On this issue, I am clearly on Friedrich's side. Hope puts us in chains only too easily and too willingly. Be optimistic, realistic. Know Your limits but keep a strong fighting spirit to enrich life.

#bitcoin #freedom https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/8456ef419f3a96bd1b09aec63714b9df6a9a18343e60e01b5e6b41907093d8c4.webp

Only the blind or those who don't want to see it miss what's happening here (again).

#bitcoin

Hi, yesss

GM,

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/cab46dd865543ac52c4702a254587ce276233e6ed935b0eaf5cbe09097bda137.webp

and the #USA gets a new #FBI director!

#KashPatel

Hello everyone, it's that time of year again for (wrong) predictions. I'm going to throw out the following for 2025: a severe euro crisis in Europe (including a severe crisis of the british Pound and fiscal turbulences). In view of the energy crisis, slowly rising inflation, national debt, the attempt to consolidate more and more political competence and interventionism in Brussels, things are likely to go downhill significantly.

#EU #Eurozone #ECB #Inflation #Euro

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/1d033b5f3c7fb3b9604a72be3825b161b3573e661d16d7d38be8ad6ea0696e24.webp

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/6a6d8254e95acda9ffd8f508f2491ebfca37654bc10efe0e0349304233919c4c.webp

GM and thank You for the shoutout. Enjoy Your week end, friends!

ECB on Collision Course: Rate Cuts, Debt Spiral, and Market Interventions

The European Central Bank (ECB) appears ready to push for a sharper rate cut—driven by an alarming debt crisis across the Eurozone, particularly in France, where a staggering deficit nearing 7% is spiraling out of control. According to Kamil Kovar, economist at Moody’s Analytics, the recent slowdown in services inflation could give the ECB’s dovish members the leverage to argue for a bold 50-basis-point cut. “The data clearly shifts the needle in this direction,” Kovar stated in a note to investors.

But the ECB faces steep challenges. As the U.S. Federal Reserve maintains relative higher rates, the ECB must work overtime to prevent capital outflows and stabilize markets through aggressive interventions. With Europe slipping deeper into recession and facing rising prices again, the pressure to cheapen credit grows, risking further erosion of fiscal discipline. The strategy? Bail out unsustainable public finances at all costs—a dangerous gamble in the fiat circus.

#bitcoin #Eurozone #ECB #InterestRates #DebtCrisis #Recession #FranceDeficit #Inflation #LibertarianView

Better: the first commies

#communism https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/eba8e87a4519e768c93d5e963ff09400276dc2123b170977e0e891936d883ee1.webp

Eurozone: Inflation continues to rise

The rate of headline inflation in the eurozone rose by 2.3% year-on-year in November. This means that it has once again fallen well short of the inflation target set by the European Communist Bank, the ECB. We expect a new 25 basis point cut in the key interest rate in December, i.e. into the inflation reaction phase. Now we can wait and see what happens when the energy-poor economic area is hit hard by a repricing of the energy markets. The Europeans are trapped!

#inflation #ECB #euro #energy #eurozone

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5ba40b288c911da1ad3956ef4702abda2f19e0319dcc2e200db04132ef058cb3.webp

The recipe for weakening Russia in the long term would be to admit the country to the European Union.

#eu #russia #ukrainewar

https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/d24b109a6f95c1239c6558cdbaa72654ab03aada86de1f8f9a4bdeca8a35f54c.webp https://nostpic.com/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/ef844bec4273db4aeb1ad49b6f30744d9aca14c11177dce01b053cc927b78354.webp

Try to be humble this #Thanksgiving!

And if not... You have my blessing!

#bitcoin https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/3df219ca95558a6fd7069579ca321ad41c157fa426e88a7bf69712aed2e16062.webp

Nice form of celebrating #Thanksgiving

nostr:nevent1qqsy50ype5wmjmca05u7stjhtmlt2z6pz6tp4ykezwqnvtdudf8wh4gpr9mhxue69uhhyetvv9ujumt0d4hhxarj9ecxjmnt9upzp0fqp7gltahjm99hrewp0x3jj80z6m4sy4ey2x9c7rcn2cghunfpqvzqqqqqqydt8q03

The mainstream state propaganda machine has really ruined the German people. Nobody wants to and nobody can see the economic decline that the deranged climate agenda, the Russophobia and the unbridled invasion are causing in this country. The icing on the cake is the climate apocalypse, which could take deep root in Germany because people's minds were already fucked!

#germany #greendeal #wef #socialism

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/920fce5a0c98d04c11ee18599f5c66eebd666ebcc22b8a5afe7a4012dfd4efcc.webp https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/51b71c27db76ec055789fc30521c22331238d98df74c07038dafc56fff3d5a7e.webp

#Ukraine lowers draft age to 18.

