EU Infighting: Merkel and Tusk Attack Juncker for Sabotaging Brexit Negotiations; Choice Quotes

MishTalk

EC vs EC

Donald Tusk, president of the European Council went after Jean-Claude Juncker, president of the European Commission for Juncker’s leak of his dinner meeting with UK prime minister Theresa May.

Following ill-fated dinner meeting, Juncker phoned Angela Merkel “Theresa May Lives in a Different Galaxy”. Someone, presumably Juncker’s chief of staff, Martin Selmayr, leaked the results of the dinner meeting and Juncker’s phone call to the German press.

Since then, Juncker stated, “Brexit will never be a success”.  In a Speech on Friday, delivered in French, Juncker also stated the “English language is losing importance”. Finally, Juncker stated he will not spend more than 30 minutes a week dealing with Brexit.

As a result of his antics, Tusk and Merker both laid into Jucker.

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Earth Overshoot: How Sustainable is Population Growth?

MishTalk

For decades people have been predicting overpopulation would wipe out energy resources if not the entire planet. Every year the population bomb and peak oil crowd have been proven wrong. But how long can the status quo of generating growth by population explosion last?

Every year the population bomb and peak oil crowd have been proven wrong. But how long can the status quo of generating growth by population explosion last?

Reader Rick Mills at Ahead of the Herd addresses the subject in a guest blog that first appeared on his blog as Earth Overshoot Day.

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Tracking GDPNow Forecasts vs. Reality: What About that Initial 2nd Quarter Estimate?

MishTalk

On May 1, the GDPNow Model came up with an initial forecast of 4.3% for second quarter GDP.

My first reaction was “here we go again”. That was quickly followed by “I’ll take the under, way under” bet.

Let’s take a look at the latest forecast, why I think the model is wrong, and some interesting charts of GDPNow forecasts vs what actually happened.

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Your payment system may be costing you between $8,000 and $20,000 a year in wasted labor.

How? Let me summarize. At an average (including payroll taxes, workman’s comp, disability, etc…) let’s say you’re paying $20 an hour for office help. Our system would save you between 8 and 20 hours a week in labor. That labor savings would come from a dozen’s areas including. No longer having to do end of... Continue Reading →

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