Ghost of Truth

Piglet from Epicurus' herd. I believe in uncensored freedom of speech. #Bitcoin is the antidote to the #FiatPonzi
#Geopolitics #News #Economy

Public Key

npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprv

NIP-57 Address

ghostoftruth@getalby.com

Profile Code

nprofile1qqsgv0ev24f8d60dwwyn8v80ae4syyzz79hp22waw4tsfzzmsllwrqcpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqguwaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skcwy3mu3

Publishing to

relay.nostr.band

nostr.bitcoiner.social

relay.damus.io

Author Public Key

npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprv

Show more details

Last Notes

2024-09-15 09:54:46

- reply

Hi, I'm studying this mechanism. We need more info to draw a conclusion. But surely it is a step towards mass surveillance...

2024-09-07 18:40:27

This is the #carnivore diet in #Spain - Jamón Serrano. https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/79965d279b2e36bb8c10d474f76de1afdfcd32f11c1906d74cf6b2c7f9b972db.webp
#FeriaRonda

2024-09-06 21:43:56

- reply

The Fed left the consensus IMO. With SOFR they even showed the BoE the middle finger

2024-09-06 08:05:31

Eurozone Industry Faces Steep Decline
The latest figures from the Eurozone reveal a troubling reality—Europe's industrial core is rapidly unraveling. While Germany continues to dismantle its own industrial base, France is now slipping deeper into recession, with dismal industrial performance. Once the engine of global manufacturing, the Eurozone seems on a fast track to becoming an industrial museum, incapable of competing on the world stage.
In Germany, July’s industrial production dropped by a staggering 2.4% month-on-month, far below the previous 1.4% rise and significantly worse than the expected -0.5%. On a year-on-year basis, the fall was even more dramatic at -5.3%, a clear deterioration from the previous -4.1% and well below the forecast of -3.5%.
Meanwhile, France's industrial output also fell short of expectations, declining by -0.5% month-on-month, compared to a forecast of -0.3% and a previous gain of 0.8%.
These alarming numbers explain why Eurozone policymakers are now almost begging for interest rate cuts. Pressure on the U.S. Federal Reserve to slash rates is likely to increase as Europe scrambles to avoid further erosion of its competitive edge in global markets. For European leaders, keeping the interest rate spread with the U.S. narrow is crucial to prevent further capital flight and ensure the region remains attractive for investments.
#Eurozone #IndustrialDecline #Germany #France #InterestRates #FederalReserve #Recession #Manufacturing
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/53f05990a26461244d6e50929693196d3a44174def4200e6bfb2b6e0ac9f3c31.webp

2024-09-05 20:20:16

Der neue Jet von Musk🤣🤣👍👍👍👍 https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/2600e32114c7f1a9724961a3bd683abc135aa742d89071cc93ce5202759e2c0d.webp

2024-09-05 07:35:49

Isn't it a sign of intellectual and cultural devolution if, in 2024, people still believe that wealth can be created with a centrally controlled central bank interest rate? The mania with which market participants, the media and politicians stare at central bank decisions is just too scary, as it is an expression of the fact that we are stuck in a system that only serves to exploit the middle class. It seems that we as a community can only learn through painful events and then take appropriate evolutionary steps to repair the systemic damage and move forward intellectually and in system design.
#fed #ECB #monetarypolicy #inflation #cantilloneffect

2024-09-01 07:48:32

#Communism is a brain disease!
GM to all freedom lovers https://image.nostr.build/efcbd5a88d0f2013601c38a8b4ce5ce38318b569047b49f4e10bd8aefb709ace.jpg

2024-08-31 16:14:22

On the #invasion crisis in the #EU: there is no moral obligation to commit collective cultural suicide! nor is there any kind of historical heritage.

2024-08-31 08:31:22

- reply

Exactly. We need to grow these communities of trust

2024-08-31 07:36:04

Too much politics these days. Politics, politicians everywhere. Hand in hand with their vicarious agents in the mainstream media, they convey to us the so-called primacy of politics, as if they were an indispensable part of our lives as free citizens. With the money printer, they convince the wavering, the slightly critical and make them dependent and on their side.
This tendency accelerates until it irreversibly leads to the catastrophe of a society - think of the fall of the Soviet Union or East Germany, where people thought days before: everything is irrevocably lost, everything is going downhill. There is hope, it sprouts everywhere, in the young generation, in those who do not accept to live their hopeless existence as public servants or recipients of handouts from the state. Defund the state! Let's get back on the path of civilizational evolution.
#socialism #wokism #hope #nostr #bitcoin

2024-08-30 10:27:00

Escalation: Are We Sleepwalking into a Major Conflict?
The slow and covert escalation in the Ukraine war is barely making headlines, leaving the public in the dark. What’s happening behind the scenes is far more dangerous than most realize. The latest developments suggest that the UK, USA, and Europe are edging dangerously close to direct involvement in a full-scale conflict with Russia. The recent decision by the Pentagon to allow Ukraine to strike deep inside Russian territory using ATACMS missiles—with U.S. satellite guidance—marks a significant and perilous shift.
Moscow has made it clear: "Washington is now a direct party to the war."
It's time for the public to wake up and understand the gravity of these actions before it’s too late.
#Geopolitics #UkraineConflict #USForeignPolicy #RussiaUkraineWar #MilitaryEscalation

2024-08-30 10:10:56

BRICS Trade: Renminbi Rising Amid Dollar Woes
The global shift away from the US dollar continues to gain momentum within BRICS trade, with a significant pivot toward the Chinese renminbi. As China strengthens its economic ties with Russia, its currency is rapidly becoming a preferred choice in international transactions, signaling a bold move towards de-dollarization.
Recent data reveals that in July, over half (53%) of China's cross-border transactions were conducted in renminbi, a significant rise from 40% just two years ago. This shift is a clear indicator of China's strategic push to reduce dependency on the US dollar. It’s no wonder the Federal Reserve is scrambling to stabilize the dollar amidst a challenging high-interest-rate environment.
At the same time, it's fascinating to observe how the U.S. is doubling down on its efforts to dollarize countries like Argentina and expand its influence through dollar-denominated stablecoins in other regions. These are two opposing forces at play, and it remains to be seen how they will ultimately balance out in the global economy. https://image.nostr.build/15a65ac0c92bd648ee7334e63a6f557f28eaecc55a0f2d95983e2916651b5379.jpg
#DeDollarization #BRICS #Renminbi #ChinaEconomy #GlobalTrade #Dollarization #Stablecoins

2024-08-26 11:37:05

- reply

Please read it again. Is it ok for You that hundreds of thousand of Ukrainians are dying for the military complex and the fiat credit system? I have another pov

2024-08-26 11:35:09

New Zealand Abandons Green Energy Fantasy, Embraces Oil and Gas for Stability
New Zealand is making a dramatic pivot, reversing a 2018 ban on offshore oil and gas exploration as renewable energy fails to deliver consistent results (law is in the parliament now to be embraced). The sudden move comes in response to soaring energy prices and severe shortages that have crippled the nation’s economy. Prime Minister Christopher Luxon emphasized the need for pragmatic solutions, pushing for the reintroduction of oil and gas projects to secure the country’s energy future. The reversal marks a significant shift away from the previous government’s green agenda, underscoring the importance of energy reliability over ideology.
Even the most stubborn and stupid green Marxists reach their limits in the reality of scarcity and collide with reality...
#EnergyCrisis #OilAndGas #NewZealand #EnergySecurity #EconomicStability

2024-08-21 10:33:57

Japan's real estate market is already suffering from the demographic cliff the country has gone over. The same fate is soon to befall Europeans. It looks like the Germans are lagging behind other Europeans in terms of wealth creation due to their low property ownership rate. If the real estate bubble bursts in Europe, this too will be history and everything will find itself at the bottom.
The Germans, the big holders of cash, will be in for another shock when inflation picks up and kills their purchasing power. This process is already brewing in the commodity markets that are slowly bottoming out. Dark clouds are gathering...
#Japan #Europe #Realestate #recession
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/00e0804a96f6d79fe6cabfb9c79029b2700e18476b42324de2a9af8b44192ada.webp https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/85f4c2394bb066e3438040f81240e06e2c9e7fe797741b3c508b8e8a0da0b999.webp

