The Red Count
theredcount.bsky.social
The Red Count
@theredcount.bsky.social
Politics, history, finance and economics.

Mapping Germany
Pinned
Probably, because I walk by a building everyday which was built by communists as a leisure centre, confiscated and turned into "housing" for forced/slave labour under the nazis, I have thought for months that the most obvious way to satisfy all Trump constituencies is labor camps, not deportations.
Reposted by The Red Count
These sort of moves are happening a bit more frequently. Wondering when the US government will start threatening European institutional investors with retribution
PME, a Dutch pension fund overseeing about $70 billion, has severed ties with BlackRock based on an assessment that the world’s largest money manager no longer acts in its best interests on issues such as climate risk.
BlackRock Loses $5.9 Billion Mandate From Dutch Pension Fund PME
PME, a Dutch pension fund overseeing about $70 billion, has severed ties with BlackRock Inc. based on an assessment that the world’s largest money manager no longer acts in its best interests on issues such as climate risk.
bloom.bg
December 15, 2025 at 6:07 PM
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In my view, the "broken windows" theory unquestionably applies to white collar crime. And it's absolutely out of control at the moment, to the point that it represents a threat to most major democracies and capitalism itself.
One of the ways in which people experience the state not adequately protecting them is that they are exposed to things like scams, grotesque images, racist/xenophobic language, cascades of gambling promotions across many of the social media platforms they’re encouraged to use. And gvmt does v little
December 15, 2025 at 2:17 PM
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By relinquishing its regulatory sovereignty, Europe becomes precisely what Draghi warned against: economically dependent, technologically subordinate, and strategically weak

My latest
tepsa.eu/policy-advic...
Simplification of EU legislation: A complex matter – TEPSA
tepsa.eu
December 11, 2025 at 10:41 AM
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Bin gespannt, ob es auch eine Diskussion über diejenigen in Deutschland geben wird, die jahrzehntelang als Transatlantiker den Aufbau einer starken eigenen europäischen Verteidigung abgeblockt hatten - auch das hat zu sehr gefährlichen Abhängigkeiten geführt, wie wir jetzt merken
December 7, 2025 at 1:45 PM
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Above all, the Trump II National Security Strategy reveals a fundamental misunderstanding of the EU, in that by now most of the far-right nativist parties to which it appeals recognize the inherent value of the EU.

The danger for the EU is less dissolution than far-right cooptation from within.
December 7, 2025 at 12:18 PM
Yeah, this is quite striking. Continental social democratic parties often have the opposite problem. An excessive focus on "labour" as the essential condition for being allowed to participate in society.
You might think that the "Labour" Party would consider labour itself to be a contribution to society, alas no, only "having lots of money" is a real contribution.

Perhaps they need to change their name to the Capital Party?
December 7, 2025 at 11:43 AM
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The true long-term cost of delegation: Enabling private deliberation by removing public deliberation eventually destroys capacity for economic reasoning at the society/polity level.
The independence of the Bank of England was supposed to facilitate the application of economic reasoning to public policy. But if independence=taboo on discussing the interactions btw fiscal & monetary policy, then not even technocrats deliberate on one of the biggest economic policy issues!
IMHO, Murphy's very sloppy. But UK fiscal policy since QE/QT amounts to MMT that dare not speak its name. Viz:Osborne et al spent ~£120 bln of the money created to purchase gilts in QE. Too much monetisation-financed fiscal spending, or too little? MMT could at least pose the question! As for QT 1/n
December 6, 2025 at 9:46 AM
If you want to see the naivety of (economic) liberals in dealing with the US, here is a great example.
No understanding of power. Still clinging to the fantasies of open markets.
November 28, 2025 at 10:19 AM
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We do need public digital money. Is this the solution(don't pay with your bank account money but with digital euros, a bit like cash)?https://m.youtube.com/watch?v=hTkmXDENl5U#bottom-sheet
November 27, 2025 at 11:12 AM
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I’m 81 and suspected I am Jewish so I did genealogical research and found out that my dad (!!) was in the waffen SS is peak erinnerungskultur go home
die umstrittene waffen ss
November 11, 2025 at 11:30 AM
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At a fundamental level, we have to accept much of silicon valley has gone insane.
An ex-Intel CEO’s mission to build a Christian AI: ‘hasten the coming of Christ’s return’
Patrick Gelsinger, executive chairman of Gloo, has made it his mission to advance Christian principles in Silicon Valley
www.theguardian.com
October 28, 2025 at 1:28 PM
Reposted by The Red Count
but does Cem Özdemir use a bicycle to carry water for rightwing demagogues
Der Grünen-Politiker Cem Özdemir pflichtete Merz bei, dass es tatsächlich "unerträgliche Zustände" in den Innenstädten gebe. Damit müsse man sich jetzt beschäftigen. "Wenn wir es nicht machen, dann ist es quasi ein Aufruf, AfD zu wählen".
Vielleicht haben „die Töchter“ auch keinen Bock mehr darauf, dass ihre Rechte und ihre Sicherheit für Friedrich Merz immer genau dann von Bedeutung sind, wenn er sie nutzen kann, um seine vollkommen rückwärtsgewandte Politik zu rechtfertigen?
October 21, 2025 at 2:05 PM
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It's actually really impressive how much of where we got to right now stems from the top legal and political scholars in our media just declaring "well if that's true then the left is right, and we know they're not, so that isn't true" for like, thirty years
October 7, 2025 at 6:21 PM
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scrolling through 500 posts *documenting* how the Right don't *really* care about free speech, will we ever get out of the self-defeating loop of accusing them of hypocrisy or will we just continue to careen into the abyss, the background noise of helpless outrage ringing in our ears
September 16, 2025 at 10:59 AM
One of the more interesting races in the NRW elections is the municipality of Augustdorf. It is THE AfD stronghold in NRW (mainly due to very close knit religious communities of Russia Germans and partly due to it being the location of a large Bundeswehr barracks).
(1/2)
September 14, 2025 at 9:31 PM
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Increasing confidence in my thought that the reason this will be in the news for a while and feels "different" is that it's a member of the media and there's nothing the media cares about more than itself.
They have never, ever expressed anything close to this level of pain and sympathy for school shooting victims.
September 10, 2025 at 10:52 PM
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And: stop fretting about ‘independence’ and ‘fiscal dominance’, but the following dynamic: gov surrenders fiscal policy discretion to CB, while CB follows the lead of the out of control drunk that is the market-based financial system—financial dominance all the way down. Basically the UK.
August 28, 2025 at 9:00 PM
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I think it's time to give up the idea that Capital only thrives under liberal institutions.
I'm totally baffled abt the markets. Where is Capital? Trump is messing w/ govt data; imposing tariffs; flirting w/ default; meddling in corporate management.

