Government doesn't create wealth. It redistributes it. Usually badly. Usually to friends.

25 years ago, the US and Germany had similar labor productivity. Germany was a global industrial powerhouse. Then Germany followed the left-green path of overregulation, bureaucracy, energy madness and redistribution, and became the sick man of Europe. Don’t be like Germany.

Another W for MJ. 🏁

UAE to Trump Administration: "You started this war; if we run short of USDs as a result of it, either you will give us USD swap lines, or we will be forced to start transacting oil and gas in CNY and other currencies." -WSJ, just now Via Craig Shapiro

🇦🇷 This guy was Lionel Messi's idol growing up. The most creative and technically gifted No.10s in history. What's his name?

It's official: The world is now experiencing its biggest energy crisis in history, with 600 MILLION barrels of lost oil supply. US gas prices are up +47% since December and inflation is nearing 4% in a similar path to the 1970s. What happens next? Let us explain. (a thread)

This is how the EU/UK now regulates social media: 🤐 Offer CEOs secret deals to censor dissent. 🚨 If they refuse, open criminal cases against them. 😑 When people push back, say it's "all for the children". 🎭 "Protecting children" has become the standard legal/PR cover.

ECB chief Christine Lagarde warns of possible food rationing due to fertilizer disruptions “A third of fertilizers are shipped through the Strait of Hormuz... that is at risk.”

"QE is reverse Robin Hood. It’s policy that steals from the poor, to give to the rich." - Kevin Warsh

German industrial production is now 24% below its (former) long-term trend. The 'Great Reset' is destroying the country's economic strength.

De nieuwe fiscale obsessie in Europa is simpel: belast niet wat iemand verdient, maar wat iemand bezit. Je huis, je spaargeld, je aandelen, je bedrijf. Alsof eigendom een abonnement is waarvoor je elk jaar huur moet betalen aan de staat. Alsof jij nooit echt eigenaar bent, maar

That’s why Telegram would rather leave the French market than give their corrupt bureaucrats access to private messages.

Born on this day in 1947. A legacy that still shapes the game. Johan Cruyff. 🧡

Aren't the left populists screaming "tax the rich" cute? The top 10% of German earners already pay 56.3% of all taxes, the bottom 50% only 6.5% Why should the hardest-working pay even more? Get a real job or start a business, comrades, instead of stealing other people's money.

🎉 Koning Willem-Alexander viert vandaag zijn 59ste verjaardag.   De Koninklijke familie viert Koningsdag dit jaar mee in Dokkum. Vanaf 10.45 uur live te volgen op NPO1 of online via npo.nl/start/live?cha….   🇳🇱 Meer weten over Koningsdag? keningsdei.frl/programma/koni…

possibly the most Dutch take on anything ever

The top 10% hold nearly 70% of total wealth, per The Federal Reserve

WARMTH OF COLLECTIVISM UPDATE: Mayor Zohran Mamdani declares a "budget crisis," asks for a bailout from the state government, and pushes back his deadline for completing the city budget at least 10 days: "We cannot close this deficit with savings alone. We need new revenue, and

PAUL TUDOR JONES ON BUYING THE S&P 500 RIGHT NOW: "If you buy the S&P at this current valuation, the 10-year forward returns are negative when you buy with the S&P P/E of 22. That's what history shows." Jones called the 1987 crash before it happened. He's not predicting a