The Macro Butler
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The Macro Butler aims to deliver concise yet comprehensive macroeconomic insights that impact global and regional markets. We analyze key indicators, trends to provide actionable & timely investment recommendations to all kind of investors.
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As the Ministry of Democratic Liberation would remind us: this is not an ultimatum issued from a position of diminishing ammunition — it is simply the natural conclusion of a peace process conducted entirely through airstrikes.
In a historic gathering at Trump National Doral Club — because nothing says multilateral diplomacy quite like hosting a military coalition announcement at your own golf resort — the Chairman of the Board of Peace welcomed his carefully curated collection of right-wing Latin American allies to launch the Americas Counter Cartel Coalition, a brand new military partnership that will leverage missiles against drug cartels in the Western Hemisphere. The summit, grandly titled the Shield of the Americas, notably excluded Brazil, Colombia, and Mexico — the three largest Latin American economies and, coincidentally, the three most relevant to any serious counter-narcotics effort — because "like-minded allies" is diplomatic language for "governments that agree with us."

https://x.com/POTUS/status/2030308939707883682
The Warmonger in Chief, reflecting on previous administrations' foreign policy failures, observed that "they went to these faraway places where they weren't even wanted" — a comment delivered with magnificent self-awareness by a man currently bombing Iran while hosting a cartel summit at his Miami golf club.
Wonder woman Kristi, freshly fired from the Department of Homeland Security where she discovered secret spy rooms and financed a ‘Cowgirl Hollywood campaign to Make Homeland Sexy Again’ , has been appointed Special Envoy for the Shield of the Americas — because if anyone understands hidden threats operating beneath the surface of official institutions, it is her.

https://www.youtube.com/watch?v=hEA3sk2HXnM
As the Ministry of Hemispheric Peace would remind us: this is not the militarisation of Latin America — it is simply incredible things being done together
As Warmonger Cheeney once promised Iraq would be over in weeks, today The Warmonger In Chief deploys identical confidence about Operation Epic Fury in Persia as ‘a minor excursion’— apparently unaware that the imperial playbook's most reliable chapter is the one where every such assurance ages catastrophically. For the record ‘Warmonger Bush’ stood beneath his "Mission Accomplished" banner on May 1, 2003, declared major combat operations over, and American soldiers were still dying eight years later in service of the plutocrats who ordered the invasion

https://www.youtube.com/watch?v=iVxqUe9SEgw
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In a display of presidential empathy that will surely resonate with every American filling their tank at $3.5 a gallon, Donald Copperfield — fresh from describing the bombing of a nation of 90 million people as a "minor excursion" — has now reassured the public that surging oil prices are merely "a very small price to pay." A very small price, naturally, paid exclusively by the American consumer, the trucking industry, the airline sector, and anyone who heats their home with oil, while the architects of Operation Epic Fury pay nothing whatsoever. The magic trick, executed with characteristic “The Manipulator In Chief’ flair, involves making the distinction between who orders the excursion and who pays for it disappear entirely from public consciousness.
MIGA — Make Israel Great Always — marches forward, the Strait of Hormuz remains closed, gasoline prices climb toward levels last seen during peak pandemic chaos, and the American public is invited to consider this a patriotic contribution rather than an involuntary tax.
As Confucius might observe: "The leader who calls someone else's sacrifice a very small price has never paid it himself."
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Even before the price of energy stirs, even the Middle Kingdom feels the ripple. In China, consumer inflation quietly accelerated to 1.3% in February, the fastest pace in more than three years, helped by a lively Lunar New Year spending spree. Factory deflation also softened, with producer prices falling less sharply, while core inflation rose to 1.8%, the highest since 2019. The lesson is simple: when households celebrate, prices tend to follow. Yet the People’s Bank of China remains cautious, aware that rising oil prices may bring further inflation while external turbulence threatens to spill into domestic markets. Still, after several years of stubborn deflation, one month of festive spending does not change the deeper story—much like a grand banquet during the New Year does not mean the granaries are suddenly overflowing.
As Master Kong might gently remind the impatient merchant: profits grow not merely from rising costs, but from the noble art of persuading customers to pay them. In China, despite fierce competition and lingering deflation, companies seem to practice this art rather well. The spread between Core CPI and Core PPI has remained positive since August 2022, and in February it reached its widest level since January of the last Jubilee year. In plain terms, consumer prices are proving more resilient than producers’ costs—an encouraging omen for corporate margins. Thus, the wise investor, sipping tea and observing calmly, may conclude that valuations in the Middle Kingdom still have room to stretch their legs.
In a nutshell, in China, a festive Lunar New Year lifted inflation and softened factory deflation, while the widening gap between Core CPI and Core PPI suggests companies are still passing costs to consumers—an encouraging sign that corporate margins, and perhaps valuations, still have room to rise.
In a development that suggests even the architects of Operation Epic Fury are beginning to question the optics of victory laps, the founders of the Board of Peace — those tireless champions of bombing for democracy who assured the world that higher oil prices are a very small price to pay for a minor excursion into Persia — are reportedly skipping a visit to their most cherished ally in the Middle East.

