Is Europe becoming uninvestable?

[DooDiligence]

I wish we had a more pluralistic form of representation where the extremes were heard and centrists shaped policy. It's kinda funny to see this coming out of W but I guess he's had time to repent?

 

https://www.bushcenter.org/publications/pluralism-is-a-big-deal

[Spekulatius]

Gates states that Climate change is a serious problem, he never said that “it’s garbage”.

Dealing with this issue sensibly does not mean degrowth either.

 

Extreme statement like this are pretty much guaranteed to be wrong as they are not consistent with sound data. We know that the climate is changing and earth is getting hotter, actually predicted by climate models decades ago.

 

Things can be done as the ban on CFC’s shows. This has reduced the ozone hole that could have caused millions of cancer death and impacted plant growth due to excessive  UV light exposure.

 

[Dalal.Holdings]

Things are already being done...mostly by Chinese firms like BYD, CATL, etc.

 

Even Tesla headed by "evil billionaire" Elon Musk has done more than most when it comes to climate change.

 

I don't think the answer to climate change is to create a layer of regulations and rules. And I think that's what most people who speak out against climate change have a problem with.

 

There are other technologies humans can develop to cool the planet if warming gets really bad too:

https://www.space.com/sunshade-earth-orbit-climate-change

 

The problem is that you need GDP growth and technological progress to solve the problems of the future. When you de-prioritize economic growth, you make everyone poorer and destroy humanity's technical potential.

[NnnnotSoSmart]

6 minutes ago, Dalal.Holdings said:

The problem is that you need GDP growth and technological progress to solve the problems of the future. When you de-prioritize economic growth, you make everyone poorer and destroy humanity's technical potential.

Your comments are so spot on. Please keep them coming.

[John Hjorth]

On 11/1/2025 at 11:56 AM, Dalal.Holdings said:

Mississippi is not a sovereign state with its own currency.

 

I can come up with the counter examples of Norway and Switzerland which are thriving while not being in the EU. Unlike the UK, Norway didn’t adopt the crazed green agenda and continues to drill for fossil fuels in the North Sea, is now the major energy exporter to the EU, and has a huge sovereign wealth fund.

 

And that gets me back to the core argument: the sickness that afflicts UK, Germany, France is unchecked left leaning leadership for decades. Greens hampering energy, overregulation, anti-capitalist policies, uncontrolled migration, excessive welfare all resulting in stagnant productivity.
 

Poland, Norway have not had the same sort of conditions.

 

A tiny bit about Norway :

 

There are shades, details and nuances to everything. In the goldbelly.com topic here on CofB&F I told a little story from a task I was on in Oslo in december 2011, It must have been Saturday before noon, because shops in Oslo were open. The Lady of the House had come up to me from home, after a week with a heavy work load, we had been on Aker Brygge for lunch in a restaurant there, having a very good time, on our way up to Karl Johan Gate for browsing and snooping up the sentiment and soul of the city, perhaps getting a drink or beer somewhere later.

 

It was near the City Hall, a huge, ugly, monstrous building, to this day I speculate about what drugs the architect must have been on while designing the darn building.

 

It was very cold, I think about minus something one-digit Celcius, and strong winds coming in over the city from open water. Snow laying around everywhere. I had four layers of clothes on my body, outside my North Face two layer jacket, beanie and jacket hood up, lined leather gloves, winther boots, jeans inside and outside my wind and water proof North Face trousers.

 

Outside a department store, directly on the ground sat a young woman, nothing under her, clearly not a Norwegian jente from her skin colour to judge and dark brown eyes, likely in the early 30's or late 20's. In front of her on the ground was an empty McD plastic cup, likely a few coins in there, so it wasen't just blowing away. She was clearly begging for money. Her eyes were empty, just staring down on the McD cup.

 

Everybody on the street was just passing by her, most not even looking at her at all. I stopped, while the Lady of the House continued walking, then figuring out that I wasen't at her side any longer, looking back, and comming back to me. I simply froze by the sight of this young woman..