2024-08-21 09:33:58

U.S. Lawmaker Slams EU Over Attempts to Censor Political Speech on X
In a forceful move, Representative Jim Jordan sent a letter last week to Thierry Breton, the European Union's Commissioner for the Internal Market, denouncing Breton's threats against Elon Musk, owner of the social media platform X, formerly known as Twitter. Jordan’s letter comes in response to Breton’s warning that Musk could face legal consequences if he fails to censor an interview with former U.S. President Donald Trump on the platform. Jordan, representing the GOP, condemned these threats as an unacceptable intrusion into the political discourse of the United States.
"Given your recent punitive actions against the American company X Corp. for facilitating political discussions in the United States, we demand in writing that you cease any attempts to intimidate individuals or organizations engaged in political speech within the U.S.," Jordan wrote on behalf of the House Judiciary Committee.
The letter accuses the EU of attempting to "censor prominent Americans like Elon Musk," and it further threatens an investigation should the EU continue to meddle. According to the New York Post, Jordan has also subpoenaed the U.S. State Department for documents related to its communications with the EU, which could shed light on potential online censorship efforts.
The EU's demands for censorship have sparked outrage among conservatives in both the U.S. and the EU, with many accusing Brussels of trying to undermine Donald Trump’s presidential campaign. Trump himself speculated that the EU's actions might be driven by opposition to his isolationist trade policies. "The European Union should focus on its own affairs instead of attempting to interfere in U.S. presidential elections," said Steven Cheung, a spokesperson for the Trump campaign.
Cheung further criticized the EU, stating, "The European Union is an enemy of free speech and has no authority to dictate how we conduct our elections."
#EU #Musk #X #USA #Freedom

2024-08-21 06:46:03

That's fake news!
#nevent1q…57f5

2024-08-20 21:24:58

- reply

Yep. It's the big avalanche

2024-08-20 17:07:16

It is almost palpable how the #EU Europeans are desperately trying to adjust their #China policy in line with the geopolitical situation. Gradually, the realization is seeping in that China should not be messed with, as China is likely to be the gateway to the #BRICS states and their currency area and credit system. The accelerated integration of the euro as an international settlement layer has certainly accelerated this realization. The stabilization of this currency is unlikely to be possible without the BRICS. In the long term, the euro is a candidate for death anyway. #tradewar

2024-08-20 15:35:25

#Bidenomics at work: first data is falsified, then come the catastrophic revisions. Let's see if the framework of lies can hold until the election date! #Harris #dnc https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/e88719240c63c7a69e03f139bee81324a2ddcb59cf7dddcf397340120d833cf7.webp

2024-08-20 10:07:23

it is interesting and frightening to see that political patterns of behavior repeat themselves in history. as soon as the economy gets into trouble, politicians of all colors resort to surveillance methods, repression of opinion and suppression of individual freedom. #freedom #socialism #bitcoin

2024-08-20 10:04:30

If the number of website visits to luxury consumer goods is an indicator of the state of the economy, we're approaching #recession pretty quickly in the #USA too. https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5a127000f53fe86fe325b0109ceb5a998f5d4afe36085aa0175bfb20058cc87d.webp

2024-08-20 09:58:47

Eurozone: Inflation Holds Steady
The European Central Bank's latest inflation data reveals a stable trend across the Eurozone, aligning precisely with market expectations. The Consumer Price Index (CPI) on a year-over-year basis remains unchanged at 2.6%, matching both the forecasted and previous figures. On a month-over-month basis, the CPI shows no growth, coming in at 0%, consistent with predictions, though down slightly from the prior month's 0.2%.
#Inflation #Eurozone #ECB #Economy #CPI #FinancialStability

2024-08-20 08:48:17

- reply

And a stable VPN

2024-08-20 07:52:00

the loss of confidence of the masses in the stability and integrity of the existing political and monetary system is dramatic
#nevent1q…7fyn

2024-08-20 06:35:39

EU Threatens to Ban Elon Musk's X Platform Over Digital Service Act Violations
In a bold move, the European Union is prepared to take drastic action against Elon Musk's social media platform, X, if it fails to comply with the EU's stringent digital regulations. Sandro Gozi, a prominent member of the European Parliament and part of Emmanuel Macron's Ensemble coalition, has made it clear that the platform must adhere to the Digital Services Act (DSA), specifically its rules on hate speech and disinformation, or face severe consequences.
Speaking to the Italian newspaper La Repubblica on August 19, Gozi emphasized the EU's firm stance, stating that if X does not comply with the DSA's guidelines, the European Commission will be forced to request service providers across the continent to block the platform. In the most extreme scenario, the platform could be entirely dismantled within the EU.
Gozi justified the necessity of strict content moderation, arguing that such measures are essential to curb the rise of political violence and the far-right movement. "Online violence often translates into real-world violence," Gozi explained. "The far-right hides its aggression behind the guise of free speech. Platforms must take responsibility and moderate hateful content."
These comments follow a recent open letter from EU Commissioner for Internal Market Thierry Breton, who urged Musk to censor a recent online exchange he had with former U.S. President Donald Trump. Breton warned of potential penalties under the DSA if Musk fails to comply.
The EU's stance has sparked controversy, with U.S. politicians accusing the bloc of interfering in American politics. The House Judiciary Committee recently called on Breton to refrain from what they perceive as undue influence over U.S. matters.
The European Union is reacting to the growing financial crisis, the growing recession and the criticism of centralism with increasingly repressive means. This is a path that can only lead to the abyss and will massively damage European society. The fight for freedom of expression is underway!
#EU #controlstate #brussels #DSA #socialism #freedomofexpression #x

2024-08-20 05:32:00

How the state cheats with the inflation rate
Only politicians, economists paid by the state (i.e. almost everyone) or journalists writing on behalf of the state and in their ideology believe the inflation data as it is published. Of course, the CPI number understates the true price increase across the board.
As the chart shows, it is primarily the goods and services of daily use, which we cannot escape, especially those in the lower income brackets, that are killing their purchasing power. The state is the big profiteer, as it benefits above all from indirect taxation by making a big grab at VAT through inflated nominal gross domestic product.
It's like Milton Friedman said: if you want to know how high the actual taxation is, you also have to factor in the national debt. Because we pay for this through tax increases or inflation, through the planned debasement of money. This seignorage transfer from the private sector to the state is the real robbery, as it is neither explained nor even unveiled by the media or 'science'. Without knowing what is happening to them, ever larger sections of the middle class are slipping into dependency on the state juggernaut through the theft of purchasing power.
#inflation #cpi #fed #socialism #fraud
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/accb3fb06688da34ad7842d17ea10432f11c4c065d30c26d8f8affc7c8e9268c.webp

2024-08-19 07:32:47

- reply

Well done🤣👍👍

2024-08-18 20:54:09

Ceasefire Collapse: Netanyahu Faces Backlash Over Gaza Talks
In the latest chapter of the Gaza conflict, ceasefire negotiations have officially collapsed, with Hamas laying the blame squarely on Israeli Prime Minister Benjamin Netanyahu. Following two days of discussions in Doha, which saw Hamas absent from the table, the group accused Netanyahu of deliberately stalling the peace process.
The sticking points, according to Hamas, include Netanyahu's refusal to agree to a permanent ceasefire and his insistence on maintaining control over strategic areas. These new demands have been interpreted as a move to prolong the conflict, further complicating the already tenuous situation in Gaza.
Hamas has called on international mediators to enforce the terms of the July 2 agreements, criticizing Netanyahu for what they see as a calculated effort to undermine peace talks and a potential prisoner exchange.
As the conflict drags on, the window for a diplomatic resolution seems to be narrowing, raising concerns about the future stability of the region.
#GazaConflict #Diplomacy #MiddleEastPolitics #Israel #Hamas #InternationalRelations

