Trump—a convicted fraudster, rapist, and insurrectionist—isn’t an outlier. The fact that he can win power again is a symptom of systemic weakness. In any functioning democracy, such a figure would be politically extinct. In the U.S., he was the GOPs first choice. 2/10

How did we get here? Its complicated but two core flaws make American democracy structurally unstable: 1️⃣ Money in politics—Citizens United allows billionaires to buy elections. 2️⃣ Electoral system design—A few swing states decide everything, making it easy to manipulate outcomes

Unlike in Europe (at least my country), where politicians resign over minor infractions, the U.S. system enables criminals to return to power. When legal accountability means nothing, when money outweighs votes, when courts are stacked—how democratic is the U.S., really? 4/11

Europe must wake up. The old assumption—that the U.S. will always be there as a security guarantor—is dead. A country that can be hijacked by extremists every four years is no foundation for defense and security. 7/11

The German fiscal package is massive (10-20% GDP). - 500 billion 10Y fund for public investment - All defence spending above 1% of GDP not counted for debt brake. - Federal states can borrow 0.35% p.y. for investment. Germany is back - economically +militarily. 1/x

Wenn's ein Deutscher war: "Autofahrt"

An important lesson for Germany from Bidenomics is that if you are going to do big fiscal stimulus, you need to very aggressively break down regulatory barriers to supply to get ahead of the inflation risk.

Europe seems to be preparing to run a war economy. It will have a choice of going down the path of WWI when free market principles were applied to wartime challenges, or WWII when planning delivered a broad-based economic success in the US. See: How China Escaped Shock Therapy.

Who is going to want to buy American when we are willing to disable arms we’ve provided mid battle? foreignpolicy.com/2025/03/04/tru…

➡️ Activados planes de reposición del suministro eléctrico en colaboración con las empresas del sector tras el cero ocurrido en el sistema peninsular. ➡️ Se están analizando las causas y se están dedicando todos los recursos para solventarlo. Seguiremos informando.

Most of Spain without electricity apparently

Trump's "big" trade deal is with the UK: - It's a framework not a deal - They're our 11th largest trading partner - They're only 3% of US trade (97% to go) - They *already* charge average tariffs of only 1% (limited upside) It's a photo op, with little macroeconomic significance

🇩🇪 Berlin entscheidet unilateral, dass EU Recht in einem wesentlichen Punkt, auf Kosten anderer Länder, ab jetzt und zeitlich unbegrenzt in Deutschland nicht mehr gilt. Das ist ein Erdbeben. Ab jetzt soll - so das Ziel - idealerweise niemand mehr einen Asylantrag in 🇩🇪

Maybe I'm being unfair, but a trade deal in which the US raises tariffs on the UK and the UK lowers tariffs... ... feels a bit... one-sided

🇨🇦 As a central banker, Mark Carney led the push on understanding the risks climate change poses to economies. But will he have the same focus as Canada’s new prime minister? GreenCB.co/3YDign7

BREAKING: Google Earth updated their images of Gaza. Compare. Being against this is not “antisemitic” or “pro-terrorist”. It’s pro-human. Sincerely, A Jewish American.

How to deal with climate change. Figure out who gets hit and where and adapt through learning? Or, cancel the database you would use for this task and insist it’s all a fake? Yip. You guessed it: bloomberg.com/news/articles/…

MAJOR BREAKING: New viral video shows Congressman Menendez jumping in to save his colleague Congresswoman LaMonica McIver, who's being manhandled by ICE, as Mayor Ras Baraka is being taken in handcuffs. America, 2025.

There's no way back from a suspension of Habeas Corpus. It's a one-man dictatorship then. And any Republican in office or out who would still support Trump after this is, simply, a traitor to America cnn.com/2025/05/09/pol…