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Mes chères impertinentes, chers impertinents, Et oui, de partout les prix explosent, et parler d’une inflation à deux chiffres en 2021 suffisait à vous faire passer pour un affreux Cassandre, pourtant, nous y sommes et ce n’est pas terminé comme l’annonce Michel-Edouard Leclerc le patron des...
insolentiae.com
“22 to 23% inflation within 18 months according to Leclerc! ". Editorial by Charles SANNAT
My dear impertinents, dear impertinents, And yes, prices are exploding everywhere, and talking about double-digit inflation in 2021 was enough to make you look like a dreadful Cassandra, yet here we are and it's not over like the announcement Michel-Edouard Leclerc the boss of the eponymous shopping centers. On food and consumer products, more than 20% price increases are expected. Meanwhile energy prices are increasingly...
Comme nous l’a appris hier l’agence Reuters, « le sentiment économique dans la zone euro s’est détérioré de manière inattendue en mars, selon les données publiées jeudi par la Commission européenne ». J’adore ces expressions convenues du type « de manière inattendue ». C’est vrai que le climat...
insolentiae.com
Deterioration of economic "sentiment" in the euro zone.
As Reuters reported yesterday, "economic sentiment in the euro zone unexpectedly deteriorated in March, according to data released by the European Commission on Thursday." I love these conventional phrases like "unexpectedly". It's true that the climate is so cheerful, that there is something to jump and scream for joy in front of so much good news. The rising rates, the inflation that makes each shopping trip anxiety-provoking for people, the war...
Entre la hausse des taux qui commence à avoir des effets, l’inflation passée qui a laminé le pouvoir d’achat des ménages, la baisse (relative) des prix de l’énergie (effet de base) et quelques mesures fiscales liées à la TVA, l’inflation baisse fortement en Espagne. Si cette baisse est une bonne...
insolentiae.com
Inflation drops in Spain to 3.3% at its lowest in 19 months
Between the rise in interest rates which is beginning to have effects, past inflation which has eroded household purchasing power, the (relative) fall in energy prices (base effect) and a few tax measures linked to the VAT, inflation drops sharply in Spain. While this decline is good news at first glance, in reality it shows above all that the economy is starting to seriously slow down and that the probability of a recession occurring is increasing.
James Chanos est né en 1958 de parents d’origine grecque. Il est diplômé de Yale en 1980 et est le gérant du hedge fund Kynikos Associates. Son fonds d’investissement est spécialisé dans la vente à découvert. Alors vous pouvez n’écouter que distraitement les analyses du modeste économiste de...
insolentiae.com
Real estate and banks are at "risk" according to Jim Chanos.
James Chanos was born in 1958 to parents of Greek descent. He graduated from Yale in 1980 and is the manager of the hedge fund Kynikos Associates. Its investment fund specializes in short selling. So you can only listen distractedly to the analyzes of the modest attic economist that I am, but listen to James Chanos, little known to the general public who nevertheless does not lack talent... accountants and financiers. His investment technique consists of analyzing in detail...
Encore une fois dans ce pays notre classe politique a une vision assez indigente de l’avenir. En fait il n’y a pas de vision de l’avenir. Oui, il va nous falloir nous adapter au changement climatique, et pour cela dans un pays qui ne récupère même pas 1 % de l’eau qui tombe sur notre […]
insolentiae.com
Macron and his water plan, it's zero.
Once again in this country our political class has a rather poor vision of the future. In fact there is no vision of the future. Yes, we are going to have to adapt to climate change, and for that in a country that does not even recover 1% of the water that falls on our territory while it is 25% in Spain, the only thing that promises us Macron is to pay more. Working always longer, to pay always more for everything and to have services of m...