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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 1d

This reflects well the majority of feedback I got in the note.
Yet, the present state of affairs (community agreements after delays and “bribery” of small hold-outs along with watering down proposals) is not sustainable.
So what’s going to give?
I think it’ll be the community methods.

Sander Tordoir @sandertordoir.bsky.social · 1d

Is the community method on its way out - multi-speed integration coming?

I remain a bit sceptical: a Europe of multiple speeds has been touted for a long time, but in practice the pressures to move with all EU-27 tend to be really high.

The EU enhanced cooperation clause has rarely been used...

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 3d

In today’s Sunday Wrap I argue that this past week saw Berlin and Paris signal a move to more intergovernmental cooperation in the EU’s response to challenges posed by US and Russia. That’s good news.

independenteconomics.substack.com/publish/post...

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 3d

🤣🤣🤣

Christian Odendahl @codendahl.bsky.social · 3d

European federalists be like

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 3d

In today’s Sunday Wrap I argue that this past week saw Berlin and Paris signal a move to more intergovernmental cooperation in the EU’s response to challenges posed by US and Russia. That’s good news.

independenteconomics.substack.com/publish/post...

Sign in to Sunday Wrap by Erik F. Nielsen

independenteconomics.substack.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 10d

Sunday Wrap on the possible re-introduction of a wealth tax in France - the hottest debated issue in the present political crisis.

Why I dont like wealth taxation, but think there is a case for an exemption now.

open.substack.com/pub/independ...

Sunday Wrap

Wealth taxation may be the make-or-break topic in France's political crisis. I summarise why I don't like wealth taxation, but that there is a good case for an exemption in today's France.

open.substack.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 17d

Postcard from the real France

open.substack.com/pub/independ...

Sunday Wrap

Postcard from the real France

open.substack.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · 24d

My thoughts on von der Leyen’s State of Union address:
On balance, I was disappointed.
1. on econ reforms, its was misguided and insufficiently ambitious,
2. On Ukraine, okay, but …
3. On the US, defensive but without explanation for the weird stuff

open.substack.com/pub/independ...

Sunday Wrap

Why I was underwhelmed by von der Leyen's State of the Union address on Wednesday: Misguided on economic reforms, okay on Ukraine, defensive (with no explanations) of her questionable deal with Trump.

open.substack.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Sep 8

Spot on.

Christian Odendahl @codendahl.bsky.social · Sep 8

"This is not just how authoritarianism happens. This is authoritarianism happening." www.nytimes.com/2025/09/07/o...

Opinion | Stop Acting Like This Is Normal

www.nytimes.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Sep 7

🙏🙏🙏

Søren Torbjørn Svendsen @sorentsvendsen.bsky.social · Sep 7

Lidt trist søndagslæsning.

I hvert fald ikke et optimistisk syn på den videre udvikling af den økonomiske situation. En der måske har været med til at skabe Trump og som hans nuværende politik potentielt bare vil forværre.

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Sep 7

In today’s new 3-edition Sunday Wrap :

- a brief history of what motivated 18 years of Sunday writing
- the long (and predictable!) road to Trump
- how his policies lead to a faster slowdown, and raises the risk of a major crisis

erikfossingnielsen179.substack.com/p/sunday-wrap

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Sep 7

In today’s new 3-edition Sunday Wrap :

- a brief history of what motivated 18 years of Sunday writing
- the long (and predictable!) road to Trump
- how his policies lead to a faster slowdown, and raises the risk of a major crisis

erikfossingnielsen179.substack.com/p/sunday-wrap

Sunday Wrap

The long - and somewhat predictable - road to the arrival of Trump, and why the slowdown will get worse and quite probably lead to a crisis.

erikfossingnielsen179.substack.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Sep 3

Just a reminder: Greenland left the EU in 1985 (after having joined with the rest of Denmark in 1973) 🤔

Markus Valentin 🇩🇰🇬🇱 @marfusvalentin.bsky.social · Sep 3

EU lægger op til at fordoble den økonomiske støtte til Grønland 🇬🇱

Der er tale om knap 4 milliarder kroner i perioden 2028-34.

EU står i forvejen for cirka 3% af Landskassens indtægter. #greenland #dkmedier

knr.gl/da/nyheder/e...

Europakommissionen vil fordoble milliard-støtten til Grønland

Europakommissionen foreslår at fordoble de nuværende tilskud til fire milliarder kroner, så Grønland bliver en endnu tættere samarbejdspartner på klima, råstoffer og uddannelse.

knr.gl

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Reposted by Erik Fossing Nielsen

Silvia Merler @smerler.bsky.social · Aug 28

The 10 year BTP-Bund spread is at its lowest since 2010 and Italy in 2024 went back to a primary surplus, as it consistently did for almost two decades before COVID (unlike France, who’s been overshooting its deficit forecasts for 30 years). Don’t cry wolf where there isn’t one, it’s irresponsible.

Robin Brooks @robin-j-brooks.bsky.social · Aug 27

There's first signs of contagion from France to Italy and flight to safety into German Bunds. Italy is the Euro zone Achilles heel. Without it, ECB could let French yields rise, helping France get its budget under control. But that's not possible with Italy always teetering on the brink of crisis...

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 27

WHY DOESNT ANYONE IMMEDIATELY CORRECT HIM?

