whoever invites the third world becomes the third world! #EU #invasion
One of my absolute core competencies. We can do more of that, cheers!
That's really interesting. But who in the name of Baby Jesus would sacrifice his #Bitcointo hand it over to some wealth destroying gov morons? https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/110a1a3c14580ff77eead14a9537052486264c0f589588a2f6100309aaf384ab.webp
China's Economic Perfect Storm: When More Debt Is Like More Alcohol
China's latest $839 billion refinancing program is like prescribing more alcohol to cure alcoholism. The world's second-largest economy is trapped in a deflationary spiral, with consumer prices falling 0.3% year-over-year in January 2024, while central planners keep pushing credit through every available channel - essentially serving another round at last call.
The hangover numbers are sobering. Government debt has reached a staggering 282% of GDP, while the population dropped by 850,000 in 2023 - the first decline since 1961. The working-age population is shrinking by 6 million annually through 2050, creating demographic headwinds that no amount of financial stimulus can overcome. Meanwhile, the property sector, representing 40% of GDP, shows severe withdrawal symptoms.
Most alarming is the diminishing return on this debt addiction. Each new yuan of credit now generates just 0.2 yuan in GDP growth, down from 0.8 a decade ago. With shadow banking assets reaching $12.7 trillion and youth unemployment hitting 21.3% in 2023, Beijing's Keynesianism-on-steroids looks increasingly like the last drinks of a desperate party.
The new debt ceiling of 35.52 trillion yuan and the three-year refinancing program are just hair-of-the-dog solutions to a structural crisis. Pushing more credit into a saturated system is like forcing drinks into an already intoxicated economy - it might delay the inevitable, but it makes the eventual reckoning more severe.
This isn't just about economic metrics - it's about the fundamental limits of debt-driven growth in an aging society. As China discovers that you can't cure a debt hangover with more debt, the global implications of its economic transformation remain profound and far-reaching.
#china #pboc #ccp #mises #soundmoney #bitcoin
GM,
freely interpreted, this man referred to #soundmoney.
Have a nice day
US Election: Mises Media On The Current State Of The US Economy
The seeds have long been sown: the dreadful policies of the Keynesian, statist political camarilla of recent years, which applies to the US as much as to the eurozone, will inevitably lead to a severe economic crisis. The first signs can already be seen in former strong growth regions such as Germany, where industry is collapsing in the wake of green interventionism and the madness of sanctions against Russia. The state has exhausted its resources, overstretched its radius of action, created special bureaucracies and built up parasitic structures that will have to be felt from the market in the coming crisis.
Mises Media is concerned with the question of what leeway the new President Donald Trump will have when this crisis strikes. As economists and historians, we know of course that the only way forward is to return to a free market economy, to self-sovereignty and to the separation of state and money. The end of central banks should be an issue at the end of this crisis at the end of the decade.
https://fountain.fm/episode/jq0KgDztvQzcG1SQozMN
#trump #usa #recession #uselections2024 #fed #eu
US Productivity Growth Grows in Q3
Non-farm productivity in the United States maintained strong momentum, climbing 2.2% in Q3 2024, marking another quarter of robust growth despite market uncertainties. The Department of Labor's latest report reveals a continuing trend of solid productivity gains.
While slightly below analysts' projections of 2.5%, the Q3 performance builds on a revised Q2 growth of 2.1%. The previous quarter's figures were adjusted downward from an initial estimate of 2.5%.
Unit labor costs rose 1.9% during the period, showing moderation from Q2's 2.4% increase but exceeding market expectations of 1.1%. This suggests persistent wage pressures in the labor market.
Key Stats:
• Q3 Productivity: +2.2%
• Q2 Revised: 2.1%
• Unit Labor Costs: +1.9%
• Market Expectations: 2.5%
#EconNews #USA #Productivity #LaborMarket #EconomicData #BusinessNews #MacroEconomics #Economy #Fed #Economics
Thoughts on Fed's Day
Bitcoin isn't just numbers on a screen - it's your vote for a future where you write the rules of your own life.
The moment you took self-custody was the moment you chose freedom over comfort.
They'll call you crazy until they call you visionary.
But the real victory? It's not in the price.
It's in becoming someone who values truth over convenience, responsibility over handouts, and patience over instant gratification.
Stack sats. Build yourself. The gains in character compound faster than the gains in your wallet.
And somewhere in the future, a more sovereign you is nodding in approval.
#Bitcoin #PersonalSovereignty #StackSats #BeYourOwnBank #Sovereignty #SoundMoney #Fed
Federal Reserve Cautiously Lowers Interest Rates Amid Easing Inflation and Labor Market Conditions
The Federal Reserve has announced a 25 basis point reduction in the benchmark interest rate, lowering it to 4.75% from the previous level of 5%. This move is seen as a cautious step towards balancing the risks to the employment and inflation goals.
In its statement, the Fed acknowledged that inflation has made progress towards the 2% target, but remains somewhat elevated. Notably, the central bank also indicated that labor market conditions have generally eased, with the unemployment rate having moved up, though it remains low.
The Fed's decision reflects a measured approach, as it aims to navigate the delicate balance between supporting economic growth and maintaining price stability. Analysts suggest this adjustment signals the central bank's confidence in the gradual improvement of economic conditions, while remaining vigilant about the lingering inflationary pressures.
The Fed Statement:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20241107a.htm
#FederalReserve #InterestRates #Inflation #EconomicPolicy #fed
'I had only been elected for a few hours and was still in bed when I already burst the green German infantile government and thus eliminated the greatest suffering of the Germans. That's yuuuuge!
