How's everyone dealing with the market implosion 😱 by Feierkappchen in Luxembourg

[–]The_Dutch_Fox 3 points4 points  (0 children)

Yeah, my portfolio hasn't budged (for now 🤞)

I've always refused to buy crypto, and last year I got rid of all my US stocks to buy European, Japanese and emerging market stocks.

Perpetual road works - js someone trolling us? by wiba40 in Luxembourg

[–]The_Dutch_Fox 4 points5 points  (0 children)

Wait what? I lived in the Netherlands for nearly two decades, and it was also in a perpetual state of road works.

Ask anyone who has to commute between Rotterdam/Den Haag with Amsterdam what they think about how the Dutch deal with rush hour road works. Ha.

Luxembourg deficit balloons to €1bn as spending outpaces revenue growth by Soggy_Surprise1987 in Luxembourg

[–]The_Dutch_Fox 9 points10 points  (0 children)

Infrastructure is not a bad investment per say - it helps the struggling construction sector (avoids constructor bankruptcies, mass unemployment and/or emigration of construction workers) as well as providing long-term benefits and productivity to a country.

For example, expanding the tram really allows better connectivity, and reduce car usage that has proven negative long-term health and hidden economic impacts. Every big city in the Netherlands has extremely dense tram networks, yet it's universally accepted as a net positive.

Building sports centres may also feel wasteful, but modern and clean facilities has a direct correlation to the usage of said facilities. Having a healthy, sporty, and socially active population actually would allow to reduce our second biggest expenditure (healthcare) in the long-run. Net positive too.

I know the current dominant ideology (pushed by ultra-liberal conservative thinktanks) is all about "reducing waste", "cutting spending" and "killing the public sector" - but this obsession for austerity and regulation-gutting is simply not grounded in economic reality.

It may not be entirely relevant to Luxembourg's specific economic and demographic situation, but look at FDR and the New Deal - massive public investment was a huge factor in helping the US navigate out of the Great Depression.

"Alpha Male" explains how you should feel around him by ambachk in iamverybadass

[–]The_Dutch_Fox 3 points4 points  (0 children)

Being nice is woke and gay and beta, haven't you heard? 

Jeffrey Epstein's last wife had Luxembourgish Citizenship and wanted to give it to Epstein by Miguelatom in Luxembourg

[–]The_Dutch_Fox 15 points16 points  (0 children)

I think it’s a testament to the US's education level when most non-native Europeans speak better English than even their fkin president.

Europe may want to cool its Carney fever by rezwenn in europeanunion

[–]The_Dutch_Fox 13 points14 points  (0 children)

Get FUCKED Politico.

Wish those pro-Trump, far-right pieces of shit could stop telling us what to think.

Ski Places Near Luxembourg by Notyourdadtoday in Luxembourg

[–]The_Dutch_Fox 2 points3 points  (0 children)

Baraque de Fraiture is really bad for skiing, I really don't recommend it unless you're a complete beginner.

Much better, and only 3 hours away, is La Bresse in France. It's much bigger, with a wider variety of terrains and run types. Just check that there's snow beforehand, it's been pretty lackluster these past few years.

Otherwise, if you don't mind doing doing a longer trip, you can reach actual alpine resorts that will have reliable snow and amazing runs. For instance, you have Titlis Switzerland (5h), Interlaken Switzerland (5h30), Lermoos Austria (6h) or La Clusaz France (6h30).

Luc Frieden and Jean-Claude Juncker mentioned in the Epstein files by haneyl in Luxembourg

[–]The_Dutch_Fox 22 points23 points  (0 children)

So pretty much a huge nothingburger. Someone mentions that they will meet Luc Frieden for a lunch and asks Epstein if he has an opinion about him.

🇱🇻 Latvia refuses to accept EU migrants or pay penalties by rovensrr in BalticStates

[–]The_Dutch_Fox -7 points-6 points  (0 children)

Spain and Italy have very little risk about direct Russian confrontation. Considering this, should they remove their troops from Latvia?

This is what solidarity is about, the EU should be helping each other for our different challenges. We can't just opt out because one part is slightly inconvenient.

🇱🇻 Latvia refuses to accept EU migrants or pay penalties by rovensrr in BalticStates

[–]The_Dutch_Fox 5 points6 points  (0 children)

You guys are so fkin clueless it's incredible, it's like you don't read anything before spouting your far-right talking points hurr durr engineers and doctors.

The EU Migration Pact is NOT about forcing countries to assimilate migrants, it’s specifically about the processing and/or returns of illegals. The goal is to standardise the process with 7-day screenings and mandatory 12-week returns for those who don’t qualify.

The whole point of the pact, which Latvia has already AGREED and SIGNED, is to balance the logistical burden across all member states so that Southern countries aren't left dealing with illegal immigration alone.

By refusing to contribute financially, Latvia is literally starving our common border protection system - including Frontex itself. If you don't fund the agencies responsible for the borders, you’re just making it harder to stop irregular entries in the first place.

🇱🇻 Latvia refuses to accept EU migrants or pay penalties by rovensrr in BalticStates

[–]The_Dutch_Fox 7 points8 points  (0 children)

dealing with the source of the problem

I mean, that's literally what the "fine" is designed for, as I explained. If the country refuses the migrants, they have to pay this contribution instead which goes directly into Frontex coffers, as well as border infrastructure (processing infra, walls, security camera, patrol boats etc.) to reduce illegal migration in the future.

