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Nick

@macrotragedy.bsky.social

What the name says really, a macro view of things with a slightly pessimistic twist... https://macrotragedy.blogspot.com/ https://macrotragedy.substack.com/

175 Followers  |  127 Following  |  739 Posts  |  Joined: 21.09.2023  |  2.0657

Latest posts by macrotragedy.bsky.social on Bluesky

Against Freddy Peralta, no less! #Cubs

10.10.2025 09:42 — 👍 0    🔁 0    💬 0    📌 0

🤞🤞

#UTFT

13.09.2025 14:00 — 👍 1    🔁 0    💬 0    📌 0
Are Russian drones in Poland a warning to Nato? | BBC News
YouTube video by BBC News Are Russian drones in Poland a warning to Nato? | BBC News

The actual content is not as naive as the title would suggest.

music.youtube.com/watch?v=bbt_...

13.09.2025 13:18 — 👍 1    🔁 0    💬 0    📌 0
Bouga - Belsunce breakdown
YouTube video by DestinyAdvisor Bouga - Belsunce breakdown

www.youtube.com/watch?v=tX29...

10.09.2025 20:44 — 👍 0    🔁 0    💬 0    📌 0
Preview
Chevron bids in tender for gas exploration offshore Crete | eKathimerini.com US energy giant Chevron has expressed a formal interest in exploring for natural reserves south and southwest of Crete.

Chevron bids in tender for gas exploration offshore Crete.

www.ekathimerini.com/economy/ener...

10.09.2025 16:40 — 👍 2    🔁 0    💬 0    📌 1
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And here's the bigger picture.

The fact that Greece's manufacturing sector has been, more or less, treading water for the past 10 months or so, is also evident in this chart.

10.09.2025 16:39 — 👍 1    🔁 0    💬 0    📌 0
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Breadth for the whole of the Industrial sector worsened, MoM, in July, as 14 sub-sectors registered YoY increases in their respective production indices compared to 20 in June.

10.09.2025 16:38 — 👍 1    🔁 0    💬 0    📌 0
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Greece, Manufacturing - Production Index --> +0.53% YoY in 2025M07

The anemic performance of Greece's manufacturing sector post-2024M10 continued in July. The drop in the 12-month MA underlines the fact.

10.09.2025 16:38 — 👍 1    🔁 1    💬 0    📌 0
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EU countries, Nights Spent at Tourist Accommodation Establishments - 2025M06 (YoY % change) --> Greece registered the 6th worst reading among our EU peers in June. Let's hope that things picked up during the rest of the high-season months. 🤞🤞

10.09.2025 15:56 — 👍 1    🔁 0    💬 0    📌 0

Love this one! 😂😂

07.09.2025 08:25 — 👍 1    🔁 0    💬 0    📌 0
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Greek airports set for major revamp | eKathimerini.com Greece plans sweeping upgrades to its airports and air traffic systems to address two major problems – outdated security infrastructure and persistent flight delays – Transport Minister Christos Dimas...

Greek airports set for major revamp.

www.ekathimerini.com/economy/1279...

05.09.2025 16:29 — 👍 1    🔁 0    💬 0    📌 0
Preview
Greece, OpenAI agree deal to boost innovation in schools, small businesses Greece and OpenAI signed a memorandum of understanding on Friday to broaden access to AI tools in secondary education and foster innovation among small businesses, the U.S.-based artificial intelligence company said.

Greece, OpenAI agree deal to boost innovation in schools, small businesses.

www.reuters.com/technology/g...

05.09.2025 16:28 — 👍 0    🔁 0    💬 0    📌 0
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Finally, H/holds' Final Consumption recorded another not that hot print, the 2nd in the last 3 quarters.

05.09.2025 16:28 — 👍 0    🔁 0    💬 0    📌 0
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As for which Gross Fixed Capital Formation components account for the YoY growth recorded in 2025Q2, the largest positive contributor was Transport Equip., followed by Dwellings and Other Buildings & Structures while Machinery & Equipment slowed down significantly and ICT equip. outright contracted.

05.09.2025 16:27 — 👍 0    🔁 0    💬 0    📌 0
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Contrary to Gross Capital Formation, Gross Fixed Capital Formation grew again YoY (after dipping in 2025Q1) in 2025Q2, which means that the large drop in Gross Capital Formation was due to a decrease in Inventories.

