Saturday, September 13, 2025

Wolf Richter: Boeing Launches $22 Billion Share Offering to Get Breathing Room, Dodge Junk Credit Rating, after Having Wasted $64 Billion on Share Buybacks

With the equity raise as outlined today, the company will have some limited financial breathing room, and will likely avert a near-term down grade to junk, so one day at a time.

Links 10/30/2024

Obesity: Sociogenic Disease and the Next Generation of Blockbuster Drugs

The only good way to deal with the obesity epidemic is to go back to the future and eat real food, close to home, wherever that may be.

As German Industry Implodes, Country’s Wealthiest Make Out Like Bandits 

The blame cannons for the fall of Germany ignore Atlanticist elite and are increasingly being set on China in addition to Russia.

Hydrogen Stocks Crash as Hype Faces Reality Check

The EU and especially Germany were relying on the fantasy that green hydrogen could save their industry, which is dying after governments cut off Russian pipeline gas.

2:00PM Water Cooler 10/29/2024

~ Today’s Water Cooler: Politics, Syndemics; Kamala campaign begins closing argument; The Fascist Question; Pennsylvania round-up; Memories of Richard Scarry ~

Big Lies and Little Progress: Reviewing Four Years of Biden National Security Advisor Jake Sullivan’s “Foreign Policy for the Middle Class”

Sullivan went from a professed focus on the middle class to overseeing a system of mass slaughter and tried to wed the two. 

Links 10/29/2024

Central Bank Digital Currency (CBDC) Projects Are Foundering in Five-Eye Nations. What Gives?

Canada and Australia shelve plans for retail CBDCs while the US could soon become the first country to explicitly ban the central bank from issuing a CBDC.

Europe Is Not Prepared for the Looming Lebanese Refugee Crisis

Maybe European politicians who oppose refugees should stop supporting wars that create refugees. 

Democrat War Games: Could They Try for a Color Revolution After a Trump Victory?

It would certainly seem odd if the Democratic apparatus, allied with the Blob, did not use same tools to “defend democracy” here at home that they have used with such success abroad.

2:00PM Water Cooler 10/28/2024

~ Today’s Water Cooler: Politics; Young men and 2024; Robert O. Paxton on Trumpism; Boeing looks to Wall Street for bailout ~

What Financial Markets Say About the Economic Implications of a Potential Trump Election Victory

Investors associate a higher likelihood of Trump winning with adverse supply-side effects on net. In the US, an increase in the prospects of a Trump victory on betting markets is associated with lower stock prices, higher interest rates, and higher market-based inflation compensation.

Links 10/28/2024

Why Does the EU Want to Become More Like the US? 

Bloc elite aim to double down on anti-labor, pro-market policies under the guise of competitiveness and productivity in order to compete with China.