 

I adressed her, first trying in Danish - Norwegians can understand Danish and visa versa - then in English. No response, she diden't even look up at me. It became clear to me, she was stoned, very. I said nothing. The Lady of the House then said : 'John, you don't even think about it. You don't dare spoil our prolonged weekend here with this.' I considered calling the police, so she could get help, I diden't have the phone number, I diden't even get my act together to just ask one the passing persons to call the police, saying to the Lady of the House, 'We can't just leave her sitting there, she doesen't even have a jacket or coat on.She's frezzing to death." We left. I was pretty mute the rest of the day, shocked by the experience.

 

Here in Denmark, it is criminalized if you leave a person in deparate need for help.

 

This was in the capitol of filthy rich Norway in early winther 2011/12.

 

The filthy rich Norway hasen't become poorer since.

 

- - - o 0 o - - -

 

Homelessnes is extremely low in both Norway and Denmark. People who aren't able to manage their monthy and modest social welfare here in Denmark, creating further social expenses for the municipality are made subject of enforced netting, meaning their rent support and part of their welfare money after tax, that goes to rent and utilities, simply never reaches their bank accounts, it is withheld, and then the municipality pays the rent and utilites for them. It's simply being put under forced administration, so they have place to stay.

 

If they have been thrown out of, evicted from their appartment, because of all kinds breaches of the house order, bothering the neighbours, i.e. running around naked in the staircase etc., all that kind of extreme and surrealistic sh*t, vandalism on the appartment, the municipality rehouses them in residential buildings owned by the municipality. I suppose you can imagine how such a place looks, not a penny ever spent of maintenance by the municipality.

 

Only those in such 'transit' between homes are homeless here in Denmark. On cold nights the police has as ordinary task to circulate the city late evening and look for them and pick them up, and put them on a hostel if fit for that, other wise put them in hospital or the detension over night. The police know them well, because it's always the same person gallery, and the same places they're turning in outside for the night, ie. on the metal grids over the venlation shafts releasing warm air from the air circulation system at our local news joint on the other side of the street at the central railway station.

 

- - - o 0 o - - -

 

Now fast forward to second half of Sunday August 2012. I was on a follow-up task the same place, same prolonged weekend procedure.

 

On that Sunday, we were sitting outside a cafe just next to the hotel, under a parasol at at cafe table, with a view to the Oslo harbour and the Opera building, built in the water. The weather was absolutely wonderfull, no clouds, the sun shining 'gerade', 25 degrees C, warming quite calme Oslo city, not much going on anywhere.

 

Then the servant approached us for taking our order - a young guy, with a huge smile!. I noticed he was adressing us in Danish. I asked him if he was Danish. He confirmed, based on that he assumed we were Danish, too, because he had heard us chat. I asked him if he had Carlsberg Classic as draught beer. He confirmed two large glasses of Carlsberg. I suggested him to grab a glass for himself on my account and invited him to sit a bit with us, the place was not busy at all at that time, and I would like to chat a bit with him. He kindly refused both, saying there was no alcohol on duty here, and 'we don't mingle with customers that way'. Off he went for tapping our beers, came back and served them. After that stayed standing at the table, adressing me 'You wanted a chat me?', I shot from the hip 'What's your story? Why is it a young Danish guy is swinging beers over the desk in the afternoon on a sunny Sunday at a cafe  in Oslo?' He chewed a bit on the question, thinking about how to respond, then he responded 'Love, that now has passsed.' So he added he was living alone in a rented appartment in Oslo, 'when I'm working here'. Then I asked 'What do you mean by 'when I'm working here'?' It turned out, that he had left Denmark for following a Norwegian jente, who had finished her studies at the Architect School in Århus, Denmark, she had moved to Norway to start her career as architect in Oslo 'at home', from the reduction in his smile at saying that, I figured out  I was chatting with a young guy with a huge smile and a broken heart, me adding no further questions to that. Then he added, that he was full time at the cafe during the summer, and that he had a rented appartment in Århus, studying to bcore an architect too, pendling from Oslo to Århus once a week for two days, the rest of the time outside vacation closure periods at the architect school, studing on distance the rest the time, when not working at the cafe. I got totally flabbergasted, stunned dropping my jaw, after chewing a bit on that information, then asking him, I really coulden't help it, 'How much do you make per year here, working this way?' The reply came proptly 'XXX [three digit number, in the upper end, close to four digits] k NOK, including tips!'- so no sweat here, I don't even have any student loans!' - I was simply floored by then, thinking about what is it really I'm doing myself - this guy earns more than me,me  working my butt off every work day, doing lots of overtime, - thinking 'John, you're really an idiot, wasting your time!', all while chatting in Oslo at a beatiful spot with a view on a sunny, warm Sunday in August with a smart bartender.

