We know what’s coming and we are prepared.
🚷 🇳🇱 📊 Die Welt has an interview with a co-author of the groundbreaking Dutch study on the net economic costs of immigration, which has sparked a huge controversy in the Netherlands. The top line finding is that immigration has cost
🔶️ the Dutch state an average of €17 billion per year since 1995, mainly in providing generous welfare benefits to unemployed migrants. Work migrants from Western (blue) & non-Western (black) are the only net contributors. Asylum seekers are the biggest net drain.
🔶️ The other finding is that migrants who don't integrate into the labor market stay in the Netherlands the longest, along with migrants who arrive for family reunification. Immigrants who adapt successfully tend to take their skills and leave the Netherlands,
🔶️ often heading to the US or UK where salaries are higher and taxes lower. Study co-author Jan H. van de Beek describes the system as a sort of welfare magnet in which the least-integrated immigrants stay the longest and cost Dutch taxpayers the most.
🔶️ The University of Amsterdam, which employs some of the study's authors and helped finance it, has since distanced itself from the study, since pointing to any downsides of immigration, no matter obvious and empirically demonstrable, is still taboo among mainstream circles.
🔶️ This, of course, is part of what drives European voters to populist-right parties -- the disconnect between what they see and experience every day and the airbrushed world within the "opinion corridor" (to use the Swedish term) of opinions deemed socially acceptable.
🔶️ Given what we know about immigration in Germany, the results of a major study like the Dutch one would yield nearly identical results here. Which is why it will very likely never happen. The objective reality of the effects of German immigration policy would be too disturbing.
📎 Andrew Hammel
🇺🇸🇮🇷⚡️- “U.S. Central Command (CENTCOM) completed another round of strikes against Iran at 9 p.m. ET, July 20.
U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran's ability to continue attacking commercial vessels flowing through the Strait of Hormuz.
Commercial vessel transits through the vital international maritime corridor continue. Since early May, CENTCOM forces have helped facilitate the transit of approximately 900 commercial vessels and 450 million barrels of crude oil.
American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait.” - U.S. Central Command.
“This is insane!” — A new vaccine is on the market called VAXELIS lt has 6 VACCINES in ONE SHOT for 6-WEEK-OLD BABIES...6 Infants Died In Trials.
How can this be allowed to happen ?
Dr. Jeff Barke
Mike
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🌆 Market News Digest
[2026-07-19 17:00–2026-07-20 16:30 EST]
🔥 Top Stories
• U.S.-Iran conflict escalates — fresh U.S. strikes, Iranian retaliation, and talks/ceasefire chatter keep markets on edge
• Oil surges on Hormuz risk — Brent topped $90 intraday, WTI near $83, with tanker incidents and Saudi/Hormuz shipping threats
• Trump escalates pressure on Iran — says Iran will “pay” for U.S. deaths; U.S. adds aircraft and signals next campaign phase
• Canada CPI cools — headline CPI eased to 2.8% y/y, supporting easier BoC path and denting CAD
• UK government reset — Starmer resigned; Burnham took over with a reshuffled cabinet, pledging fiscal rules but more flexibility
⛽ Oil & Energy
• Tankers hit / shipping disrupted — fires, explosions and drone threats in Strait of Hormuz, Bahrain, Kuwait and off Oman
• Chevron shuts Petronius output — Gulf platform shut-in as storm risk adds to energy supply worries
• CPC oil loadings suspended — attacks on tankers halt Kazakhstan ...
⛽️ While the price of crude oil is still below the prices seen during the peak of the 3rd Gulf War fighting, diesel prices on the other hand are surging and surpassed their peak in May.
Diesel is the most important fuel for the global economy, widely used in agriculture to fuel tractors and combine-harvesters.
@CIG_telegram
