Prof. Richard A. Werner. Empirical, fact-based economics. Retweets not an endorsement or agreement. Likes are merely bookmarks. See also @professorwerner
Planet Earth
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Virtually all economics since Ricardo been based on equilibrium paradigm.Key corollary: thesis that lower interest rates lead to higher economic growth. 1st empirical test of all classical,neoclassical,Keynesian, post-Keynesian, monetarist,new class econ: sciencedirect.com/science/ar…
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The top ten countries are heading towards extinction of their indigenous population.
Normalised ranking of the absolute migrant stock increases (2000–2024) by approximate 2026 population share.
1. Ireland 15.7% (+0.84M @ 5.36M)
2. Austria 15.4% (+1.4M @ 9.11M)
3. Switzerland 14.4% (+1.3M @ 9.01M)
4. Spain 14.2% (+6.8M @ 47.85M)
5. Norway 12.7% (+0.72M @ 5.65M)
6. Sweden 12.1% (+1.3M @ 10.70M)
7. Belgium 11.0% (+1.3M @ 11.77M)
8. UK 10.2% (+7.1M @ 69.93M)
9. Denmark 7.9% (+0.475M @ 6.02M)
10. Germany 7.7% (+6.4M @ 83.64M)
11. Netherlands 7.6% (+1.4M @ 18.45M)
12. Italy 7.5% (+4.4M @ 58.93M)
13. Finland 6.7% (+0.378M @ 5.62M)
14. Türkiye 6.6% (+5.8M @ 87.93M)
15. Portugal 4.6% (+0.476M @ 10.40M)
16. France 4.5% (+3.0M @ 66.75M)
17. Hungary 4.1% (+0.393M @ 9.59M)
18. Czechia 3.7% (+0.386M @ 10.53M)
19. Romania 2.8% (+0.521M @ 18.80M)
20. Poland 2.4% (+0.917M @ 37.84M)
The original absolute ranking (from the @stats_feed post / matching UN DESA-derived figures) is re-ranked here by the size of each country’s increase as a percentage of its ~2026 total population. Populations are approximate mid/early-2026 figures drawn from consistent UN World Population Prospects 2024 (medium variant) elaborations (e.g., Worldometer and related sources). Increases are the rounded figures from the source post.
Notes and caveats
This is the 2000–2024 change in resident international migrant stock (UN DESA definition, which can include refugees, asylum seekers, and naturalised persons depending on national data) expressed as a share of recent total population. It is not the current migrant share of the population, nor the percentage growth of the migrant stock itself (the latter ranking, from the same data, is led by much smaller countries such as Malta).Visualcapitalist
Populations are approximate; different sources (national statistical offices vs. UN projections) differ by small margins. Using 2024 or 2025 figures would shift the percentages only modestly.
Absolute totals are the rounded values published in the source post (exact UN DESA figures are available in the underlying dataset and closely match).
The top of the absolute ranking (UK, Spain, Germany) falls to mid-table once size is controlled for; several smaller countries rise because the same absolute numbers represent a larger relative change.
Sources for the absolute increases: UN DESA International Migrant Stock 2024 (via the original post and contemporaneous analyses). Population denominators: UN World Population Prospects 2024 medium-variant elaborations for ~2026.
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Richard Werner retweeted
This is to show us where central bank digital currency (the digital euro, the digital pound, the digital yen) are heading.
🇬🇧 UK TAX AUTHORITY RESUMES DIRECT SEIZURES FROM BANK ACCOUNTS
HMRC has reinstated powers suspended during the pandemic that allow it to recover unpaid taxes directly from individuals’ and businesses’ bank accounts without obtaining a court order.
The policy, restarted in a “test and learn” phase in 2025, applies to tax debts of £1,000 or more and allows HMRC to withdraw funds from current accounts and cash ISAs.
Safeguards include:
• A minimum of £5,000 must remain in the debtor’s accounts.
