Avatar
Ghost of Truth
863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183
Seek wisdom, embrace freedom, secure Your future with #Bitcoin - be #ungovernable. #History #Philosophy #Economy

I'll download that, thank You. I started 'Meltdown' by Tom Woods yesterday. Highly recommend this! It's free to download on his HP or at the Mises Institute

BRICS: Flight Into Gold Began With The GFC

It is interesting to see how the BRICS countries sought their escape into gold at the beginning of the Great Financial Crisis (GFC) which quickly turned into a massive sovereign debt crisis. It is obvious that the political leaders in this room no longer expected the G7 countries and the Western economies to be able to free themselves from their debt spiral. Incidentally, it was also assumed that the West would show itself to be capable of using the established against the renegade. If you look at the massive sanctions regime of the USA, you can say: they weren't entirely wrong!

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/6e91455504c2641aa3e213c9e7c7d284d23831f53cf1b8ad9be56a0f6020a658.webp

#BRICS #gold #usa #G7 #debtspiral #russia #china

Germany: when the success of the past has gone to your head

This is what it looks like when a previously

technology-leading economy and stable society turns into a madhouse. Unbridled invasion of people from other cultures into the social systems that are supposed to protect those who have pulled the cart so far, plus perverse bureaucracy, high fiscal burdens, a demographic collapse and the war of the eco-socialists against all reason and economics.

This is the first phase of an economic collapse. The private sector is withdrawing capital (138 bio. Euro of direct inv last year alone), state budgets will soon face major problems and unemployment is already rising noticeably. This economic death spiral could only be broken if the whole of society woke up and turned to a free market economy, the private organization of capital and trade. So far there is no sign of this! The collective German response seems to be a comeback of socialism. This will of course further accelerate the death spiral of the economy, as we can see from the automotive industry, which is already in the midst of a disaster.

#Germany #recession #GreenDeal #wef #migrationcrisis #socialism https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/17ff1cc4942c7037f7bf3d740e5c39435cfab2e0a805bf8e861e57ac23e71076.webp https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/8dd15364b18bf6b4244a65f5fba9060402eaf71ab269f6b5247e1a8c0a929c32.webp

Markets: USA Outruns Everyone

We are all familiar with the regularly recurring surveys by institutes and the media on comparisons of economic locations. For me, the only barometer that has any validity is the market. Over the years since the great debt crisis (that obviously is accelerating again), free-floating capital has voted with its feet and China and the Eurozone have really been outpaced. Do You remember the phrase: capital moves where it's treated best? That's exactly why we wittness these coordinated globalist's attacks - free competition would reveal the level of decay of the statism and control order we live in right now.

Imagine what will happen if the Americans remember their own founding values of soveteignty, non-interventionism and their tradition of free markets as the real medium of democracy and meritocracy? This country has the potential to attract both financial and investment capital from all over the world like a vacuum cleaner. To heal the wounds the radical green-left did to Europe we would need this pressure to overcome the infantile dependence of a parasitic bureaucraric state.

Just a reminder: the radical green socialist government in Germany is driving companies abroad with its paternalistic, statist disaster policy. Last year alone, 138 billion euros in direct investments were withdrawn from Germany on a net basis. Anyone who does not understand the sick ideology of these politicians will be in for a shock in the coming years.

#USA #china eu #stocks #geopolitics #freemarket #misesinstitute #mises #deutschland #ampel https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/eda5d721a9e88bc28d031bbb1d02db0dd7a6de440c740352ed4b08e490ba31ee.webp https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/62fa26ff65537a023502c5917a82fe4fb3a410918d4ab05d078ff60ec0d89047.webp https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/c09b80e52506835a86979e30c2c11fd98019a6fa07abb488365150b1cca4985d.webp

The lead of #US-Americans in productivity and growth over #EU - #Europe is truly remarkable. While Europe's regulatory champions are treading water, the small window of free enterprise that remains is enough for American society to unleash tremendous economic power. I wonder what it would look like if a libertarian mindset took hold and unleashed all the forces?

#btc https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/88ebace0684b8a97293d87c4651c78dba84134f3a716e64eeaead2a6dadbbe21.webp

Tom Woods Show On Demographic Collapse

Reproduction rates are collapsing worldwide, putting existing social systems such as pension systems under massive stress. They are increasingly on the brink of collapse and are becoming open Ponzi schemes.

What happens next? The collapse of the Chinese real estate market gives us an initial idea of the volatility to come. Over 13 trillion dollars in nominal value has been wiped out, making the lending banks illiquid. Can the Keynesian fiat money system pump up new asset bubbles to stop the decline? Credit must be kept liquid, whatever the cost, or credit freeze and system collapse will occur. In the Tom Woods Show, they get to the bottom of this phenomenon.

Click here for the podcast: https://fountain.fm/episode/8HhNyHl97QXvA1hXMM5A

#demographics #fiatponzi #welfarestate #china #bitcoin #tomwoods #mises

Tehran Signals Retaliation: Middle East Tensions Reach Critical Point

Rising tensions between regional powers took a new turn as Tehran vowed to respond to recent military strikes that damaged key defense installations and resulted in military casualties. The incident, which initially received measured responses, has evolved into a more serious diplomatic crisis.

#MiddleEastCrisis #RegionalSecurity #DefenseStrategy #GeopoliticalTensions