Until the last Ukrainian

#russia #nato https://nostr.download/24c48e035562549a05486d3870881e5bcb7237c68a1d04cfca500d09f220b8be

Thanks. It's our bubble-mania that will kill this fiat bs

California is one of the outstanding examples of how a free system can collapse in a creeping process into a state economy and then into socialism. Danger is great that given the fact that the state has gone into deep debt to create pseudo-jobs, irreparable damage has been done to the next generation. Ultimately being the employer of last resort is more than just a weird turn in weird politics of the radical left.

#California #socialism #labormarket #usa https://nostr.download/eceb8bf163f870dc675a65843c6b3eba35ffcca73b69f9dbca958548d30a9b83

Global Trade: China's Ports Struggle While Europe Surges

October brought mixed signals for global trade. The Container Throughput Index, jointly published by RWI-Leibniz Institute and ISL, slipped slightly to 131.7 points, down from September’s revised 132.3. A sharp drop in activity at Chinese ports, offset by growth in Europe, paints a picture of shifting global dynamics.

Chinese ports saw throughput plunge from 145.5 to 143.1 points, reflecting mounting economic challenges and weakening foreign trade. Meanwhile, the North Range Index, a key barometer for Northern Europe and Germany's economic health, jumped from 111.6 to 113.4 points—marking a recovery in European ports.

The broader trend suggests a cooling period after years of rapid growth. As China grapples with economic headwinds, Europe's trade recovery offers a silver lining, bolstering hopes for regional resilience.

#GlobalTrade #China #Economy #EuropeRecovery #SupplyChain #EconomicTrends

Hopefully they can bring the country back on track

South Korea’s Central Bank Doubles Down on Rate Cuts: Debt Slavery in the Making?

In a move that surprised markets, the Bank of Korea (BoK) has slashed its key interest rate for the second consecutive time, cutting it by 0.25 percentage points to 3.00%. This follows a similar rate cut in October, marking the first easing cycle in over four years. Alongside the rate cuts, the BoK downgraded its growth forecasts, signaling deeper economic concerns.

For critics of fiat systems, this is business as usual. Lowering borrowing costs fuels the endless debt treadmill, herding individuals and businesses alike into ever-expanding financial dependence. This short-term "stimulus" strategy is a cornerstone of central bank playbooks, but at what cost? Each rate cut tightens the grip of a system built on debt, perpetuating a cycle that creates more liabilities than prosperity.

The question remains: how long can this house of cards stand before the next crisis demands an even larger dose of the same toxic medicine?

#BankingCrisis #DebtSlavery #LibertarianView #FiatCollapse #MonetaryPolicy

Regulatory Mania Is A Social Disease Symptom

Dying societal bodies exhibit a significant symptom that is well documented in the history of cultures: a flood of regulation and an impenetrable jungle of laws and controls. It is an expression of internal social disruption, of the collapse of traditional ethical and moral norms and customs, of a decline in the economy and its illusion of security, when it comes to political competition to outdo each other in setting norms and regulation. Since its establishment in the Treaty of Rome in 1957, it can be roughly estimated that the bureaucratic body in Brussels has created over 120,000 norms and regulations. Every year, the EU's parasitic body of bureaucracy spits out over 2000 new standards. This cancer symbolizes the decline of the old continent - it is the parasitic body that absorbs the economic energy of the subjects like a dry sponge absorbs water. One can safely go so far as to claim that the size of a bureaucracy is a measure of the decline of a civil society. We know these examples from history, perhaps the most famous being the Diocletianic central state, the end of all individual freedom. Along with this decay goes the decay of money controlled and issued by the state.

One of the great mistakes in the history of civilization is probably not to have snatched the money monopoly from the hands of the state. This enables him to manipulate the value of time, interest, the value of the medium of exchange, the basis of all evil, the cancer, the parasite.

The growth of the parasite also reveals one more tragic component, which comes alongside the systematic destruction of meritocratic values tested on free markets. Its bloating also causes the army of those dependent on it to grow, thus creating a unanimity to actively demand its growth at the expense of the others, the productive ones.

Its massive intervention in our society opens up the opportunity for the subsidy hunters, the social welfare entrepreneurs, as I call them, to exploit the jungle of standards at the expense of the general public and to offer goods that would never be in demand on the free market. And it is true that there are actually people on the loose who believe that a centralized entity like the state can be reformed by its own means.

Thanks to the election of Donald Trump as the new US president, we are now witnessing a field attempt to shrink the state leviathan to a healthy size. what many macroeconomists do not understand is that although the withdrawal of the state will initially cause gross domestic product to shrink nominally, it will free up precisely the capital, the human resources needed to invest correctly again in a free market environment, to direct resources into the channels in which they can have a productive effect. The actual implementation of this project would break with the logic of the existing system, would be a new design in interaction between the state and the private sector. Simply for this reason I am cautiously optimistic!

#eu #socialism #bitcoin #freedom #mises #ecb #soundmoney #doge #trump #usa