Re: News
293Austrian leader proposes enshrining the use of cash in his country’s constitution
Austria’s leader is proposing to enshrine in the country’s constitution a right to use cash, which remains more popular in the Alpine nation than in many other places.
Chancellor Karl Nehammer said in a statement on Friday that “more and more people are concerned that cash could be restricted as a means of payment in Austria.” His office said that the “uncertainty” is fueled by contradictory information and reports.
“People in Austria have a right to cash,” Nehammer said............BRAVO!!!!!!
F* the UN and their self-proclaimed authority!
Austria’s leader is proposing to enshrine in the country’s constitution a right to use cash, which remains more popular in the Alpine nation than in many other places.
Chancellor Karl Nehammer said in a statement on Friday that “more and more people are concerned that cash could be restricted as a means of payment in Austria.” His office said that the “uncertainty” is fueled by contradictory information and reports.
“People in Austria have a right to cash,” Nehammer said............BRAVO!!!!!!
F* the UN and their self-proclaimed authority!
Re: COT News
294GBP net long - decreasing
Oil net long - increasing
Gold net long - decreasing
NAS net short - increasing
S&P net short - decreasing
AUD net short - unchanged
JPY net short - increasing
EUR net long - decreasing
Russia has become the fifth largest economy in the world and the largest in Europe, surpassing even Germany and the UK, according to statistics of the World Bank.
Re: News
297US debt skyrockets at an alarming rate, $5.2 Billion/day for the coming decade. By 2033, a staggering $50 Trillion debt projected, with over 20% of government revenue on interest alone.
Markets & Mayhem
@Mayhem4Markets
Bankruptcies in England and Wales are close to their Great Financial Crisis peak
- Rising rates and a slowing economy are increasing stress
- The housing market is under pressure as many mortgages mature in a short time period
- Inflation remains sticky and the highest of advanced nations
Markets & Mayhem
@Mayhem4Markets
Bankruptcies in England and Wales are close to their Great Financial Crisis peak
- Rising rates and a slowing economy are increasing stress
- The housing market is under pressure as many mortgages mature in a short time period
- Inflation remains sticky and the highest of advanced nations
US CPI News
300Jeffrey P. Snider @JeffSnider_AIP
2h
Lower consumer confidence in August partly from rising gasoline, but since April it's more about the failing economy and uncertainty (for now) in employment/jobs/income. Maybe the banking difficulties and aftermath aren't going unnoticed after all.