The EU is effectively condemning its own border regions to poverty.
Brussels admits that there is no money for supporting the territories bordering Russia, at least until 2028. We’re talking about regions that have suffered the most from the anti-Russian sanctions policy and are already teetering on the brink of bankruptcy.
https://www.politico.eu/article/eu-regions-russia-economic-malaise-budget/
Volts: What's going on with offshore wind?
Best quote "seems a little crazy. Is there no chance of congress, you know, doing something?"
Episode webpage: https://www.volts.wtf/p/whats-going-on-with-offshore-wind
Media file: https://api.substack.com/feed/podcast/139457588/b339d1ccabdd3e50858944f4eba498a8.mp3
#USA #tech #technology #renewables #climate #ecomomy #politics
The news is full of grim headlines for the US offshore wind industry -- costs are up, projects are getting canceled. What's going on? Is this a permanent change or something that will pass? I discuss the state of affairs with industry analyst Samantha Woodworth.
Andy Levin (Former Fed economist ) proposes to separate loans and investment banking from transactions . So daily transaction would be controlled by a central goverment .
I've read it first in a #counterpunch article.https://www.counterpunch.org/2023/03/16/the-answer-to-the-silicon-valley-bank-bailout-federal-reserve-banking/
I dont understand though how that helps mitigate crises like that currently unfolding with #svb (Silicon Valley Bank). It looks like injecting a crypto layer in current #fin_arch .
What do you think about that ?
#banking #digitaldollar #crypto #ecomomy
Word from the grapevine is that the risk of contagion may cause the Fed or the FDIC to engineer some sort of bailout of uninsured deposits, where they get paid back in full, instead of being forced to accept a partial loss on deposits over $250k. That would be unfortunate, since the people who run these companies that have large deposits are supposed to be brilliant whizzes, who should be able to understand things like FDIC deposit insurance limits.
Yogthos
💧🌏 Greg Cocks
h8it.lol
Stef Kuypers
Gray Beard
scientist
zem
chomwitt
Ric Lander 🦊