Digital Financial Alliance: Moscow and Tehran Launch Cross-Border Payment Bridge
Major breakthrough in financial technology cooperation as two nations integrate their domestic electronic payment networks. The strategic partnership connects millions of cardholders across both countries, creating an alternative financial corridor. Central banking officials formalized the agreement linking Iran's Shetab system with Russia's Mir network, enabling seamless cross-border transactions. Step by step the West is pushing the massively sanctioned countries into a growing alliance...
https://www.zerohedge.com/geopolitical/iranian-russian-card-payment-systems-officially-linked-tehran
#brics #banking #crossborderpayments #sanctions #swift #usd #payments
An important statement of Donald #Trump to give us an idea where things are heading. A shrinking government is crucial to gain back personal sovereignty and a healthy economy.
#musk #x #usa #economy
Vitalik really is a zero T guy
Elon Musk’s X sued by Europe’s richest man
From RT
French newspapers owned by Bernard Arnault insist the platform must pay for content shared by users Several French media companies owned by billionaire Bernard Arnault have filed a lawsuit against Elon Musk’s social media network X, accusing the platform of distributing their content without paying for it. The lawsuit was filed on Tuesday by Les […]
Nov 13th 2024 2:35am EST
Source Link: https://www.rt.com/news/607558-elon-musk-x-sued-bernard-arnault/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
Share, promote & comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=874339
German Economic Meltdown: The Devastating Price of Government Control
A shocking new report reveals the catastrophic consequences of socialist-green policies in Europe's former industrial powerhouse. The German Economic Institute (IW) has exposed the brutal truth: a staggering €210 billion in investments have vanished into thin air since 2020, as bureaucrats and eco-zealots continue their stranglehold on the free market.
The numbers are devastating. In just the first half of 2024 alone, €40 billion in potential investments evaporated under the crushing weight of state intervention. This isn't just a temporary setback – it's the predictable result of unleashing government bureaucrats on a once-thriving market economy. The data shows a systematic destruction: €100 billion lost during the Ukraine crisis years, preceded by €70 billion vanishing during the pandemic-era command-and-control policies.
Let's call this what it is: a government-manufactured crisis. While politicians trumpet their "green transition" and "social justice" agenda, the real economy is bleeding out. Construction has ground to a halt. Manufacturing is fleeing. Innovation is being strangled by red tape. The supposed "climate salvation" is really an economic suicide pact.
The solution? It's brutally simple: Get the state out of the way. The path to recovery demands nothing less than a complete dismantling of the bureaucratic apparatus that's suffocating private enterprise. We need:
- Radical deregulation across all sectors
- Complete elimination of green energy mandates
- Abolition of suffocating social programs
- Free market solutions instead of state planning
- Unrestricted private capital formation
This isn't just about numbers on a spreadsheet. This is about freedom – economic freedom that's being systematically destroyed by bureaucrats who wouldn't recognize a market solution if it hit them in the face. Every day under this regime of state control pushes Germany further toward economic irrelevance.
The choice is stark: continue down the path of socialist-green destruction, or return to the principles that actually create prosperity – free markets, private property, and individual liberty. The clock is ticking, and €210 billion is just the beginning of what we'll lose if this madness isn't stopped.
#Economy #germany #greennewdeal #mises #Libertarian #FreeMarket #Socialism #bitcoin #Liberty #Deregulation #PrivateProperty
If Germany had a functioning government or even an educated and economically sophisticated political class it would have to bitterly regret the sale of Bitcoin now. It's good and right that in the land of climate apocalypticists and moral world champions, people are over such mundane topics. It will be interesting to see how they react in Lala-land when their European neighbors adopt Bitcoin to solve the problem they all have in common: the shitcoin of the European Communist Bank (ECB).
#germany #bitcoin #ampel #socialism #stupidity #soundmoney https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/e3ad6aba4d55eac3ec3629e793a2f0dae3c5834ed97e7fb1c4663b997c8518d6.webp
Oh cool. I love the atmosphere now. Still warm, sonny and few people. This morning I walked 90 min nearly without s.o. passing by
Nice, looks like Marbella? I'm near Málaga, Rincón de la Victoria.
Saludos
ECB: Central Planners Panic as Trump's Policy Challenges Their Control
In a telling display of central planning anxiety, European monetary authorities expressed grave concerns about potential US tariffs. The bureaucrats, desperately clinging to their own interventionist playbook, warn of challenges to their artificial price control mechanisms.
Key officials from the European purchasing power destruction bank (ECB) raised alarms about their diminishing ability to manipulate markets if new US policies strengthen the dollar and introduce actual tariffs into international trade.
The central planners' fears center around:
- Loss of artificial price control
- Market-driven currency values
- Reduced ability to manipulate interest rates
- Real competition entering markets
- Actual price discovery mechanisms
Most telling was their admission of being "unprepared" for market forces in 2018 - a rare moment of bureaucratic honesty about their reactive rather than market-driven approach.
#CentralPlanningFails #FreeMarkets #ecb #tariffs #bitcoin #eu #usa #trump
OK, now that we know #Germany is toast - who's next on the destruction agenda of the green commies in the #EU?
#Ampel #deutschland #socialism #climatescam https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/df603b25daf105efcc5ef14fde6e3b47b30bd9871465c07a4df028477db342a6.webp
EU's Economic Freefall: Quick, Blame Trump and Add More Regulations!
