"This year may go down in history as a turning-point when the world finally woke up to the dark side of the ubiquitous presence of popular Silicon Valley companies in our daily lives. One can only hope so, at least. "
"50% of the African youth is younger than 25... a treasure trove for the global companies to reap known as the 'demographic dividend'... If they cannot capitalize on them in Africa, they have to bring them to Europe, as we see happening now. The current migration process which goes by the name of crisis is engineered and promoted by an influential lobby."
It's a risk-on mood around the world, as China makes an unexpected trade concession by slashing auto import tariffs to 15%, while the Italian bond rout is taking a break, leading to a sharp rebound in the euro as the dollar slides.
"Between its current operations, anticipated new product spend, and incremental capacity additions, we see Tesla potentially requiring over $10bn in external capital raises and debt re-financing by 2020"