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Germany's Silent Shift: From Entrepreneurs To State Dependence
Germany's Silent Shift: From Entrepreneurs To State Dependence
Submitted by Thomas Kolbe
Germany affords itself a state bureaucracy that functions like an artificial labor market placed upstream of the private sector. The flight of hundreds of thousands into the arms of the state corresponds with the shrinking number of self-employed in the country. And policymakers are actively promoting this trend.
Let us begin with a piece of good news: according to a Bertelsmann survey, around 40 percent of Germans aged 15 to 25 can imagine starting a business as their personal life...
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Jun 7, 2026 / Tyler Durden
Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild
Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild
Treasury Secretary Scott Bessent is reportedly pursuing a pathway to repurpose Iranian assets to compensate Amerca's Gulf allies which have suffered significant damage due to Iran's attacks in the wake of Trump's Operation Epic Fury.
Over eighty oil, gas, and vital infrastructure facilities across the Gulf have been hit - with most of the attacks having occurred in March and April - with one recent report estimating up to $58 billion in damage. Iran has sought to justify these...
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Jul 14, 2026 / Tyler Durden
France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country
France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country
By Michael Kern of OilPrice.com,
France’s nuclear power generation was slashed by 6.4 gigawatts (GW) on Monday amid a prolonged and intense heatwave that hiked river temperatures and limited the ability of the power plants to use the water to cool reactors.
As many as eight reactors in France, which is Europe’s leader in nuclear power generation, were forced to curtail power output, according to data from the plants’ operator EDF and grid operator RTE cited by Reuters.
The 6.4 GW...
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Jun 3, 2026 / Tyler Durden
Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset
Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset
In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially overtaken US government bonds as the world's top reserve asset.
The FT reports that, according to a fresh report from the European Central Bank released Tuesday, bullion now accounts for 27% of global central bank reserves at the end of 2025 - up sharply from 20% the prior year.
US Treasuries, once the untouchable king of the...
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