Where are the CEO complaints? The bond vigilantes? Where are billionaire hedge funders who trade on good data? Was Capital's power a mirage?
"Antoni is the chief economist at the Heritage Foundation. He has been a relentless booster of Trump’s policies on social media. And he has demonstrated time and again that he does not understand economic statistics." With embarrassing examples from trade, employment, LFP, UI.... [Dominic Pino, NRO]
August 12, 2025 at 8:35 PM
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Ich finde das sehr großartig, was die Autor*innen hier machen. Das mindeste was wir tun können, ist teilen & das ein oder andere Buch kaufen.
14 of 24 authors have now withdrawn.

First Book:
Curtis Garner, Jason Okundaye, Sacha Coward, Sanah Ahsan, Amy Twigg, Mae Diansangu, Eleanor Medhurst, Ciara Maguire, June Thomas

Main:
Olumide Popoola, Robert Hamberger, Andrew McMillan, Rhian Elizabeth, Jane Traies

Judges:
Nicola Dinan, Bob Hughes
August 11, 2025 at 5:37 PM
It is interesting that media institutions like the Economist or the FT, who have been quite sympathetic to this vassalization (in softer form) for the last 30 years, are changing course this quickly.

Political leaders are slower in changing their perspective and lots of business leaders even slower
Spot-on by Gilles Gressani (@grandcontinent.bsky.social‬): "Europe’s submission [...] amounts to the rejection of any substantial autonomy in exchange for protection."

www.ft.com/content/0fa0...
Europe’s ‘happy vassal’ complex
The EU is willingly colluding in its own subjugation to Trump’s geopolitical agenda
www.ft.com
August 11, 2025 at 2:55 PM
Very good thread by @historyned.bsky.social and @tinido.bsky.social about the pol. economy of German industry and how asleep at the wheel lots of business leaders still are.

You can see it also in how complaints against the Trump tariffs are framed by lobbies in D: as if the world is still in 1999.
The German car industry and with it the German economy is on the path to getting absolutely wrecked by the coming renewable/electric car revolution.
August 11, 2025 at 12:24 PM
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Lustigerweise veröffentlicht das Ifo jetzt nicht-saisonbereinigte Umfragewerte. Wahrscheinlich passt es @clemensfuest.bsky.social einfach nicht, dass Deutschland schon vor einem Jahr ohne Strukturreformen die Rezession überwunden hat. Der Reformdruck darf ja nicht einfach so weichen...🤣🤣🤣
Da hilft bestimmt mehr Druck auf Arbeitslose, höheres Renteneintrittsalter, schärfere Grenzkontrollen, weniger Klimaauflagen und Steuersenkung für Reiche
August 8, 2025 at 5:24 PM
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Interesting amongst other things because it identifies that for all the talk of populism it’s our narcissistic and nihilistic elites that are dragging us towards catastrophe
"People are fundamentally egalitarian but are led to collapses by enriched, status-obsessed elites."

Global collapse is coming unless inequality is vanquished. But disaster is not inevitable: every one of us has agency. USE IT.
www.theguardian.com/environment/...
‘Self-termination is most likely’: the history and future of societal collapse
An epic analysis of 5,000 years of civilisation argues that a global collapse is coming unless inequality is vanquished
www.theguardian.com
August 3, 2025 at 1:05 PM
Really good stuff on the outdated worldview of 90s media studies leading down the conspiracy route.
Anyway, this was who I was thinking about:
August 3, 2025 at 12:02 PM