 

- - - o 0 o - - -

 

Here in Denmark, we were then chugging along slowly, gradually recovering after GFC at that time.

 

- - - o 0 o - - -

 

Norway is 'Tesla land', one of the bigggest countries in the world, measured by market penetration, and then yet, in NBIM [www.nbim.no] they are holding their nose and dumping oil and gas stocks all over the world as 'black' and 'dirty', all while they them selves continue drilling lots of holes in the seabed after oil and gas like crazy. And the coffers at NBIM continue to get filled up with a special oil tax of 50 percent points, on top of normal Norwegian corporation tax by law only applicable to Equinor, of which the Norwegian state owns 66 percent. The Norwegian politicians can't lay their hards on that tax income and do dumb things with it, it's segregated from the state budget and transferred to NBIM on yearly basis.

 

Double standards and distilled, pure hypocracy at state level. Absolutely no sweat, because it works well, - very well. No wonder, Nicolai Tangen is always smiling, whether he is on  his electric scooter to and from work, or not.

 

- - - o 0 o - - -

 

Some stats here :

Total value of the content of the coffers at NBIM right now :

 

 

It is wiggling around, day and night in and  out.

 

Population statitics from Worldometer :

 

 

So, thus, every newborn baby popped / squeezed out by now, is partner and co-owner of NBIM by :

 

[NOK  21,053,815,888,848 x [1 / [5,639,126 +1]] ~ NOK 3,733,523.981, so every newborn is by default born millionaire in NOK! - and still growing!

 

 - - - o 0 o - - -

 

I read a couple of Norwegian news outlets webpages from time to time, however not totally regularly. They have societal discussions about what shall they do when nobody up there any longer need to work, and what are the societal implications of that? They talk about going back to fishing, when the Norwegian oil and gas venture is over, naturally, that's what they did before! What else should they do? 

 

What.a.place.

 

- - - o 0 o - - -

 

Envy? 

 

- - - o 0 o - - -

 

</ End tiny bit>

[Sweet]

2 hours ago, Spekulatius said:

Gates states that Climate change is a serious problem, he never said that “it’s garbage”.

Dealing with this issue sensibly does not mean degrowth either.

 

Extreme statement like this are pretty much guaranteed to be wrong as they are not consistent with sound data. We know that the climate is changing and earth is getting hotter, actually predicted by climate models decades ago.

 

Things can be done as the ban on CFC’s shows. This has reduced the ozone hole that could have caused millions of cancer death and impacted plant growth due to excessive  UV light exposure.

 

Bill Gates changing his tone is a good thing.  The extreme positions from people in power for the past 10-ish years have been from the climate change crowd.  We had mainstream politicians saying it was going to be a catastrophe, it went from climate change, to climate crisis to climate emergency in short order.  All just completely nuts.  Wonder how much money by governments was shovelled into this.

 

Edited November 3, 2025 by Sweet

[Spekulatius]

44 minutes ago, John Hjorth said:

Norway is 'Tesla land', one of the bigggest countries in the world, measured by market penetration, and then yet, in NBIM [www.nbim.no] they are holding their nose and dumping oil and gas stocks all over the world as 'black' and 'dirty', all while they them selves continue drilling lots of holes in the seabed after oil and gas like crazy. And the coffers at NBIM continue to get filled up with a special oil tax of 50 percent points, on top of normal Norwegian corporation tax by law only applicable to Equinor, of which the Norwegian state owns 66 percent. The Norwegian politicians can't lay their hards on that tax income and do dumb things with it, it's segregated from the state budget and transferred to NBIM on yearly basis.