2024-08-18 18:38:25

US labor market: Can the camouflage be maintained until the election date?
The latest labor market figures from the US showed a non-linear rise in the unemployment rate for the first time, from 4.1% to 4.3%. Of course, the official figures conceal the true state of the labor market, which is much more fragile and offers far fewer full-time jobs than it appears. Massive government spending, financed by gigantic debt programs, also conceals the reality in this segment of the economy.
The only question is whether the government will manage to maintain this camouflage until the election date in November, or whether the economic disaster will strike before then. But good Kamala has her economic wonder weapons (communism, of course) already prepared and will counterattack inflation with gigantic gov spending and price controls (s.o. here remembers the edicts of Diocletian??).
Whichever is in office afterwards, it will be an economic shambles without equal. America is facing gigantic debt problems and needs a reformer to lead the country back to a pure market economy with a private sector formation of capital to counteract the initiated gigantic misallocation of resources of the past decades.
The woke-green colored socialist experiment has failed and soon people are once again being asked to take their lives into their own hands and no longer rely on the eternal support of the state and its welfare bureaucracy, which is collapsing before our eyes due to exploding payment obligations. The family as a sphere of proteccion, the best and only immune system we have, will lead us out of the commie hell (again).
The era of money printing orgies is coming to an end and with it the Green New Deal, this mentally fragile foundation of current policy, which must also be seen against the background that the state wants nothing more than to create artificial nominal gross domestic product in order to keep the escalating national debt under control. This experiment can also be considered a failure, as the gigantic misallocations on the capital market are now coming to light. ESG has failed and the commies will naturally ask themselves how this could have happened, even though they had all their wits about them and developed the best plans to lock the masses into this narrative and plunder them.
But these vandals won't leave the stage without a big fireworks display, so everyone needs to be mentally and financially prepared for it to get very dark before the sun can rise again.
#USA #europe #socialism #greennewdeal #labormarket #esg https://image.nostr.build/d5db2fbf05efcc8bcd7a7e9a5a8e6d12a38d7d54e29cf8d46a7e723212f6002f.jpg
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/ac8bc32035d2e0baac9ac9a2e9713184e25be3aa2bd2308244893559d057d142.webp

2024-08-18 08:35:52

https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/9c57362fd91aa11ed7f2ec16eacd7d4074c6a1268d3fc74ae3ff735d35c42c40.webp BRICS grow into a strong energy alliance with growing pricing power
August 18, 2024
The BRICS nations—Brazil, Russia, India, China, and South Africa—are accelerating efforts to reduce reliance on the U.S. dollar, with potentially seismic implications for global energy markets. As the petrodollar system—the practice of selling oil exclusively in U.S. dollars—comes under increasing strain, BRICS is laying the groundwork for a new economic order, compelling the U.S. and Europe to reconsider their energy strategies. Yet, despite these significant developments, the West has been strikingly slow to recognize the profound impact this shift could have on global energy markets and economic stability. The question now looms: how long can the U.S. and Europe afford to overlook this growing threat?
The End of the Petrodollar
For decades, the petrodollar has been the bedrock of U.S. economic power, ensuring that global oil transactions bolstered demand for the dollar and solidified its status as the world’s reserve currency. However, BRICS nations, increasingly wary of the U.S. leveraging its currency dominance as a geopolitical tool, are mounting a serious challenge to this system. By promoting alternative currencies in energy transactions and encouraging bilateral trade in national currencies, BRICS is actively undermining the petrodollar's dominance.
Saudi Arabia’s recent discussions with BRICS leaders about accepting non-dollar currencies for oil sales mark a critical turning point in this ongoing shift. Should this trend continue to gain momentum, it could seriously weaken the dollar's grip on global energy markets. The U.S., in turn, might find itself forced to adopt a more traditional energy policy, one that focuses less on financial leverage and more on securing physical resources.
A Return to Traditional Energy Policies
As the petrodollar's influence erodes, the U.S. is confronted with a stark new reality: the green energy transition, once heralded as the future of American energy policy, may no longer be sustainable without the economic advantages provided by dollar hegemony. BRICS, with its consolidated energy alliance, is poised to exert significant control over global energy prices, potentially driving up costs for the U.S. and Europe. In response, the U.S. may be forced to pivot back to more conventional energy sources, such as domestic oil and gas production, to meet its energy needs.
This potential shift would represent a significant retreat from the ambitious green energy goals that have defined recent U.S. policy. As economic pressures from higher energy prices and reduced dollar influence mount, large-scale investments in renewable energy could become increasingly untenable. The U.S. "green dream"—a future powered by renewable energy and electric vehicles—could be in jeopardy, as the need to maintain economic stability brings traditional energy sources back into focus.
Europe Faces Energy Squeeze
Europe, too, finds itself in an increasingly precarious position. Heavily dependent on energy imports, many European countries are vulnerable to the rising influence of BRICS in global energy markets. As BRICS nations increasingly dictate energy prices, European economies, already burdened by high energy costs, could face even greater challenges.
The euro, like the dollar, could come under intense pressure as the petrodollar system erodes and energy prices climb. Without the buffer provided by abundant energy reserves, European countries may struggle to maintain their economic competitiveness. The European Central Bank might find it difficult to stabilize the currency amid escalating energy costs, potentially leading to austerity measures and dampened economic growth across the continent.
BRICS Takes Control of Energy Pricing
As the BRICS countries continue to consolidate their energy resources and strengthen coordination, their ability to set global energy prices is growing. This newfound pricing power challenges the traditional dominance of Western markets and adds further strain to fiat currencies like the dollar and euro. Through their strategic energy alliance, the BRICS nations are not only securing their own economic futures but also reshaping global power dynamics in their favor—a development that, surprisingly, has yet to fully register in Western capitals.
Africa’s Shift from Colonial Influence
This shift in global power is also being felt in Africa, where nations are increasingly breaking free from the colonial influence of powers like France. Recent developments in Niger, where the government has refused to continue supplying uranium under the long-standing terms dictated by France, exemplify this trend. For decades, France has maintained control over its former colonies through economic mechanisms, including the use of the CFA franc, a colonial currency that has long been a symbol of French influence in Africa.
However, this influence is rapidly eroding as more African nations seek to assert their sovereignty and align themselves with emerging powers like BRICS. The erosion of the CFA franc, coupled with a growing reluctance among African countries to accept the stringent conditions of IMF loans, signals a broader shift. Countries across the continent are increasingly looking to BRICS for economic partnerships, drawn by the promise of more equitable terms and the opportunity to escape the legacy of colonial exploitation.
The Overlooked BRICS Currency Strategy
Despite these significant developments, the growing influence of BRICS remains largely underestimated in Western media and public discourse. The potential of BRICS to form a robust energy alliance and gain geopolitical power has yet to be fully acknowledged. A key aspect of this shift is their exploration of a common currency, which is often dismissed as a peripheral issue. However, this currency initiative, possibly backed by a gold standard, could be a game-changer.
The BRICS nations have recognized that trust issues among member states could hamper the success of a shared currency. To address this, they are considering pegging their currency to gold, a move that would provide a tangible asset base and mitigate concerns over mutual trust. This idea has been quietly gaining traction, even as it remains under the radar in most discussions. The fact that central banks around the world have been increasing their gold reserves suggests a growing awareness of the direction in which global finance is headed.
The BRICS' interest in using gold as a foundation for their currency reflects a strategic approach to overcoming the challenges of trust and stability within the bloc. By anchoring their economic cooperation in a universally recognized store of value, they may successfully navigate the complexities of their diverse economic landscapes and create a more unified and powerful economic front.
Conclusion
As the BRICS nations continue to deepen their financial and energy ties, their collective influence on global economic affairs is set to increase. By moving away from the dollar and consolidating their energy resources, the BRICS are positioning themselves as a formidable counterweight to Western economic dominance. This strategic realignment underscores a broader trend toward a more multipolar world, where power is more evenly distributed, and the voices of emerging economies, particularly in Africa, are increasingly heard.
The BRICS' potential adoption of a gold-backed currency further highlights their intent to break free from Western financial hegemony, potentially solving the issue of mutual distrust and positioning themselves as leaders in a rapidly evolving global economic landscape. Despite these clear signals of change, the West’s delayed recognition of BRICS’ growing influence raises critical questions about how prepared the U.S. and Europe are to navigate the shifting tides of global power. How long can they afford to overlook this growing challenge?
#BRICS #USA #Europe #USD #Gold #Euro #Energy #Oil #Geopolitics https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/2ab709f0f8e09504e75ffafe4386ac11c73b0926dc11cc61a420bec6b2b569b4.webp

