Oh yes. 'Notes from Underground' really gave me a spin in my own thinking and writing
EU's Climate Hypocrisy: Tariffs on Chinese EVs Reveal True Priorities
The European Union's recent decision to impose hefty tariffs of 45% on Chinese electric vehicles (EVs) has exposed a glaring contradiction in its climate policy. While claiming to champion CO2 reduction in transportation, the EU's protectionist measures effectively limit access to affordable green alternatives.
This move raises questions about the sincerity of Europe's commitment to combating climate change. If reducing emissions were truly the priority, wouldn't the logical step be to open markets wider, enabling more consumers to purchase cost-effective, eco-friendly vehicles?
Instead, the EU has opted to shield its automotive industry from competition, potentially slowing the transition to cleaner transportation. This decision reveals that economic protectionism may be trumping environmental concerns in Brussels.
The irony is palpable: in the name of climate protection, Europe is making it harder for its citizens to adopt cleaner technologies. This policy not only contradicts stated climate goals but also risks delaying the widespread adoption of EVs across the continent.
The correct policy would be to dismantle the bureaucratic apparatus and also leave the automotive industry to free competition. Let companies and consumers decide on the best allocation of resources in the economy, not ideology-soaked officials far away in Brussels.
#EUPolicy #ClimateHypocrisy #climatescam #EU #EVTariffs #GreenTransition #China
I read it at least twice a year. To me it's like a mine that after all these years hides surprises
Fiat traffic lights and Bitcoin: it doesn't get any greener than this
I know this is a typical chart crime. But the correlation between bitcoin and fiat clown money can't be ignored. If you look at the new debt of the states, and this in a phase of relatively stable economy, then you can guess what is in store for us when all this debt has to be monetized with the money printer. This is peak fiat clown world!
#bitcoin #debasement #fiatponzi #debtspiral
🤣🤣🤣🤣
GM, have a peaceful day, friends.
Clown world never fails to deliver.
#ukraine #zelenski #nobelprice https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/80ef8abe4d762771203e1a1d36336bc6e9255d9df09c4088d0fba4c525719bc0.webp
I would say: well played, Joe (and cronies)!
#energy #nordstream2 #gas #europe #ukraine https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/eaea146fda0cc2b6169a102e5d22c6bd39372218f44908334cf5668344277b37.webp
Global Manufacturing Slump Signals Economic Headwinds
The manufacturing sector worldwide is showing signs of distress, with the global manufacturing PMI contracting for the third consecutive month in September. Export orders have plummeted at their fastest rate in nearly a year, indicating a potential 3-4% year-over-year decline in global trade volumes.
As economic pressures mount, governments are likely to respond with aggressive monetary and fiscal policies. The much-touted "green agenda" could serve as a prime example, potentially masquerading as growth while potentially misallocating capital and hampering private sector productivity.
The economic data show that green socialism, this mad project, has already failed. It is high time to expose this fraud and reverse course. We must return to private formation of capital and free markets if we want to avert the catastrophe that is here in principle.
#EconomicSlowdown #ManufacturingCrisis #GlobalTrade #FiscalStimulus #GreenDeal #Recession #ClimateScam https://nostrcheck.me/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/fd144cb69b759c1a8a08b8b6f2cf4d619c298d7518c569106dfd353c006e1ffc.webp
US: State Manipulates Labor Market Like Never Before
The Biden/Harris administration is making a bogus upswing shortly before the elections cost a fortune. Respectively: They are really letting the taxpayers have it if You watch government debt spiraling out of control to finance the fiesta! The labor market data reported today suggest a robust labor market and strong economic growth. The unemployment rate has officially fallen to 4.1%.
However, an analysis by Zerohedge has shown that without the artificial creation of fake jobs by the launch shortly before the elections, the unemployment rate would now have risen sharply to 4.5%. So we continue to live in a world of illusion, in which debt creation provides short-term relief. It's the fantasy land of the highest time preference possible.
You can find more details here: https://www.zerohedge.com/economics/behind-todays-stunning-jobs-report-record-surge-government-workers
#usa #labor market #biden #harris #socialism #fiatclownworld
No I meant it in a cynical way. More recipients of wf to feed and grow the machine
It is telling that fed spokespeople are badmouthing the labor market after these figures. They want and probably have to continue to inflate!
Interesting: the USA is reporting strong labor market figures today and fed spokespeople are talking down the weak labor market. They want and probably need to keep inflating! #Bitcoin #USA
We need people to 'stabilize' the welfare bureaucracy
China's Economic Crossroads: The Lost Path
The world's second-largest economic powerhouse is grappling with a multifaceted crisis, spanning manufacturing downturns, tech sector constraints, and a deflating property bubble. And there is the demographic desaster brewing beyond all of the central-planned mess.
