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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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Apr 3, 2026 / Tyler Durden
March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops
March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops
We titled our nonfarm payroll preview post "a substantial bounce" and boy were we right: with consensus expecting a material rebound from February's negative print (which was revised as usual worse, from -92K to -133K), what the BLS reported instead was a huge beat to expectations of a 65K increase, with March jobs reportedly rising by 178K, the biggest increase since December 2024.
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