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Hotter-than-expected August CPI and quarterly options/derivatives expiration made for a toxic mix. “Core” CPI was reported up 0.6% for the month (7% annualized!), double estimates.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Things are coming thick and fast as Germany attempts to avoid a collapse of its energy market
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Germany is looking to take over three major energy companies as a way to avert a potential collapse of the country's energy market after Russia's invasion of Ukraine.