Donald Trump on the collapse of the German government
#germany #ampel #fdp #grüne #spd #scholz #trump #donald
The left-wing pseudo-intellectual newspaper 'Die Zeit' provides impressive proof here of why the mainstream media is going down the toilet bowl as a stupid appendix to government propaganda. Nobody needs such trash journalism, the future belongs to independent platforms like #Nostr.
#msm #media #propaganda #socialism #DieZeit #trump #uselection2024 #X
U.S. Jobless Claims Show Mixed Signals in Latest Report
The latest U.S. jobless claims report presented a mixed picture of the labor market. Initial jobless claims, which track new applications for unemployment benefits, came in at 221,000 for the most recent week. This was higher than the previous week's figure of 216,000 and slightly above the estimated 222,000.
On the other hand, continuing jobless claims, which measure the total number of Americans receiving ongoing unemployment assistance, rose to 1,892,000. This was up from the prior week's 1,862,000 and exceeded the estimated 1,873,000.
#us #JobMarket #EconomicIndicators #UnemploymentData
Tom Woods Show On The Background Of The Ukraine War
If you want to make the effort to break through the propaganda fog that shrouds the Ukraine clinic, I recommend you take the time to listen to this episode of the Tom Woods show. Nothing is as it seems in the world of the political media propaganda fantasy circus.
Here You'll find the podcast: https://fountain.fm/episode/N5kAy2FvJK2a1FHllM3o
#tomwoods #mises #nato #ukraine #ukrainewar #usa #deepstate #peace #warmongers
Turbulent Times: German Businesses Brace for Surge in Insolvencies
Germany's economy is facing a perfect storm, as a long-standing downturn and soaring costs push more companies to the brink. Recent data from the Leibniz Institute for Economic Research Halle (IWH) shows a "sharp" increase in German business insolvencies in October, reaching the highest level in 20 years.
Researchers point to a combination of prolonged economic weakness and skyrocketing expenses as the driving factors behind this troubling trend. The impending election of Donald Trump as US President is also seen as a potential catalyst, with the German economy deemed highly vulnerable to the ramifications.
As the manufacturing sector struggles, with a significant decline in auto production, experts warn that the situation could deteriorate further. Companies across various industries are feeling the strain, underscoring the urgent need for policymakers to address this growing crisis.
Some data:
- German business insolvencies spiked in October, reaching 1,530 - the highest level in 20 years
- German manufacturing production fell 2.5% in September compared to the prior month
- Automotive production dropped 7.8% month-over-month in September
- Experts cite a prolonged economic downturn and soaring costs as the driving factors
- The impending Trump presidency is seen as a potential catalyst for further economic vulnerability
Germany is becoming a textbook example of what happens when interest rates suddenly rise after a long period of zero interest rate policy and interest rate manipulation. The economy, which was bred as part of the Green Deal fashion, is in collapse.
#Germany #Economy #Insolvencies #BusinessFailure #Trump #ampel #recession #greendeal #eu
I am german living in AndalucÃa... nice to meet You here. Asà es la vida...
Really? I don't think so. The Atlas initiative is an interesting movement. But there is no interest
The FDP Submarine Is Scrapped - May Libertarianism In Germany Rise
What I have been pointing to for years has now happened: the German socialist coalition government has collapsed against the backdrop of the gigantic economic problems that the green socialist agenda has conjured up. In view of the decline of German industry and the deliberate invasion of the German social systems, it has almost been forgotten that it was these politicians who caused the most serious damage to Germany as an energy location through the nuclear phase-out, that it was precisely these functionaries who drove the core industry of the German economy, the automotive industry, the chemical industry and mechanical engineering into a corner with incredible regulation and the climate apocalypse, which really only the infantile and mentally less well-off can take seriously at this point.
The would-be liberal party FDP has done nothing to facilitate peace in Ukraine, on the contrary, they are one of the driving forces behind stifling any diplomatic efforts from the outset. They have done nothing to combat the ever-expanding bureaucracy in Brussels, to give the private sector more leeway again, they have completely submitted to the Green agenda of de-growth and societal destruction, in line with the globalist agenda of the WEF.
These pseudo-liberals have not dared to make the slightest attempt to defend civil rights during the covid lockdown regime, quite the opposite: they have virtually enjoyed the misery of the citizens with their communist friends in the government and gleefully poured their gain in power into law via their weird Minister of Justice. Disgusting!
The massive structural problems that the construction of a supernational coercive body of socialist format in Brussels entails, the penetration of the legislative bodies under executive with core socialist ideas at its core makes it so urgently necessary to launch a real libertarian movement, which, however, must grow out of society from the okin, which remains rather doubtful in view of European history.
The fact that the collapse of the governing coalition in Germany coincides with the election of Donald Trump shows how deep the kick must have hit into the soft tissue of the globalists. This is a beautiful irony of history! Now it is important that the FDP disappears to create a vacuum and enable real libertarian politics. It must go down in history as the attempt to introduce a liberal seeming submarine into the German party system, which served the sole purpose of bringing the small liberal forces in Germany into a party that ultimately belongs to the socialist spectrum.
#germany #fdp #ampel #socialism #wef #climatescam #EU #greendeal #trump #maga #lindner #spd #grüne https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/2559edda03935406b583868019b5eaeef13020480f6b010e57792ca68ff42ca4.webp