2024-08-17 18:34:22

#illegalmigration https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/518ae2f56cd6bfb2dafe541801558019ecd1e71089a00a3e76f9a147a973060a.webp

2024-08-16 12:30:45

let's see if they use the same playbook again! #mpox #covid https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/d111f05c5a65c8c16f789b38a7725e5007574a2b4df5e0d9200eceec3be3736a.webp

2024-08-16 07:19:03

you really don't know which is more toxic: the #realestate market in #Europe or the assets of the #ubs https://image.nostr.build/f4f4cb6831c049af043df63c4c4a9cc9f5b4cbea01d18fd8173823e88c9093e5.jpg

2024-08-15 07:01:42

Data from 'Crossbordercapital' indicate growing liquidity
The falling DXY already indicates that conditions are improving and the liquidity situation outside the United States is improving. In general, bond yields are falling, which also speaks in favor of risk asset classes. The bond markets are already undergoing the interest rate turnaround, which the central banks are basically only following. The influence of central banks on these markets is structurally overestimated.
The @crossbordercapital data confirms that we are in an upward swing of the liquidity cycle, which is likely to continue in the coming weeks. China is fighting its deflationary spiral with massive liquidity and Europe and the United States are also at the end of their tightening cycle. This is where the major liquidity flows converge.
Source: @crossbordercapital on 'X'
#markets #liquidity #yields #dxy #bitcoin https://image.nostr.build/4c483d6a13c3e7e1936a3ce674940363d5aa3fb70a9d1048f7889b92031ea647.jpg https://image.nostr.build/8b00be8bc1e6c74fa00d0c31f63facfb53183706bbefb3b98776e2b1347971b2.jpg

2024-08-14 19:28:51

- reply

this comes too late for the German economy. it remains to be seen how future politicians will deal with the coming alliance with Russia. it is imperative that these states come together again. then we can think about rebuilding them

2024-08-14 18:53:19

- reply

I can also well imagine that, in view of the fact that this war has been lost, Germany is now trying to build its first bridges and get out of it. perhaps this should be seen in this context

2024-08-14 18:40:04

German Media Finally Links Ukraine to Nord Stream 2 Attack
Recent reports from German media are now openly suggesting that Ukraine was involved in the sabotage of the Nord Stream 2 pipeline. This development sheds new light on the incident, which led to soaring energy prices across Europe. For months, speculation and blame were directed towards Russia, but this revelation calls into question previous narratives and demands a reevaluation of the geopolitical landscape surrounding the incident.
#Geopolitics #NordStream2 #UkraineInvolvement #EnergyCrisis #MediaRevelations https://image.nostr.build/b28da3aa8237a3f99f195626d071c756203efcf6b65444962ff2daac319ced4d.jpg https://image.nostr.build/537b75d4f39dd658d369c60c42b9516503dcf0070c3366b6178f4f801e384b5c.jpg

2024-08-14 09:45:43

Surge in Russian Oil Tankers Mitigates Sanctions Impact
In the first half of this year, Russia's clandestine oil fleet expansion has countered Western sanctions, as reported by the KSE Institute. The addition of 74 new tankers, compared to the 49 vessels sanctioned, has played a significant role in stabilizing oil discounts and maintaining export revenues.
The KSE Institute, a Kyiv School of Economics affiliate known for advocating stringent sanctions on Russia, highlights that the increase in vessels has prevented a rise in Russian oil discounts. Despite Western sanctions targeting some ships, the overall shadow fleet's capacity remains steady, with export prices for Russian crude only $12.50 below the Brent benchmark.
The trend extends to refined fuels, where over 100 new tankers have begun transporting Russian products this year. The expanding fleet's ability to offset sanctions underscores ongoing global concerns over its growth.
#OilSanctions #RussianOil #ShadowFleet #GlobalTrade #EnergyMarkets #SanctionsImpact

2024-08-14 08:16:42

Monetary Policy: Key Updates
U.S. Interest Rates on the Horizon
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, predicts imminent interest rate reductions as the U.S. economy stabilizes. Bostic’s remarks at a recent financial conference underline his confidence in avoiding an immediate recession.
UK Inflation Trends
In an unexpected turn, UK consumer prices fell by 0.2% in July, resulting in a modest annual inflation rate of 2.2%. This contrasts with previous expectations and reflects a nuanced inflationary environment.
New Zealand’s Monetary Policy Adjustments
The Reserve Bank of New Zealand has decreased its key interest rate to 5.25%, with expectations for further reductions by the year-end. This adjustment is based on encouraging inflationary trends.
Leadership Change in Japan
Prime Minister Fumio Kishida has announced his resignation, signaling a leadership transition within Japan's ruling Liberal Democratic Party. Kishida's departure aims to rejuvenate the party's image ahead of upcoming elections.
#Economy #Finance #InterestRates #Inflation #GlobalEconomy #LeadershipChange #FinancialMarkets #PolicyUpdates

2024-08-14 08:03:44

- reply

the biggest challenge for individuals will be to navigate through this period of chaos and emerge unscathed at the end. the EU will do everything in its power to expand its position and accelerate the transfer of wealth to Brussels

2024-08-13 10:49:50

China’s Economic Landscape: Deflationary Pressures Persist
The latest economic data from China highlights the ongoing challenges in stabilizing its economy. July 2024 saw a significant decrease in loans to the private sector, plummeting from 33 trillion CNY in June to just 7.7 trillion CNY. This drop underscores the difficulties businesses face in accessing capital amid a cooling economic environment.
At the same time, China's money supply (M2) reached a new high of 305 trillion CNY in June 2024, reflecting the central bank’s efforts to maintain liquidity. However, despite these measures, the banking sector experienced a sharp contraction, with balance sheets shrinking from 2130 billion CNY in June to 260 billion CNY in July.
These indicators suggest that China’s economy is still grappling with deflationary forces, and we may see further monetary policies aimed at achieving stability.
#ChinaEconomy #MonetaryPolicy #Deflation #FinancialTrends #EconomicOutlook #BankingSector #EconomicStability https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/838ff670e735616a4067fb6fbf914a535307b6cadeac9c005f8cbe85178abeda.webp

2024-08-13 10:14:32

Monetary policy: can the ECB really cut interest rates slowly and according to plan?
The disastrous labor market figures from the UK this morning and sentiment indicators from Germany, which have just collapsed and point to a deep economic recession, bode ill for monetary policy on the old continent (both the ECB and the BoE).
So-called economists expect the European Central Bank to cut interest rates in six orderly steps over the coming quarters. These so-called economists are still assuming that the European economy is merely in a consolidation phase and not already stuck in a recession. These Keynesians do not understand that artificial demand programs by the state do not generate growth, but merely crowd out the private sector further and ultimately cost productivity growth, which can be quickly demonstrated by the data situation in the eurozone.
No, the ECB will soon be lowering interest rates in large steps in a panic in order to save what can no longer be saved. The eurozone is a dysfunctional currency area, which we have already discussed several times here, and cannot grow sufficiently on its own to keep the growing national debt under control, for example. With the expected easing of monetary policy in the eurozone, the common currency is facing a massive devaluation spiral, as Europe is dependent on energy imports, which will soon continue to rise in price relatively due to the rising pricing power of the BRICS countries. Dark clouds are gathering for consumers and households in the eurozone.
#ECB #Boe #monetary policy #inflation #interest rates #energy
(graphic by Bloomberg) https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/8a2327514cb939bcd4165a39bad2d8afb9e1ed7a69d5fddf2cefcd044f7a8a74.webp

2024-08-13 08:10:17

Before Trump Interview: EU Commission Increases Pressure On Elon Musk
EU Commissioner Thierry Breton, responsible for the execution of the DNS, the Digital Services Act, a kind of propaganda regulation governing the formation of public opinion within the European Union, could no longer contain himself before Elon Musk's record-breaking interview with US President Donald Trump and published a more or less open threat to the US American to regulate the content of his Platform X according to the specifications of the EU technocrats.
In his letter to Musk published on 'X', Breton emphasizes the importance of the control of public opinion by state authorities and the alleged fight against extremism and hatred. All of this is, of course, a pretextual nonsense in order not to lose control over the interpretation of political events!
The EU is working towards a walled garden, a public opinion space whose narratives and vectors are determined by Brussels' political ideology (think of the climate apocalypse as one of the legitimizers).
We are witnessing the attempt to re-establish a control state on European soil, to control the behavior of citizens and to sanction them if they do not cThe European Union is on a dangerous downward path, the angle of inclination is now actively increasing.
#musk #trump #x #eu #EuropeanUnion #mindcontrol #msm #propaganda https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/16037c5f022cd39222a3ddd9d4508414df4e48f7e9f8ff31fd52920ae5672bb7.webp
https://x.com/ThierryBreton/status/1823033048109367549?t=z9PSPkFToq-QEhusm_aORw&s=19

2024-08-12 21:37:59

- reply

Or maybe I'm just too drunk??