• HMRC must make a face-to-face visit before initiating recovery.
• Debtors have 30 days to appeal before any funds are transferred.
• Vulnerable individuals and those experiencing financial hardship may receive additional protections.
The powers allow the government to compel banks and building societies to transfer funds directly to HMRC to settle outstanding tax liabilities.
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We have won some more time.
The chicken central planners at the ECB have pushed out the introduction of the digital euro central bank digit control to January 2029, in time for their global reset of 2030 and war with Russia.
Either due to military emergency or the brewing banking crisis in Germany, once introduced the screws will be tightened immediately. You will have lost control over all your money in eurozone banks and won't be able to switch it into assets outside the euro.
The pilot will launch next year and has to be stopped. Last chance saloon.
Time for demonstrations outside the ECB. Against totalitarianism, digital fascism and communist collectivisation & expropriation of assets.
Which NGOs are on our side? Or are they ALL system shills?
The digital euro was a conspiracy theory for years. Now it has a launch date: January 1st, 2029.
The European Central Bank confirmed it themselves. The pilot starts in 2027 and 36 payment companies are already building it.
Still think it’s a conspiracy theory?
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Russia has been very patient in the face of lying and cheating US representatives.
Ex US Ambassador to Russia @McFaul admits he lied, and all US Diplomats lie, all the time.
"Its the real world"
British MI6 officer, deluded Russophobe and Polish foriegn minister @sikorskiradek can't help but laugh. They are all frauds.
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Richard Werner retweeted
Am 18. Mai 2025 griff der 35-jährige Syrer Mahmoud M. in Bielefeld vor der Bar „Cutie“ mehrere Menschen mit einem Messer an. Sein Ziel war, möglichst viele in seinen Augen „Ungläubige“ zu töten. Fünf Menschen wurden verletzt, vier davon schwer.
Es ist dem damals 27-jährigen Chris S. zu verdanken, dass kein Mensch getötet wurde und es nicht noch mehr Verletzte gab. Er nahm den Angreifer in den Schwitzkasten und verhinderte so weitere Attacken. Chris S. bezahlte seine Heldentat beinah mit seinem Leben. Denn während er den Angreifer festhielt, stach dieser ihm zweimal mit dem Messer ins Bein. Zwei Liter Blut verlor Chris S., der nur durch eine Notoperation gerettet werden konnte.
Sein Leben, wie er es vor der Tat hatte, ist vorbei. Zuvor war er als Werkstudent angestellt, heute ist er immer noch krankgeschrieben. Als Student erhält er kein Krankengeld, sein Studium kann er krankheitsbedingt nicht fortsetzen. In seinem erlernten Beruf als Einzelhandelskaufmann kann er auch nicht arbeiten. Mahmoud M. wurde im Prozess zur Zahlung von Schmerzensgeld in Höhe von 70.000 Euro an jedes Opfer verurteilt. Geld, das die Opfer natürlich nie sehen werden. Vom Staat erhielten Chris S. und die anderen Opfer jeweils 5.000 Euro Soforthilfe. 5.000 Euro. Über mögliche Opferrenten wurde bis heute, eineinhalb Jahre nach der Tat noch nicht entschieden. Die Anreise zum Prozess musste Chris S. selbst zahlen. Mahmoud M. hatte derweil vom Steuerzahler finanzierte Rundumversorgung, drei Dolmetscher, Anwälte, Therapien.
Jetzt gab Chris S. der WELT ein Interview. Er beklagt zurecht, dass in Deutschland der Täterschutz über dem Opferschutz steht. An dieser Stelle Auszüge aus dem Artikel der WELT:
„Chris S. sieht die Sache mit dem Schmerzensgeld ebenfalls nüchtern: „Ich wusste ja, dass er nicht zahlen kann. Ob er zu 5000 oder 2,5 Millionen Euro verurteilt wird, macht keinen Unterschied.“ Gleichzeitig empfinde er die fehlende Entschädigung als „deprimierend“. Das Attentat, das spätere Verfahren, die Inhaftierung des Täters, all das habe doch Kosten verursacht, sagt er kopfschüttelnd. „Wie viel dieser Mensch uns bisher gekostet hat, und wie viel er uns noch kosten wird!“
Er sehe da ein Ungleichgewicht, sagt der 27-Jährige.