Recent data paints a sobering picture: manufacturing has contracted for months, bank loans have shrunk for the first time in nearly two decades, and local government finances are under severe strain. The anticipated post-COVID consumer rebound failed to materialize, with cautious spending habits persisting amidst economic uncertainty.
The real estate sector, long considered China's economic backbone, continues its protracted slump. Despite government interventions, including a 300 billion yuan central bank funding program, the property market remains in decline, shaking consumer confidence to its core.
Policymakers have responded with a coordinated stimulus package, including interest rate cuts and liquidity injections.
However, experts question whether these measures will be sufficient to overcome structural challenges like an aging population and slowing urbanization.
As China stands at this economic crossroads, the coming months will be crucial in determining whether it can avoid a prolonged period of sluggish growth reminiscent of Japan's "lost decade."
#China #Economy #GlobalMarkets #EconomicRecovery #PropertyCrisis #recession
Hans-Hermann #Hoppe on Javier #Milei: Prepare for a harsh reality check, or as Nietzsche advises in his Zarathustra, abandon your gods and ultimately even him, the one who brought the light of the new ethics.
#libertarian #bitcoin
GM from Valdevaqueros/ Tarifa.
A wonderful month ends and we'll back in Málaga soon. Beautiful nature, total silence and really nice people make it our no. 1 place to be in May and September. Give it a try if You can, it's also a surfer's paradise with the best kitchen You can imagine.
Enjoy the day and CU
Nietzsche And Bitcoin - Is There A Bridge We Can Build?
I'm embarking on a journey to explore the fascinating intersections between Friedrich Nietzsche's philosophy and the world of Bitcoin. I'll be sharing (or at least I'll try to if there's time) my studies,, building bridges between Nietzsche's revolutionary ideas and the disruptive force of Bitcoin.
Let's start with some famous ideas he developed over the decade of his free writer's career.
While Nietzsche was not a libertarian in the modern sense, some of his ideas can be interpreted as aligning with certain libertarian principles and potentially interesting for Bitcoin enthusiasts:
1. Critique of state power: Nietzsche was critical of state institutions and their tendency to stifle individual growth. He famously wrote in "Thus Spoke Zarathustra": "The state is the coldest of all cold monsters." This skepticism of centralized authority resonates with libertarian views and Bitcoin's decentralized nature.
2. Emphasis on individual sovereignty: Nietzsche's concept of the "Übermensch" (often translated as "Superman" or "Overman") emphasizes self-realization and personal responsibility. This aligns with libertarian ideals of individual autonomy and could appeal to Bitcoin proponents who value financial self-sovereignty.
3. Nietzsche's idea of "transvaluation of all values" could be seen as parallel to Bitcoin's challenge to traditional financial systems.
4. His concept of "will to power" might be interpreted as encouragement for individuals to take control of their financial destiny, which aligns with Bitcoin's ethos.
I would really like to take this opportunity to encourage everyone to turn to the philosophy of Friedrich Nietzsche when there is time. He is the natural ally of all libertarians and freedom-lovers among us and he can be a great spiritual and intellectual support on the path through the coming years, which may well be volatile.
https://youtu.be/cswNn1Chc-4?si=AAC1KgmeKzJpJXWV
#Bitcoin #FinancialFreedom #Libertarian
#Decentralization #Philosophy #Nietzsche #Freedom
Bitcoin is the digital fortress where your wealth stands guard against the whims of central banks and the long arm of the state. In a world of printed promises, it offers unbreakable mathematics—a chance to truly own what you earn.
As the fiat liquidity cycle gains steam, the money printers whir ceaselessly, fueling both artificial booms and bloody conflicts. In this machinery of financial subjugation, Bitcoin emerges as the conscientious objector. It's not just sound money—it's ethical money, a peaceful revolt against the funding of war machines.
Opt out of this cycle of state-sanctioned theft and violence. Embrace a network where peace is profitable, sovereignty is non-negotiable, and every individual holds the keys to their own financial destiny.
#Bitcoin #FinancialSovereignty #SoundMoney #Decentralization #Libertarian #DefundWar #Freedom #EndTheFed https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5fd8c6a8459f6fad21904663fa712423ec21f9c1f174f5833905a182e5f5d123.webp
Seems like we have to wait for the death of the #USD some days more...
US Job Market With Mixed Data
The latest labor market data reveals an uptick in initial jobless claims, reaching 225,000 against a forecast of 221,000. This 7,000 increase from the previous week's 218,000. Continuing jobless claims dropping to 1.826 million from 1.834 million, outperforming the estimated 1.83 million.
#US #JobMarket #EconomicIndicators