2024-08-12 21:35:39

- reply

Sorry, I am retarded

2024-08-12 21:08:34

- reply

Can You read this bs on Your own?
https://www.vaccinestoday.eu/stories/european-vaccination-card-will-be-piloted-in-five-countries/

2024-08-12 21:06:31

Don't trust your sense, believe big brother! #socialism #propaganda #msm https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/2e545c930844e71516f8cfd2d87c3d9a903c6f5c19daf2be537a177d0428266f.webp

2024-08-12 10:02:21

China's Bond Market in Turmoil as Economic Woes Deepens
China's bond market, the second largest in the world, is sending troubling signals as the economy falters. Investors are retreating into government bonds, a classic safe haven, as confidence in riskier assets wanes. Despite the Communist Party's attempts to project economic stability, falling yields tell a different story. The People's Bank of China (PBOC) is stepping in aggressively, attempting to control the surge in bond prices, but the intervention highlights deeper issues.
State banks have started dumping long-term treasuries to stabilize the market, echoing previous efforts to manage the yuan. The PBOC has even halted liquidity injections for the first time in years, signaling a more forceful stance. However, experts warn that these measures may only slow, not stop, the bond bull run. With economic recovery uncertain and inflation still low, the pressure on China's financial system is mounting.
#ChinaEconomy #BondMarket #PBOC #Investing #GlobalMarkets

2024-08-12 07:35:54

- reply

I am working in the german media sector as a political consult and with a small own media comp for 26 years. I am just following the path of politics trying to deduct what's happening from a libertarian perspective

2024-08-11 18:40:35

Yet another hit piece by the brain-dead mainstream press against #Bitcoin. Do you feel better now, like me?
#Freedom #Fiatponzi https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/c30d4a705a8d7a83a6c1bd13ad810d5c299473074d231bfd1f55fcd8bca8078a.webp

2024-08-11 11:58:04

Euro: Divergences continue to grow!
The disadvantage of common currencies is that they unfortunately do not tend to converge the different productivity levels of the participants, as the nice theory goes.
Quite the opposite! Before the introduction of the euro, the low-productivity economies of southern Europe were able to cushion the impact of trade deficits and lower productivity by continuous currency devaluation, which is not possiblewith a common currency.
Since the Great Financial (Public Dent) Crisis, to take Greece as an example, people in the south have suffered massive losses of income in real terms in order to compensate for the competitive disadvantage that they feel their overvalued currency has put them at. It simply cannot go on like this!
#Euro #ECB #Greece
https://image.nostr.build/20365d2df90c958045c52017498eb7c3a2a9c97d801abc38dec082ac8138c0cc.jpg

2024-08-11 09:11:15

New EU Vaccine Passport Raises Concerns Over Data Privacy and Control https://image.nostr.build/03b281d17fbdba9507eee454f2226db649a4d0125ddf3b4b95ac7a91f0b1ba88.jpg
Starting September 1, 2024, Germany will launch a pilot for the new EU Vaccine Passport as part of a broader initiative called "European Vaccination Beyond Covid-19" (Euvabeco). This initiative, set to roll out across the European Union by 2026, will not only document vaccinations but also integrate personal health data, effectively placing citizens' private information at the fingertips of state and institutional powers.
The EU claims this project will empower citizens, but the reality suggests otherwise. Under the guise of public health, the European Union is trampling on individual freedoms, further tightening its grip on the personal lives of its citizens. This move, aligned with the World Economic Forum's broader agenda, leaves little room for dissent. Any semblance of opposition is muted, as most political forces either comply or turn a blind eye, leaving the path wide open for a future of total surveillance and control.
Despite this radical shift toward centralized authority, public consultation was minimal and controlled, highlighting the EU’s disregard for genuine democratic engagement. The quiet rollout of this program signals a disturbing trend—one where personal freedom is sacrificed on the altar of "public good" with little to no resistance.
As Europe heads down this path of digital health tyranny, the erosion of privacy and autonomy becomes inevitable. The window to resist this overreach is closing fast, and without a significant pushback, the infrastructure of total control will soon be fully operational.
#EU #VaccinePassport #PrivacyInCrisis #TotalControl #DavosAgenda

2024-08-10 12:03:18

EU’s Borrell Condemns Israeli School Attacks: "No Justification for These Massacres"
In a strong condemnation, EU Foreign Policy Chief Josep Borrell expressed profound shock at the recent surge of violence against schools in Israel. With at least 10 schools targeted in recent weeks, Borrell emphasized that there is no excuse for these tragic acts.
#Israel #EU #EducationUnderAttack #HumanRights

2024-08-10 11:54:50

Global Central Bank Liquidity Continues To Rise
Thanks to @crossbordercapital's excellent heatmap, we can orient ourselves quite well and navigate through the cycles of liquidity ebb and flow that the major central banks initiate in the fiat circus. The generally coordinated approach is also good to see, as all sides have an interest in ensuring that the fiat circus remains liquid and does not collapse like a yeast dumpling.
#centralbanks #liquidity #markets #economy #bitcoin https://image.nostr.build/4e3f0a9f24718e0ac6235b22eb49c8c0eb4b0f9b83193e9967933499faa254a8.jpg

2024-08-09 12:29:13

Purchasing Power in Comparison: USA Leaves Everyone Behind
If you compare average international incomes based on purchasing power parity, it is immediately apparent how far the United States has left everyone else behind. The difference to the old Europe is particularly shocking, where the income gap to the USA is likely to widen further in the coming years due to the recession. The geopolitical antagonists, China and Russia, are also being left in the dust by the USA. It can therefore be assumed that the USA will emerge from the impending recession in better shape than its rivals and allies alike. There will be no way around them when it comes to capital allocation, corporate investment or setting the international rules of the game in trade, no matter how strongly the BRICS countries join forces.
#USA #europe #russia #china #economy https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/95e5983c93286c2c77fbdf52941bd28e864aef1b0d4c5df1557c8ce169dc7038.webp

2024-08-08 15:33:00

Real estate market facing a major correction?
The fact that affordable housing remains unaffordable for large sections of the middle class and even more so for the lower class is a social scandal! Decades of the wrong monetary policy, the diversion of liquidity into the real estate market as a kind of piggy bank to prot https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/50ac9316e97c60b59be7d90745acb47ee662babb0219fafae1c16fc3a1f8031c.webp ect against currency devaluation, combined with over-regulation and high taxation, have created a situation that is absolutely unacceptable.
The real estate market will correct, one way or another, the number of private insolvencies is already rising and the pressure on the market is increasing noticeably. Intelligent policy would use a vehicle such as Bitcoin like a dry sponge to siphon off the outflowing liquidity and mitigate inflation by letting on-ramps grow faster (besides the ETF honey pot).
What will happen to the lending banks in the event of the next real estate crisis remains to be seen, but there will certainly be more mail from these institutions with the money printing press. In any case, we would be well advised not to jump on the bandwagon now, but rather to wait until real estate prices cool down. The effect is likely to be even more pronounced in Europe in particular, where demographics are hitting mercilessly.
#real estate #USA #bitcoin #recession #inflation #monetary policy

