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Germany's Debt Spiral: Bundesbank Chief Breaks Silence
Germany's Debt Spiral: Bundesbank Chief Breaks Silence
Submitted by Thomas Kolbe
It’s not every day that top officials of the German Bundesbank take an explicit stance on daily politics.
Nagel’s stark warnings about Germany’s debt and the government’s creative accounting were surely met with grim recognition in Berlin’s corridors of power. Open criticism is rare there, and when it comes from credible insiders, it stings even more.
Bundesbank President Joachim Nagel
Chancellor Friedrich Merz and his Finance Minister Lars Klingbeil apparently still believe the fairy tale that debt-fueled demand policy can create economic miracles,...
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May 13, 2026 / Tyler Durden
'Obvious Dangers': Gabbard Probing US Funding To International Biolabs
'Obvious Dangers': Gabbard Probing US Funding To International Biolabs
Authored by Zachary Stieber via The Epoch Times,
U.S. Director of National Intelligence Tulsi Gabbard and other intelligence officials are investigating U.S. funding to overseas laboratories handling biological research.
Initial searches of intelligence files showed that the U.S. government has provided money to more than 120 biolaboratories in more than 30 countries, a spokesperson for the Office of the Director of National Intelligence told The Epoch Times in an email on May 12.
That includes biolabs in Ukraine that “may be at risk of...
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Apr 29, 2026 / Tyler Durden
Governor Powell
Governor Powell
By Philip Marey, senior US strategist at Rabobank
Summary
As widely expected, the FOMC remained on hold. Governor Miran dissented again because he wanted a rate cut.
However, there were also three dissenters (Hammack, Kashkari and Logan) who wanted to remove the bias toward cutting from the statement.
On balance, Powell said that the center of the Committee was moving toward a more neutral place in thinking about cuts versus hikes.
Powell announced that this was his last press conference as Chair, but he would stay on as a Governor until he thinks...
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Apr 30, 2026 / Tyler Durden
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Hyperscalers are deploying as much as $725 billion in capital expenditures this year, primarily on AI data center buildouts, and it comes as no surprise that Caterpillar posted solid first-quarter earnings, as surging on-site power demand has created a boom for the company's power-generation business.
CAT is one of the world's biggest makers of machines used to build, mine, dig, haul, and power industrial sites. But what has investors focused on in recent quarters is its energy and power unit, which...
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