Basically, you can't believe it, but the bureaucrats in Brussels among the capitals of the European Union are doubling down on their control fetish. What is still growing in the European Union is the state bureaucracy. #EU #brussels #socialism
I'll have to investigate this. But I am a tech idiot....
Germany’s Auto Sector Sputters as Defense Industry Roars to Life
Germany is steering away from its storied car manufacturing legacy and barreling into a new era of military credit-based (of course) spending. I don't want to refer to Germany's fatal history in the first half of the 20th century at this point as the pointe writes itself: same players, same story telling, same enemy, same reaction as state propaganda now is running 24/7: Russia Russia Russia - we finally found the scapegoat to lever up our debt and pump european credit into orbit.
Meanwhile the bond market says 'no' to Madame Fatale Europe and is selling the hell out of EU bonds while London's and Swisse's Gold is escaping like always if there's danger in the air toward the save haven no.1: the US.
Back to the war-inspired protagonists on the old continent (does it have dementia? Are they going full Biden alltogether?). As the continent braces for an unprecedented rearmament push, defense titans are siphoning talent and resources from a crumbling automotive sector, betting big on tanks and missiles over sedans and SUVs.
Rheinmetall, a heavyweight in the arms game, has begun a bold pivot, converting two shuttered auto parts plants into sprawling hubs for weapons production. Meanwhile, sensor specialist Hensoldt has poached 200 skilled workers from the beleaguered ranks of Bosch and Continental, both reeling from a brutal market downturn. The moves signal a stark reality: the skills that once powered Germany’s carmaking juggernaut are now being redeployed to forge instruments of war. Producing military goods with made-up fiat credit will only grow two things: inflation and the public debt trap that now comes into sight, even if You're ideologically a blind rent seeker.
EU 'leaders' now rally behind a colossal €800 billion military spending blueprint, with Germany’s freshly minted government earmarking a staggering €500 billion to bolster its defenses. The cash infusion has sent defense stocks skyrocketing, while the auto industry—once the bedrock of Germany’s economy—languishes in a ditch. The grim irony: as car production stalls, the machinery of conflict may just be the spark to reignite Germany’s economic engine. Back to the good ol' days, huh?
You may ask Yourself: Can a nation so deeply rooted in precision engineering and consumer exports thrive by trading assembly lines for battle lines? I would give it a clear 'NGMI'! For now, Germany’s industrial giants seem ready to roll the dice, wagering that the future lies not in horsepower, but in firepower. For now.
Germany, and by extension the EU, is doubling down on a classic Keynesian playbook—pumping debt-fueled state demand into the economy to paper over a self-inflicted structural slump and productivity malaise. But leaning on the old crutch of the arms industry as a lifeline won’t deliver salvation. What’s left in the wake will likely be towering debt piles, a hollowed-out private sector, and a market littered with goods consumers didn’t ask for and won’t buy.
Source: Reuters
#Germany #Economy #Defense #AutoIndustry #EU #bitcoin #nostr #MilitarySpending #Rheinmetall #KeynesianTrap #Euro #News #ukraine #usa
That looks nice. Thank You very much (cant zap You, sth.'s wrong with my connection since yesterday. Sorry for being unpolite)
EU: The Neocon Plabook Hits a Wall
Debt-financed military expansionism? The market says no!
The sell-off of German bonds in particular, the centerpiece of European creditworthiness, continues unabated today. The phone lines from Berlin, Paris, Madrid and the other debt strongholds of the EU are likely to be running hot in the ECB Tower in Frankfurt. The Neocon plabook hits a wall at the european bond market. YCC in 3... 2...1..
#EU #russia #ukraine #germany #debtcrisis #euro #b #bitcoin #nostr #inflation
Ha ha, you old Bastard Ghost😬🫂
nostr:nprofile1qqsgv0ev24f8d60dwwyn8v80ae4syyzz79hp22waw4tsfzzmsllwrqcn83eqx
I am an old fart, living in the 90s mentally🤣🤣🤣🤣
GM,
After their announcement that they want to set up a gigantic debt-financed build-up program for the European military, to lay debt on top of the gigantic mountain of debt that already exists, the Europeans, and especially the Germans, yesterday got a foretaste of what they will face if they continue on this course: a sell-off of their debt, interest rate spikes and most likely soon yield curve control by the ECB with massively rising inflation.
This is the nightmare scenario that hardly any of these fiat knights and mentally rotten politicians can intellectually grasp.
Enjoy the day, buy Bitcoin!
#germany #eu #ukraine #bitcoin #nostr #bonds
What if the US where corrupted by the Europeans??
It's a better measurment, yes. But the whole debate around consumer price level changes, asset prices or base money and broader money supply is sth. that needs to be debated deeper by science.
It's getting clearer by the day where these people are trying to lead us... Hopefully their warmongering dies on a freezing bond market. This is the most peaceful solution. #eu #russia
Need to buy european museum stocks...
