Miscellaneous News

pmc

Major
Registered Member
"Germany’s chancellor-in-waiting Friedrich Merz is considering unlocking hundreds of billions in extra funding for the country’s military and infrastructure as coalition talks with Social Democrats gather pace.

One option under review is a proposal by top German economists to raise up to €800bn in new public borrowing for two separate off-budget funds over a decade, said two people with knowledge of the matter.

A third person briefed on the early-stage negotiations said they were centred on a combined €500bn package. The people cautioned that other options could be examined.

Such a plan would mark a step-change in Germany’s traditionally conservative approach to public borrowing. Berlin in 2009 enshrined a debt brake in its constitution, which limits government borrowing and keeps the structural deficit at 0.35 per cent of GDP.

The economists’ proposal would be “a double bazooka”, said Armin Steinbach, professor of economics at HEC, referring to the term used for Chancellor Olaf Scholz’s stimulus during the Covid-19 pandemic.

The proposal would stimulate a stagnating economy and signal that the EU’s largest democracy is serious about increasing defence capabilities at a time when the US administration is seeking to unwind the transatlantic alliance".


"Germany’s next chancellor has signalled he wants to use the outgoing parliament’s supermajority to pass the constitutional amendments that such borrowing would require, because his government would probably be blocked by the far-right Alternative for Germany and far-left Die Linke in the next parliament.

The outgoing parliament can be reconvened in an extraordinary session until March 25".


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German cannot execute this rearmament without mass importation of younger people. the old lady that cannot but i dont want to put other statements that they translate with different intention. Its time for New Europe.

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Medvedev: Europe is weak and no one needs it but itself​

We can add that today's Europe within the borders of the European Union is an evil and weak old woman, trying to disguise herself as a beautiful and stunning young woman. The time for such a Europe is irrevocably over
 

FriedButter

Colonel
Registered Member
The big “Tomorrow Night” that Trump mentioned yesterday is a speech to congress. Begins 9PM EST and estimated at 1 hour length.

Apparently, his Ukraine peace plan is included.

A senior White House official said the theme of Trump's speech is the "renewal of the American dream" and that he will "outline his plans to restore peace around the world."
The official said among his topics will be laying out his plans to end the Ukraine war and gain the release of hostages held by Hamas militants in Gaza.
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GulfLander

Captain
Registered Member
....

"Trump says Japan, China cannot keep reducing value of their currencies"
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....

So canada also retaliated?
"[...]The Canadian prime minister, Justin Trudeau, said Ottawa would respond with immediate 25% tariffs on C$30bn (£16.3bn) worth of US imports. He said previously that Canada would target US beer, wine, bourbon, home appliances and Florida orange juice.

Tariffs will be placed on another C$125bn (£68bn) of US goods if Trump’s tariffs are still in place in 21 days. “Tariffs will disrupt an incredibly successful trading relationship,” Trudeau said, adding that they would violate the US-Mexico-Canada free trade agreement signed by Trump during his first term.[...]"
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Opposite to what Trump is saying abt Dollar, do you think this is what they really want? Bcos i read Luke Gromen twitter before if i remember correctly, that a reserve currency country will have to bw trade deficit to supply Rcurrency to the world?

"Deutsche Bank Sees Risk of US Dollar Losing Safe-Haven Status"
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