05.09.2025 16:26 — 👍 0    🔁 0    💬 0    📌 0
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Moving on to each GDP component's contribution to the headline growth figure,the largest positive contributor were Imports (i.e. they decreased YoY) followed by Services Exports and H/holds' Final Consumption Expenditure.On the other hand,the largest negative contributor was Gross Capital Formation.

05.09.2025 16:26 — 👍 0    🔁 0    💬 0    📌 0
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Greece - GDP (YoY % change, 2020 chain-linked volumes) --> +1.7% YoY in 20205Q1

This is the slowest YoY growth rate that Greece's GDP has recorded post-2021Q2 (i.e. when the post-Covid recovery started).

05.09.2025 16:24 — 👍 1    🔁 0    💬 0    📌 0
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Euro Area 20, Retail Trade excl. Motor Vehicles & Motorcycles - Volume Index --> +2.2% YoY in 2025M07

The recovery of consumer spending on Goods, in the Euro Area, continues.

Let's see if Greece too will follow that trend.

04.09.2025 16:31 — 👍 0    🔁 0    💬 0    📌 0

> σε σχέση με εκείνα των υπόλοιπων χωρών της ΕΕ, όχι μόνο η ανεργία.
Σχετικά με την μηνιαία Labour Force Survey ακόμα κ τα αναθεωρημένα στοιχεία που δημοσιεύτηκαν την 1/9 παρουσιάζουν, imho at least, αυξημένο volatility γι'αυτό κ προσωπικά δεν ανέβασα charts γι'αυτά αλλά μόνο για τα 3μηνιαία.

04.09.2025 16:09 — 👍 1    🔁 0    💬 0    📌 0

Πριν το 2022, όταν ήταν σε ισχύ ακόμα το enhanced surveillance, αν δεν κάνω λάθος πριν δημοσιευτούν στοιχεία από την ΕΛΣΤΑΤ έπρεπε να εγκριθούν από την Eurostat. Αλλά πλέον οχι.
Γενικά, βάσει της (όποιας) δικής μου εμπειρίας όλα τα οικονομικά μεγέθη της Ελλάδας έχουν μεγαλύτερο volatility >

04.09.2025 16:05 — 👍 1    🔁 0    💬 1    📌 0
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Moreover, Manufacturing posted the most significant YoY jobs gain since 2022Q2, after essentially treading water (jobs-wise) for 6 quarters or so.

03.09.2025 15:38 — 👍 1    🔁 0    💬 0    📌 0

> said issue was, seemingly, resolved.

03.09.2025 15:37 — 👍 1    🔁 0    💬 0    📌 0
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It's worth highlighting that the Construction sector, despite the significant slowdown it experienced these past few months (following StE's ruling) not only didn't decrease its headcount but added more jobs at a healthy clip, with the said pace increasing significantly in 2025Q2 when the >

03.09.2025 15:36 — 👍 1    🔁 0    💬 1    📌 0
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Here's each sector's contribution to the 2025Q2 headline jobs figure.

03.09.2025 15:34 — 👍 1    🔁 0    💬 0    📌 0
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Greece - Employment (YoY change, 000 persons) --> Job Creation, in YoY terms, picked up slightly in 2025Q2 as 59K new jobs were created compared to 43.4K in 2025Q1. But this figure still represents a slowdown compared to 2024. Let's wait and see what lies ahead. 🤞🤞

03.09.2025 15:33 — 👍 1    🔁 0    💬 1    📌 0

Let me help you,the year before last 😇 Ok,let me rephrase that, imagine being thrown out of the contention race by a Dyche squad 😎

Btw,I absolutely love malarkey as a word. I believe in good footy but the state we were in these past 3 years has made me appreciate that results trump everything else.

03.09.2025 15:18 — 👍 0    🔁 0    💬 0    📌 0

Touché 😂 Now imagine losing out on a league title b/c of a loss against such a side 😇

03.09.2025 09:27 — 👍 0    🔁 0    💬 1    📌 0

I bet you do mate 😂

03.09.2025 09:23 — 👍 1    🔁 0    💬 0    📌 0

‪> P.S. Didn't you guys use to tease us saying that Chang stands for "Can't Have A New Ground"?

Well, that one didn't age well, did it? 😎

02.09.2025 21:15 — 👍 0    🔁 0    💬 1    📌 0

You guys are not big on modesty, are you?? 😂 As for Everton, personally I'm happy with what I'm seeing on the field right now and that we seem to be moving in the right direction. Fingers crossed this keeps! 🤞🤞

02.09.2025 21:14 — 👍 0    🔁 0    💬 2    📌 0

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