The global money supply M2 is often used as one of the more important price indicators and predictors of Bitcoin. If you look at the massive movement, I think you can say that the bottom is in.
In addition, on a geopolitical level, the Americans are engaging in massive on-sharing of capital, which could encourage pro investors and private investors who are more interested in Bitcoin to turn to BTC again. Money, it is fair to say at this point without sounding cynical, is simply better off in the hands of Americans than Europeans.
#bitcoin #btc #m2 #nostr
Big Show And Politics: The Circus Maximus in Rome
It is probably the most notorious sports venue of all time: the Circus Maximus in Rome. In Hollywood's legendary film Ben Hur, the center of Roman entertainment comes to life once again when Jehuda Ben Hur takes revenge on his antagonist during the legendary chariot race.
The Roman entertainment industry, and one can speak of it calmly in view of the gigantic festivals organized by the Roman Caesars and provincial governors, seems vulgar and brutal from our perspective. Those were different times, even the brutal gladiator fights were cultural heritage, inherited from the funeral ceremonies of the Etruscan nobility and thus socially accepted. In the Circus Maximus, which at its peak attracted a quarter of a million spectators, the Roman entertainment industry reached its undoubted peak in an otherwise very varied and diverse program, which included everything from Greek classical tragedy to Roman vulgar comedies, chariot races, naval battles and gladiator fights. And the Roman holiday calendar, which easily stretched over 100 days a year, offered the organizers of these games plenty of opportunities to do business.
The Circus Maximus stands as one of the most iconic landmarks of ancient Rome, a testament to the grandeur and spectacle that defined Roman culture. As the largest stadium ever constructed in the Roman Empire, its history spans centuries, reflecting the evolution of Rome from a republic to an empire, and even its decline.
Origins and Early History
The Circus Maximus, located in the valley between the Aventine and Palatine Hills, traces its origins to the early days of Rome, traditionally dated to around 700 BCE. According to Roman legend, the site was used during the reign of Romulus, Rome’s mythical founder, for communal gatherings and rudimentary contests. However, its formal development as a racetrack began during the reign of King Tarquin the Elder in the 6th century BCE. Tarquin is credited with constructing the first wooden structures to accommodate spectators, laying the groundwork for what would become a monumental arena.
Initially, the Circus Maximus was a simple, open space with temporary wooden seating. It was during the Roman Republic (509–27 BCE) that the circus began to take on a more permanent form. The track was elongated, and stone seating was introduced, reflecting Rome’s growing wealth and engineering prowess. By the 2nd century BCE, the Circus Maximus had become the city’s primary venue for chariot racing, a sport that captivated Romans across social classes.
Development Under the Empire
The Circus Maximus reached its zenith during the Roman Empire (27 BCE–476 CE), particularly under the reigns of Julius Caesar, Augustus, and later emperors like Trajan and Nero. Julius Caesar expanded the circus in the 1st century BCE, increasing its capacity and adding more permanent structures. By the time of Augustus, Rome’s first emperor, the circus could seat approximately 150,000 spectators, though some later estimates suggest it could hold up to 250,000 people at its peak under Trajan in the 2nd century CE.
The layout of the Circus Maximus was both functional and symbolic. Measuring approximately 621 meters in length and 118 meters in width, the rectangular arena featured a long central barrier called the spina, adorned with obelisks, statues, and lap counters. The spina divided the track into two lanes, allowing for thrilling chariot races where teams of horses—often driven by skilled charioteers representing different factions (the Reds, Blues, Greens, and Whites)—competed for glory. The seating was arranged in tiers, with the emperor’s box, known as the pulvinar, offering a prime vantage point for Rome’s elite.
Key Facts and Features
Several notable facts highlight the Circus Maximus’s scale and significance. First, its sheer size made it unparalleled in the ancient world—larger than any modern stadium today. The track itself could accommodate 12 chariots racing simultaneously, and races often consisted of seven laps, totaling around 5 kilometers. The races were perilous, with frequent crashes and injuries adding to their allure for spectators.
Another key feature was the integration of religious and political symbolism. The Circus Maximus was closely tied to Roman religion, with events often dedicated to gods like Jupiter or Mars. Triumphal processions, known as pompa circensis, would parade through the circus before races, blending spectacle with devotion. Politically, the circus served as a tool for emperors to win public favor—distributing free food or staging lavish games to appease the masses.
The site also evolved over time. After a devastating fire in 64 CE during Nero’s reign, the circus was rebuilt with even greater splendor. Trajan later added more seating and decorative elements, including two Egyptian obelisks that were placed on the spina. One of these, the Obelisk of Theodosius, now stands in the Piazza del Popolo in modern Rome.
Highlights and Cultural Impact
The Circus Maximus was more than just a venue for entertainment; it was a cultural and social hub. One of its most famous highlights was its role in the Ludi Romani (Roman Games), an annual festival that featured chariot races as the main event. These games drew massive crowds and could last for days, showcasing Rome’s organizational might and the skill of its charioteers, who often became celebrities akin to modern sports stars.
