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Christian Odendahl @codendahl.bsky.social · 7m

You could also say that the anomaly of Germany maintaining a high industry share despite its rising GDP level is now probably over and the country will continue where it left off back then.

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Christian Odendahl @codendahl.bsky.social · 12m

The German industrial boom, that started in 2005 when Angela Merkel took the reins (that was a coinicidence, she had nothing to do with it), is now officially over. www.ft.com/content/745f...

German industrial output falls to 2005 levels as auto sector craters

Weak August data raises risk of Eurozone’s biggest economy falling back into technical recession

www.ft.com

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Reposted by Christian Odendahl

Sam Freedman @samfr.bsky.social · 36m

Maybe by the time we rejoin we'll be poor enough to get some of that action.

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Christian Odendahl @codendahl.bsky.social · 32m

Du meinst Pirelli?

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Reposted by Christian Odendahl

Chibdm @chibdm.bsky.social · 1d

Robin Williams' daughter has some quality thoughts on AI slop

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Christian Odendahl @codendahl.bsky.social · 42m

It is! 😄

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Christian Odendahl @codendahl.bsky.social · 1h

Got it.

Christian Odendahl @codendahl.bsky.social · 1h

Local guides. So important.

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Reposted by Christian Odendahl

CSbungo @csbungo.bsky.social · 2h

Helpfully I explained to some pointing tourists that Glaswegians had much longer legs back in the day

Mackintosh house up at Glasgow Uni. The front door is several feet off the ground with access being via the adjoining Hunterian

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Christian Odendahl @codendahl.bsky.social · 1h

No, just that the economics has to add up at the end of it all.

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Christian Odendahl @codendahl.bsky.social · 1h

Ha! Well, so do you.

Christian Odendahl @codendahl.bsky.social · 1h

Yeah, that's right. But the economics also has to add up. Who is going to spend then, if not consumers?

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Christian Odendahl @codendahl.bsky.social · 1h

Compared to the rest of Europe, though, household savings rate in FIN is roughly steady. 12/13% before pandemic, and now. It has increased a bit as of late, maybe to a record, but doesn't seem to be the structural shift that we see elsewhere.

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Christian Odendahl @codendahl.bsky.social · 1h

I was just reading up on that, thanks for confirming.

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Christian Odendahl @codendahl.bsky.social · 1h

Ha! I didn't sleep, at least not in international macro where it all had to add up.

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Christian Odendahl @codendahl.bsky.social · 1h

Oh no, this is just a macroeconomic observation that too much national savings and too little investment either create massive capital exports that the world cannot/will not absorb OR create a depressed economy / very low interest rates.

The policies of how to get out of it are tricky.

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Christian Odendahl @codendahl.bsky.social · 1h

Yes, indeed. There is an economic debate around whether ageing at *some point* leads to lower savings rates as old people spend their wealth, but the process of ageing that we are in almost certainly boosts savings.

Then again, the shift post-pandemic is quite noticeable.

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Christian Odendahl @codendahl.bsky.social · 1h

This needs to change. A 15.4% household savings rate is too high.

(Yes, looking at you, Germany, at 19.2%! Though Poland, from around 5% pre-pandemic to now 10%, is also remarkable.)

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Alan Beattie @alanbeattie.bsky.social · 1d

Henceforth the red robes will only be worn as an away kit when the Canadian Supreme Court is playing the US one.

Pwnallthethings @pwnallthethings.bsky.social · 1d

Tragic news from Canada where the Canadian Supreme Court has gone from the official dress on the left to the one on the right

Canadian Supreme court. Everyone is dressed in bright red wooly gowns, with a beige trim. It looks sort of like a Santa robe

The Canadian Supreme court. Everyone is dressed in black gowns with a bright white kravat, and two thin red vertical lines on the side of the robe

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Christian Odendahl @codendahl.bsky.social · 18h

True.

Christian Odendahl @codendahl.bsky.social · 19h

As #France is without government once more, it is worth remembering that its total bilateral support for #Ukraine is less than that of Sweden, Denmark and the Netherlands.

Not combined. Individually, and in €bn not % of GDP.

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Christian Odendahl @codendahl.bsky.social · 21h

"Land without flags"

German author Gabriele Tergit, who fled to Czechia, Palestine then London in 1938, writes in 1947 about the absence of flags in the UK. www.tagesspiegel.de/berlin/land-...

„Land ohne Fahnen“: Gabriele Tergit aus London für den Tagesspiegel

Am 27 April 1947 erschien dieses Feuilleton von Gabriele Tergit im Tagesspiegel. Die Schriftstellerin und Journalistin schrieb vergleichend über Großbritannien und Deutschland. Hier mit Blick aufs Mil...

www.tagesspiegel.de

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Reposted by Christian Odendahl

UkraineWorld @ukraineworld.bsky.social · 21h

Milrem Robotics, the world's leading developer of robotics systems, will deliver over 150 THeMIS Unmanned Ground Vehicles (UGVs) to Ukraine, funded and coordinated by Netherlands
These new units will join the 15 vehicles that have been successfully operated in Ukraine since 2022.
📷Milrem Robotics

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Reposted by Christian Odendahl

Internationale Politik Quarterly @ipq.bsky.social · 22h

The parties in Germany’s coalition government have made an effort to get along better, but have so far failed to come up with the new security and economic policy approaches that the country needs, @henninghoff.bsky.social writes in the latest Berlin Cable.

ip-quarterly.com/en/germanys-...

Germany’s Government Lacks New Ideas, and It Shows

The Christian Democrats and Social Democrats of Chancellor Friedrich Merz’ coalition government have made an effort to get along better. So far, however, they have failed to come up with the new appro...

ip-quarterly.com

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Reposted by Christian Odendahl

Nick Hedley @nickhedley.bsky.social · 1d

Global electricity generation from fossil fuels declines amid solar surge

theprogressplaybook.com/2025/10/07/g...

Global electricity generation from fossil fuels declines amid solar surge

The share of renewables in the global electricity mix climbed to 34.3% in the first half of 2025, eclipsing coal (33.1%).

theprogressplaybook.com

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