ECB's Battle Against Inflation: 'Victory in Sight but War Not Over'

The European Central Bank maintains a cautious stance as inflation shows signs of resilience. ECB Chief Lagarde projects reaching the 2% target by 2025, barring major economic shocks. Germany's unexpected inflation uptick to 2.0% from 1.6% raises eyebrows among economists.

While the ECB has already cut rates to 3.25% and more cuts are expected, Bundesbank President Nagel advocates for patience. Some analysts push for aggressive 50bp cuts, but concerns about premature easing persist.

But there is this little economic problem in Europe: no growth and fast rising public debt. Rising rates on the bond market threaten to collaps the whole zombie economy ZIRP created that will pull down the banking sector and gov budgets into chaos and illiquidity. If You watched UK's Gilts this week You know what's coming to the Eurocommies...

#ECB #EuropeanEconomy #MonetaryPolicy #InflationWatch #EuroZone

This is how too many Europeans imagine the basis of a flourishing economy. State bureaucracy is the ever-growing parasite fattening on the productive sector of society until an order topples.

#eu #socialism #mises #freedom https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/e6694dad72e5ec03c632bbcb7abdf91ca884398348e4d4081da97931022443bb.webp

What Friedrich wanted to say is: 'Buy and hodl the goddamn corn!' And he was right - this is the most important transition we can do in our life.

#bitcoin #nietzsche #freedom https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/bec25f9715c0c8a949f4768035decbb04d0bd41eb09bdc04d34c003d453f387d.webp

Really?

Economic Crossroads: U.S. Labor Market Reveals Fragile Recovery Signs

The U.S. economy is navigating a delicate balance, with October's economic indicators exposing underlying market tensions. Job creation has slowed to a crawl, with only 12,000 nonfarm payroll positions added—a stark contrast to the previous month's 254,000 jobs.

Critical Data Points:

- Job Growth: 12,000 jobs (vs. 100,000 expected)

- Unemployment: Steady at 4.1%

- Wage Growth: Holding at 4.0% annually

- Manufacturing PMI: Contracted to 46.5 (below 50, indicating recession)

Sector Breakdown:

- Manufacturing New Orders Index: 47.1 (expansion threshold: 50)

- Manufacturing Employment: Dropped to 44.4

- Manufacturing Prices: Surged to 54.8 from 48.3

Market Sentiment: Businesses report "wait and see" approach, with customers hesitant to commit to inventory, signaling potential economic uncertainty.

#EconomicTurmoil #JobMarket #Manufacturing #EconomicIndicators

Good news from #Boeing: the end of the woke nightmare is on the horizon! However, immense damage had to be done before those responsible, subjugated by infantile ideologues, were prepared to admit their mental and ethical aberration. On Tuesday, the groundwork could be laid for a faster disintegration of cultural Marxist lala land and the revival of meritocratic principles could see a light at the end of a very long dark tunnel.

#wokeism #socialism #harris #trump #uselections2024 https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/b30a8cc5904ddf3b56f29f1dfdc7e53a6d0b2282875ad9e9e448bc2eb083d05c.webp

Chinese Manufacturing Rebounds: October PMI Signals Economic Pulse

Beijing's September stimulus package shows first signs of success as manufacturing activity expands beyond expectations. October's Caixin PMI hit 50.3, breaking through the critical 50-point mark and surpassing analyst projections of 49.7. While domestic orders surged, pushing output to a 4-month high, the labor market tells a different story with the sharpest workforce reduction since mid-2023. Material costs are trending upward again after a two-month decline.