Another highlight was the diversity of events hosted in the circus. While chariot racing was the primary draw, the arena also staged mock battles, athletic contests, and even public executions. During the reign of Caligula, the circus reportedly hosted exotic animal hunts, though such events were more commonly associated with the Colosseum after its construction in 80 CE.
The Circu also played a role in some of Rome’s most dramatic historical moments. For instance, during the Great Fire of Rome in 64 CE, Nero allegedly used the circus as a vantage point to watch the city burn—an image immortalized (though likely exaggerated) in later accounts. The circus remained a focal point of Roman life even into the early Christian era, with races continuing until the 6th century CE under Byzantine rule.
Decline and Modern Legacy
The decline of the Circus began with the fall of the Western Roman Empire in 476 CE. As Rome’s population dwindled and resources became scarce, the circus fell into disrepair. By the Middle Ages, the site was largely abandoned, its marble and stone scavenged for other construction projects. Over time, the once-magnificent arena was buried under layers of sediment, transforming into a field used for agriculture and later as a site for medieval festivals.
Today, the Circus Maximus exists as an open park in the heart of Rome, with few visible remnants of its ancient glory. Archaeological excavations have uncovered parts of the original track and seating, and a small museum at the site offers insights into its past. Modern visitors can walk along the outline of the ancient racetrack, imagining the roar of the crowds and the thunder of hooves that once filled the air.
The legacy of the Circus Maximus endures in popular culture and historical study. It inspired later racetracks and stadiums across the world, and its name has become synonymous with spectacle and competition. Films like Ben-Hur (1959) have immortalized the thrill of chariot racing, drawing directly from the circus’s storied history.
Video of the race in 'Ben Hur': https://shorturl.at/LUvBZ
The Circus Maximus stands as a powerful symbol of ancient Rome’s ambition, ingenuity, and its special kind of cultural interpretation of 'entertainment'. From its humble origins in the days of the kings to its peak as the largest stadium of the Roman Empire, it encapsulated the spirit of a civilization that valued both entertainment and grandeur. While little remains of its physical structure today, its historical and cultural impact continues to resonate. For anyone seeking to understand the pulse of ancient Roman life, the Circus Maximus offers a window into a world where sport, politics, and religion converged in a cacophony of excitement and awe. Give it a visit.
#history #rome #circusmaximus #europe #nostr #nostrlearn #plebchain #culture #sport
U.S. Service Sector Gains Momentum as Industrial Orders Surge in Early 2025
The pulse of the U.S. economy quickened in February as the service sector notched stronger growth, according to fresh data from the Institute for Supply Management (ISM).
The non-manufacturing Purchasing Managers’ Index (PMI) climbed to 53.5, up from January’s 52.8, signaling expansion above the critical 50 threshold. Economists surveyed by industry analysts had pegged the figure slightly lower at 52.9, making this a welcome surprise. Key sub-indices painted a vibrant picture: new orders jumped to 52.2 from 51.3, employment ticked up to 53.9 from 52.3, while production dipped marginally to 54.4 from 54.5. Notably, the prices sub-index soared to 62.6 from 60.4, hinting at brewing inflationary pressures.
Meanwhile, the U.S. industrial sector kicked off the year with a bang. The Commerce Department reported a robust 1.7% month-over-month rise in factory orders for January—the sharpest increase since July last year, aligning with economists’ expectations. December’s numbers were also revised upward, showing a milder decline of 0.6% compared to the initially reported 0.9%. Durable goods orders, a bellwether for long-term investment, rose 3.2% per a revised estimate, edging past the preliminary 3.1% gain. Excluding transportation, however, orders for durable goods held steady, indicating a mixed but broadly positive trend.
This wave of upbeat data signals a strengthening business cycle, with macro indicators trending upward. Adding to the momentum, the U.S. dollar has softened against major currencies, while the credit cycle appears to be gaining steam. For risk assets and Bitcoin, this is good news.
#USA #Economy #ServiceSector #IndustrialOrders #Bitcoin #RiskAssets #MacroTrends #Nostr
Our eurocommies will learn the hard way that there seem to be limits to physics, economics and their minds. #eu #wef #germany
CIA Director Ratcliffe: The US cut off intelligence to Ukraine - Fox Business Network Interview.
Dear people, the events in the power poker between London, Brussels and the USA are coming thick and fast. Donald Trump's administration can no longer rub the Europeans' noses in the fact that they have had enough of the globalists' little game. It's getting really serious for us and we have to be careful that those crazy people in Brussels London Berlin and Paris don't go crazy as they are slowly realizing that they have lost the support of the US (which was all their geopolitical capital).
#usa #cia #eu #europe #ukraine #russia nostr
Christine's shitcoin will have a half life of a fruit fly compared to the usd