Who is the better poet, the White House or the European Central Bank? 🤣
"I came, insulted the European oligarchy and left" 😁
When was nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgu5gy2r not right?! 😊
Your terrible job is the dream of the unemployed.
Your house is the dream of the homeless.
Your smile is the dream of the depressed.
Your health is the dream of the ill.
Don't let difficult times make you forget your blessings.
#mindfulness #life
The five best pieces of advice I got from friends:
1. Fuck it
2. It is what it is
3. It will be better
4. What can you do
5. Don't know what to tell you
None of the above helped 😁
Well this is only my opinion. But for the sake of my family I prepare accordingly. You said it well, buy Bitcoin and be ready to move if needed.
Ukraine is fucked. Thank you EU
Thanks for reposting nostr:nprofile1qqsrhrchlw9f7rrkndvpnneu463ey2nggn200amgftke7et3hvntu3sk6y5pd 👍
Love people doing their own thing
Keep up the great work nostr:nprofile1qqsppdnxpjc82jlm3yn9gawhv7p4nm69a3f80rg5ycw305xned2s0hc28uk0q
I don't know if people are aware of this, but the world order that has prevailed since WW2 has been destroyed. With his moves and statements, Trump has made it clear that the rules that have been in place so far no longer apply to the world's greatest power, such as the fact that the borders of nation states cannot be changed by force. The only thing that has kept that order alive all these years has been the US government. Many world players could hardly wait for the US to give up on it, and what awaits us could be terrible.
In short, we are entering an era of the law of the strongest.
This is a particular problem for sovereign states that are on territory that is attractive to stronger and more numerous neighbors.
Washington no longer gives a damn about any principles, the EU is rushing straight towards its inglorious collapse, nationalists everywhere are taking the stage. It is only a matter of time before some European states will see this from Trump and say "We need someone's territory".
This new-old world order is not at all favorable for many states.
#Trump #EU #USA
Life is beautiful
What does printing money look like?
You can see the small part of your money that ends up in the pockets of politicians through their arrogance and luxurious lifestyle. Most of the public money disappears without a trace, which is why it is not irritating because it is simply not in sight.
That money should have ended up in hospitals, schools, roads; more or less everywhere because we live in de facto socialism where the state has taken over all the key functions of social services. Whoever starts ranting about "neoliberal capitalism" is either muddying the waters or doesn't know what he's talking about.
All that you get back from the state could be 80-90% cheaper if you paid directly for these services on the free market when corruption and "installation costs" are taken away. In this way, the welfare state is a service for the enrichment of politicians and bureaucrats who are not satisfied just to take your money, but want to, under the threat of institutional violence, make your life difficult, complicated, bitter and more expensive at every step.
#socialism #corruption #bureaucrats #politicians
Past a certain age, a man posting on Nostr is… all that keeps him going
It is incredible how much the current elite at the head of the European Commission, as well as most members of the EU parliament, distrust the market and fundamental human freedoms. All they need to do is abolish a series of regulations and encourage member states to lower taxes that hinder private investment. Instead, they do the opposite - solemnly announce that they will be investors with your money. What could possibly go wrong?
Is it time to say clearly that the people who run the European Union have no idea what they are doing? Although I am no longer sure whether they are really doing this out of total ignorance or whether we are dealing with ordinary robbers.
Let us remember, they have already done a very similar thing in 2020 and 2021 when they first imposed lockdowns, and then billions of doses of vaccines, all of which we have paid for (and are still paying for) through the constant rise in the prices of basic goods. Without a doubt, individuals have become very rich on this. This is a very similar thing now and will very likely have the same results.
nostr:nevent1qqszskf9a7prg3x2x9y0epxtrqgfvxgvvzgywteqeajtn40n5mz78vqpp4mhxue69uhkummn9ekx7mq0073pj
Another component of the reason why there is no private investment in Europe is that it is not a good environment for investors. Taxes on profits, and in some countries on wealth, are simply too big an obstacle. Investment means the expectation of profit, and profit is seen in Europe as something undesirable and harmful, something to be suppressed, and the legislation in European countries is completely dedicated to this goal.
So we have come to the point where the state, or rather the supranational institution of the European Union, has become the largest investor. Politicians love it, bureaucrats love it for very clear reasons - they are the ones who choose the winners and losers. They are the ones who decide who to make rich. This, of course, also opens up space for numerous abuses and corruption that are an inevitable part of such a social organization where politicians and their bureaucrats choose the winners and losers in the market. Another inevitable consequence is inefficiency. Expecting that such an investment model will bear the desired fruit and produce something that will truly be able to compete on the global market is like planting a corn seed, concrete the ground in that spot, and then expecting a plant to sprout through the concrete.
nostr:nevent1qqspuxt88hrlh9lxpn74fk4f64j4enm8d8jq4en5hcsjtddv6nnnz5gpp4mhxue69uhkummn9ekx7mqy9emq6
Europe is lagging behind in AI innovation, that much is clear to everyone. But what is apparently not clear to EU politicians and bureaucrats are the reasons why Europe is lagging behind. It is not because Europeans are less smart or less enterprising than Americans and Chinese. It is more because such investments are much riskier in Europe than elsewhere. When private individuals invest their money in something, they want to have enough assurance that, if the investment is successful, they will be able to make a profit from it.
The European market is highly regulated and it is very difficult to train new AI models while respecting the existing regulations imposed by Brussels.
#EU #AI
Ursula von der Leyen, the president of the European Commission, announced at an event called the AI Action Summit that she would "mobilize" 200 billion euros in "investment in AI in Europe" and boasted that it was "the largest public-private partnership in the world to build a trusted AI industry."
Although she wisely used the word "mobilization," what she really meant was that the ECB would print or issue new money for this purpose. This initial 200 billion will certainly quickly become much larger sums because that's how public-private partnerships work in practice - costs increase. But even if they were to stay at that 200 billion, that would still be a pretty solid pressure of new money on the European market that would certainly increase inflation.
#EU #ECB #inflation