2024-08-08 11:18:57

Surge in German Business Bankruptcies: July Sees 10-Year High
The number of insolvencies among German personal and corporate entities surged in July, reaching levels unseen in a decade, according to the Leibniz Institute for Economic Research (IWH). This spike, particularly pronounced in the manufacturing sector, saw 1,406 insolvencies—a figure surpassing even the peak in April 2024.
The 20% month-over-month increase represents a 37% rise compared to July 2023 and a striking 46% above the pre-pandemic July average from 2016 to 2019. The July uptick exceeded IWH's earlier forecasts, partially due to the high number of working days.
All sectors experienced a rise in bankruptcies, with manufacturing hit hardest. From 100 insolvencies in June, the number climbed to 145 in July, marking a new record since the IWH began sector-specific tracking in January 2020.
In the end, the bubble economy, which was built on the illusion of eternally negative real interest rates, cannot shoulder even the smallest increases in interest rates. The dream of the green transformation agenda has been shattered! The reality for Germany and the eurozone is only just beginning.
#BankruptcyBoom #GermanEconomy #InsolvencyCrisis #ManufacturingSector #EconomicTrends

2024-08-08 11:07:58

U.S. Surpasses China as Germany's Top Trading Partner
In the first half of 2024, the United States edged out China to become Germany's leading trading partner, reflecting Berlin's strategic pivot to lessen reliance on Beijing amid robust U.S. economic performance and Germany's move away from cheap Russian gas.
From January to June, Germany's trade with the U.S. reached approximately €127 billion ($139 billion), surpassing the €122 billion traded with China, based on preliminary data from the German statistics office.
This shift follows a consistent trend, as 2023 marked the eighth consecutive year with China as Germany's top trading partner. The change highlights Germany's intent to reduce its economic exposure to China due to political frictions and accusations of unfair trade practices (this is something that the EU-Europeans would never do). Additionally, Germany's detachment from Russian gas (perhaps one or the other still remembers this incident with Nord Stream 2, in which the Russians allegedly blew up their own infrastructure...) has accelerated this trend, contributing to its geopolitical isolation from both Russia and China.
Lola Machleid, a foreign trade expert at the German Chamber of Industry and Commerce (DIHK), noted the strength of the U.S. economy bolstered German exports, which grew by 3.3% to nearly €81 billion in the first half of 2024. Conversely, exports to China fell by nearly 3% to just over €48 billion.
Imports from China dropped by almost 8% to €73.5 billion, while imports from the U.S. decreased by 3.4% to €46.1 billion, driven partly by energy commodities.
#GlobalTrade #Germany #USEconomy #ChinaTrade #EconomicShift #Geopolitics #EnergyIndependence

2024-08-08 10:42:58

good news from #Egypt: #inflation has cooled to 25.7% in July! #Bitcoin

2024-08-08 10:30:44

Monetary System:Japan's Rate Hike Exposes Fiat System Fragility
Recent reactions from global markets to Japan’s modest interest rate hike underscore the fragility of today's fiat financial system. Sustaining real interest rates in positive territory for any notable period risks liquidity issues across the monetary landscape. Decades of easy monetary policies and government debt-financing via money printing have left private economies struggling to service debt under normal capital conditions.
Now, South Korea finds itself in a similar predicament. The Korea Development Institute (KDI), a state-run think tank, has advocated for early rate cuts, citing sluggish domestic demand and weaker economic growth. Revised forecasts predict a 2.5% GDP growth for 2024, down from the previous 2.6%, with 2025 projections holding at 2.1%.
Despite robust export growth, weak domestic demand continues to delay economic recovery. KDI lowered its inflation forecasts to 2.4% for 2024 and 2.0% for 2025, down from prior estimates of 2.6% and 2.1%. Consumer inflation is expected to average 2.0% in the latter half of the year, aligning with the central bank’s medium-term target.
In response to similar economic pressures, central banks worldwide have begun or are coordinating entry into interest rate cut cycles in hopes of sustaining this outdated financial system. Last month, the Bank of Korea signaled potential rate cuts after maintaining a 15-year high interest rate of 3.50% for twelve consecutive meetings, though opinions on the timing of these cuts remain divided.
#GlobalEconomy #InterestRates #FiatCurrency #EconomicPolicy #SouthKorea #Japan #CentralBanks

2024-08-08 06:38:56

Italy's Tax Policy Shift: A Blow to the EU's Credibility?
Italy has doubled its flat tax on foreign income for affluent new residents, a move seen by many as a typical EU tactic, further eroding its credibility. The flat tax, previously set at €100,000 annually, exempted new residents from taxes on overseas earnings, gifts, and inheritance for 15 years. Now raised to €200,000, this policy change has sparked controversy, particularly in Milan, where the influx of wealthy individuals has driven up real estate prices and living costs. Despite the increase, Finance Minister Giorgetti maintains that the tax remains attractive to wealthy foreigners.
#Italy #TaxPolicy #EU #Economy #RealEstate

2024-08-07 12:37:10

US Faces Escalating Pressure in Syria Amid Oil Field Dispute
The Syrian conflict, deeply rooted in the struggle for control over energy and resources, has taken a critical turn. The US, occupying parts of Syria to control oil and gas fields, now faces mounting challenges.
Recent reports indicate intensified US warplane activity over Deir Ezzor's eastern countryside, an area held by the US-backed Syrian Democratic Forces (SDF). Meanwhile, Syrian Arab Army-aligned tribal forces have launched an offensive, capturing several villages on the Eastern Bank.
This escalation puts the US at risk of losing control over the oil fields it occupies and extracts resources from, bringing it closer to a potential confrontation with Russia, Syria's steadfast ally.
https://abcnews.go.com/International/wireStory/pro-government-fighters-attack-areas-us-backed-fighters-112633981
#SyriaConflict #OilWars #USIntervention #MiddleEastTensions #Geopolitics

2024-08-07 06:19:03

Bank of Japan Bows to Market Pressure, Maintains Low Rates Amid Instability
The Bank of Japan has announced it will not raise interest rates amidst current market volatility. Despite intentions to support the yen by increasing rates and tightening monetary policy, the looming recession and towering national debt have hindered these efforts.
This decision underscores the complex interplay between Japan’s financial strategies and U.S. monetary policy, highlighting the strategic alliance in the Pacific.
Breaking the Yen Carry-Trade as a part of the Eurodollar offshore market, which the Federal Reserve cannot control by direct monetary policy, was the objective of the last move of the BoJ. But the 'professionals' at the Federal Reserve would probably not have guessed that a small interest rate hike in Japan would trigger such a shock on the markets to recalibrate risk profiles.
The Federal Reserve is determined to protect the dollar's future amidst these challenges as the growing alliance of BRICS start to move away from the dollar as a settlement layer and reserve asset at an accelerating pace, increasing pressure on the reserve currency.
https://www.reuters.com/markets/asia/boj-wont-raise-rates-when-markets-unstable-deputy-governor-says-2024-08-07/?utm_medium=Social&utm_source=twitter
#BankofJapan #InterestRates #MarketInstability #GlobalEconomy #YenCarryTrade #FederalReserve #USDollar

2024-08-06 17:50:23

U.S. Military Completes Withdrawal from Niger Amid Shifting Geopolitical Landscape
The U.S. has officially concluded its military operations in Niger, closing its last base in the region. The Pentagon confirmed the withdrawal from Air Base 201 in Agadez, marking the end of a prolonged presence.
In a collaborative statement, the Pentagon and Niger’s defense ministry stated: “This effort... will continue between U.S. and Nigerien armed forces over the coming weeks to ensure the full withdrawal is complete as planned.” Specific details on remaining U.S. assets were not disclosed.
The base in Agadez previously housed around 200 soldiers. This move follows France’s earlier exit from Niger, where it had significantly influenced uranium prices, using the country’s uranium resources to dictate prices 95% below the global market rate, thereby reducing its own energy costs.
The era of European and American dominance in Niger appears to be concluding, as China and Russia expand their influence in the region.
#USMilitary #Niger #Pentagon #Geopolitics #Withdrawal #Africa #GlobalShift #MilitaryNews #France #Uranium #China #Russia