 

Double standards and distilled, pure hypocracy at state level.

There are different way to look at this.

 

The Norwegian oil fund was designed to protect citizens when the Norwegian oil revenue won’t flow any more. Why would they invest in foreign oil business when they already own and control a huge energy business at home and the purpose of the fund is diversify away from energy?

 

It does not make any sense. it makes all the sense in the world to keep the oil and gas revenue flowing  at home and invest as needed and bail from energy investment elsewhere where they don’t control the capital allocation or outcome.

 

Also, has energy been a great area to invest? I think not, except you are a swing trader and I think the Norse Wealth fund is a bit large for being a swing trader.

[Spekulatius]

25 minutes ago, Sweet said:

Bill Gates changing his tone is a good thing.  The extreme positions from people in power for the past 10-ish years have been from the climate change crowd.  We had mainstream politicians saying it was going to be a catastrophe, it went from climate change, to climate crisis to climate emergency in short order.  All just completely nuts.  Wonder how much money by governments was shovelled into this.

 

Climate change is not a 10 year problem, it’s a 50-100 year problem. It does mean it can be ignored but it won’t kill us in the next 10 years either. One has to be mindful that the problems we create now like blowing CO2 in the what atmosphere are cumulative and the stuff will still be around 50 years from now. AON the other hand one can have a little faith in humane progress and the ability of mankind to come up with new solutions to the problems in the future.

 

Extremist views that climate change can be ignored or that climate change kills us all are simply nonsense.

[John Hjorth]

1 hour ago, Spekulatius said:

There are different way to look at this.

 

The Norwegian oil fund was designed to protect citizens when the Norwegian oil revenue won’t flow any more. Why would they invest in foreign oil business when they already own and control a huge energy business at home and the purpose of the fund is diversify away from energy?

 

It does not make any sense. it makes all the sense in the world to keep the oil and gas revenue flowing  at home and invest as needed and bail from energy investment elsewhere where they don’t control the capital allocation or outcome.

 

Also, has energy been a great area to invest? I think not, except you are a swing trader and I think the Norse Wealth fund is a bit large for being a swing trader.

 

This may be correct, @Spekulatius,

 

However, the Norwegian parlament [called 'Stortinget'] has approved and adopted - across all Norwegian political parties - an overall investment mandate for NBIM, setting percentage limits on overall assets classes I think it's 70 percent for listed stock investments by now, beside that there are also investments in bonds, corporate bonds, investments in private equity funds and real estate. The real estate portfolio of NBIM is geographically scattered all over the world, certain parts of it is really awesome forever buy and hold, never sell stuff. Think about owning large parts of Regent Street, London in partnership with the British Crown Estate  [ https://www.thecrownestate.co.uk/].

 

Especially, I have tried to find out, if NBIM is a Brookfield client, so far to no avail and fruitless efforts.

 

As far as I know, pretty much all the capital allocation activitties are delegated to assets managers working at at a fee by agreed asset management agreements and contracts, I think it is 27 asset managers by now, and overall rebalancing on and inside, the overall investment mandate set by Stortinget is done and carried out by the NBIM HQ in Oslo, overall pushing large amounts of capital around to be in compliance with the political decisions.

 

The whole setup of NBIM appears totally crazy and inefficient to me, but it appears to be working, NBIM beating its wordwide benchmark consistently over many years, not by much, but still some, and I haven't been able to figure out why it is so, because it simply should not be so.

 

Socialist capitalism when it's best.

 

If one downloads their actual listed wordwide company portfolio, available at ones fingertips on NBIMs website for download, one gets a huge Excel file, containing a bit less than 10 K listed companies scattered all over the world, with market values in NOK and USD respectively, home country, sectors, ownership percentages for each of all the companies, relative to total percentages of total company voting rights. I have personally used it several times as a starting point, to look up companies in different sectors in different countries, doing some sorting by market cap sorting, next putting on some contry filters and sector filters, providing answers to like i.e. 'What listed Swedish Real Estate companies does NBIM own, and how much?'

