Tongue-in-cheek anarcho-capitalist views + random interesting retweets about macro and markets.
Tallinn
Joined May 2009
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Peeter Koppel retweeted
I would rather he explained what happens to people in CHINA if they question the CCP regime.
Peeter Koppel retweeted
Insane that the European Union is represented only once amongst the 50 largest companies in the world.
Peeter Koppel retweeted
Communism has killed more souls than bodies, because its first victim is the truth.
Peeter Koppel retweeted
First, governments spend too much.
Then, they tax too much.
After, they print more to "stimulate" the economy.
Thus, inflation soars and they economy stagnates...
And they repeat.
Peeter Koppel retweeted
JPMorgan CEO Jamie Dimon warns Europe is falling dangerously behind America economically… and blames anti-business, anti-investment, and anti-innovation policies. 🇺🇸🇪🇺
“If you don’t believe me, go to Europe, folks. Europe used to have a GDP per person of 90% of America’s. It’s now 65%. It’s on its way to 50%.
That will jeopardize the health of Europe itself over time.
And it’s all anti-business, anti-investment, anti-innovation. They kind of know it.
If they don’t fix it—and we should help them fix it, because Europe matters—it’s really bad for the Western world, too.
We should do it wisely.”
Europe shift over the past three decades has proven decimating for their economy. Aging population forces mass immigration in order to maintain adequate growth. Crazy regulation and bureaucracy slows innovation and investment… forcing the economy further down. At the same time, the United States has pulled ahead exponentially and will continue to do so. Europe is struggling.
Peeter Koppel retweeted
Tocqueville’s paradox: it is in the most equal societies that people find inequalities most intolerable.
Peeter Koppel retweeted
Good Morning from Germany, where one of Europe’s biggest landlords calls the country “uninvestable.” Heimstaden is withholding fresh capital over Berlin’s expropriation plans. It owns 20,000 apartments in the city worth ~€5bn and estimates a potential €1bn loss. Its hybrid bond has plunged from ~98 cents in August to 82.5. The irony: a policy meant to tackle the housing shortage risks driving away investment without building a single new home. bloomberg.com/news/articles/…
Peeter Koppel retweeted
France has very high social spending, even by the standards of social democrats, yet somehow it’s not enough:
Peeter Koppel retweeted
Let me get this straight.
The same people that complain about the cost of living think that more government spending, more money printing and more migration will solve it.
Fascinating
Peeter Koppel retweeted
Just imagine French voters and politicians were exposured to Bastiat instead of Piketty. Then France wouldn't be in this mess.
High schoolers, students: the twilight of macronism
Hundreds of thousands of young people work hard to earn their high school diplomas, but there is nothing planned to welcome them into higher education
thomaspiketty.wordpress.com/…
Peeter Koppel retweeted
France's collapse is the direct consequence of following Piketty and Zucman's recommendations of massive government, huge spending, high taxes and uncontrolled migration.
Now they give lessons.
Peeter Koppel retweeted
French Protesters Demand More Socialism To Fix Problems Caused By Socialism buff.ly/9V0NW1A
Peeter Koppel retweeted
Socialism is the art of interfering with capitalism and then blaming it for the results.
Peeter Koppel retweeted
Good Morning from Germany, where wholesale power prices are increasingly topping €200/MWh vs an avg of just €96.6 since late June 2024. The latest day-ahead price is €210.67, up 12.5%. France: €212. Spain: €193. Nordic benchmark: €105. Expensive gas, weaker wind and rising heating demand are squeezing much of Europe. Another headwind for Europe's industry before winter even begins.
Peeter Koppel retweeted
Socialists discovered that corporations have too much power and proposed merging your employer, landlord and grocery store into one institution with a police force and military.
Peeter Koppel retweeted
We really have to start treating socialists like economic flat earthers. They operate at the same level of sophistication, can't understand basic concepts provable w/evidence etc. I don't understand why they're part of the adult discourse (no one at NASA thinks space is fake)
Peeter Koppel retweeted
“Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.”
— Thomas Sowell
