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Germany: Overcoming the damage of socialism with socialism

More than three decades after the reunification of Germany, the damage caused by the imbecile ideology of communism is still visible in the former communist part of the country compared to the West German economy.

It's a pity that the decision was not made in 1990 to establish free capitalism, but instead to go backwards hand in hand, bravely led by green, black and red socialists and march forward into socialism (we can slowly put the yellow liberal socialists of the FDP to bed, as they are busy building up the state censorship apparatus together with the other commies. Even the last pseudo-liberals will probably turn away from this pile of garbage).

At least then there will be equality in the economic decline again.

#germany #communism #ampel #decline #recession

China: Deepening Producer Price Slump Amidst Tepid Consumer Inflation

China's industrial sector faces mounting pressure as producer prices plummeted 2.8% in September, marking a two-year downward trend. Meanwhile, consumer price index (CPI) barely inched up by 0.4% year-on-year, highlighting the nation's ongoing struggle with lackluster domestic demand.

The widening gap between producer and consumer prices underscores the complex challenges facing the world's second-largest economy. Analysts point to sluggish consumer spending as a key factor behind this economic conundrum.

#China #Economy #Deflation #GlobalMarkets #EconomicIndicators

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/c47cca73b17fb44465bd9f99164b6dc8f9bbdd5f17fd7451a9077b5f87803b8d.webp

350 million people live in the eurozone. How presumptuous or insane do you have to be to assume that a central body like the European Central Bank can control an efficient and functioning capital market, an efficient banking system and allocation-optimized interest rates in such a complex interplay of forces and diverging economic culture.

#EU #ECB #Euro #socialism #btc https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/9cfbf54fae7518b1381eeb9a5cc7c3d69991815b0e659069c955625539c1ef60.webp

The dangerous thing about these psychopaths is that they think we're stupid enough to take their infantile propaganda seriously.

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/11dd562576117c151caeca0d1c082d69e7a79374b1bf4498d6fd471e6fc01632.webp #WEF #ClimateScam #Freedom

EU: The Road To Socialism

One cannot warn enough against etatisms such as socialism; they are always an expression of the mental infection of large groups of people who, out of some inner need, intellectual neglect or state coercion, take refuge in collectivism or are driven into it.

This fall into collective civilizational barbarism is a process that slowly builds up, slowly infecting the roots of bourgeois society, the family, the educational system, culture, the right to private property and free enterprise, making the system as a whole sick and weakening it, and then turning into a tipping point. This is when the central power, the statr, holds all power in its hands. This is the culmination of civilizational stultification, which requires an immense energy of propaganda and confusion of the masses.

The data clearly show that in the eurozone, government ratios are rising in all countries. Growing state bureaucracy, the financing of the artificial GDP that Brussels calls the 'Green Deal', nonsensical regulations and a growing welfare state that irresponsibly ignores the demographic facts of collapsing reproduction rates will significantly exacerbate this problem in the coming years.

The crowding out of the private sector by the growing state sector can be seen very clearly in the falling investments and the stagnating or even falling productivity in individual regions of Europe. This creepy policy is doomed to never leave the crisis mode that it itself has created. The gaping debt hole created by this political disaster can only be filled by printing money.

#EU #Europe #GreenDeal #Socialism #ECB #Inflation #Bitcoin https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/1800d46642a922063d13bf1a43c6a47237d325ee46f7c4410a9a2ee9e9295b9d.webp

He will be part of the next CDU/ Green coalition. So show will go on

Beijing Unveils Massive Stimulus

The Keynesian fiat theater is once again taking on the most bizarre form of predictability. If the over-bureaucratized and over-intervened economic engine stutters, liquidity is pumped into the system, interest rates are manipulated and politicians engage in their well-known competition for the stupidest subsidy programmes.

Now it's China again. In a bold move to jumpstart its faltering economy, the CCP has announced an unprecedented fiscal stimulus package. Finance Minister Lan Foan revealed plans to inject 2.3 trillion yuan ($325.5 billion) into the economy over the next quarter, marking the largest intervention since the 2008 financial crisis.

This strategic initiative aims to address multiple economic pain points:

Supporting struggling local governments

Bolstering the ailing property market

Strengthening state banks' capital reserves

Providing relief for low-income citizens

The stimulus includes issuing special bonds and lowering debt ceilings for local administrations, freeing up funds for infrastructure projects and job protection. Lan hinted at additional "counter-cyclical measures" to combat deflationary pressures and weak consumer confidence.

This decisive action comes amid growing concerns over China's economic health, with recent data clearly missing forecasts and threatening the government's 5% growth target.