 

Also, NBIM is not allowed to invest in any Norwegian listed companies, to avoid overheating the Norwegian stock market and bubble creation.

 

I doubt you can find any tobacco stocks in there, now for long time ditched, O&G getting kicked out from there, too, however not totally sure if you can find any defense contractors in there.

 

- - - o 0 o - - -

 

In fact, I haven't really been able to figure out, what Nicolai Tangen is actually doing for his huge paycheck at NBIM, other than pendling to and from work, smiling, on his electrical scooter and maintaining his podcast.  - It must ne the worlds best job!

Edited November 4, 2025 by John Hjorth

[Gamecock-YT]

I've found during my time visiting Norway that the service isn't very good from the locals either. It dropped a tier in my book this time around. But it still is one of the most spectacularly beautiful places I've ever visited though. 

[NnnnotSoSmart]

 

[John Hjorth]

12 hours ago, Gamecock-YT said:

I've found during my time visiting Norway that the service isn't very good from the locals either. It dropped a tier in my book this time around. But it still is one of the most spectacularly beautiful places I've ever visited though. 

 

Sure, and the Norwegians are in general good, nice and plesant people in all respects, to interact with. I haven't ever experienced any issues.

 

There exists enormous differencies between North and South Norway. However I've never been up north myself. Norway is actually 'vertically' [on a map] vast, up North sharing borders with Russia, actually, however not that long distance.

 

- - - o 0 o - - -

 

However, it  is still a political socialist nation, despite it's filthy rich. Many highly successful business persons have left the country, moving south, to avoid the Norwegian Wealth tax, where basis for calculation, on top of income tax, is what you have, - every year.

[Dalal.Holdings]

On 11/3/2025 at 11:18 PM, NnnnotSoSmart said:

 

Incredible video and pretty much summarizes what I’ve been asserting since I mocked Thierry Breton and AI Act on here over a year ago. And now you have Draghi saying EU multi decade productivity gap with U.S. is due to lagging in technology.

 

Of course the Brussels crew now recognizes this (very late), fires Thierry, and now wants more people to invest in their tech sector with public-private vehicle.

 

As they quoted Reagan:

 

”If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

 

Europeans are at the final of the 3 stages with tech as they stated…

[John Hjorth]

59 minutes ago, Dalal.Holdings said:

Incredible video and pretty much summarizes what I’ve been asserting since I mocked Thierry Breton and AI Act on here over a year ago. And now you have Draghi saying EU multi decade productivity gap with U.S. is due to lagging in technology.

 

Of course the Brussels crew now recognizes this (very late), fires Thierry, and now wants more people to invest in their tech sector with public-private vehicle.

 

As they quoted Reagan:

 

”If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

 

Europeans are at the final of the 3 stages with tech as they stated…

 

@Dalal.Holdings,

 

Your post above caused a good laugh for me!  

 

I'll steel the line :

 

Quote

"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

 

It's great!  

 

I personally think that my own household is among all households actively reprensented here on CofB&F by a household member, my own household likely is among those taxed the dearest.

 

- Mocking Thierry Breton to me is a leisure, occational activity not that shabby either! 

 

However I personally prefer starting with mocking Mario Draghi! 

[Lazarus]

On 11/2/2025 at 6:20 PM, John Hjorth said:

Holy-moly!

 

How did I in this topic by now end up with more foes than before, by sincere and honest discussons? 

It's because you're acting like a dick, derailing the thread, and doxing people. If that's not enough, your posts are ten times longer than necessary. 

[John Hjorth]

18 hours ago, Lazarus said:

It's because you're acting like a dick, derailing the thread, and doxing people. If that's not enough, your posts are ten times longer than necessary. 

 

A very belated welcome to you here on CofB&F, @Lazarus !

 

Edit :

 

I'm actually very well aware of some of my posts here in this topic by some here are considered and judged severely biased, for the same persons functioning, behaving, acting like some kind of counter and balancing, leaving my posts,  here, unchallenged, uncountered.