Aaron Rupar @atrupar.com · Aug 26

Trump: "People go into war, think they're gonna win the war, then they get their asses kicked & they lose their country and lose millions of lives. Nobody goes into a war thinking they're gonna lose. I'm sure Ukraine thought they were gonna win. You're gonna beat somebody that's 15 times your size"

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 24

The ignorance of the US administration never stops shocking anyone with just basic knowledge.

Christian Odendahl @codendahl.bsky.social · Aug 24

Field marshal Wilhelm Keitel sketching out his negotiating position for the Americans to consider, May 8th 1945.

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 20

Unbelievable indeed.

But apart from the mark-up per se, one cannot help but note the US treasury secretary’s personification of the US treasury (supposedly) and Trump himself.

Shashank Joshi @shashj.bsky.social · Aug 20

Unbelievable. “We are selling arms to Europeans, who are then selling them on to the Ukrainians, and President Trump is taking 10 per cent mark-up on the arms,” Mr Bessent told Fox News. “So maybe that 10 per cent will cover the cost of the air cover.” www.telegraph.co.uk/us/news/2025...

Trump’s 10pc mark-up on arms sales to Europe may fund Ukraine security guarantees

US president’s levy could meet cost of air cover for peacekeeping efforts, says treasury secretary

www.telegraph.co.uk

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Reposted by Erik Fossing Nielsen

Nicolas Veron @veron.bsky.social · Aug 19

Fascinating story on so many levels www.ft.com/content/106b...

The small east German bank that cannot drop its far-right customer

Extremist parties are opening accounts with the Sparkassen network of regional lenders

www.ft.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 13

Wenn mehr Geld für Verteidigung und Infrastruktur Links bleibt, dann bin ich Links!

Marc Raschke @marcraschke.bsky.social · Aug 12

Das muss dieser „Linksruck“ sein, vor dem die CDU-Hetzer immer gewarnt haben. Die Bankrott-Erklärung der Strategie von Merz, Söder, Spahn & Co. in vier Zahlen:

Wahltag:
Union 28,5 %
AfD 20,8 %

Heute (laut Forsa)
Union 24 %
AfD 26 %

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 12

Looking forward to reading …

Philip Stephens @philipstephens.bsky.social · Aug 11

For me, the moment finally arrives. These Divided Isles, the story of Anglo-Irish enmity and intimacy since Partition, Published by Faber August 28. Pre-order linktr.ee/thesedivided...

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 11

One of America’s truly finest - the one and only Carlos Santana - wrapped up his European tour tonight in Copenhagen. What an evening with one of the real greats.

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 6

“Now turning in the right direction”? We’ll probably end up with the highest tariffs for almost 100 years and the end of Most Favored Nations principle!

Is logic to shock and then retreat a bit? So, if he starts by saying he’ll commit mass murder but “only” kills a few, shall we be pleased?

criticus.bsky.social @criticus.bsky.social · Aug 6

It has been the case with many topics. Maybe the best example is Russia. He started with a very pro-Kremlin (and absurd) stance, and is now turning in the right direction. The tariff stuff, similar. Started with this bizar formula, now more or less real negotiations.

Its his strategy to shock ppl

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 5

What makes you think he knows?

criticus.bsky.social @criticus.bsky.social · Aug 5

Trumps understands it, he just likes to annoy/confuse people

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 5

Scott Bessent doesn’t want to become Fed chair …

Just about the most understandable thing he has said since he came to Washington.

Financial Times @financialtimes.com · Aug 5

Donald Trump rules out Scott Bessent for Federal Reserve chair on.ft.com/3HkpqqK

Donald Trump rules out Scott Bessent for Federal Reserve chair

President says US Treasury secretary took his name out of consideration

on.ft.com

Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 5

This is unlikely to end well….

There is no EU facility which can disburse any - any! - money to Trump for him to invest or spend as he pleases.

The level of basic understanding at the highest level in the US is pretty staggering.

Aaron Rupar @atrupar.com · Aug 5

Trump on his EU trade deal: "The details are $600 billion to invest in anything I want. Anything. I can do anything I want with it."

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Aug 4

Osborne is wrong! Period!

The Guardian @theguardian.com · Aug 4

George Osborne says UK has been left behind in cryptocurrency boom

Ex-chancellor criticises hesitant approach to crypto and warns country in danger of missing next surge in market * Business live – latest updates The UK has been left behind in the cryptocurrency boom and is in danger of missing a second wave of demand, according to the former chancellor George Osborne. Osborne, who has an advisory role at the crypto exchange firm Coinbase, said the country had already missed out on the first generation of crypto because the formerly sceptical US has embraced digital currencies under Donald Trump. Continue reading...

www.theguardian.com

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Erik Fossing Nielsen @erikfossingnielsen.bsky.social · Jul 29

Just a shame you guys at The Economist keep the authors’ names under wraps.

Christian Odendahl @codendahl.bsky.social · Jul 29

If there is one piece to read from The @economist.com today, it's my colleague's on geoeconomics and how academic economists think about it.

That particular colleague is our best economics writer, so he really brings the theory to life. 👇

www.economist.com/finance-and-...

What economics can teach foreign-policy types

Hegemons should care about even puny countries

www.economist.com

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Reposted by Erik Fossing Nielsen

Max Bergmann @maxbergmann.bsky.social · Jul 19

But if you’re a European democracy, we have no problem meddling.
www.nytimes.com/2025/07/18/u...

Rubio Restricts U.S. Criticism of Tainted Foreign Elections

www.nytimes.com

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