#ChinaEconomy #Manufacturing #GlobalTrade #MarketUpdate https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/d07d5025e0bf59740dfa12a2e28b1182346a5c68c36ae8b915241c8fbebf117b.webp

Zero intellectual evolution

Whoever still follows these commie clowns deserves what's coming... #eu

nostr:nevent1qqs9h5e6gmsdu72jjqy4mrdhdh5xk5rzter9h3n5745j2gm3k27dwjcpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7q3qmxq4j8sw5c2nhp58k2hdvu9t0kdkcwksrz3kpv5zpv70pa7q4cmsxpqqqqqqzg9h2zy

What a stupid radical left propaganda bs. It's time to get over this. I can't stand this brain diarrhea any more.... #trump #harris

nostr:nevent1qqszr82z3nkdpy7r8f0d2swqhnafpnfgu6jne39fyfwcwpeylzmje3qpr9mhxue69uhhyetvv9ujumt0d4hhxarj9ecxjmnt9upzpc9fva9c35wgrqyvfyc77ulcvdc2qkm656fcvsxszkdfxv0d5q2nqvzqqqqqqyr0hqtv

Green Socialist Policies Trigger Industrial Exodus and Labor Market Collapse in Germany

EY's bombshell study exposes the double catastrophe: 45% of industries fleeing abroad while unemployment numbers surge. Only 13% of manufacturers dare to expand domestically, as bureaucratic warfare drives job creators overseas. The labor market is now showing the inevitable consequences, with rising unemployment rates signaling the transformation into a green socialist paradise.

Key revelations:

- Industrial exodus accelerating under green agenda

- Unemployment climbing as manufacturers flee

- Skilled workers facing uncertain future

- Job market deteriorating under regulatory burden

- Double hit: Capital flight + rising joblessness

Here You find the study: https://www.ey.com/de_de/newsroom/2024/11/ey-industriestandort-deutschland-november-24

#germany #industry #greendeal #climatescam #Unemployment #IndustrialExodus #JobKillers #GreenSocialism #ampel

Duran Podcast: Situation for the Ukrainian army continues to deteriorate

The Russian army has briefly taken control of the situation in the Kursk region and is making significant progress in Donbass and on the southern border. Meanwhile, Western media jump on the story of North Korean soldiers in the Kursk region as a diversionary tactic. Learn more about the current situation in the war zone on The Duran's podcast.

https://fountain.fm/episode/7WvYr9J69krYpLrAYRg3

#ukraine #nato #russia #media #northkorea

US: Chicago PMI Signals Economic Slowdown While Labor Costs Keep Rising

Chicago's economic pulse weakened this October, with the PMI dropping to 41.6 - well below market expectations of 46.8. This dip below the crucial 50-point growth threshold suggests trouble ahead for one of America's key economic hubs.

Meanwhile, Q3 labor costs paint a complex picture: up 0.8% quarter-over-quarter and 3.9% year-over-year. Both wages and benefits saw identical 0.8% quarterly increases, slightly undershooting economist predictions.

#economics #chicagoeconomy #labormarket #pmindex #marketindicators

Bad news for those who want to use the climate apocalypse to create a new economy, an artificial GDP: investors are showing them the red card and are channeling capital back into the productive areas of the economy. We need real rates at 5% to get rid of this subsidized garbage!

#ESG #climatescam #stockmarket #wef #eu #greendeal

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/36e0a82e69b80cbfa730633f8048723e9a0019df481fc8d7675f2647a260178c.webp

Central Banks: Coagulated Rent-Seeking Mechanisms

The central bank installed and secured legally, narratively and morally by a kleptocratic state - and state bodies always exhibit increasingly kleptocratic traits towards the end of their life cycle - degenerates into a major destroyer of healthy incentive structures in the economy and in social life.

The state loses the limits imposed by the credit market and begins to proliferate like a cancer with the help of credit creation out of nothing, while the entire credit-creating sector regularly loses its way in the putrid fog of excessive moral hazard due to the existence of this lender of last resort.

We can study the mechanism everywhere these days. The economic stimulus program, which is supposed to lift the staggering Chinese economy out of the crisis with the help of the PBoC's note press, the debt creation programs of the US government - everything continues to follow the rhythm of the infantile Keynesian script.

A good example is the core program of the centralist state, the Green New Deal. The media has been plunged by the climate apocalypse and the scaremongering, a gigantic subsidy machine is rolling out across the continent, which, through the credit interest rates manipulated by the central bank, systematically damages the productive part of the economy by absorbing resources and directing the unproductive channels. By executing this program, financed in large by the ECB, an artificial GDP is to be created, which is centrally controlled and in this way completely eliminates the original natural mechanism, the free market economy.

