Vanity fair reports how logistics giant Kühne+Nagel profited massively from the expropriation of Jewish assets & Nazi war spending. Reactions FDP politician count Lambsdorff: reporting has no substance. Economist Bachmann: Makes fun of person who posted the Vanity article. 🤯

AfD once more by far the strongest party among those who consider their economic situation as bad in Brandenburg vote. Feels like Germany is running a nation-wide experiment to rigorously demonstrate that austerity really does fuel the extreme right.

“Chinese dealers have lost US$19.55 billion in the first 8 months of the year, largely due to deep discounts.” What if low EV prices are the result of the first price war in the automobile industry in decades rather than just subsidies?" www.scmp.com/economy/chin...

If the Democrats win in November, it’s in no small part thanks to Lina Khan at FTC. www.cbsnews.com/news/ftc-cha...

FTC trustbuster Lina Khan: feared in boardrooms, cheered on by progressives — and even some MAGA Republicans

At the Federal Trade Commission, Chair Lina Khan's mission is breaking illegal monopolies, blocking mergers that stifle competition, and protecting consumers.

Fighting sellers’ inflation with windfall profits for banks feels like fighting fire with fuel.

“Too many leaders have prescribed to an economic theory that failed: trickle down economics. But guess what, not much trickled down on kitchen tables.” -President Biden Whatever the future of Bidenomics holds, let’s hope this insight sticks.

“Critics said it would take unemployment and a recession to get inflation down. I refused to accept that.” - President Biden.

Thank you Mr President for not listening to certain economists!

The list of stakeholders consulted for the Draghi report is out. It lists four pages of “trade and business associations”, “professional consultancies” and “companies and groups” and only *1* single trade union.

It’s heartening to know that such a purist view of globalization is still around.