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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)

Mrs. Ludmila was deceived by her personal banker from ČSOB, who manipulated her into handing over hundreds of thousands of crowns on the pretext of a family crisis, but the bank refused to take responsibility and denied any financial compensation. #podvod #bankovnictví #ČSOB (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)

YB Södermalm warned of a scam where callers claimed to represent various banks and their identity theft department. According to the post, those who answered were urged to follow instructions and enter information to avoid being identity stolen. YB Södermalm also urged people to continue warning the elderly and stated that banks do not call customers unannounced. #bedrägeri #IDkapning #säkerhet (translated)

"I believe that the European Central Bank should not intervene under current circumstances." The GOVERNOR of the French central bank, Emmanuel Moulin, assessed the economic situation in France as serious but stated that the country does not currently need assistance from the European Central Bank. #francuska #deficit #proračun (translated)