#China #Economy #FiscalStimulus #GlobalMarkets #EconomicRecovery #inflation #bitcoin

Escalation or Negotiation? Germany's €1.4B Military Aid to Ukraine Sparks Debate

In a move that has raised eyebrows among peace advocates, German Chancellor Olaf Scholz has announced a €1.4 billion military aid package for Ukraine. This decision, while touted as defense support, has sparked concerns about the continued escalation of the conflict.

The package, including air defense systems, tanks, and combat drones, cements Germany's position as Europe's leading military supporter of Ukraine. However, critics argue that this approach may prolong the war and hinder diplomatic solutions.

From a libertarian perspective, this massive spending of taxpayer money on foreign military aid is questionable. Instead of fueling the conflict, there are growing calls for immediate peace negotiations and a diplomatic resolution.

Ukraine's President Zelenskyy has presented a peace plan aimed at ending the conflict by 2025 (let's see what it's worth). However, the continued influx of weapons raises doubts about the genuine pursuit of peace. Libertarians emphasize that true security comes not from military might, but from free trade, open dialogue, and non-intervention. They argue that the €4 billion earmarked for future aid could be better spent on fostering economic ties and rebuilding infrastructure.

As the conflict drags on, there's an urgent need to shift focus from military solutions to diplomatic ones. The international community should prioritize facilitating peace talks and exploring non-violent conflict resolution strategies.

It's time to ask: Are we genuinely seeking peace, or are we perpetuating a cycle of violence at the expense of taxpayers and human lives?

Despite ongoing calls for diplomatic solutions, international support for Ukraine's military efforts continues to increase. Some observers note that this approach may prolong the conflict, while supporters argue it's necessary for Ukraine's defense. The situation remains complex, with various nations and organizations pursuing different strategies and objectives in the region.

https://www.lemonde.fr/en/international/article/2024/10/11/zelensky-says-he-wants-war-with-russia-to-end-by-2025_6729091_4.html

#DiplomaticEfforts #InternationalRelations #Ukraine #EU #UK #Russia

EU Censorship: Government-Sponsored Reporting Centers

In an alarming trend sweeping across the USA and Europe, the fundamental right to free speech is facing unprecedented challenges in the digital realm. Recent exposĂŠs, reminiscent of the Twitter Files, have shed light on what can only be described as a burgeoning "censorship bureaucracy" threatening to suffocate open discourse online.

Under the guise of combating "hate speech" - a conveniently malleable term with no clear legal definition - governments and tech giants are colluding to expand their control over what citizens can say and see on the internet. This insidious partnership between state and corporate power should send chills down the spine of anyone who values liberty.

One particularly troubling development is the emergence of government-sponsored "reporting centers" designed to flag and remove content deemed undesirable by the powers that be. These Orwellian institutions operate in a legal gray area, collecting and processing user data with questionable regard for privacy laws or due process.

Make no mistake: this is not about protecting vulnerable groups or fostering civility. It's about control. By gradually narrowing the boundaries of acceptable speech, authoritarians aim to quash dissent and manipulate public opinion. Their endgame? A docile populace that doesn't dare question the official narrative.

As lovers of freedom, we must vigilantly guard against these encroachments on our liberties. The internet has been a powerful tool for decentralizing information and challenging entrenched power structures. We cannot allow it to be transformed into a sanitized echo chamber for approved thoughts.

It's time to take a stand. Support platforms that prioritize free speech, encrypt your communications, and never stop speaking truth to power. Ourl liberties hang in the balance.

#FreeSpeech #DigitalLiberty #CensorshipResistance #InternetFreedom #BigTechTyranny #nostr #bitcoin

US Producer Prices Stagnate, Core Inflation Persists

September's Producer Price Index (PPI) in the US remained flat month-over-month, surprising analysts who expected a 0.1% increase. Core PPI, excluding volatile components, met expectations at 0.2% MoM.

Year-over-year figures paint a different picture. Overall PPI rose 1.8%, surpassing the projected 1.6%. Core PPI climbed 2.8% annually, exceeding the anticipated 2.6%.

These mixed signals suggest underlying inflationary pressures persist despite top-line stability.

#EconData #Inflation #USEconomy #MarketWatch

At the level of the individual, socialist ideas are fed from two sources: firstly from historical ignorance and secondly from the far more repugnant resentment. Once they have coagulated into a veritable inner psychodynamic power source, these two forces transform once quite respectable faces into grimaces of anger.

- Monstrum in fronte, monstrum in animo -

And there is no one to whom such faces are unknown!

#communism #socialism #freedom #libertarian

China's Economic Gambit: Massive Stimulus Package on the Horizon

Beijing is poised to unveil a substantial economic stimulus package, potentially reaching trillions of yuan, as the government seeks to reinvigorate its flagging economy. Analysts anticipate the announcement this weekend, with estimates ranging from 2 to 10 trillion yuan ($282.8 billion to $1.4 trillion).

