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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
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Ghost of Truth 11 months ago
The idea of the European Union was, from the outset, a trap for all those who rely on regional sovereignty and individual freedom. From the outset, the aim was to dismantle national political sovereignty, to focus power in Brussels and to consolidate the entire debt of the individual states into one large fund, for which the European Central Bank exists to monetize it. From the very beginning, the spirit of totalitarianism prevailed at the level of the European Union. image Former German Chancellor Helmut Kohl once admitted this when he forced the Germans, the majority of whom wanted to keep the German mark, into the catastrophic currency of the euro. with regard to the increasing surveillance of private communication, election manipulation like in romania or the globalist propaganda machine, the european union is acting more and more dictatorial by the day. #eu #europe #ecb #euro #bitcoin #freedom #nostr #news #germany
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Ghost of Truth 11 months ago
EU’s Fiat Gambit: Leveraging Geopolitical Chaos to Mask Economic Decay The political shift in the White House reveals that the world is moving toward a radical economic bifurcation. One side, led by the United States, is relying more and more on free market forces while cutting government spending (think of Argentina), while the other side is falling back on old-fashioned recipes of socialism, state interventionism and the rotten recipe book of Keynesian magic which will only lead them deeper into the unavoidable debt trap as it is an illusion to be able to control interest rates without consequences like massive inflation and currency debasement. image A glance at the history books of the 20th century already tells us the outcome of this test of strength: decentralized systems that entrust decision-making powers to the individual will always carry off the laurels of the victor. They are simply channelling scarce ressources like energy better than other systems. Without anticipating the point I would like to make: it will not be the Europeans who rely more than ever on centralization and the consolidation of power in Brussels who will be receiving economic laurel. The European Union is betting big these days, hijacking the U.S. pullback from the Ukrainian battle field and monetizing Russia-stoked fears politically to roll out a mammoth €800 billion fiat credit blitz, this time as the South has been sucked dry over the years led by german debt issue, to dodge its spiraling growth crisis and keep rolling the debt over space and time. We all know the keynesian logic: all economic misery has its roots in a lack of demand which certainly the all-knowing government will fill up with hyper intelligent government spending programs. image What we are witnessing here is a reckless dive into the Keynesian debt pit. Meanwhile recession signals scream loud: February 2025’s composite PMI sits at a dismal 48.9, stuck below the neutral measurment of 50 for months. Industry and the construction sector in particular are at rock bottom and show hardly any signs of revitalization, even if the business cycle is picking up a little speed globally. Industrial output is tanking with a 0.6% monthly slide in January,now with a PMI at 47.6 deep in recessionary territory hammered by high energy prices and supply woes. Deficits are swelling to 4% of GDP in 2025, with debt-to-GDP nearing 90% by 2026 (point of no return usually can be find at around 80%), per the European Commission. Productivity’s a ghost and it stays flat for the time being. Once again, it was the bond market that reacted quickly to the geopolitical impact of Germany's gigantic debt program, which is now trying to close the gap with the other European debtor countries. Bond markets pounced on Germany’s debt reveal: 10-year yields leapt 40 basis points within two days after the announcement of the new german debt fiesta - Germany’s from 2.4% to 2.8%, Italy’s from 3.6% to 4.0%, France’s from 3.1% to 3.5%- defying the ECB’s 0.25-point rate cut. That €800 billion tab that follows step by step the debt structure proposed by ex ECB president Mario Draghi last year to give the dead Eurozone a last stroke. The program follows Draghi's proposal like a little dog follows its drunken owner. It comes with €22.4 billion in annual interest, a chokehold on a wobbly economy. Worse, it’s a catalyst for centralization. Subsidies soared 15% last year, per EU data, propping up dying industries, while regulations - like new green and digital mandates - pile on €22 billion in yearly costs, per the European Chamber of Commerce, suffocating innovation. image What we are experiencing here in Europe is the path to common debt, the suspension of the last Maastricht rules which, looking back today, we can say was probably the plan of the fiat centralists from the very beginning, since cheap credit is the drug they are all addicted to since cheap credit is the drug they are all addicted to and with which they are getting the population drunk. Every election cycle is always a gift-giving contest, the presentation of false hopes and simulation games, the creation of false security and prosperity, in the forge of the central banks' printing presses, brought into the world by politicians whose distance from economic reality has become maximum. But if there is one thing the Europeans understand, it is how to turn self-created crises into an advantage for the centralized body of power in brussels. In their understanding of economics, prosperity comes from well-organized central planning, which implies communal debt, or more simply, using Germany's creditworthiness to force more credit on