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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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Mar 31, 2026 / Tyler Durden
Google's New Quantum Research Reignites Push To Harden Bitcoin
Google's New Quantum Research Reignites Push To Harden Bitcoin
Authored by Micah Zimmerman via BitcoinMagazine.com,
A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical.
Google’s quantum division said this week in a new whitepaper that future machines could break widely used encryption far more efficiently than previously estimated, including the elliptic curve cryptography that underpins Bitcoin wallets.
The research suggests attacks that once appeared decades away may arrive sooner, with some...
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Apr 3, 2026 / Tyler Durden
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades'
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades'
Via The Cradle
US President Donald Trump is asking Congress to boost military spending to $1.5 trillion for 2027, the largest such request in decades, while demanding cuts to domestic spending on social programs, AP reported Friday.
The White House released details of the desired spending increase on Friday as part of Trump's 2027 budget proposal. The proposal comes amid the US-Israeli war on Iran, which is costing US taxpayers over $11 billon for each week it continues.
US Army/AP image
Last month, the Pentagon proposed receiving an...
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Apr 6, 2026 / Tyler Durden
Futures Rise, Oil Drops On Report Of Ceasefire Push
Futures Rise, Oil Drops On Report Of Ceasefire Push
US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...
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