The package is expected to target domestic demand, bank recapitalization, and local government debt restructuring. Consumer-focused measures may include social welfare spending and trade-in programs, aiming to boost household spending.

While some experts argue for a bold 10 trillion yuan injection to combat deflation and restore investor confidence, others predict a more modest approach. The government may opt for phased announcements to avoid signaling severe economic issues.

The timing is crucial, with the finance ministry facing high expectations to deliver a convincing plan. Forward guidance for 2025 policies is anticipated, though specific details may emerge later at the National People's Congress standing committee meeting.

#ChinaEconomy #StimulusPackage #GlobalMarkets #EconomicRecovery #bitcoin #china

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/572250766823fe6e7af73046f9e1c469e2b5d2fc2c5977bef7df636d557083f6.webp

Can someone please explain to the germans how central banking works? Can someone explain that it has a built-in devaluation mechanism that virtually destroys the purchasing power of cash?

#germany #inflation #ecb #euro #financialignorance https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5facd39d1c87920a844a4bb4fca899b5cb65f4b21372c0bd10c60fb0b9f7fca7.webp

Danish Psychotherapist Sued For $14,000 For Misgendering, After Warning About Trans Male's Hardcore Porn Content

Danish Psychotherapist Sued For $14,000 For Misgendering, After Warning About Trans Male's Hardcore Porn Content

A woman in Denmark is being sued for $14,000 due to allegations of "harassment and defamation" for misgendering a "trans-identified male with masculine pronouns". To be honest, after reading that line multiple times, we still don't know what gender the "victim" was formerly, and claims to be now.

Psychotherapist Lotte Ingerslev, a critic of gender ideology, "misgendered" Nadia Jacobsen while alerting her female followers about his hardcore fetish porn content. According to https://reduxx.info/denmark-woman-sued-for-14k-after-misgendering-a-trans-activist-and-sissy-fetishist/

:

Ingerslev’s blog post had documented the pornographic videos and images Jacobsen had posted to his social media and various fetish pornography websites. In one post made by Jacobsen to his now-defunct Tumblr account, nadiatv, he can be seen engaging with his male followers by way of gamifying his own sexual masochism.

After warning her followers, on August 29, Ingerslev received a letter from Jacobsen’s attorney demanding she delete a blog post exposing his sexual behavior and his role in drafting “inclusivity” policies for the Danish Football Association.

The post, published March 6, was titled: “Man whose pornographic, fetish-focused videos are available for public viewing online helped draft DBU’s new ‘inclusive’ recommendations to allow men into girls’ changing rooms.”

?itok=XkIN4Pt3

“To make it a little more interesting I am going to let you all decide for how long I should refrain from masturbating. I can’t wear a chastity cage all the time, but when I am home I will… For every ‘like’ you add one day. For every reblog you add 3 days… I will only come [sic] as a girl for the rest of my life," Jacobsen had written. Reduxx notes:

There are also several photos and videos of Jacobsen masturbating himself anally with a sex toy while pretending to be a woman and wearing lingerie. Within the transgender pornography fetish community, a man’s rectum is described using terms typically associated with female genitalia.

The letter also sought compensation of at least DKK 100,000 ($14,000 USD) and accused her of harassment, defamation, and misgendering, according to https://reduxx.info/denmark-woman-sued-for-14k-after-misgendering-a-trans-activist-and-sissy-fetishist/

.

The Reduxx https://reduxx.info/denmark-woman-sued-for-14k-after-misgendering-a-trans-activist-and-sissy-fetishist/

that lawyer Nikolaj Nielsen wrote: “Lotte Ingerslev has unlawfully violated Nadia Jacobsen’s privacy and honor by publishing on her website transkoen.dk an article that contains a number of information and images of an intimate nature, untrue claims, as well as by harassing Nadia Jacobsen in the article because of Nadia Jacobsen’s gender identity.”

“As illustrated by the title of the article, Lotte Ingerslev chose to misgender Nadia Jacobsen throughout the blog post and consistently refer to Nadia Jacobsen as a man, as well as to use the pronouns he/his when she refers to Nadia Jacobsen in the third person,” the suit continues.

“In Danish law, it is generally recognized that deliberate misgendering of a trans person constitutes harassment.”

https://cms.zerohedge.com/users/tyler-durden

Fri, 10/11/2024 - 02:45

https://www.zerohedge.com/markets/danish-psychotherapist-sued-14000-misgendering-after-warning-about-trans-males-hardcore

Good morning everyone. I had a wonderful dream in which the Europeans decided to secede from Brussels and hyperstate. It ended with Ursula von der Leyen washing her hands while whistling the 'Ode to Joy' - some will remember! #EU #freedom #secession