„Täterschutz steht über Opferschutz in diesem Land, das kann man ganz klar sagen.“ Für ihn fühle es sich ungerecht an, dass der Täter vom Steuerzahler bezahlte Anwälte und auch jederzeit Zugang zu therapeutischer Unterstützung hatte. Drei Übersetzer standen dauerhaft für Mahmoud M. bereit, zwei vor Gericht, einer für dessen Gespräche mit dem Anwalt. S. schüttelt nur den Kopf. „Zutiefst frustrierend“ sei das.“
Die Anwältin von Chris B. hat einen Spendenaufruf gestartet. Für Chris und drei weitere Opfer, die sie vertritt. Der Spendenaufruf ist auch im WELT-Artikel verlinkt. Ich teile den Link hier auch und möchte meine lieben Follower und Freunde hier bitten, wenn möglich, Chris B. und die anderen Opfer zu unterstützen. 100.000 Euro ist als Ziel angegeben. Von der Spendensumme erhält jedes Opfer denselben Anteil. Ich hoffe sehr, dass viele mitmachen damit Chris B. und die anderen Opfer, die den Horror überlebt haben, wenigstens finanziell etwas Last abgenommen wird.
Hier der Spendenaufruf:
gofundme.com/f/schmerzensgel…
Hier der WELT-Artikel:
welt.de/vermischtes/plus6ac5…
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Ousting a sitting Prime Minister, as the Bank of England did to Liz Truss, through its manipulation of the bond market and coordination of media spin, amounts to High Treason.
When will this high treason be prosecuted?
Oh, central banks are untouchable you say?
Is this how it should be?
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An interesting perspective on US foreign policy from China:
The US bullies every country, except nuclear powers Russia, China and Israel, whose power structure its secret services are not controlling.
Zhang Weiwei, professor at Fudan University, to Yusuf Erim at the East-West Forum in Istanbul:
"The world has entered the post-American, post-US world and post-Western world."
How he gets there >
> "from Chinese point of view, we think United States have been making strategic mistakes all the time"
> taking Maduro: "I call a tactical victory, but strategic disaster"
> the US security report "shows due respect to China and Russia", yet Washington "is ready to bullying all other countries except Israel"
> Iran: "a middle power like Iran, if it's determined", can push the US to the point "it cannot do much about it"
> "a watershed of United States power going down sharply"
> "NATO plus Ukraine cannot defeat Russia. United States cannot defeat Iran", and it "already lost trade war with China, lost tech war"
Big powers get respect. Everyone else gets pressure. That is why the rest are hedging.
Be informed.
Not entertained.
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Time to boycott Cadbury's.
I was reading that Cadbury's parent company is partnering with an Israeli biotech company and testing cell cultured cocoa butter.
That's kind of enough for me to stop buying any commercial branded 'chocolate'.
Does anyone know any niche brands that actually make real chocolate?
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Richard Werner retweeted
Donald Trump and Nancy Pelosi agree on one thing. They’re buying the same stock.
Both are in Vistra, the power company behind the nuclear and gas plants that run AI data centers. Buy the stock, push the legislation, cash in. The fighting on TV is just the show.
Two wings of the same bird, and you lose either way.
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German and Chinese leaders are glad today that they took their various policies and delivered the desired results.
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This shocking account of the state of one aspect of medicine gives food for thought.
