Dalal.Holdings

WTI in the 60s and folks going offshore…LMAO

https://www.reuters.com/technology/space/airbus-ceo-says-spacex-would-not-pass-anti-trust-test-europe-2024-11-14/ The hardcore globalists of the World Economic Forum have left their mark on Europe. It’s not pretty

I think it all depends on China. I have no clue as to how China goes

So when does this sector hit bottom ?

This is what happens when you let environmental radicals in the driver's seat

The European mind cannot comprehend the American election

May another Trump presidency be the accelerant that stirs Europe awake

Denmark is but one country in the EU. It alone is not really relevant to the issues the continent faces. Also, Denmark wisely chose not to adopt the Euro and has its own currency. Perhaps more EU members should consider similar path…

Drahi: You need Euro bonds for this to become a reality. The problem is that some states view this as a bailout of others which goes to show you that the “Union” in European Union is very weak.

Europe has been living in La La land because they had their defense covered by the U.S. and cheap energy from Russia — both of which supported a cushy lifestyle and little ambition and little worries. On top of all that, you’ve had people who believe GDP growth is bad successfully lobbying policy in some places and the European Commission strangling the continent with insane regulatory framework…then add all the separate interests from the different countries (Nordics don’t trust France when it comes to militarizing because they think it is a ploy to benefit French companies, etc.)… All of these things are structurally very bad for the Continent and it needs to wake up. There needs to be bold reform: decide if the European Commission is truly the way to go (and so the states give up their own sovereignty) or whether you go back to individual sovereign states working toward common interests but also doing things their own way… The European Commission’s regs like AI Act and GDPR need to be either drastically gutted or eliminated entirely. The European Commission’s regulators who suffer with “Man with Hammer syndrome” need to be fired. There needs to be drastic reform

If EU is in Degrowth mode, it will diverge more and more from the USA and China where eventually it will be seen as pretty much irrelevant. Consequences the degrowth people don’t want to talk about and why we’ve heard from Drahi and Macron on the topic lately.

Lol…

If you look at someone popular in Europe like Greta Thunberg, she basically believes in this: https://medium.com/age-of-awareness/gretas-plan-to-displace-capitalism-embrace-utopia-ba27259e38a4 I am not sure this is as fringe in Europe as it is in U.S... The environmentalists who believe this in Europe have affected policy (ie shutting down nuclear power). They seem to have far more traction in Europe than in the USA https://foreignpolicy.com/2023/12/17/degrowth-economics-europe-climate-policy/

https://www.economist.com/europe/2024/10/24/angela-who-merkels-legacy-looks-increasingly-terrible Great moments in history. I'm sure this pic will make the history books. Trump was right about Europe, Merkel wrong. Of course it got deleted from the VW thread, so I guess it belongs here.