Orbiter99 retweeted
In case you have any doubts about the future of the #euro.
Germany Explores Stealing Properties from Landlords in Berlin and Paying them Below Market Prices, Bonds Crater (this is the end of Berlin as we know it)
EUROPE IS DOOMED BEYOND BELIEF IF THIS PASSES
On Saturday Die Linke (German Left Party), Greens and SPD in Berlin presented the exploratory paper underpinning their coalition agreement.
It envisages socialising, under Art. 15 of the German constitution (GG), private landlords' Berlin stock above 10k units per company.
On documented counts that is ~152k units: Vonovia 128k, Heimstaden 10k, Adler 7.4k, Covivio 7k.
Compensation is capped at €16bn, about €105k per unit or 58% of book on a pro rata basis, and even the cap is conditional on fiscal sustainability, i.e. it can fall if financing conditions worsen.
The paper commits only to a 2027 financing concept; whether that means cash or 100-year bond compensation is left open. The bill reaches the Berlin parliament in mid-2028 and takes effect for transfers one year after promulgation, so mid-2029 at the earliest.
- Adler exposure: Adler has got 7.4k units above the 10k unit cap, ie its yielding portfolio is exposed by
~43%. At the cap Adler would receive €105k per unit on a flat split or closer to €115k pro rata to book, i.e. €777m to €860m against €1.49bn of book - a 42% to 48% discount to book. The implied GRI yield/cap rate at the cap is ~7.0%.
- Heimstaden exposure: Heimstaden has more than 20k units in Berlin so ~10k units above the 10k allowance are exposed. That's 6% of group total. By value the exposed share will be a tad higher given the German book has higher values per unit vs group.
Beyond Art. 15, the exploratory paper explicitly names Adler's Steglitzer Kreisel as its example of a "speculative construction ruin" (Bauspekulations-Ruine): it will sanction inactivity on such sites, expects completion "often only after insolvency proceedings", and will use "transfer of ownership" (Eigentumsübertragung).
Moreover, a rent regulator (Mietenaufsicht) starts in 2027, handling rent overcharging (§ 5 WiStG, rents more than 20% above the local reference rent) and running a rent and housing register from 2028, with a new rent-usury (Mietwucher) unit at the public prosecutor's office alongside it.
gruene.berlin/fileadmin/user…
Orbiter99 retweeted
BREAKING: Heavy Israeli fighter jet activity has been tracked over the Syrian-Iraqi border tonight, with IAF aircraft flying simulated attack runs to keep Iranian air defenses on high alert and make it harder for Tehran to distinguish training from a real strike package.
The flights mirror the exact pattern of activity observed in the days before the previous two wars, with the Israeli Air Force carrying out sorties over Iraq and Syria almost every night since last week. This sustained traffic forces Iran's air defense network to constantly activate radars and scramble interceptors, creating a "cry wolf" effect designed to mask the true launch of an offensive.
Orbiter99 retweeted
Jensen traces Taiwan's chip dominance back to an unlikely source: Philips, the Dutch consumer electronics giant he calls "the GE of Europe."
Philips, he says, is "the parent company that spun the fab that became TSMC, and spun off the semiconductor manufacturing equipment that became ASML."
The seed was planted in the 1950s by K.T. Li, who set out to bring science and technology manufacturing to Taiwan and lured Philips over. Then came perfect timing with the PC revolution: IBM opened the specs for IBM compatible chipsets, and Taiwanese engineers took that open spec and designed the chipsets "manufactured at TSMC and UMC." That is what made the PC industry possible.
A young Michael Dell just "bought motherboards from Taiwan, assembled them into a PC," and became a PC maker.
Jensen Huang on Lex Fridman
Orbiter99 retweeted
This sounds like a dystopian nightmare. I do not want to live off of handouts from my Big Tech overlords. The fact that anyone sees this as some heavenly vision of the future is extremely depressing. Some people (most?) just simply do not want freedom or autonomy. They do not have ambition of any kind. For ambitious, independent minded people, this fact is very hard to absorb.