Why "virus" testing is a fraud: I run an ISO-accredited food science lab with NINE mass-spec instruments, microbiology testing equipment, aflatoxin testing, dioxin testing, heavy metals testing, pesticide testing, and more. I can buy a physical external standard of any of these things: A vial of lead at a given concentration, a vial of glyphosate, an isolate of aflatoxin chemicals, a purified sample of e.coli, etc. Yet as far as I can tell there is NO ISOLATED REFERENCE STANDARD available for any virus.
I've tried to buy them to use as reference materials. As far as I can tell, they don't exist. The so-called standards labeled "isolates" are not isolates, and they are mixed with things like bovine blood serum, derived sometimes from human snot and spit, or mixed with elements of eggs, or swine blood, and more. I have yet to spot anyone selling a vial of, for example, lyophilized, purified, isolated SARS-CoV-2 or even this year's so-called "influenza strain."
If the industry can't sell me an isolated, purified sample of a virus, that's a huge red flag and it begs the question: How is anybody calibrating their "virus detecting" instruments? If they have no real, physical viruses to test against, how do they know their tests are real?
The shocking answer: They download DIGITAL LIBRARIES and compare sequencing output with digital profiles provided to them by either instrument manufacturers or government-sponsored "science" groups. So it's actually the companies that make the instruments and the libraries that tell you "it's a virus." Actually, all they've spotted is peptides because you can't even use mass spec to measure a full "virus" because the claimed virus doesn't survive the sample prep and the introduction into the instrument. So they use a statistical scoring technique and software "deconvolution" algorithms to arrive at a SCORE, and if that score is over a certain threshold, they claim to have spotted a "virus."
As you can readily see, this entire process is highly prone to bullshit and fraud, since there's no physical virus sample to compare anything to. It's just digital smoke and mirrors to propel an industry plandemic industry based on total fraud.
When I run ICP-MS tests on lead or mercury, I can actually spot those atomic elements on the instrument detector. Yet there is no mass-spec "virus detector" instrument that directly detects a virus. Doesn't exist. The physics don't work. So they use libraries and statistical scoring to claim they've found a virus, while having no actual reference materials (called "CRMs in lab speak") to confirm anything at all.
And even if that did work, they have no QUANT CALIBRATION CURVE, so they can't tell you how much mass of the "virus" was found. (For example, they can't say how many ng/ml of viruses are in your blood.) Which means there's no concentration calculation possible. And what means there's no way to determine a threshold of so-called "disease" from a virus.
The whole virus-disease industry is a complete fraud. It's also why blood-based AIDS/HIV tests are a total fraud, too. All 100% theater to control the population through fear and fake junk science.
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Buchanan's crime: He said US interests are not necessarily identical with Israel's.
The bots were mobilised against him. Including one Donald Trump.
Donald Trump’s first presidential campaign in 1999–2000 existed to cancel Pat Buchanan. He hit the talk shows calling Buchanan a ‘Hitler lover’ and an antisemite.
Buchanan was the America First president we deserved—not Trump
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Richard Werner retweeted
The reason why pedophilia is a requirement to initiate into this murderous cult is because if you are willing to harm a child you will do anything. If you would intentionally seek to destroy the innocence of a child, you prove to the cult that you will look the other way when a genocide is committed in broad daylight and children are being burned alive.
This is the synagogue of Satan.
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Richard Werner retweeted
This is the Gaza model.
Israel's Defense Minister Katz, on camera:
"More than 60 villages in southern Lebanon... are destroyed."
"Twenty-three thousand houses, all destroyed, demolished."
"There are no residents there. Two hundred thousand residents are outside."
"This is the Gaza model. And this is the model we are implementing."
He is not hiding it.
He is PROUD of it.
Now imagine a Russian minister saying this about Ukrainian villages.
Sanctions. Tribunals. Wall to wall coverage.
In the WEST > silence.
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C'mon, what's the big deal. The bond crash was inevitable, irrespective of Japan, as warned last year here rwerner.substack.com
And there is essentially no connection between the Japanese government liabilities to pay coupons (the lowest in the world) on its outstanding bonds and FX. What do you think is the connection?
