David A ✝️

Apple has officially lost the plot

Why are groceries in the Balkans sometimes more expensive than in Western Europe? Because in the entire Balkans - there is not a single free floating currency. ALL Balkan currencies are either pegged to the EUR or tightly managed against the EUR. 💶 🇪🇺 Locals think in terms of EUR and not their local currency when it comes to anything more expensive than grocery shopping. It's not like this in Central Europe. Hungarians, Poles and Czechs mainly think in terms of their local currencies. The cost of pegging your currency with the EUR is give up on monetary freedom 👇 1. Your currency becomes artificially strong, which hurts your local producer's export competitiveness whilst encouraging foreign imports. Balkan wages are lower but tradeable goods prices converge to Western levels because the exchange rate is not allowed to depreciate. With this chocolate bar example, on Polish or Czech supermarket shelves, there are much more domestically produced chocolate options than in the Balkans. 2. Can't cut rates to stimulate during recession (or you will face a carry trade attack) 3. Government can't inflate away debt as easily It's very difficult for the Balkans to reverse course now. Romania is the most redeemable case in the region, as the currency is managed rather than pegged. The central bank can still allow the RON to gradually depreciate as they have done over the years, whilst compensating investors with higher yields. It's good that in Poland, Hungary and Czechia - public support for Euro adoption is increasingly low!

🚨 China's Real Estate Market has erased all gains from the last 20 years

Rangers from 3rd Battalion, 75th Ranger Regiment (3/75). Bagram Airfield, 2015.

Footage shows Israel's Ben Gurion Airport being filled with American KC-46 and KC-135 refueling aircrafts.

Tyler Maroney said one thing quickly became clear when they were investigating the identity of Bitcoin's creator for the Finding Satoshi documentary: they wouldn't get intel if they featured Faketoshi in their film. "At one point, people at this conference said, "I'll talk to you as long as you can confirm to me that Craig Wright is not one of your candidates." Because they felt very much, I realized, like Satoshi was one of their own." Watch on for the full segment of our interview with PI Tyler Maroney and journalist William Cohan as they share their findings from the Finding Satoshi documentary.

🤯A Ukrainian officer spent 343 days on the front lines without rotation. CNN reports on the story of 37-year-old Ukrainian Ground Forces infantry officer Oleksii, callsign "Botanik." He served in the Zaporizhzhia direction for almost a year, from April 1, 2025, to March 8, 2026. The publication states that he stayed on the front voluntarily due to a shortage of personnel in his unit: "There are not enough people in my company, and about half of the soldiers are over 50 years old. Ideally, it's one month on the position, one month of recovery, but right now that is unrealistic." After 343 days, he was given a short leave. He celebrated his daughter's 10th birthday, taught her to ride a bicycle, and then returned to his unit.

I have a feeling that zelensky will not get his €90 billion loan. Europeans are retarded, but not to that extend…

Question for people who own a car and also regularly cycle: Why do you cycle if you have a car?