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January 06, 2025

This is truly historic:

China’s 30-year government bond yield has dropped below Japan’s 30-year yield for the first time ever.

Over the last 4 years, China’s bond yield has declined by a whopping 215 basis points.

This comes as China’s economy has slowed and experienced 6 straight quarters of deflation, the longest streak since 1999.

At the same time, Japan’s bond yield has risen 160 basis points as inflation has picked up in the country.

In the past, Japan had seen 3 decades of economic stagnation and had suffered 25 years of deflation starting in the 1990s.

China is entering a new economic phase.

https://x.com/KobeissiLetter/status/1875954984753541471

China's economic miracle of the past decades was fueled by cheap labor, massive infrastructure spending, and relentless urbanization. But now, labor is more expensive, infrastructure is overbuilt, and urbanization is hitting a ceiling. https://x.com/Kamil_Maitah/status/1875956093521928602

China faces dueling threats from a deepening property crisis fueling deflation, record youth unemployment, dangerously high local-government debt, aging population, low consumer confidence & slackening demand for exports.

China GFDP growth is now lagging behind the rest of Asia. https://x.com/Josephine082322/status/1875962023374426527

Will happen in US too.
Citat
Alejandro Scórpio
@Scorpio_Alejand
·
4 ian.
1/
"What happens in stays in
US is ExCePtioNaL"

Really ? https://x.com/Scorpio_Alejand/status/1875963843844956348

China Entering New Economic
Phase of Deflation which is
Worse than Inflation https://x.com/FreeSites_com/status/1875957910980952136

The 10-year Treasury yield rate for China is the lowest in the country's history! It's truly terrifying! THEY INJECT CASH LIKE CRAZY! They print more cash than Jerome Powell ! https://x.com/stockdatamarket/status/1875955508919869812

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Russia's SVR Claims U.K. And France Plan To Provide Nuclear Weapons To Ukraine

George Szamuely and Peter Lavelle discuss how much truth there is in the Russian Foreign Intelligence Service (SVR)'s claim that the U.K. and France are planning to provide Ukraine with nuclear weapons.

00:17:46
February 23, 2026
The Gaggle Music Club: Arnold Schoenberg’s Pelleas und Melisande

This week’s selection for The Gaggle Music Club is Arnold Schoenberg’s Pelleas und Melisande, Op. 5. Composed in 1902-03, the work stands at the crossroads between late Romanticism and 20th century Modernism.

The composition is based on the Symbolist drama Pelléas et Mélisande (1892) by Belgian playwright Maurice Maeterlinck. Maeterlinck’s play had already inspired Claude Debussy, who turned it into an opera, Pelléas et Mélisande, which premiered in 1902.

Schoenberg’s conception was very different from Debussy’s. Where Debussy dissolved drama into subtle Impressionism, Schoenberg embraced the Wagnerian symphonic tradition and sought to render the entire psychological arc of the drama into one vast, continuous orchestral movement.

It was Schoenberg’s friend and champion Alexander von Zemlinsky who first suggested that he compose a tone poem based on Maeterlinck’s play. Initially, Schoenberg considered writing an opera, but he soon decided that the drama’s inwardness and ...

00:48:42
TG 2079: Trump Continues Threatening Iran AT SOTU

George Szamuely and Peter Lavelle discuss President Trump's raucous State of the Union, and his refusal to let up on his threats against Iran.

00:31:00
20 hours ago

Europe is dying!!!!!!!!! IT'S ALL OVER, THIS HAS JUST BEEN ANNOUNCED!!!!!!!! (the US is finished, too, by the way...)

Over the winter, Kazakhstan's main oil artery -- the Caspian Pipeline Consortium line that runs through Russia to the Black Sea -- became a casualty of the Russia-Ukraine war after it was knocked offline by Ukrainian drone strikes, wiping out nearly half a million barrels a day of export capacity.

Roughly four out of every five barrels Kazakhstan exports leave the country via the CPC pipeline, making the disruption especially severe.

Yet as Astana scrambles for alternatives, it is striking that it has not turned to the Kazakhstan-China pipeline to quickly fill the gap. Instead, Kazakhstan is looking west -- to the Trans-Caspian International Transport Route, or Middle Corridor, through Azerbaijan, Georgia and Turkey -- to keep crude flowing to European customers. 🧵 https://x.com/kenmoriyasu/status/2026364170287878461/photo/1

20 hours ago

Totally agreeing with this German guy in that the EU ain't gonna collapse anytime soon, despite the moronically wishful thinking of all these zanon trumpets and hopium pushers like the duran or escobar and all the brics brigade, no, Germany is not deindustrialized, no, we haven't frozen to death this winter, nor the previous one, no, the euro ain't dying, but is stronger than ever in the exchange rates, no, tom luongo, Commerzbank or whoever hasn't gone bankrupt etc. etc. etc.

February 25, 2026

I mean this fan fiction is really summed up by the title that popped up in my youtube feed by some unknown channel: TOTAL BREAK
IT'S OVER! Odessa Lost - Ukrainian Army Collapses, NATO Panics | Col Doug MacGregor

I guess we can all go home now

January 21, 2023
More Leftie Than Thou
"Jacobin" Magazine Celebrates A Strike Against Ol' Blue Eyes

Here at "The Gaggle" we have very little time for the "more Leftie than thou" school of thought--that's the approach to life according to which the only thing that matters is whether you take the right position on every issue under the sun from Abortion to Zelensky. No one in the world meets the exacting standards of this school of thought; any Leftie leader anywhere is always selling out to the bankers and the capitalists. The perfect exemplar of this is the unreadable Jacobin magazine. 

The other day I came across this article from 2021. It's a celebration of trade union power. And not simply trade union power, but the use of trade union power to secure political goals. Of course (and this is always the case with the "more Leftie than thou" crowd), this glorious, never-to-be-forgotten moment on the history of organized labor took place many years ago--in the summer of 1974 to be exact. Yes, almost half a century has gone by since that thrilling moment when the working-class movement of Australia mobilized and prepared to seize the means of production, distribution and exchange. 

Well, not quite. Organized labor went into action against...Ol' Blue Eyes, the Chairman of the Board, the Voice; yes, Frank Sinatra. Why? What had Sinatra done? Sinatra was certainly very rich, and he owned a variety of properties and businesses. But if the Australian trade union movement were, understandably, searching for the bright, incandescent spark that would finally awaken the working class from its slumber there were surely richer, greedier, more dishonest, more decadent, above all more Australian individuals it could have discovered. Australia was never short of them. Rupert Murdoch immediately springs to mind. Why Sinatra?

 

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