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

I don't understand why the #DOJ doesn't send the bitcoin directly to Zelensky and his camarilla of corrupt ones instead of selling it first. From cold storage to cold storage, straight into the hands of the most corrupt lunatics of all time. After all, they are defending their 'democracy', or whatever they think it is.

#bitcoin #biden #usa #nostr #moneylaundering #ukraine

German Machinery Orders Drop by 6% in November, Corporate Insolvencies Soar to 2009 Levels

German engineering sector reported a significant downturn in new orders for November 2024, with a 6% decrease compared to the same month last year. The Verband Deutscher Maschinen- und Anlagenbau (VDMA) highlighted that domestic orders specifically declined by 4%, while international orders painted a mixed picture. Orders from Eurozone countries increased by 5%, but those from non-Eurozone nations fell by 11%, leading to an overall 7% drop in foreign orders.

Simultaneously, corporate insolvencies in Germany have spiked to levels not seen since the aftermath of the global financial crisis in 2009. According to the Leibniz Institute for Economic Research (IWH), 4,215 companies, affecting nearly 38,000 jobs, filed for bankruptcy in the last quarter of 2024. This represents a 36% increase from the previous year's fourth quarter, marking the highest insolvency rate since mid-2009, with the last comparable peak occurring in 2005.

#Germany #Economy #Manufacturing #InsolvencyCrisis #nostr #bitcoin

Sparta's Economic 'Spartanism': Iron Bars, Helots, and Trade Tactics

Legend has it that ancient Sparta had no need for walls because its warriors would repel any enemy. Sparta was a fossilized Apollonian principle, a frozen war camp. Its Doric art epoch, which corresponded to that of other Greek regions, ended with the Messenian Wars, from which Sparta emerged victorious, but which also demanded an immense blood toll. Typical late archaic vase painting and sculpture of this period ends abruptly and merges into a static art epoch. But what about its trade and economy? An insight into some curiosities of Spartan antiquity.

Sparta's economic landscape was far from the vibrant marketplaces of Athens or Corinth. Here, trade wasn't about wealth accumulation or luxury but about survival and strategic military advantage. The Spartans, with their eyes firmly on the prize of military prowess, left commerce to the perioikoi—non-Spartans living in the vicinity who were free but not citizens. These folks were the unsung heroes of Spartan trade, managing the commerce that Sparta couldn't ignore completely.

The Spartans didn't engage in trade like their neighbors; their economy was designed to support their military-centric society. They traded for what they couldn't produce themselves, such as timber or metals like iron and bronze, essential for their weapons. But the Spartans were no fans of coins, opting instead for iron bars as currency (sth. we know from the early Roman Republic) - a choice so counterintuitive it's almost comedic as coinage was well known since its invention by the Lydians (Croisos). Imagine hauling around these bulky bars to buy a loaf of bread or negotiate trade deals. This wasn't just about being different; it was a deliberate strategy to discourage trade, keep wealth from accumulating, and maintain their rigid social structure where equality (or at least the appearance of it) was paramount.

The peculiar use of iron bars as currency wasn't just a quirky footnote; it was a reflection of their cultural values. By using such an unwieldy form of money, Sparta ensured that economic activities were kept to a minimum, focusing instead on martial training and communal living. This system of barter and cumbersome currency made external trade a challenge, leading to a self-sufficient society where the helots, the serfs bound to the land, were the economic backbone. They farmed the land while Spartans trained for war, creating a stark divide between those who fought and those who fed.

Yet, even in this austere world, there were curiosities. The Spartans, despite their isolationist tendencies, were not completely cut off from the rest of Greece. They traded when they had to, often with allies or during times of peace with former enemies. It's intriguing to see how they managed to balance their need for certain goods with their disdain for the commercial world. Their ports, managed by perioikoi, saw ships from various city-states, bringing in what was needed but never too much to disrupt the Spartan way.

This economic system, with its peculiarities, shaped Sparta in profound ways. It wasn't just about trade or money; it was about maintaining a society where every aspect of life was geared towards military readiness and communal living. The iron bars, the helots, the limited trade through perioikoi—all these elements painted a picture of an economy that was as disciplined and austere as the Spartans themselves.

So, here's the take on Sparta's economy: a system less about wealth and more about sustaining a way of life where every Spartan was a soldier, and every economic decision was a strategic one. The next time you think about politicians talking about changing the econony into a 'war economy', remember Sparta, where even trade was a military tactic. Its final chapter was total decay.

#Sparta #AncientGreece #Currency #Economy #History #Military #bitcoin #NostalgiaNostr #nostr #nostrlearn

We are at the point where it is only a coin flip as to who will plunge Europe into the next major debt-currency crisis: France or the UK. Looking at the British Pound and the Gilt interest rates, you can say that England is a nose ahead. The budget crisis is set to take off again this year!

#Europe #uk #France #debtspiral #ecb #euro #nostr #bitcoin

That changes with Bitcoin in your own cold storage. THAT is the civilizational step forward. Forget ETFs!

#bitcoin #freedom #ibit #nostr #grownostr #fiat

US Private Sector Job Growth Lags Behind Forecasts in December 2024

U.S. private sector added 122,000 jobs in December 2024, falling short of the 136,000 anticipated by economists polled by Dow Jones Newswires. This figure marks a decline from November's 146,000 job increase, signaling a cooling labor market as the year closed. Nela Richardson, Chief Economist at ADP, highlighted that "the labor market cooled in the final month of 2024, with slower hiring and wage growth. The healthcare sector stood out, creating more jobs than any other sector in the second half of the year."

