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42d06/01

China’s investment-driven role in global growth is underestimated, study says

China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment. The analysis, published in a note on Sunday,

◇ unclassifiedchina · asia · usa
42d06/01⚠ war-conflict · 1/5

Retail investors, beware SpaceX

It won’t become the next Nvidia. It mathematically cannot. https://www.bloomberg.com/opinion/articles/2026-06-01/spacex-needs-to-get-to-5-quadrillion-to-rival-mag-seven-magic?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4MDMxMjk2NiwiZXhwIjoxNzgwOTE3NzY2LCJhcnRpY2xlSWQiOiJURlk1MjRLSVVQWFMwMCIsImJjb25uZWN0SWQiOiI0NkJCMkEyQTRCMEE0REVCOUY0NUU4QjgzQ0YxQkUwOSJ9.TbDuPqFDCxEKJJjVFAjrQTKurQK8TWthWLUPyogaTW8 submitted by /u/StayEngaged2222 [li

Social◇ unclassifiedsocial-signal
42d06/01⚠ war-conflict · 1/5

Fallen for credit card fraud

Unfortunately, I fell for a well-done credit card scam over the weekend. In the evening I was contacted by the hotel where we had soon booked a room that I should provide a credit card for confirmation. I hesitated for a moment but the link looked good - all the data matched. Name, date for one night, amount of money, etc. (called the hotel on the phone, they probably have a data leak - that's all I know, they couldn't tell me more) So I quickly brushed my teeth and...

Social◇ unclassifiedgermany · usa · europe
42d06/01⚠ war-conflict · 1/5

M25 / First job after 7 years of study

At 25, I'm starting my first full-time job after my master's degree as a software engineer. I earn 55k a year (12 salaries) and after one year my contract will increase to 60k. I live with my girlfriend in a medium-sized city, we pay 1,070 euros in rent and, after deducting all expenses, the housing costs are around 1,200 euros. In addition, there are expenses for food and leisure activities (such as going out for coffee), so we have around 1,800 euros

Social◇ unclassifiedgermany · usa · europe
42d06/01⚠ war-conflict · 1/5

Goldpreisprognose 2026

Gold startet 2026 nach starken Kursanstiegen in eine Phase mit hoher Volatilität und unsicherer Richtung. Analysten erwarten eher starke Schwankungen als eine klare, stetige Entwicklung. Die meisten Prognosen sehen den Goldpreis in einer Spanne von etwa 4.000 bis 5.300 US-Dollar pro Unze, abhängig von Zinsen, Inflation und geopolitischen Entwicklungen. 🔑 Wichtige Einflussfaktoren: Zentralbankkäufe von Gold Zinspolitik der US-Notenbank (Fed) Inflation und Währungsrisiken Globale geopolitische Sp

Social◇ unclassifiedeurope · usa
42d06/01⚠ war-conflict · 1/5

Schufamaxxing

Hello my financial disciples. I've probably already noticed that there is a new SCHUFA score. Thanks to the new score, I have now seen why my SCHUFA score was only 720. Of course, there was immediately MAXXING potential. SCHUFA thought that I had only been living at my address for three years, even though I had lived here for over 20 years, so SCHUFA didn't know that I had already had a checking account for over ten years. Registration certificate obtained and a letter from the bank

Social◇ unclassifiedgermany · europe
42d06/01

Beijing appoints Yuan Gujie as deputy director of Hong Kong liaison office

Beijing has appointed Yuan Gujie, a senior Guangdong province official who vowed to further connect rules in the Greater Bay Area, as a deputy director of its liaison office in Hong Kong. The state-run Xinhua News Agency announced on Monday that Yuan, 58, had succeeded diplomat Liu Guangyuan, who is expected to retire at age 61. The liaison office’s top leadership includes director Zhou Ji and four deputies. Yuan headed the provincial Political and Legal Affairs Committee and also served as a...

◇ unclassifiedchina · asia
42d06/01⚠ war-conflict · 1/5

The state has no money, but is throwing it out the window elsewhere

Hello, yesterday in the tagesschau: There will probably be no increase in student loans. The reason: Parental allowance and care allowance are being reduced, so you cannot increase student loans. In addition, it has already been decided that for many millions of people, spouses will no longer be insured free of charge in their health insurance. And this despite the fact that the health insurance rates and the BBG were significantly increased twice in a row. Then there is something like the CO2 tax, which applies to everything that uses fossil fuels

Social◇ unclassifiedgermany · europe · uk
42d06/01

Explaining who pressured FTSE Russell into changing their rules for the SpaceX IPO

SpaceX is going public soon. The company is valued at around 1.75 trillion. However, the insiders are keeping about 95 percent of the shares. They are only selling a very small amount to the public. Usually, big index funds like Vanguard and the S and P 500 have strict rules. They wait until a company proves it makes a profit. They also make sure there are enough shares available to buy. This stops the fund from driving the price up too much when they buy. Now, the people who make these rules ar

Social◇ unclassifiedusa · uk
42d06/01

How has China’s year-long law enforcement campaign changed local governance?

Beijing has revealed the sweeping scale of a year-long campaign targeting irregular law enforcement against businesses as the country intensified its efforts to discipline local bureaucracies and improve governance. The Information Office of the State Council, China’s cabinet, said in a press briefing on May 21 that the campaign uncovered more than 66,000 problematic administrative law enforcement cases and helped companies to recover 30.7 billion yuan (US$4.5 billion). Authorities said more...

◇ unclassifiedchina · asia
42d06/01

Selling my car and looking for options to diversify my portfolio

II’m an EU investor with a long-term horizon. My current allocation is mostly broad equity index funds (EuroStoxx 60 and S&P 500/Nasdaq) plus a gold position. I’ll soon have a lump sum available that is large relative to my existing portfolio and I’m interested in learning how investors generally think about deploying new capital in this situation. submitted by /u/Acid_3929 [link] [comments]

Social◇ unclassifiedusa · europe
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