2 years from now you will not work you and will not worry about money
you will get your cash payments from from all the major AI labs
think of it like 3-5 companies giving you a thousand dollar check every week
Readers added context they thought people might want to know
No major AI labs have announced or committed to universal $1000 weekly cash payments or an end to work/money concerns by 2028. Discussions involve speculative proposals and limited small-scale pilots, not firm company plans.
telegraph.co.uk/business/2026/…
businessinsider.com/sam-altman-ubi…
bloodinthemachine.com/p/the-first-ba…
cdn.openai.com/pdf/561e7512-2…
Orbiter99 retweeted
The war is officially back.
America is bombing the hell out of Iran now.
Multiple explosions are going off in Sistan and Baluchestan Province.
Two Iranian personnel are now fighting for their lives.
The IRGC will most likely carry out retaliatory strikes across the Middle East in the next 48 hours.
Several countries have warned their citizens to stay indoors across the Middle East.
Embassies are now warning citizens to prepare for possible airport shutdowns.
Things are about to get brutal.
Orbiter99 retweeted
My electricity bill for my primary residence was 24% higher in Oct. 2026 than it was in Oct. 2025. It's the same house with all the same appliances. This isn't what happens in an economy where the inflation rate is anywhere near 2%. That's just one bill. They're all going way up.
Orbiter99 retweeted
US and China's combined money supply is approaching COVID levels...
Anyone remember what happened to inflation after COVID? It peaked at 9%.
But...what was bad for citizens was good for the government.
US debt to GDP plunged from 132% to 115%.
As Trump said, you can reduce the debt rapidly through inflation.
We don't own enough hard assets for what's coming.
Orbiter99 retweeted
Communism, Berlin Edition: Adler Bonds Crash To Record Low As Left Coalition Plans To Socialize 152,000 Apartments zerohedge.com/political/comm…
Orbiter99 retweeted
Et maintenant qu’on sait que la personne qui fait l’apologie du viol et des violences physiques est employée par @UnivRennes_2, j’aimerais savoir quelles sont les sanctions prévues à son encontre pour le non respect de l’obligation de réserve des agents publics ?
Orbiter99 retweeted
1/ Pourquoi les intellectuels détestent-ils le capitalisme ?
Schumpeter avait la réponse dès 1942. Et elle n'a rien à voir avec les « injustices du marché ».
2/ Sa thèse : le capitalisme est le seul système qui, par sa propre logique, « crée, éduque et subventionne un intérêt acquis à l'agitation sociale ».
Il fabrique lui-même ses critiques.
3/ L'intellectuel, c'est celui qui manie la parole et l'écrit sans responsabilité directe dans les affaires pratiques.
Donc sans l'expérience de terrain. Et son principal levier d'existence, c'est sa capacité de nuisance.
4/ Le capitalisme ne peut pas le faire taire. La bourgeoisie le protège, car « la liberté qu'elle désapprouve ne peut être écrasée sans écraser celle qu'elle approuve ».
Seul un régime socialiste ou fasciste en est capable.
5/ Le coup de génie : la massification universitaire produit des diplômés en surnombre, déclassés, « psychiquement inemployables » dans les métiers manuels.
Mécontentement → ressentiment → critique sociale.
6/ D'où le paradoxe : l'hostilité au capitalisme AUGMENTE avec chacun de ses succès.
Plus il enrichit, plus il forme de diplômés, plus il nourrit ceux qui veulent l'abattre.
7/ Et leur indignation ? Une rationalisation.
Croire qu'elle découle logiquement des faits, dit Schumpeter, c'est comme croire que l'amour d'un amoureux se déduit logiquement des vertus de l'aimée.
8/ Le capitalisme ne meurt pas de ses échecs. Il meurt de ses succès.
Orbiter99 retweeted
One reason why multiculturalism failed is its shallow interpretation of culture.
Culture isn’t curry and clothes.
Culture is values, worldview, history, ideas, religion, rules, beliefs, norms, laws, traditions, language, the ingrained habits and instincts of a hundred generations.
Different cultures = different peoples
Orbiter99 retweeted
A striking contrast on the streets of Paris: A couple sits sipping drinks at an outdoor café as flames burn just steps away.
The moment was captured Saturday near the Arc de Triomphe, on the outskirts of rioting that erupted during demonstrations over rising prices, inequality and public spending.
Video shows the pair continuing their conversation as a burning trash bin lights up the background.
Orbiter99 retweeted
Marie Choquet, commerçante à Lyon
"quand j'ai vu les pillages sur les caméras de videodurveillance, j'ai appelé la police.