Latest ZEW numbers show Germany's economy tanking: 7.4 points, down from 13.1, meanwhile current conditions at a catastrophic -91.4. But wait, there's more! The entire EU's expectations collapsed from 20 to 12.5 points. But fear not - mainstream media already found our convenient scapegoat: Trump! Because obviously, it can't be the tsunami of regulations, taxes and infantile climate policy flooding businesses from Brussels and Berlin
Here's a modest proposal: Why not copy China's brilliant 5-year plan system? Just decree 5% growth - problem solved! And while we're at it, let's add MORE regulations, HIGHER taxes, and EXTRA paperwork. Because nothing fixes economic stagnation like strangling the last breath out of private enterprise!
Remember: When your policies fail, just add more policies! 🤡
#EconomicMadness #eu #germany #recession #zew #BureaucracyOverdose #CentralPlanningParadise #MoreTaxesPlease #China #mises
Deutsche Bank Warns: US Inflation Expectations Soar 31% Since September
Deutsche Bank economists have flagged a dramatic shift in market inflation expectations ahead of Wednesday's US CPI release. Their analysis reveals two-year inflation swap rates surging from 1.99% to 2.62% since September, suggesting growing market concerns. While September's core consumer prices hit a six-month peak, analysts anticipate a more modest 0.27% increase for October, according to the bank's latest market commentary.
#deutschebank #inflation #marketresearch #fedwatch #economicdata #tradingalert
Fund Managers Chase Small Caps in Historic Sentiment Shift
BofA's latest Fund Manager Survey reveals the most aggressive risk rotation since 2013. Money is sprinting up the risk curve:
- Global growth outlook: +33 point surge to +23% (July 2021 high)
- US growth expectations: +50 point leap to +28%
- Small-cap rotation: Massive 29-point swing to 35% overweight
- Risk appetite metrics: Highest since pre-COVID
- Capital flight from defensive sectors to cyclicals
- Value stocks seeing largest inflows since 2020
- Micro-caps and high-beta names experiencing record buying pressure
Institutional investors are abandoning safety plays and aggressively rotating into higher-beta, smaller-cap names. This risk-seeking behavior typically marks major market regime changes.
#marketdata #investing #smallcaps #riskrotation #stockmarket #marketregime #stocks #bitcoin
German Inflation Surge Signals Economic Warning: Core Rate Stubbornly High at 2.9%
Recent economic data reveals a concerning uptick in German inflation pressures, with October figures showing a significant acceleration from previous months. The Harmonized Consumer Price Index (HICP) jumped to 2.4% from 1.8% year-over-year, according to the Federal Statistical Office (Destatis).
The monthly increase of 0.4% confirms analysts' preliminary estimates from October 30th, highlighting persistent inflationary pressures in Europe's largest economy. Notably, the core inflation rate - excluding volatile food and energy prices - remains elevated at 2.9%, while the rate excluding only energy stands at 3.0%.
Key drivers behind this inflation surge include:
- Rising food prices
- Increasing service costs
- Monthly HICP growth of 0.4%
- National consumer price index reaching 2.0% annually
Market analysts are particularly concerned about the sticky nature of core inflation, which remains significantly above the European Central Bank's target. This development poses challenges for ECB monetary policy makers as they navigate economic stability in the Eurozone.
Adding to these concerns is the looming threat of energy price increases. The real disaster in Germany will become clearly visible once energy prices start rising significantly again. Play stupid (energy) games, win stupid prices...
The combination of persistent core inflation and potential energy price rebounds could create additional challenges for both consumers and policymakers in the coming months, potentially requiring adjusted monetary policy responses from the ECB.
#EconomicNews #Germany #Economy #Inflation #ECB #EuropeanMarkets #EconomicAnalysis #energycrisis #ampel
View into the presentation room of the #EU Commission a few minutes before the presentation of the economic data in the #Eurozone and the following press briefing on the confusion of the public about the failure of infantile eco-socialism...
#socialism #bitcoin #regulation #greennewdeal
Despite numerous resistances, I decided to go the way with #Bitcoin, many see it differently, but over time more and more people are turning to this path. The future is taking shape before our eyes! https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/b3a4e4c940f576f4e118e044a4e74b31d7a547273dc41a80ae2c80f62db1a6c7.webp
The masses are infantilized by degenerates. This is social devolution
Since the rumor mill is bubbling over: As an anarcho-apitalist, I am torn when it comes to the question of whether states and state institutions should adapt #Bitcoin. I don't want to have to see that gang in my life. But how easier life is and for many apparently the adaptation of #BTC when Papa State gives the green light...
#usa #trump #fed
Fed's Kashkari: US Economic Data to Determine December Interest Rate Decision
Minneapolis Federal Reserve President Neel Kashkari has suggested that upcoming US economic data will be a key factor in determining whether the Federal Reserve will implement another interest rate cut in December.
Kashkari, who is not a voting member of the Federal Open Market Committee this year, stated in a CBS "Face The Nation" interview, "The expectation is that we will do another rate cut in December. But we have to wait and see what the data actually looks like before we draw any conclusions." He added, "That's six weeks from now. But I do think another rate cut is certainly possible."
When asked about how the Fed would respond to a combative Trump administration, Kashkari emphasized that the central bank's independence is legally protected... no comment, except: #EndTheFed
#FederalReserve #InterestRates #EconomicData #Monetary Policy #USEconomy #bitcoin
The Eurozone is entering the zone of pain very soon