Peter Mills
spills360.bsky.social
Peter Mills
@spills360.bsky.social
Reposted by Peter Mills
FOURTEEN PERCENT?
April 7, 2025 at 12:24 AM
Reposted by Peter Mills
Alan Beattie crisply outlines the dark clouds headed for the global economy.

“The trading system needs buyers not sellers”

Neither stagflation/recession-hurling tariff-fest USA, nor demand black-hole China will provide it.

There won’t be enough demand to go around.
April 5, 2025 at 11:48 AM
Reposted by Peter Mills
Because it fears a change of the EU fiscal rules, the Commission is resorting to a very far-reaching interpretation of the rules to make room for much more defense spending. This is a shortsighted mistake because it risks accidentally killing the rules altogether at the worst moment.

Here is why:
March 19, 2025 at 3:04 PM
Reposted by Peter Mills
A small drop in an ocean of suck, but for the past few weeks friends have let me know that my book (Divided Armies), along w/ related articles + briefings, was removed from DoD reading lists & curricula for being "too woke"

Now JFQ has literally "unpublished" its review & any mention of the book ⬇️
Everything is unbelievably stupid, and among this is Joint Force Quarterly being forced to unpublish multiple articles and some entire issues as far back as *2006* because of "DEI material"
March 5, 2025 at 12:58 PM
Reposted by Peter Mills
“‘…There are going to be regions of the country where you can’t get a mortgage,’ he said during his semiannual testimony to Congress, noting that banks and insurance companies have been pulling out of coastal and fire-prone areas they deem too high risk.” finance.yahoo.com/news/powell-...
Powell predicts a time when mortgages will be impossible to get in parts of US
A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said Tuesday in testimony before Congress.
finance.yahoo.com
February 15, 2025 at 3:59 PM