Reponse : "NOUS AVONS ORDRE DE NE PAS INTERVENIR"
Ayant repéré les pilleurs, réponse de la police "ORDRE DE NE PAS INTERVENIR"
Qui n'a toujours pas compris ?
Orbiter99 retweeted
Israel has now set its sights on Albania as heavily armed Israeli backed troops have taken hold of central Tirana.
Albania’s government, accused of aligning itself with Israeli interests, is putting military forces on the streets as Albanian citizens clash back.
Multiple U.S. helicopters have reportedly been spotted heading toward Berat.
Orbiter99 retweeted
🇫🇷 Il s’appelle Pierre. Gérant d’un Micromania sur l’avenue Jean-Médecin à Nice, il a tenté, seul, de protéger sa boutique des pilleurs en marge de la mobilisation du 17 octobre.
Les images de son agression, un violent coup de pied par-derrière qui le met à terre, puis des projectiles ont fait le tour des réseaux et provoqué une vague de soutien.
Aujourd’hui, il donne de ses nouvelles via une story Instagram. Il remercie sincèrement toutes les personnes qui lui ont écrit ou sont venues le voir en personne :
« Merci beaucoup. Mon équipe et moi, on est très touchés. »
Il alerte aussi sur les nombreuses fausses cagnottes lancées à son nom sans qu’il en soit informé ni qu’il les ait autorisées, et invite chacun à rester vigilant pour ne pas se faire arnaquer.
Un commerçant ordinaire qui a simplement voulu défendre son outil de travail face à la violence.
Un ❤️ pour ce héros ‼️
Orbiter99 retweeted
The hero we didn't know we needed these past few days. 🦸♂️🔥
Absolute legend.
Haters will say it's AI. 💀😂
Orbiter99 retweeted
Francia está perdida. Suecia está perdida. Alemania está perdida. Ya no es reversible porque hay una generación de musulmanes que han ocupado las instituciones y espacios públicos. Cuando el Islam entra en la política, las sociedades se islamizan y los Estados se pudren.
Orbiter99 retweeted
Chère France & Europe, Traitez vos pays comme vos foyers et vos citoyens comme vos enfants. Protégez-les à tout prix. Interdisez les Frères musulmans. Si les immigrés islamistes illégaux d’hier ne se comportent pas aujourd’hui comme des citoyens pacifiques et pillent votre économie, nuisent à la réputation de Paris et menacent la sécurité de vos enfants, ne les arrêtez pas pour ensuite commencer à dépenser de l’argent afin de les maintenir en prison. Non, EXPULSEZ-LES.
Et ne parlez pas de droits et de lois si ces droits et ces lois ne protègent pas votre foyer et votre nation. Changez-les.
Gardez vos rues à l’abri du mal.
Orbiter99 retweeted
Nigdy w życiu nie zatrudniłbym do naprawy sprzętu AGD, samochodu, czy dachu na domu kogoś bez doświadczenia, minimalnego, praktyka, fachowca z wiedzą i praktyką w zawodzie. Nie znam zdrowego na umyśle człowieka, który by to zrobił. Dlaczego miałbym zatrudnić Bosaka do naprawy państwa? Co on potrafi oprócz pieprzenia populistycznych farmazonów? Połóż mi stary swoje CV na biurko... Żyjesz od 20 lat z publicznych pieniędzy. Ustawiłeś się w tej kadencji wyjątkowo korzystnie i każdy ruch pchający cię wyżej bądź niżej jest dla twojego statusu majątkowego niebezpieczny. W ogóle jesteś dla mnie jak ten anonim z komentarzy od "kto to tak panu spierdolił", piszący ze swojej wypierdzianej kanapy. Ileż można lansować tego nieroba? Typ jest z partii, która ma kłopot ze złożeniem prawidłowego sprawozdania finansowego, czy zebrania minimalnej ilości podpisów by wziąć udział w wyborach na prezydenta miasta... obsmarkani fachowcy od nabijania własnej kabsy
🗣️ @krzysztofbosak : „Ciężko jest tworzyć jakąkolwiek długofalową strategię z ludźmi, którzy ani tego nie chcą, ani nie rozumieją (…). Potrzebna jest bardzo duża wymiana kadr w polskiej polityce. Większość przywództwa obecnych partii parlamentarnych trzeba wysłać na polityczną emeryturę”. ⤵️
#PoranneRozmowyZero