🚨 Japan is About to Nuke the Global Economy
Very dangerous statements are coming out from Japan right now.
BOJ Governor Kazuo Ueda has gone on-record and warned that Japan can no longer tolerate rising inflation, and says that interest rate hikes are inevitable.
Finance Minister Katayama says, “Will act without hesitation if necessary and WON'T HESITATE TO TAKE ACTION ON FX IF NEEDED.”
This is a clear signal from Japan that the U.S. interventions are over.
Why?
Japan was about to end its era of free money and initiate the catastrophic carry trade unwind. The BoJ and Finance Minister threatened of bold actions and Yuto even apologized for the measure prepared.
Then boom…. U.S. Treasury Secretary directly intervened and took over BoJ operations. He stopped Japan from dumping their $1.4 Trillion Treasury holdings and instead asked the FED to lend Japan U.S. dollars to dump it and try to save the yen.
IT ALL FAILED. Yen is falling back to pre-intervention levels.
Rates are surging while the yen is falling.
Scott Bessent Also Gave A Terrifying Statement For The Markets: “I cannot control the bond market”… and “the house doesn’t win every hand.”
When asked if he regrets saying “I am the house now,” Scott Bessent admitted that the house doesn’t win every hand.
Just One Tokyo fund (Sumitomo Mitsui DS) broke the French Bond Market by liquidating their bond holdings to ZERO.
Japan will need to set aside roughly ¥100 billion ($630 million) per day just to cover interest and debt redemptions next fiscal year.
Japan’s debt servicing bill only suggests that BoJ liquidating their U.S. Treasury holdings is very close.
If Japan’s @yutokanzakireal warning indeed happens, we are going to see the biggest global financial bloodbath in decades.
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Richard Werner retweeted
Zevenor Gordon, a sexual predator, has been jailed for 16 months for sexually assaulting 6 schoolgirls and women in London.
Paul Powlesland, an environmental lawyer, is facing 2 years in prison for cleaning and removing garbage from the London river without a license.
British justice system is broken.
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In 1837, the US president, who had run on the ticket to abolish the central bank and won the election, actually did abolish the central bank. For a quarter century there were no regulations concerning banking. Thousands of banks were created. The economy delivered high economic growth for decades, overtaking the leading economic power, the UK, by 1900.
The freest banking era in American history also delivered the most stable prices Americans ever experienced, and the federal government had almost nothing to do with it.
Between 1837 and 1863, the United States operated without a central bank after Andrew Jackson killed the Second Bank of the United States. Jackson understood monetary economics better than every Federal Reserve chairman combined, despite his inability to read a balance sheet.
What actually happened? Hundreds of competing state-chartered banks issued their own notes. Suffolk Bank in Boston built a private clearinghouse network that disciplined reckless lenders without a single bureaucrat collecting a salary to do it. Banks that over-issued notes faced redemption pressure from competitors. Imagine that: accountability enforced by markets instead of congressional testimony nobody acts on.
The price level in 1863 sat roughly where it sat in 1837. This represents 26 years of near-zero inflation. The Fed has destroyed over 96% of the dollar's purchasing power since 1913.
Critics called free banking chaotic because bank runs happened. Bank runs also happen under central banking (IndyMac, 2008), except now you get to bail out the gamblers with your tax dollars. The chaos argument collapses the moment you ask who pays for the "stability." You pay. Every year. Through currency depreciation that never appears on any bill the government sends you.
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Well put, Chris
Is the US under attack right now? I think so.
Tankers keep getting hit, Hormuz stays shut, and Russian refineries keep getting targeted. Eight months in, Trump says he can end the war anytime he wants... but hasn’t.
The purpose of a system is what it does. What this one is doing is systematically degrading global energy and fertilizer flows. Same pattern as the COVID response: maximum harm, minimum public health.
If they wanted a different outcome, they’d be doing different things.
Full video: peakprosperity.pulse.ly/yqxi…
#energy #economy
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