The now visible price for this madness is rising commodity prices, the manipulation of asset bubbles and an increasingly far-reaching misallocation of scarce resources - the cradle of intervention spirals!

The fact that it is nevertheless possible to stabilize this increasingly unstable monetary system, which has been slithering towards its decline along a growing tilt angle over time, is entirely thanks to the success of the propaganda department. The central banks sit, completely exempt from media criticism, like fat parasitic drones in their nests, redistribution apparatuses with a built-in ignorance mode, unethical, dangerous.

But the fact that it has seriously succeeded in publicly manifesting an inflation target, i.e. convincing the public of an institutionalized robbery, is diabolically ingenious.

#inflation #purchasingpower #centralbank #fed #ecb #cantillon #bitcoin

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Economic Symphony: Inflation, Labor, and Market Dynamics Converge

In a nuanced economic performance, September's data reveals a complex interplay of inflationary pressures, labor market resilience, and market expectations. The latest economic indicators paint a picture of measured stability and underlying strength.

Inflation Landscape:

- PCE Year-over-Year: 2.1% (Steady)

- Core PCE: 2.7% (Marginally Exceeding Expectations)

- Monthly PCE Growth: Subtle but Persistent

Labor Market Vitality:

- Initial Jobless Claims: 216,000 (Significantly Below Forecast)

- Continuing Claims: 1,862,000 (Under Projected Levels)

- Unemployment Metrics Signal Economic Robustness

#EconomicInsights #MarketAnalysis #InflationTrends #LaborMarket #EconomicOutlook #InvestmentStrategy #MarketDynamics #EconomicResilience

Pentagon Confirms North Korean Military Presence in Russian Theater

The U.S. Department of Defense has identified a significant development in the ongoing Eastern European conflict: approximately 10,000 North Korean military personnel have been deployed to Russian territory, with units advancing toward the Ukraine border region.

Key Intelligence Points:

• NK forces observed wearing Russian military uniforms

• Deployment concentrated in Kursk region

• Personnel operating under falsified identification

• Clear indication of expanding international involvement

Strategic Implications:

This unprecedented personnel deployment following Russia's international weapons procurement efforts may indicate positioning for possible settlement talks after the US elections.

#DefenseStrategy #InternationalSecurity #MilitaryIntelligence #GlobalAffairs #DefenseAnalysis #MilitaryOperations #InternationalRelations

Eurozone Inflation Hits Sweet Spot at 2%, Job Market Strengthens

October's data shows the Eurozone economy threading the needle perfectly - inflation landed exactly at the ECB's 2% target while unemployment dipped to 6.3%. Monthly prices rose 0.3%, outpacing estimates, but the yearly figure suggests monetary policy may be working as intended. Skies are clear to pump!

#ECB #EuropeanEconomy #Inflation #MacroEconomics

Japan's Central Bank Plays It Safe: Interest Rates Steady Despite Economic Headwinds

Japan's monetary watchdog keeps its powder dry, maintaining rates at 0.25% - the highest since '08. Governor Ueda's taking a wait-and-see approach amid global uncertainties and domestic challenges. Construction's down 21%, manufacturing's struggling (-2.8% YoY), but retail's showing a pulse (+0.5%). The real kicker? Japan's massive debt load means big rate hikes are off the table, potentially spelling trouble for the yen.

Core inflation projections: 2.5% (FY24), 1.9% (FY25/26). Markets watching closely as Japan navigates these choppy waters.

#Japan #Ec https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/92464556e7d977bb8c45b6e7ad4f4aad34b45b0992f3cfc412746acf8b0b00da.webp onomy #BOJ #MonetaryPolicy #YenWatch #GlobalMarkets

USA No.1 Oil Producer

Quick fact check on oil production: always look at what they do not what they say! The USA plays in the champions league of fossil fuels. And they will soon be deciding the race for nuclear power again. The morons from Germany and the European Union have miscalculated and put themselves between all the stools.

#usa #oil #energy #eu #germany

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