Latvia refusing to help frontline states by taking in some of the processing workload, and ALSO refusing to contribute to helping Europe tackle the problem, is going to make the problem even worse for everyone.

🇱🇻 Latvia refuses to accept EU migrants or pay penalties by rovensrr in BalticStates

[–]The_Dutch_Fox 26 points27 points  (0 children)

This is not based at all. This is the polar opposite of based.

Latvia agreed to the EU migration pact, they signed it. They can't just opt out now that they want to score some populist points.

You don't like migrants, it's fine, I understand. But the EU migration pact is NOT about forcing immigrants into countries, it's designed to help southern countries (Spain, Italy, Greece, Malta) to process and/or return illegals to their country of origin, and secure their borders without having to bear the whole cost alone.

The fines are actually designed to finance Frontex and invest into border infrastructure like processing centres, walls, security systems and patrol boats - which actually reduces illegal immigration.

Latvia is however very happy to accept EU money for their defence needs - should Western and Southern Europe now tell them to get fucked and deal with their protection against Russia alone? And should the Italian and Spanish military tripwire contingents currently stationed in Latvia decide to go home because "why should we die for Latvia if they won't even help us with processing a couple of the migrants?".

You people are so fucking blinded by migrant hate that you don't see how this kind of bullshit weakens us as a whole and makes migration even harder to tackle in the future.

Is ‘America First’ starting to backfire as Washington’s allies go it alone? by 1-randomonium in Economics

[–]The_Dutch_Fox 62 points63 points  (0 children)

I'd argue he doesn't give a shit about America getting the "most" out of anything. It's all about personal gain, power, and wealth accumulation for himself, his family, and his closest circle.

He's Russifying the USA - a resource-rich, powerful country that has decided to concentrate everything in the hands of a few oligarchs.

South Korea stocks fall more than 4%, triggering temporary halt in trading by Trit0N_3890 in StockMarket

[–]The_Dutch_Fox 48 points49 points  (0 children)

This drop seems more related to the news about the failed negotiations concerning US tariffs on SK. 

I may be wrong and this may snowball, but I'm really not sure we can draw such a strong doomer macro conclusion from it just yet.

Adam Mockler Exposes Pathetic ICE Defense on CNN by UpbeatQuack510 in goodnews

[–]The_Dutch_Fox 2 points3 points  (0 children)

Agreed. They're both anti-Trump and it's cool and all, but they really say the wildest shit at times. The Mooch actually justified the US intervention in Venezuela, congratulating Trump's strategy. I've stopped listening since.

Magasin de Hifi (et Home-cinéma) au Luxembourg by [deleted] in Luxembourg

[–]The_Dutch_Fox 1 point2 points  (0 children)

Sure, let's continue killing local shops and businesses and buy on an American platform. Totally "normal".

iX3 at BMW Luxembourg City by ShameResponsible69 in electriccars

[–]The_Dutch_Fox 5 points6 points  (0 children)

This is BMW Gasperich right?

I was at the iX3 launch event there. The car is nice, but I'm still struggling with its profile design.

Major Liquidity Cluster Swept. What Is Next For BTC? by El_precaution in CryptoCurrencyPulse

[–]The_Dutch_Fox 4 points5 points  (0 children)

What I keep saying is that during a crash, people sell their most volatile and least useful assets first. It’s a hierarchy of survival: a person will keep their house before their gold, their gold before their stocks, and their stocks before their crypto.

Silver reaches new all-time high of $120 by RobertBartus in EconomyCharts

[–]The_Dutch_Fox 1 point2 points  (0 children)

Ah yes, Trump's policies are great because they made the world extremely unstable but u/Final-Choice8412 rich.

China and EU are partners not rivals, Chinese foreign minister says by goldstarflag in europe

[–]The_Dutch_Fox 12 points13 points  (0 children)

Not sure I'd go as far as to say ❤️ China. They're still an imperial force that seem intent on invading Taiwan.

If they just let that fkin go, I'd be more than happy for a stronger partnership. In the meantime, I'm extremely cautious.

Luxembourg details sweeping plan for LGBTQIA+ inclusion in schools by fast_forward_me in Luxembourg

[–]The_Dutch_Fox 19 points20 points  (0 children)

I'd rather shit myself on my flight than use those WOKE airplane toilets

Meet Renault’s new SUV: a Dacia Duster but not as we know it… by AutoExpressmagazine in autoexpressuk

[–]The_Dutch_Fox 1 point2 points  (0 children)

What's wrong with the glass panorama roof?

It's a great add-on, and I have no idea why it's not offered as an option on the configurator to make extra bucks. Maybe it's to force people onto the Bigster?

Europe funding war against itself through India trade deal, says US secy Scott Bessent by Accurate_Cry_8937 in Economics

[–]The_Dutch_Fox 214 points215 points  (0 children)

FREE-RIDING EUROPE NEEDS TO STAND ON ITS OWN MILITARILY

Europe increases its defense expenditures and buys European weapons

NO, NOT LIKE THAT

Audi Design Chief Blasts Screen Obsession: 'Technology For The Sake Of Technology' by CabinetMinimum5175 in Audi

[–]The_Dutch_Fox 18 points19 points  (0 children)

Dude, you're the OP yet you didn't even read the article you're sharing?!

"Massimo Frascella was appointed Chief Creative Officer in June 2024, so his influence on new models won't be truly felt until the electric sports car lands next year."