 

Me doxxing people,  doxxing [It's not doxing, it's doxxing] people is not for you to comment on. Be nosy for yourself, I don't need your input. Crazy, twisted exhibitionists everywhre, take advantage of it in stead.

 

Your dubbing and calling me a 'dick', simply isen't true, when it really matters about money and material decisions here in my household,  it has happened, after she experiencing me taking the control, saying after things fixed : 'My God, you're indeed a mean, fine dististilled bully and as*****!'

 

Then I reply [most cases] : 'There are no limits for what I'll do for you, dear! - Thank you for the compliment!', after which she really gets into mental overdrive.

 

Then there is this statement from you about me derailing this topic. Please wake up and get real. Mud slinging and the like here isen't constructive at all.

Edited November 6, 2025 by John Hjorth

[John Hjorth]

Anecdotal here from Denmark - don't even think that things are anywhere near perfect here in Denmark.

 

In our 'wonderful' one payer system l was left hanging to dry in the most of second half of 2022 in a waiting queue after my PSA number suddenly skyrocketed, for scanning, diagnose and decision for radiation treatment of prostate cancer, which cured me totally, and no metastases, outcome I now can run out in the city at night and have a lot of fun with other ladies, behave like I was cracy, without risking new claims for child support! Always remember to think about the bright side and upside of everything! I know what Warren Buffett went through where shareholders got a short message that Warren Buffet had undergone likely such treament for that. That's not for whimps. However I don't think I'll get lucky at my age and equipped with a rollator as ride isen't a chick magnet, I think. First time I fooled the grim reaper, but pure luck, by accident. Get your tests done regularly, especifically  if you're a seasoned male, gentlemen.

 

Then we have the mink scandal here in Denmark, that looks like now to have the cost of 30 billion DKK in comsensation claims for the Danish state to mink breeders, the breeders losing their livehood, bread and butter,  cases handled by a special commision, of which one the largest Danish mink breeders is a commision member! Bacuase the composition of the commision shold be 'bakanced', right? He's living nearby me, just outside Odense, near where I grew up. His farms were incorporated and I've looked at the financial statements for the company, and the company was not near the number compensation reports have digged up that he is about to get as total final settlement, 400 million DKK for the neckshot from the Danish State, him keeping all his land of real estate! Right wing political parties tried to get our PM Mette Frederiksen [she POTUS has called a 'nasty woman'] impeached by a vote in the Danish parlament for what had happened, since the statutory limit for impeachment was nearing, to get closure on the whole thing, where she was saved on the finish line by two left wing parties, which by their votes shot it it down. When asked directly by a parlament member, in the parlament at a parlament gathering , what the political costs for that was for her, she stood with a tiny smile on her face, answering '<no comments>'.

 

This week it broke, that Danish cattle farmers have been forced by regulation, decided by the Danish parlament beginning this year  not that long ago, to add an additve [bovaer] to the cows food that was reducing the cow's burping and farting to reduce methane emissions as a material part of reducing the methane emissions from Danish agricultuture according to the overall green Danish climate plan.  In the basis for the parlaments decision basis was a report warning against it, because it could have dire consequences for the cows, making them misthriving, loosing weight, and lowering milk production, and it wasen't totally clear if it was also illegal animal crueltry, because a cow can't aswer questions from a human being about how it's doing!  No sweat, the Danish parlament simply decided it anyway! And now a regular shit storm of farmers have been complianing all exactly that now is happening, even some cows simply collapsing and going down! Geez, how difficult can it be? Poor mooh-cows! You can't make up sh*t like that! - Shortcut out of the stuff was at least opened immedially, posponing the whole thing for 'further analysis', but the thing is not off the table! Crazy stuff to observe if you ask me!

 

- - - o 0 o - - -

 

Edit :

 

Wikipedia : 2020 Danish mink Cull.

Edited November 8, 2025 by John Hjorth

[Dalal.Holdings]

This satirical European tech founder account is too good to pass up:

 

 

GDPR and AI Act compliance + CO2 certification are the KPIs for any European tech startup !

