🇺🇸🏦 Foreign share of UST T-Bill holdings (green line in top chart) from 50% in 2015 to 23% now.

Foreign share of UST note & bond holdings (green line in bottom chart) from 63% in 2009 to 33% now.

📎 Luke Gromen

🇺🇸📝 In 1985, the defecit in the USSR was 2% of GDP. By 1990, it had climbed to 10%, but Soviet bonds were still rated as strongly as Canadian or Italian bonds. In 1991, despite super majorities in nine of the 15 Republics voting to keep the USSR together under the auspices of the New Union Treaty, the defecit increased to 30% of GDP and the Union collapsed under the weight of mass inflation.

For those wondering where the United States currently is, it’s at about 8% of GDP and that’s without the widely expected Recession hitting yet.

🇵🇸🇮🇱 Dead Israeli cargo

🇮🇱🇵🇸Evening arrivals in the Gaza Strip

🇱🇧🇺🇲🇮🇱 The Lebanese paramilitary group Hezbollah, in response to the deployment of warships of the US and Israeli navies in the Eastern Mediterranean, showed its Noor anti-ship missiles.

🇮🇱🇵🇸 Fresh footage of the work of the Israeli Armed Forces in the Gaza Strip.

🇷🇺🇺🇦 Former soldiers of the Armed Forces of Ukraine take the oath to Russia and will now serve in the Russian Armed Forces.

🇷🇺🇵🇸❗️The evacuation of Russian citizens from the Gaza Strip is expected in the coming days, a diplomatic source told TASS.

“There is reason to believe that in the next day or two, Russians will be evacuated from the Gaza Strip,” the agency’s interlocutor said.

🇩🇪 🏭 📉 Industry Production In Germany Declined In September For The Fourth Time In A Row

💥 Industrial production in Germany fell by 1.4% in September compared to the previous month, the fourth monthly decline in a row, according to government figures released on Tuesday — A decline steeper than analysts had expected.

💥 The average forecast anticipated only a 0.1% decline in September, according to the report from Germany's Federal Statistical Office.

💥 In the third quarter as a whole, industrial production fell by 2.1% compared to the previous quarter.

💥 The decline was felt across the board, with the exception of the construction industry, which stagnated, all sectors recorded declines.

💥 The production of industrial goods and energy production both fell by 1.7%.

💥 German banker, Jens-Oliver Niklasch, remarked that weak domestic demand and an uncertain global economy continue to be a burden on German industry, with things unlikely to improve in the short term.

📎 SOURCE

@the_inf0link

🇮🇱🇺🇦❗️Ukrainian President Vladimir Zelensky postponed his visit to Israel indefinitely, The Times of Israel newspaper reported, citing an Israeli diplomatic source.

Adam Tooze writes that the «special military operation” against the Gaza Strip will plunge the Israeli economy into a severe crisis.
360 thousand reservists have been mobilized - this is 8% of the country’s entire workforce. For comparison: this is as if 6 million people were mobilized in Russia (75 million workforce X 0.08).

“Credit card data suggests that private consumption in Israel has fallen by almost a third. Spending on leisure and entertainment fell by 70%. Tourism, the mainstay of the Israeli economy, has died completely . Flights have been cancelled. Offshore, the Israeli government has ordered Chevron to halt production at the Tamar gas field, costing Israel $200 million a month in lost profits,” Tooze writes.

Adam Tooze uses a simple example to show the Israeli administration's opposite approach to the Gaza Strip towards the West Bank, controlled by collaborationist government led by Abbas.
Under Netanyahu, there has been a very active inclusion of Palestinians from these territories in the Israeli labor market. In 2022, about 200 thousand Palestinians worked in Israel (in 2002 - less than 50 thousand), of which 80 thousand were in construction.

By the way, after the start of the «operation” in Gaza, the Israeli administration blocked access to work for the vast majority of Palestinians from the West Bank, and this is another 5% of the country’s labor market. Many construction projects in Israel will simply stop without Palestinian
workers.
@CIG_telegram

https://t.me/ziglerart/151

🇮🇱🇵🇸❌Israel will not agree to a humanitarian pause in the Gaza Strip until the hostages held in the enclave are released - Israeli Defense Minister Yoav Galant