦 & 🇺🇸 (Oct 2024): 1️⃣ #ToRe, #VanRe & Los Angeles are least affordable! 2️⃣ Higher income taxes: Using disposable income (vs gross) makes affordability look even worse for 🇨🇦…
🚨BREAKING -- CANADA ADDS ONLY 94,000 JOBS THIS YEAR WHILE BRINGING IN 1.2M PEOPLE Payroll employment fell in Canada in September, now only up 94,000 jobs YoY ....while we added 1.2M through immigration THIS IS ECONOMIC SUICIDE.
BREAKING: The US Federal Trade Commission has opened an antitrust investigation of Microsoft, $MSFT, drilling into everything from the company’s cloud computing and software licensing businesses to cybersecurity offerings and artificial intelligence products.
$MSFT has ~60bn$ of “Unearned revenues” liabilities = revenues they booked in income statement PRIOR to delivering the services I don’t understand why nobody talks about this HUGE number 🥲
#JustDarioDaily ⚠️ UNTANGLING THE GREAT MICROSOFT ACCOUNTING (BORDERLINE FRAUDULENT) SHENANIGANS ⚠️ $MSFT $SMCI #OpenAI #stocks Article 👇🏻 justdario.com/2024/10/untang…
The mountain of problems @realDonaldTrump and Bessent will inherit from @JoeBiden and @SecYellen in one picture 👇🏻
#JustDarioDaily ⚠️ HOW THE BIDEN ADMINISTRATION SET UP MINE FIELDS ALL OVER THE US ECONOMY TO UNDERMINE THE FUTURE GOVERNMENT IN CASE THEY LOSE ELECTIONS ⚠️ #FED #Macro #Inflation #Jobs #stocks @elonmusk Article 👇🏻 justdario.com/2024/10/how-th…
Luxury handbags has to be one of the biggest scams in the world
Two unnamed Nissan executives said the company has "12 to 14 months to survive," per Motor1. Nissan cut more than 9,000 jobs last week, while simultaneously slashing production by nearly 20%. Nissan's operating profit dropped 85% in Q3, per Sawyer Merritt.
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