Capital flight from Europe to the USA in full swing
Attentive observers of the geopolitical tensions in the business world are realizing that the European Union, especially the eurozone with its freak of nature, the euro, is suffering heavy capital losses in the direction of the USA. The final industrialization of Germany, this self-inflicted economic disaster, is accelerating this trend immensely, as Germany has always been regarded as the great credit insurer of the other European debtors, which cannot go down on its knees.
The Europeans are regulating themselves to death, not allowing the kind of innovative progress that is the benchmark for the US economy, even under a disastrous administration like Joe Biden's. A new pro-business administration in the US is likely to accelerate these trends significantly, Europe is trying to dig in with regulations, trying to limit this flight with traffic controls and the risky game of escalating tensions with Russia (reparations!). The stock markets therefore speak a clear language: once again, it is the USA that is magically attracting financial capital.
Europeans, dress warmly, the time of commie games and child narratives like the burning planet is coming to an end!!!
#USA #Europe #bitcoin #eu #socialism
Happy New Year to you all and all the best of luck to your families.
Let's start the year with optimism and joy and a few thoughts on our human condition.
At one point in his estate, Friedrich Nietzsche said that if an extraterrestrial being looked at the people of Earth, it would have to come to the conclusion that Earth was the planet of practitioners.
Nietzsche thus very clearly addressed what we all feel: each individual is under massive vertical tension and has to assert himself in the social, intellectual or economic game of forces. Wanting to improve oneself, being ambitious, these are human formative forces. Wanting to improve human qualities should not be suppressed, we must massively welcome and should promote personal ambition.
Human evolution is the engine of our civilization, the will to move mountains, to make the end the realistic possibility. It is an eminent idea, the primal principle of our existence.
When meritocratic forces prevail, we witness the fruits of our effortd. Take the beauty of Tuscan Renaissance culture, just, to take one example from the summits of human culture. This happy epoch is an example of the creative forces within us, the will that needs to be unleashed.
Translated into the ordinary practice of political action, this means standing up for free markets, sovereignty and private autonomy in order to get the engine of our civilization running faster again. We must once again stretch out our courage towards the divine spark, our genius, and not give up halfway.
With this in mind, I wish everyone every success for 2025.
#2025 #bitcon #nostr #hny #happynewyear
#philosophy #nietzsche https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/da571b2c5cd990bada524108f7cf2c2b87bdd902f69f1da596a254e1e283fc98.webp
Oh yeah. I remember them... Knopfler's concerrs always were highlights for me
You too! Good luck for 2025
I wish all four of you all the best for the coming year, above all good health and that you never lose sight of your goals. Let's make the most of the coming year and fill it with meaning, humanity and joy.
See you soon!
#2025 #bitcoin #optimism #newyear
'The higher we soar, the smaller we appear to those who cannot fly.'
Friedrich Nietzsche after finishing his 2nd Bitcoin cycle, reflecting on the Fiat crowd.
#bitcoin #fiat
Europe: The World's Retirement Home
Europe is already the world's retirement home. And the demographic situation will continue to worsen, that much is clear. The massive invasion of poverty into the social systems of the old, established European economies in recent years will by no means solve this problem. The poverty invasion into Europe is accelerating the economic and social decline in a dramatic way these days.
For the most part, the European response is a familiar one: higher taxes on the working class, more regulation and state control. In addition, the growing state interventionism in free market processes, which the majority of people are firmly convinced will bring about an economic turnaround and prosperity will worsen the downfall. We are heading for troubled economic times. 2025 will be another scary and tough year for Europeans, as all Marco economic signs point to a storm.
#EU #europe #demographics #socialism
China sh..s on the climate story
Whatever the spin doctors at the World Economic Forum come up with to cover up their energy poverty in Europe by using the climate narrative to get all the other energy-rich countries in the world to stop burning coal, gas and oil, nobody really sticks to it. China in particular, with its immense coal-fired power generation, shows that Europe is becoming more and more isolated. #wef #eu #china #coal #climatescam https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/14195e2d500472bb7ced3afca8ee20960124a96c2b8a052f424f1add0a8742a1.webp
The gold boom, initiated by the BRICS countries' demand for gold, is also causing Germany's gold holdings to rise massively in value. After the country officially got out of Bitcoin a few months ago, one could actually advise the Germans, who are digging themselves deeper and deeper into their economic crisis, to join this alliance. They are all betting on a relic of the Bronze Age! Welcome to the future. #bitcoin #gold #brics #germany
U.S. Debt Ceiling Crisis Looms: Emergency Measures on the Horizon
The U.S. Treasury is bracing for impact as the national debt ceiling is projected to be hit in mid-January, according to Treasury Secretary Janet Yellen. To avoid default, the Treasury will deploy "extraordinary measures" to manage federal obligations. Congress will have a limited window to act, passing necessary legislation to raise the debt limit before these measures expire.