2024-08-06 17:39:50

In late stage #communism the oven has no gas... https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/4c50184e8340abc15167ef17c2a19a913c48c906f5fdb4404f131fcac00cc804.webp

2024-08-05 09:55:10

Worsening Economic Outlook: Sentix Index Highlights Severe Downturn in Germany and Beyond
The Sentix Economic Index for Germany plummeted in August, signaling severe economic deterioration. The overall index dropped from -19.0 to -31.1 points, as reported by the consultancy firm Sentix. According to CEO Patrick Hussy, Germany's economy is in "freefall," with recession warnings ringing loud once more.
The current situation index plunged from -32.3 to -42.8 points, marking its lowest level since June 2020. Meanwhile, the expectations index fell from -4.8 to -18.5 points, the weakest since October 2023.
In the Eurozone, the economic index decreased from -7.3 to -13.9 points in August. The current situation assessment dropped from -15.8 to -19.0 points, while expectations declined from +1.5 to -8.8 points. "After the significant setback in July, August is proving exceptionally grim for the Eurozone economy," Hussy noted, citing concerns over the geopolitical instability, especially in the Middle East.
In the U.S., economic cooling is accelerating. Expectations fell for the fourth consecutive month, reaching -10.0 points, the lowest since July 2023. "The Federal Reserve's restrictive interest rate policy is now impacting the economy," Hussy explained. "The ongoing economic slowdown is likely to be a central issue in the U.S. election campaign."
#EconomicCrisis #Germany #Eurozone

2024-08-02 15:48:04

US Manufacturing Orders Plummet in June, Sparking Rate Cut Speculation
In June, US manufacturing orders saw a sharp decline of 3.3% compared to May, surpassing economists' expectations of a 3.2% drop. The previous month experienced a smaller decrease of 0.5%, according to the US Department of Commerce.
Durable goods orders fell by 6.7% in June, a slight revision from the initially reported 6.6% decrease. Excluding defense, orders decreased by 3.4%, while orders excluding transportation edged up by 0.1%.
JP Morgan anticipates a 50 basis point interest rate cut in September, criticizing the Fed for its delayed response.
#USManufacturing #EconomicData #InterestRates #JPMorgan #FederalReserve

2024-08-02 14:05:13

I think the high interest rate experiment, if it ever was a real one, is over as of today. Scary figures from the industry, an overrolling labor market that has lost steam very quickly - these are enough arguments for the central banks to return to father virtue. Which means something like: Print money until the doctor comes! #Bitcoin

2024-08-02 12:32:40

U.S. Job Market Signals Looming Recession
The U.S. job market is showing clear signs of weakening, signaling a potential recession on the horizon. Nonfarm payrolls in July reported a significant drop to 114,000 from the previous 206,000, falling short of the estimated 176,000. Additionally, the unemployment rate edged up to 4.3% from 4.1%, missing expectations. Stay prepared for the economic downturn.
#Economy #JobsReport #Recession #Unemployment

2024-08-02 11:14:04

Bond market signals sharp recession
A good barometer for the state of the economy, in addition to the yield curve structure, is above all the general trend in the interest rate level of government bonds. These are currently in free fall and point to a further fall in inflation rates and a noticeable decline in economic activity in the United States. The markets are currently anticipating interest rate cuts this year by the Federal Reserve of 100 basis points. Whether this will actually happen depends on developments on the US labor market, which also appears to have rolled over in the meantime.
#USA #interestrates #bonds #recession #economy https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/cae470d779009f0bf8b13340d2b2c650e275e1e0684c87eef969be05a890a8c2.webp

2024-08-02 08:44:26

Global food prices serve as a critical barometer for crises in poorer regions. When food costs skyrocket, the likelihood of revolutionary movements, coups, and local conflicts rises significantly. Ensuring the global population's access to food by expanding supply, leveraging technological advancements, and minimizing the adverse effects of governmental regulations—like those currently seen with the WEF's policies—is imperative. Effective food distribution aligns with decentralized resource management principles rather than centralized control by officials pushing green ideologies that may cause more harm than good.
The FAO Food Price Index recorded a slight dip to 120.8 in July 2024, down from 121 in June. Lower cereal prices balanced out higher costs for vegetable oil, meat, and sugar, with dairy prices remaining steady.
#FoodSecurity #GlobalEconomy #Decentralization #WEF #FoodPrices https://image.nostr.build/7bdfaba0e5206b6a1b74ff32de96d0f53a2990340b52bd2b0ab86011bb3ee41e.jpg

2024-07-24 07:18:09

COVID: Leaked German CDC Protocols Expose Alarming Truths!
A whistleblower has provided unredacted protocols from Germany's Robert Koch Institute to journalist @aya_velazquez, revealing shocking information about the handling of COVID-19. Key revelations include:
August 17, 2020: Children labeled as test subjects; vaccinated individuals reportedly fared worse than unvaccinated.
January 18, 2021: No scientific basis for mask mandates; noted side effects.
August 13, 2021: Vaccine efficacy questioned with a 79% failure rate.
October 26, 2021: Influenza vaccine inefficacy concealed from the public.
December 7, 2022: Post-infection immunity in the unvaccinated downplayed.
German society in particular, which had a very high level of compliance during the lockdowns, is finding it difficult to come to terms with the truth behind the imagined hallucinated pandemic. It will be interesting to see what else comes to light, especially when people realize that the lockdown was a psychological attempt to break a mass society in its resistance to growing state power.
The design of the lockdowns was intelligently chosen. It allowed the individual to reap a moral dividend through mere compliance with nonsensical rules that we can now prove were simply far-fetched.
#covid #covid19 #germany #rki
https://x.com/aya_velazquez/status/1815567564694515876?t=Z8xRjedp4s_wxqu8CF5jwg&s=19

2024-07-23 08:54:02

US: Probability Of Interest Rate Cuts Increases
This week we will find out more about the state of the US economy. Despite the gigantic artificial demand programs, made by record government's debt creation, economic growth seems to be slowing down dramatically.
On the labor market, rising unemployment figures and the reduction in full-time employment suggest that in the end the government will be the last man standing creating artificial fake jobs to save itself until the election date.
This increases the pressure on the Federal Reserve to make money cheaper again, to provide liquidity in the markets so that the threat of rising loan defaults that is threatening the banking system will be mitigated to a certain extent.
But despite all the anticipation of interest rate cuts, always remember: when the central banks panic and cut their interest rates, it is already too late, the economy is already deep in recession and things are going downhill. The illusion that you can operate macro-control with a complex economy is more than just stupid, it is the spawn of political naivety and petty childishness, a sign that economics as a science has actually not moved a millimeter forward in the past 100 years
#USA #economy #recession #fed https://image.nostr.build/9d6f38166e22becdc930ff3b333ddcdb9c85ff2579529fd3b2b49d03676f84df.jpg #interest rates
Chart: @crossbordercapital

2024-07-18 11:51:58

Germany's hypermoralism, the view that it is the world's social welfare office, will destroy the dream bubble in which the vast majority of Germans continue to vegetate. #germany #eu #migrationcrisis https://image.nostr.build/065e1197cb457d3589e7af2572cd28ff53b2a3160d4a650e2527b5a5452f34dd.jpg

2024-07-18 05:35:47

The biggest losers in the EU are us citizens. And nobody voted for this parasite! So this headline is nonsense. #vdLeyen #eu #parasites #corruption https://image.nostr.build/0e250d7b319ecb210aeb3900af5dba0fe8567e7e9f99ebb13ddd056f020020bb.jpg

2024-07-16 10:08:35

The culture war picks up speed. In Germany, the interior ministry announced that it will ban the right-wing conservative magazine 'Compact'. Rainbow stalinism will defend itself tooth and nail, take censorship to the extreme and suppress free thought and expression, whatever the cost! #freedom #communism #germany #eu

2024-07-14 13:17:58

- reply

Good for You. S.o.'s a commie, eh?

