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‼️The Eurozone is becoming less relevant in the global economy:

Eurozone GDP as a percentage of world GDP is down to 14.80%, the lowest EVER.

A -8 percentage point decline since 2004.

This comes as the EU imposed overly restrictive regulations, destroyed its industrial base, and made catastrophic energy policy mistakes.

The EU abandoned nuclear power, banned fossil fuels prematurely, and failed to build renewable capacity at scale.

Nothing will stop this decline until something resets. https://x.com/GlobalMktObserv/status/2015824556020142495

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Monday Night At The Movies: "All About Eve" (1950)

Join Gagglers for "All About Eve"!

The screening starts at 3 p.m. ET sharp.
Share all of your thoughts, comments and criticisms on the Live Chat.

02:18:16
January 25, 2026
TG 2058: EU/Denmark Talk Smack To Trump But Lack Resources To Back Up Their Words

George Szamuely and Peter Lavelle discuss the European Union and Denmark's noisy resistance to reach a compromise with President Trump on Greenland, and conclude that Denmark and Europe lack the resources to intimidate the U.S. leader.

01:01:00
January 25, 2026
TG 2057: U.K. Outraged By Trump's Afghanistan Comment; Trump Brings Up Chagos Islands

George Szamuely and Peter Lavelle discuss the splutterings of outrage emanating from the British political establishment in response to President Trump's apparent dismissal of the UK contribution to the war effort in Afghanistan.

00:55:43
January 25, 2026
Monday Night At The Movies: "All About Eve" (1950)

Dear Gagglers:

Monday is, and has always been, a profoundly depressing day. That's why we have decided to add a little bit of fun to it.

On Monday, Jan. 26, we are holding another film screening. Gagglers can watch a movie and, as they do so, offer comments, random thoughts, aesthetic observations and critical insights in the Live Chat.

We will be screening the joint-winner of The Gaggle's "Femme Fatales, Vamps and Moral Emptiness" poll: Joseph L. Mankiewicz's Oscar-winning "All About Eve," starring Bette Davis, Anne Baxter and George Sanders.

The screening starts at 3 p.m. ET sharp.

https://www.imdb.com/title/tt0042192/?ref_=nv_sr_srsg_0_tt_8_nm_0_in_0_q_all%2520abou

Philip Pilkington
@philippilk
·
11 h
Europeans are going to really, really, REALLY regret becoming dependent on American LNG. The prices are soaring at the same time as they are trying to decouple from America. My dudes, the continent has energy needs. Why do you never make plans and act emotionally to events?
Citat
The Kobeissi Letter
@KobeissiLetter
·
15 h
BREAKING: US natural gas prices extend gains to +40% on the day, now on track for one of the largest daily gains in history.

Natural gas prices are now up +240% since January 16th.
https://x.com/philippilk/status/2015898839874519143?s=20

The Kobeissi Letter
@KobeissiLetter
·
8 h
Europeans are piling into US stocks:

European investors now own a record $10.4 trillion in US stocks.

Ownership has surged +$4.9 trillion, or +91%, over the last 3 years.

Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, the UK, now hold ~$5.7 trillion in US equities, or 55% of total European holdings.

By comparison, the rest of the ...

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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