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Madelon Vos wrote that entrepreneurs, according to the CEO of DSM, needed a reliable government, but did not get one. She stated that Dutch politics trivialized the effects of the income tax in box 2 and the high rates in box 3, and that this policy severely affected entire sectors, including the Dutch crypto and precious metals sector with more than two million investors. Vos wrote that investors had to keep track of their real returns themselves, while some banks and brokers could not provide that data and the Tax Authority had not yet verified the calculations. According to her, investors would want to deduct inflation, transaction costs, currency costs, and subscription costs from that calculation. She also reported that the man who had been at the basis of the law had since advocated for the withdrawal of the amendment and the law and for a new piece of legislation. Furthermore, Vos pointed to the rising interest rates in France and the possible consequences of that for the Netherlands. She wondered if war was looming and wrote that the Netherlands was increasing pressure on Russia. https://t.co/X4T4ze43tV #ondernemen #beleggen #politiek (translated)

Furkan Yildirim wrote that the US Treasury could auction fewer long-term government bonds as early as November and possibly discontinue the 20-year term altogether. According to Yildirim, Citigroup expects Secretary of the Treasury Scott Bessent to announce a $3 billion reduction in auctions for 20- and 30-year bonds each on November 4. The financing gap is to be closed with government securities maturing within a year at the latest. The department may also ask large banks next week whether pension funds now prefer bonds from Amazon, Meta, and Alphabet to those of the state. The 20-year bond was reintroduced in 2020 after a 34-year hiatus and now offers nearly 5.7 percent interest, more than any other US maturity. At the end of 2020, its yield was just under 1.5 percent. At the same time, Alphabet, Amazon, Meta, Microsoft, Oracle, and SpaceX had already issued dollar bonds amounting to more than $180 billion in 2026; according to Yildirim, Amazon's bonds extend to 2076. According to asset manager TwentyFour, which Yildirim cited, Japanese investors are now receiving enough interest at home to invest their money there. Citi strategist Jason Williams wrote that pension funds may currently be more inclined than usual to invest in long-term corporate bonds of good quality. However, BNP Paribas strategists doubted that smaller auctions would reduce the government's financing costs. Yildirim also pointed out that the yield on 10-year US bonds serves as a basis for mortgages and many other loans, and Bessent had referred to it as an important measure of his success. With an annual deficit of nearly $2 trillion, the debt burden continues to grow as competition for long-term buyers increases. #Finanzen #Anleihen #Wirtschaft (translated)

MR. ESP criticized Hausner and described him as a player at the division 3 level. He spoke very derogatorily about Hausner and demanded that he leave AIK immediately. He also wrote that it had to be enough with Mads, called the Belgian player terrible, and questioned why Wilmer was sitting on the bench, which he described as a joke. #AIK #fotboll #sport (translated)

The author claimed that German banks had acted similarly to BMW for years, but with more serious consequences. People were being excluded from access to banking services because of their affiliation with a party or their opinions. He identified the economic destruction of dissenters as the goal. #Banken #Wirtschaft #Freiheit #DE (translated)

The French major bank Crédit Agricole plans to expand its presence in the German market and double the number of its private customers to two million by the end of 2028 by introducing a comprehensive universal banking offer with digital checking accounts and investments. #CréditAgricole #Bankenmarkt #Deutschland (translated)

Beach Roy wrote that the British population was pleading for a return to the EU at that time, while #Nexit was trending. He argued that a Nexit for the Netherlands as a trading nation would be even more disastrous than for the United Kingdom. According to Roy, one third of the national income comes from exports. He referred to economists from the University of Groningen, who, according to him, expected a total export decrease of approximately 45%, a 43.5% decrease in industrial exports, an 18% decrease in agricultural exports, and about a 2.4% lower national income in the event of a Nexit. He also predicted severe damage for Rotterdam and Schiphol. Furthermore, Roy wrote that converting euros to guilders would make everything more expensive. Banks and asset managers would lose the EU passport that allowed them to operate in the internal market from Amsterdam. According to him, part of those activities had already shifted to the continent after Brexit; a Nexit would reverse that trend. Roy also stated that working, studying, and living in other EU countries would become subject to permits and that the recognition of diplomas and professional qualifications would need to be re-established. He described this as only a part of the consequences and used derogatory terms for advocates of a Nexit. #Nexit #EU #Nederland (translated)

