In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, only the elephant does not appear. Even if in a china store with an elephant – to use a German elephant image – the cups just tumble off the walls, people tend to believe in an earthquake rather than in the role of the elephant.
Economics
EuroStat: EU Current Account Surplus Shrinking Rapidly
In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of […]
Geopolitics
Max Blumenthal, Wyatt Reed: Israeli Mossad named as funder of Gaza Humanitarian Foundation
Top Israeli lawmakers have accused their government of laundering massive sums through a shadowy network of US humanitarian and mercenary orgs. The weaponized aid initiative is the linchpin of Israel’s plan to ethnically cleanse northern […]
Economics
Eurostat: Volume of retail trade down by 1.2% in the euroarea and by 1.3% in the EU
Looks like a recession. Read Here
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