2024-07-14 11:11:50

- reply

https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/67798f620fec3ca694784332e8b862a9a58f7f87c07eec08fcf5d9548aa7fd34.webp
And I will remember the stupid face of the stupidest president of all time for the rest of my life...

2024-07-11 14:29:33

Japan intervenes in the currency market
The limit was obviously reached at 162 yen per dollar. The Japanese central bank has supported the yen with massive interventions and stabilized it again for the time being. The astonishing thing is that interest rates on US government bonds, which had to be sold beforehand for this purpose, continued to fall, so there must have been massive demand for US government bonds on the market at the same time. Possibly the European Central Bank again? It is trying to stabilize the interest rate spraid between euro and US bonds in order to avoid capital flight.
#Japan #eu #eurozone #yen #nevent1q…0p2n

2024-07-10 08:01:08

Germany probably wanted to plug budget holes with gold
After the panic sale of his Bitcoin holdings, Germany's Federal Finance Minister, Christian Lindner, has hit a wall in his attempt to shore up budget deficits. Speculation arose that he might turn to the country's vast gold reserves, but the Bundesbank firmly rejected the idea. Bundesbank President Joachim Nagel stated unequivocally that they will not sell gold, emphasizing its symbolic value and importance as a trust anchor for the public.
With over 3,350 tons, Germany holds the second-largest gold reserves globally, second only to the USA. The Bundesbank's stance remains clear: "We sell nothing," said Nagel, reinforcing the commitment to holding the gold long-term due to its steady value appreciation. Additionally, hopes for financial gains from the Bundesbank are dashed as it reported a €21 billion loss last year.
The disorderly, panic-like actions of German fiscal policy indicate that the eurozone as a whole is heading for a serious sovereign debt crisis. High volatility is now to be expected!
https://www.n-tv.de/wirtschaft/Bundesbank-will-ihren-Goldschatz-behalten-article25075902.html
#Finance #Economy #Germany #GoldReserves #BudgetCrisis #Bundesbank #Bitcoin

2024-07-09 06:40:20

Argentina's president Javier #Milei will now seek membership in #NATO. By his own admission, he cannot remain neutral here at this point in the face of war. So is he a libertarian war hero now, or what?
https://shorturl.at/QH2nT

2024-07-08 09:16:56

France election: interest rate spread between French and German bonds closes again
The markets, or what the European Central Bank has left of them, are breathing a sigh of relief: France has happily elected communists to government. This is now also being rewarded by the bond market, which immediately started buying French government bonds after the result, as all fiscal problems will certainly be solved in no time once the Communists enter government.
As we have learned from the past, it is above all centrally planned government spending that allows an economy to grow innovatively and dynamically. The eurozone is on the right track towards green socialism, intelligent capital should now quickly orient itself towards market ecpnomies like the United States as a port that may be navigable again in November.
PS: Of course, we know that it is the ECB, which is approving the election result on behalf of Brussels and is now buying French government bonds in order to stabilize the bond market again. Keep up the good work!
https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/bf614a6fa9112dfa1548408eb2aadc0deb09d3aa5e4b6eb5cc977dadf0555f0c.webp
#france #bondmarket #interestrates #eurozone #EU

2024-07-06 09:37:35

Eurozone Faces Inflation Challenges
Despite the European Central Bank's recent interest rate cuts, Germany, Europe's largest economy, is struggling with stubbornly high inflation. Core inflation, affecting everyday essentials, shows clear signs of resurgence. It will be intriguing to observe whether ECB officials attempt to downplay this scenario or manipulate statistics.
In the currency competition, particularly against the US Dollar, the ECB can't afford to further ease credit conditions, though it's necessary to effectively counter the Eurozone recession.
Germany's inflation rate for June 2024 is projected at 2.2%, measured by the year-over-year change in the Consumer Price Index (CPI). According to preliminary data from the Federal Statistical Office (Destatis), consumer prices are expected to rise by 0.1% from May 2024. Core inflation, excluding food and energy, is anticipated to be 2.9%.
#Inflation #Eurozone #GermanyEconomy #ECB #Finance #CPI #CoreInflation #Recession

2024-07-05 08:41:05

The devastating figures from #Eurozone industry reveal the true state of the #EU project. The attempt at green transformation, the centralization of power in Brussels, the regulation of individual economic activities, has failed and is now gradually being recognized by the markets for what it is: a gigantic sham, nicely packaged stupid-woker #socialism. https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/745542b83a76e7383eaac4870018188a71c405708392dce8cdafcb07e0ce169e.webp

2024-07-02 16:34:58

- reply

Good thing would be privatize anything and let Mr. Market decide

2024-07-02 15:00:21

European disease hits the USA
The US is suffering from the European disease: almost all jobs are being created in the government sector, new parasitic jobs that have to be paid for by the active population. Of the 221,000 newly offered jobs created last month, 179,000 were government jobs. This is the road to socialism, the road to national bankruptcy, the death of free enterprise productivity. This is the last shot President Biden's failed administration can fire, having already run down the Strategic Petroleum Reserve as far as it could to manipulate oil prices downward.
#USA #JobMarket #Socialism #Biden https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/2f036fa617338adcfc1743007e004103aa82bcb161eab8498c69420677890722.webp

2024-06-29 17:21:02

The case of Joe Biden shows quite clearly what the media is all about: the implementation of narratives of the power elite and the synchronization of the masses! #JoeBiden #Democracy #Media #propaganda

2024-06-27 10:17:42

#Communism is a mental illness https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/174bd19dc4e25dbaba3f0253ac96de140f204810eaa44dee9df783062939edf6.webp

2024-06-25 06:38:47

Trust the (state) ''science''
#covid19 #covidiots #freedom https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/29538c3e3d9107e483f6a54d5dad44972839ee0c17f5d65f983e2708fe38c37f.webp

2024-06-24 06:22:27

The #eurozone is in the #fiat trap! They will have to create massive liquidity to roll over the debt! This will break the backs of many people financially #bitcoin
https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/f452fd5f42098a93da9f0c2239e6bb370c9d63bb08a546bb61c8aad8abf566d8.webp

2024-06-20 16:48:04

- reply

So I guess we're both in the same lifeboat?

2024-06-20 12:03:58

the next mega crash on the markets will, like in 1929, once again ensure a clearer distribution of wealth. #bubblemarkets #economy #stocks #bitcoin https://image.nostr.build/af48dc6ec6e8e602e924536c5e9733904a682af209ff117fc3b4d0a01143d2dc.jpg

2024-06-19 13:37:15

What was God thinking, burying our beautiful oil with the godless Russians! #EU #russia #oil https://image.nostr.build/16b6ae1278525886af5758190753d2620cfef2f96a12695ab541e4d90b80e439.jpg

2024-06-19 11:57:48

Here you can see the #Cantilon-effect in action and how the #FiatPonzi works. The wealthy get the asset appreciation, while the lower classes get #inflation thrown in their faces. #bitcoin https://image.nostr.build/107fb3c15218de9e9b1a5ed40245b35f9e5cbb7e661f6fe09de2223f5a219338.jpg

2024-06-16 13:45:43

The Polish Prime Minister has finally said out loud what I have been writing about here for some time: the plan is to break up Russia into many small states and in this way, and I would add, plunder the country's resources at arbitrary prices. If this does not succeed, the brics states, the energy-rich countries of this world, will soon set the prices. And Europe has no resources worth mentioning.

2024-06-14 17:54:51

- reply

but the language barrier shouldn't be a problem in this day and age with AI translation technology, should it?

2024-06-14 14:19:57

- reply

I call this programmed or rehearsed ignorance

2024-06-14 09:56:15

- reply

bitcoin is actually not an issue at all here where I am in Spain. there is no significant adaptation at all, on the contrary, people reject it harshly when they hear it.

2024-06-14 09:44:00

The crash of the #euro is continuing today. It is likely to gather pace when the fragile banking system of the #eurozone is targeted by the markets. The #EU in its centralization mania is economically naked and the clock is ticking. What amazes me is the stubbornness with which the Europeans refuse to adapt #bitcoin!