Manaf Hassan criticized the closeness of Federal Constitutional Court President Stephan Harbarth to the political leadership. A photo from the weekend in Bremen shows Harbarth at the state ceremony for the Day of German Unity directly next to leading politicians, he wrote. The court president must stand for the separation of powers, but had previously served as a CDU member of the Bundestag, a member of the CDU federal executive, and as deputy chairman of the CDU/CSU faction in the Bundestag. Harbarth had switched from the faction leadership to the Federal Constitutional Court in November 2018 and was elected vice president the day after his election as a judge. About a year and a half later, he became president. Hassan described it as unusual that Harbarth reached the head of the court without prior judicial activity in Karlsruhe. Before that, Harbarth had worked as a partner in a law firm that split from Shearman & Sterling in 2008, becoming SZA Schilling, Zutt & Anschütz. Until 2004, Hanno Berger also worked there in Frankfurt on tax law. Berger is considered a central developer of the Cum-Ex transactions, in which banks and investors received refunds for capital gains tax that they had never paid. Experts estimate the damage, according to Hassan, at a double-digit billion amount. Berger later advised, among others, the Hamburg Warburg Bank and has since been legally convicted. Harbarth worked during those years in the Mannheim office of the law firm; what he knew about Berger's activities remains unclear, Hassan wrote. Additionally, Hassan referred to decisions and proceedings at the Federal Constitutional Court: The First Senate under Harbarth's chairmanship had examined and largely approved central Corona measures in 2021. In the Second Senate, there has been a complaint regarding the election review from BSW for almost two years, which wants to achieve a recount of the federal election and entry into the Bundestag. If BSW were to enter Parliament retroactively, the black-red coalition would lose its own majority, according to Hassan. He asked how Harbarth could be at the head of the court while also publicly standing next to the government, whose actions the court should control. #Bremen #Bundesverfassungsgericht #Politik (translated)

Hester Bais wrote that Guy Verhofstadt became a commissioner at APG in 2008 together with Paul Rosenmöller. According to her, APG, together with PGGM, set up a collateral structure from 2009, using EUR 200 billion in pension funds to rescue banks. Bais stated that ABN, Rabobank, and ING together had a collateral shortfall of EUR 200 billion. #pensioengeld #banken #financiën (translated)

Florian Warweg referred to an exclusive article that explored the question of why German retirees in Russia have been having 200 euros deducted from their monthly payments since 2026, even though they are still alive. The article includes statements from an affected individual, legal background information, explanations from the banks, as well as a submission from the federal government that Warweg described as questionable and cynical. https://t.co/mInI7E1sPP #Deutschland #Rente #Finanzen (translated)

Jens wrote that in 2014 he saw Ken Sema play for Ljungskile in Superettan and then told a friend that Sema could go far. Twelve years later, Sema was sitting on the bench for the Swedish national team, according to Jens. https://t.co/ahh2l6Ncyh #fotboll #Sverige #KenSema (translated)

The VVD destroys the crypto and precious metals sector. The cabinet pushes investors in gold & bitcoin towards ETFs at banks and brokers. At the expense of entrepreneurs in crypto and precious metals. "It's just until 2030" as a sweetener. No guarantee that this will succeed. https://t.co/35VrLYRI7U #crypto #goud #beleggers (translated)

Many status holders but also asylum seekers have their own assets in their country of origin or elsewhere. They literally walk around with bank cards and credit cards from banks elsewhere in the world and often own land, a business, or a home in their country of origin. And yet they don’t get any control over this here. Not during the asylum application and not with the social services when they report there as status holders. So they are laughing off of 2 wallets. And who can blame them? No social worker makes an effort to investigate their assets. No law has been made in which they are required to provide insight and first take care of themselves with their own money. No, everything that can be collected is taken from the working Dutch. Even a small amount of savings of a few thousand euros must be surrendered to @D66 @cdavandaag @VVD and @progressiefned. #asielzoekers #statushouders #maatschappij (translated)