 

 

Edited November 9, 2025 by Dalal.Holdings

[cubsfan]

9 minutes ago, Dalal.Holdings said:

This satirical European tech founder account is too good to pass up:

 

 

GDPR and AI Act compliance + CO2 certification are the KPIs for any European tech startup !

 

 

 

yeah, you can be a great tech start-up in Europe once you submit your 800 page climate impact statement.

[Dalal.Holdings]

Regulations help the Brussels bureaucrats feel powerful, feel like they've actually accomplished something with all their fancy status & "education"

[cubsfan]

1 hour ago, Dalal.Holdings said:

Regulations help the Brussels bureaucrats feel powerful, feel like they've actually accomplished something with all their fancy status & "education"

 

Of course, part of the requirement to get the invitation to Davos.

[Dalal.Holdings]

This post is not satire even though it looks like satire. Obtaining the EU's alphabet soup of certifications is a key milestone of "bragging rights" for some European companies...

 

 

 

Meanwhile...

[Dalal.Holdings]

It was almost 2 years ago (feels like it was yesterday) that the EU achieved this great feat:

 

 

 

And now, as 2025 draws to a close, Europe of course is considered an AI leader....oh, wait...

 

https://www.ft.com/content/af6c6dbe-ce63-47cc-8923-8bce4007f6e1

 

 

Quote

The European Commission is proposing a pause to parts of its landmark artificial intelligence laws amid intense pressure from Big Tech companies and the US government. Brussels is set to water down part of its digital rule book, including its AI act that entered into force last year, in a decision on a so-called simplification package on November 19.

 

Quote

The move reflects EU efforts to make the bloc more competitive against the US and China. 

 

Quote

In the draft proposal, seen by the FT, the commission is considering giving companies breaching the rules on the highest-risk AI use a “grace period” of one year. The draft proposal was still subject to informal discussions within the commission and with European capitals and could still change ahead of its adoption on November 19, officials said. 

 

Oh, wait, it's only a 1 year grace period. Better luck competing next time

 

Quote

The spokesperson added the bloc remained “fully behind the AI Act and its objectives”.

 

Of course, when you make a big mistake as a bureaucrat, the worst thing you can do for your career is to admit it.

[cubsfan]

Damn!!!   More useless regulation. The entrepreneur's death wish.

 

I bet those innovators can't wait to spend all their money on bullshit!

 

The graph comparing China's "climate plan" to Europe's tells the whole story.

 

 

[John Hjorth]

On 11/9/2025 at 7:13 PM, Dalal.Holdings said:

This satirical European tech founder account is too good to pass up:

 

 

GDPR and AI Act compliance + CO2 certification are the KPIs for any European tech startup !

 

 

 

@Dalal.Holdings,

 

What has posts on X by a satirical account on X to do with this topic? We have another, separate topic available for sharing for such fun, for common amusement -, still separately!

 

You're a professsional money manager operating out of NYC, where every person on the Internet is actually able to access and read what your posting here in this topic, not only in this topic, but in this group of topics in total by me called 'forum' [some on here I've noticed calling it a 'section'], as the contrary to the 'board' as as a whole, which is only available to registered members, in the named usergroups 'member' and 'members', which requires the payment by registration of an abosolutely nominal cash digital by receiver accepted digital payment method, one-time-only 'registration [entrance] fee'.

 

If you try to logout, and visit CofB&F, you'll get to the conclusion, that I'm right.

 

Furthermore, please just try to doxx your self [nah, not real doxxing, btw.]  by simply doing a Google search for your self of 'Dalal Holdings Corner of Berkshire' and see what you get! - remember in Google also to look at the search result section 'Pictures'[perhaps it's 'Images', whatever] - And then you're feeling hurt by me breaching your privacy privileges here on CofB&F!?

 

I'm just hoping by this post that you're realizing you're actually here embarrassing yourself! - You don't need my help to do that.

 

I'm personally posting here on CofB&F under the name on my birth certificate. -There is no better conduit for self moderation than knowing it is so!

 

-Get real!