US Unemployment Claims Drop Unexpectedly

Contrary to expectations, initial claims for U.S. unemployment benefits decreased in the week ending January 4, 2025. The U.S. Department of Labor reported a drop to 201,000 claims, down by 10,000 from the previous week, against forecasts of an increase to 215,000. The four-week moving average also fell by 10,250 to 213,000. In the week ending December 28, 2024, 1,867 million people were receiving unemployment benefits, an increase of 33,000 from the prior week.

#USJobMarket #EconomicUpdate #LaborTrends #ADPReport #nostr #EconomicAnalysis #2025 #Economy

A highly interesting contribution from 'The Nietsche Podcast' about an unfortunately somewhat forgotten author, Emil Cioran. Cioran was a Nietzscherian, a highly talented writer who suffered from severe depression throughout his life and, like the young Goethe (Werther), processed it in his writing and thus either caused a whole generation of young readers extreme headaches or stood by them as a secret therapist.

If you are interested, you can find the podcast here: https://fountain.fm/episode/QRjnUjsA89QZBdhxQAyK

#philosophy #cioran #nietzsche #nostr #nostrlearn #writing #depression

After years of keynesian fiat terror and the distruction of productivity by a globalist infantile cabal it's time for radical free market reforms. It's time to end central banking and hidden theft via inflation. It's time to #buildbackbetter!

#us #eu #wef #socialism #nostr #bitcoin #fed #soundmoney

preparing a long runway for the new US administration under Trump....

#dxy #usa #liquidity #bitcoin #nostr

The Discovery of Spatial Depth: Alexander the Great's Asian Campaign

Alexander the Great merged Hellenistic culture with Persian culture in his powerful Asian campaign. His militarily and geographically eminent intervention also left enormous traces in art: sculpture found its way to depth as a new means of expressing the spatial expansion and kinetic energy of man.

Alexander the Great, a name synonymous with conquest and cultural amalgamation, has left an indelible mark on the canvas of history, particularly in the realm of art. His campaigns to the East not only expanded the boundaries of the Hellenistic world but also infused Greco-Macedonian art with the subtleties and grandeur of Eastern aesthetics, notably transforming sculpture into a medium of unparalleled dynamism and depth.

In the wake of Alexander's conquests, the fusion of cultures was not merely a political or economic phenomenon but a profound artistic synthesis. The sculptures that emerged from this period, often referred to as Hellenistic art, began to exhibit a new vibrancy and realism. The statue with outstretched arms, emblematic of this era, symbolizes the expansive reach of Alexander's empire and the broadening of artistic expression.

This new style was characterized by a move away from the rigid, formal poses of Classical Greek sculpture towards more dynamic, three-dimensional representations. The outstretched arms of these statues are not just a physical extension but a metaphorical gesture towards the vastness of the world Alexander had opened up to the Greek mind. They signify a break from the introspective, contained forms of earlier art, embodying instead a sense of exploration, movement, and the human condition in its most expansive form.

One can see this influence in the works scattered across the lands Alexander touched, from the Greco-Bactrian kingdoms to the far reaches of India. The famous "Laocoön Group," though a Roman copy, echoes the Hellenistic penchant for depicting the human form in the midst of action and emotion, a direct descendant of the changes initiated by Alexander's cultural melding. Similarly, the "Winged Victory of Samothrace" with its flowing drapery and poised stance, captures the sense of motion and the dramatic flair that became hallmarks of this period.

The integration of Eastern elements also brought about a shift in the portrayal of deities and heroes. The influence of Eastern art, with its penchant for detail and ornate decoration, led to sculptures that were not only more lifelike but also more expressive. The gods and heroes of Greek mythology began to wear the garments of the East, adorned with intricate patterns and jewels, thereby enriching the visual language of sculpture.

Moreover, the Hellenistic period saw an increase in the scale and ambition of sculptural projects. The colossal statues, such as those at Pergamon, were not just larger in size but also in their thematic scope, often depicting epic battles or divine interventions. These works were not merely decorations but narratives carved in stone, telling tales of conquest, cultural exchange, and the human spirit's quest for understanding and exploration.

In conclusion, Alexander's push eastward did more than expand an empire; it expanded the very concept of art. The sculptures of this period, with their outstretched arms reaching into the vastness of human experience and artistic innovation, are a testament to the cultural fusion that only a figure like Alexander could foster. They stand as monuments, not only to his conquests but to the enduring legacy of Hellenistic art, where the East met the West, and from their union, a new, vibrant artistic tradition was born.

The final phase of Hellenistic sculpture, on the other hand, shows a different image, namely a collapse of the dynamic depiction of Homo sapiens' expansive energy. Boxers are shown after the fight or ailing old people or dying wars. These forms herald the end of Hellenism, which had exhausted its energies and spent them completely in the Diadochi wars that followed the death of Alexander. It was soon to become the task of a new Mediterranean power to continue the Hellenistic legacy and transform it into powerful politics: Rome!

#nostr #nostrlearn #history #alexander #greece #culture #art #bitcoin0