Yellen emphasized the urgency, stating, "The Treasury anticipates reaching the debt ceiling between January 14 and 23, necessitating immediate action to safeguard America's financial integrity and credit standing."
This looming deadline underscores the critical need for legislative action to avert economic repercussions. But let's not kid ourselves; this is just another episode in the government's never-ending debt party, where future generations are the ones left holding the bill. The state and its reoresenting parasites, in their infinite wisdom, seem to think that borrowing from tomorrow to pay for today's extravagance is a brilliant strategy.
#DebtCrisis #US #EconomicPolicy #GovernmentSpending #FiscalResponsibility #Congress #Treasury
' never desired to please the rabble. What pleased them, I did not learn; and what I knew was far removed from their understanding.'
Epikuros on the Fiat Mob
#bitcoin #fiat 
On the day that the European Union's attack on Tether, or in other words: on the American bond market, because Tether is a gigantic, rapidly expanding retail creditor of American government debt, has dissolved into nothing, we can once again say: Tether FUD has once again failed. Onwards!
#tether #tetherfud #bitcoin #eu
Savings Rates Plummet: ECB's Interest Rate Game Continues
In Germany, savings interest rates have taken another nosedive, with the average yield on two-year fixed deposits now at a mere 2.27%, down from a peak of 3.39% in November 2023. This steady decline seems to be a direct result of the European Central Bank's (ECB) ongoing manipulation of interest rates, showing no signs of reversing anytime soon.
According to Verivox, a leading financial comparison portal, the average interest rate for a €10,000 investment has plummeted. "The bottom is getting closer, but we haven't hit rock bottom yet," remarked Oliver Maier, CEO of Verivox Finanzvergleich GmbH.
The ECB, with its apparent disdain for savers, continues to orchestrate this financial ballet, pushing rates lower and lower. Consumers looking for better returns might turn to platforms like 'Biallo' for insights into savings yields, but the outlook remains bleak.
As the ECB charts its course, one can only wonder how much longer before savings become entirely devoid of value.
Bye bye, dear interest rates....
#Savings #inflation #bitcoin #ECB #LowInterestRates #Germany #SavingTips #Economy
A little encouragement for the beginning of the week, people: let's go, viva la libertad carajo!
#milei #freedom #bitcoin
https://blossom.primal.net/f490fbc9b3240bc9d5841f62d8370153d8350fa2cf947b0b5a41f497b7f0e354.mp4
The First (Nearly) Paper Money: From Coin Clutter to Paper Prowess In China
During the Tang Dynasty (618-907 AD), China was all about heavy coinage. Imagine lugging around pockets full of metal coins for every trade; it was like carrying your savings in your pants. But then, some genius figured out, "Why not make money lighter?" Enter the era of "Flying Cash" or "Feiqian," not exactly money but more like an IOU. You'd stash your cash in one town, get a paper promise, and bam! Cash out in another. It was the ancient equivalent of a wire transfer, minus the wires.
Fast forward to the Song Dynasty (960-1279 AD), and we've got "Jiaozi," the real deal of paper money. Born in Sichuan, these were legit banknotes, backed by the coin stash. But don't get it twisted; they weren't replacing coins; they were just hanging out together, like peanut butter and jelly, but in your wallet.
This shift from metal to paper wasn't just practical; it was revolutionary. Suddenly, trade was lighter, quicker, less risky - unless you counted the counterfeiting bandits. But with this innovation came the headaches of inflation, which would haunt future dynasties.
The cultural impact? Off the charts. China was setting the stage for global finance, showing the world how to print and manage money, literally. When Marco Polo came sniffing around, he was like, "Europe, you gotta see this," but it took centuries for the West to catch up.
So, what we're looking at here is the birth of an economic powerhouse, where the transition from coin clutter to paper prowess wasn't just about making trade easier; it was about reshaping how societies handle wealth, power, and, let's face it, control.
But how did it end?
The party came to a screeching halt with inflation and overissuance. By the late Song Dynasty, around the 12th century, the value of jiaozi had significantly depreciated due to overprinting. Counterfeiting didn't help either, turning the currency into a playground for forgers.
By the Yuan Dynasty (1271-1368 AD), the situation escalated. From around 1260, when Kublai Khan started issuing paper money, to the late 13th century, the currency was printed excessively for military campaigns, leading to hyperinflation. By the 1350s, the paper money was practically worthless, marking the effective end of the Yuan's paper currency system.
The Ming Dynasty tried to reboot the paper money system with the "Da Ming Baochao" starting in 1368, but by the early 15th century, around 1450, it faced the same fate of inflation and was abandoned in favor of silver, which became the standard until modern times. The end of this paper money era was a stark reminder that without control and trust, even the most innovative financial systems can (better: will) crash and burn.
#History #Money #TangDynasty #PaperMoney #China #Inflation #fiat
