Like I forecast, UniCredit increased its stake in Commerzbank even more. Today the bank acquired derivatives to collect an additional 11.5% of Commerzbank shares, while the attention of the minister of the economy, Robert Habeck, is fully absorbed by the car industry’s emergency meeting (another self-inflicted drama). UniCredit outmaneuvers the German government left and right.
Great analysis. Habeck has shown countless times that he is missing the big picture stuff. I agree that Mercedes is the biggest candidate for a takeover. You just need some institutional investors to sell their stake and “d Käs isch butzt” as the Swabian’s used to say.
Interestingly the modern post Mao China is an economic Frankenstein created by the West. From the 70’s through to today western companies couldn’t pour money, technology and industrial infrastructure into China fast enough. It was the perfect culmination of cheap labor and a huge potential market. Unfortunately the Chinese had other ideas about how capitalism with socialist characteristics worked. As someone who lived there and worked in an Anglo/Chinese joint venture, you learned early that in China a contract just gave you exclusive rights to continuously negotiate terms. I have seen few more hard core Laissez-faire capitalist than economic zone Chinese businessmen, which is why until the ascendancy of Xi, they were so successful.
Thanks for the very nice article. As a French who owns a few shares of VW, Renault and Peugeot Invest (not very good investments so far, fortunately small part of my portfolio), I'm curious to see if our leaders will ever wake up.
Like I forecast, UniCredit increased its stake in Commerzbank even more. Today the bank acquired derivatives to collect an additional 11.5% of Commerzbank shares, while the attention of the minister of the economy, Robert Habeck, is fully absorbed by the car industry’s emergency meeting (another self-inflicted drama). UniCredit outmaneuvers the German government left and right.
Great analysis. Habeck has shown countless times that he is missing the big picture stuff. I agree that Mercedes is the biggest candidate for a takeover. You just need some institutional investors to sell their stake and “d Käs isch butzt” as the Swabian’s used to say.
Interestingly the modern post Mao China is an economic Frankenstein created by the West. From the 70’s through to today western companies couldn’t pour money, technology and industrial infrastructure into China fast enough. It was the perfect culmination of cheap labor and a huge potential market. Unfortunately the Chinese had other ideas about how capitalism with socialist characteristics worked. As someone who lived there and worked in an Anglo/Chinese joint venture, you learned early that in China a contract just gave you exclusive rights to continuously negotiate terms. I have seen few more hard core Laissez-faire capitalist than economic zone Chinese businessmen, which is why until the ascendancy of Xi, they were so successful.
many thanks for that insight, very interesting!
Thanks for the very nice article. As a French who owns a few shares of VW, Renault and Peugeot Invest (not very good investments so far, fortunately small part of my portfolio), I'm curious to see if our leaders will ever wake up.
Excellent work!
Many thanks!
Mr. Habeck is still busy suing the people that said something that he finds insulting.
And how to control “freedom of speech” on the internet.
pathetic!
https://open.substack.com/pub/eugyppius/p/schwachkopf?r=yg7j2&utm_medium=ios