https://t.me/rtnews/139294
Having spent the better part of the past week declaring Epic Fury an unqualified triumph while ammunition stocks quietly depleted, tanker traffic through Hormuz collapsed 90%, gasoline prices climbed toward levels last seen during peak chaos, the Board of Peace has apparently concluded that a victory tour of the region might raise questions they are not yet prepared to answer. As the Ministry of Winning would remind us: this is not an absence of confidence — it is simply strategic scheduling.
As bombs continued to fall across multiple theatres, unity within the “coalition of the willing” around the Ukrainian Cokehead began to show visible cracks. The latest diplomatic clash between Hungary and Ukraine erupted after Hungarian authorities detained several Ukrainian nationals traveling in armoured vehicles allegedly carrying tens of millions in cash and kilograms of gold — a discovery Kyiv promptly described as “state banditism,” while Budapest opened a money-laundering investigation and prepared expulsions.

https://gwaramedia.com/en/kyiv-accuses-hungary-of-state-banditism-after-it-detains-7-bank-workers-over-alleged-money-laundering-budapest-calls-bank-staff-ukrainian-gold-convoy-2/?utm_source=reddit&utm_medium=rd_post&utm_campaign=news_post_mar
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Beneath the diplomatic outrage lies the usual culprit: energy. Hungary and Slovakia remain heavily dependent on crude delivered through the Druzhba pipeline, which has been offline since late January, tightening supplies and raising economic pressure. Budapest has accused Kyiv of conveniently delaying repairs, effectively turning the disruption into an oil blockade, while Kozak Orbán has warned that Hungary will apply political and financial pressure until flows resume. The episode highlights the EU’s increasingly Kafkaesque energy policy: sanction Russian oil while expecting Central European economies—still built around it—to absorb the consequences. In response, Hungary and Slovakia suspended diesel exports to Ukraine and hinted at blocking future EU funding for Kyiv, a reminder that in geopolitics, energy security tends to outrank diplomatic solidarity.

https://www.reuters.com/business/energy/hungary-will-force-ukraine-reopen-key-pipeline-russian-oil-orban-says-2026-03-05/
The dispute quickly became politically explosive. While Eurostan leadership continues to frame the crisis primarily through the lens of the war with Russia, Hungary has approached it through a far simpler metric: energy security. Budapest blocked a €90 billion EU package for Ukraine, arguing that it cannot finance a government whose actions are disrupting Hungary’s economic lifeline. The exchange of public threats between Kyiv and Budapest only underscored the breakdown in diplomatic language. When oil stops flowing, political solidarity tends to evaporate, leaving Brussels to demonstrate whether the “union” functions as a collective alliance — or merely as a collection of governments expected to comply.

https://www.unian.ua/politics/povidomlyu-nomer-orbana-zsu-yakshcho-vin-ne-rozblokuye-kredit-na-90-mlrd-yevro-zelenskiy-13305723.html
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As Confucius observed: "The wise man who seeks to end a theocracy by killing its leader should first inquire who inherits the throne." Less than ten days into Operation Epic Fury, the Zionist coalition's campaign to liberate Persia from its theocrats has accomplished something that 47 years of Islamic Republic governance could not: it has transformed a revolutionary theocracy into a hereditary monarchy, with the son of the Supreme Leader killed in the US-Israeli strikes — elected by the Assembly of Experts in a "decisive vote" that took place hours before anyone was informed. Iran, it appears, overthrew the Pahlavi monarchy in 1979 to eventually institute a Khamenei monarchy in 2026, with the IRGC — that sprawling military-economic empire controlling 40% of Iran's economy — immediately pledging obedience to the new Supreme Leader who is, conveniently, already close to their institutional interests.