🇩🇪 What is currently happening in Germany will have significant ripple effects on whole of Europe. A wave of century-old German companies is struggling to survive.
Mayer & Cie. (1905), Brüder Schlau (1921), and Gärtner Pötschke (1912) have all filed for insolvency. Galeria, with…
The $IONQ Forte "Enterprise" 1 can add:
a 2-digit number and a 3-digit number together (with 80% certainty). This costs $80.
It cannot add a 3-digit and 3-digit number. It runs out of space.
This is a $20 billion company.
Banks are about to smash the Fed’s repo window again — SRF use could jump to ~$50B and RRP to ~$275B by month-end. QT keeps draining, reserves keep shrinking. Liquidity rug in progress.
Good luck rolling trillions in debt when D.C. can’t even roll a budget.…
Indonesia just dropped a surprise move: its Finance Minister is shifting about 200 trillion rupiah from government reserves stuck at the central bank into commercial banks to ease liquidity. This signals that policy makers believe liquidity is tight enough to risk choking…
Believe me when I say the New York Times’ $10B market cap days are numbered after its pathetic coverage of Iryna Zarutska. The countdown starts now.
The age of the Ideological Investor has begun.
U.S. Treasury pushed 4-week bill issuance to a record $100B, doubling down on ultra-short funding. That cuts interest costs now but heightens rollover risk and pulls cash into bills, thinning liquidity into year-end. Washington’s debt strategy just became a political…
The first Euro crisis started in Greece, it was about €200B debt, it was manageable.
The second Euro crisis will start in France, and it will be about Trillions.
The ECB will need to print colorful Euros again and monetize French debt. Inflation is debt default in slow motion.…
The ECB quietly extended its currency-swap line with the People’s Bank of China for another three years, keeping capacity at €45bn/CNY 350bn. The renewal is routine, but after recent FX and bond volatility it reads like an extra firebreak beyond dollar tools, shoring up non-USD…
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