Crazy to believe that in 2026, #Romania will be one of the top spenders amongst EU member on interest payments. Low revenues (bellow 35% of GDP) coupled with a high deficit (9,35% in 2024), high 10y yields (highest in the EU) brought us here. #econsky #econ

#Romania is the EU champion by far when it comes down to the budgetary deficit. In October 2024, as part of the European Semester, we published our fiscal plan, wow, crazy, lovely targets, bring the deficit down do 7,0% in 2025. #econsky

Probably the craziest #inflation story in Europe is Romania. Household electricity prices are up 68% in august 2025. Why? #econsky

I take my investment research only from @alphaville.ft.com and Wallstreetbets and by talking to the crackheads down the street. The age of quant bla bla however you write it are over. long live the memes.

Every place I visit mandates me to visit at least one bookstore. When I do not speak the local language I look for English ones.

In #Madrid I stumbled upon this gem, Desperate Literature, where I bought Pla’s masterpiece - Life Embitters.

grape picking 🍇