others. We can therefore expect the imminent introduction of Eurobonds to further expand the nonsensical credit programs of the past decades and accelerate the massive capital shortfall, which will further inhibit productivity, especially in the eurozone. In this way, Europe will not be able to translate technological progress into active production and prosperity. image Debt slaves nations to bond markets, demanding risk premiums as trust fades and puts the onus on taxpayers to divert ever larger portions of productive capital into channels into which it seeps away without bringing further progress. Germany’s debt brake is toast (it has always been an illusion, since political actions, even when written into constitutions, are reversible at any time) and the CDU’s cynical push through a defunct Bundestag reeks of desperation. Remember: the CDU is the party that was still pretending to have Christian-conservative values during the Merkel era, while executing the green-socialist agenda of decomposition in a way that even the heirs of the GDR SED and their green socialist brothers and sisters in the West did not dare to dream of. image The whole german economy was built as a charade within a fog of narratives which over the past two decades has essentially been a kind of euro mercantilism: a domestically low-wage sector coupled with a currency that was undervalued by 30 to 40% for the German economy. Massive trade surpluses (the narrative of world export champion Germany) ensured booming foreign credit business and an enormous dependence of the entire eurozone on the creditworthiness of the German economy. At the end of the past few years, the Brussels-Berlin policy, since the attack on the nuclear industry such as the automotive industry and the phasing out of nuclear power, has affected the German economy to such an extent that the spectre of recession in the form of Germany's sinking lead is now haunting the whole of Europe. In what creative german politicians call “Special funds” (which is officially unconstitutional) they're hiding their reckless spending now, sticking taxpayers with the bill. This is centralized control masquerading as rescue—industry fades, productivity dies, and the crash of the hole economic bubble nears. #EU #DebtCrisis #Recession #Bitcoin #Nostr #Grownostr #Fiat #IndustrialDecline #FiatPonzi #Eurozone #Euro #StackerNews #Nostr #germany #debtspiral
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Ghost of Truth 11 months ago
GM, Back in Malaga in Spain on the Costa del Sol in steady rain at 11 degrees. But that doesn't matter, we have other problems. Europe must focus on its first principles, overcome bureaucratism and the belief in the almighty state, which is always the sign of infantile childishness. The sovereignty of the individual begins with the realization that looking to the state to solve one's own problems is the fundamental problem. image In Europe, we look back on a great history, fatal decisions and bad consequences, but we have something that distinguishes us from all others: a quality of life on which we can build everything we need. Let's work to ensure that the Euro course is no longer ridiculed as those who have the best food (which is true) but otherwise fail completely. Let's destroy the globalists' and socialists' dream of the EUSSR by our actions! Have a great week everyone. #bitcoin #freedom #europe #nostr #grownnostr #plebchaine #eu #euro #doge
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Ghost of Truth 11 months ago
Don't let the tradfi retards shake You out now. It''s all market behaviour and a lot of macro panic that's weighing on #Bitcoin. Switch off the charts, have a beer in the sun if You can get some. Steel is made in fire!
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Ghost of Truth 11 months ago
Eurozone: Is The CBDC Coming in October? While the americans clean out their globalist-infested policy stable and declare Bitcoin a strategic state reserve, which will pave the way for accelerated adaptation, the eurozone Europeans, led by their central planners in Brussels and in the Frankfurt tower of the European Central Bank, are moving ever faster towards a total state, with surveillance money and fiat credit explosion. ECB President Christine Lagarde, a top functionary with a criminal record and chief central planner on duty, has now announced her intention to introduce the Euro CBDC, and with it the end of private sovereign transactions, as early as october this year. This money is likely to have an expiry date and be earmarked for a specific purpose if the central planners have to enforce their preferences (climate policy, exclusion of uninvited individuals such as the trucker demonstrators or lockdown opponents). It is sheer panic, triggered by the US withdrawal from the Ukraine credit pump, that is now leading to drastic coercive policies. So in the short term, expect capital controls and tougher measures against any form of dissidence against the disaster policies that will usher in the final chapter of the European Union. Bitcoin becomes the little man's escape route. #eu #ezb #cbdc #news #bitcoin #nostr #usa #trump #plebchain #euro
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Ghost of Truth 11 months ago
On Aesthetics In the man-made world, writers, philosophers and other artists will never run out of material to describe hell. Wars, man-made misery, the inherent ugliness of envy, resentment, laziness, hatred and wretchedness amalgamate in the best possible way with the many forms of physical ugliness to create an incomprehensible unaesthetic that leaves one amazed. To describe heaven, to bring beauty and goodness to life in self-praising works is the true art of the arts. The destruction of ugliness is the first step towards admitting the reality of ugliness and the necessity of its elimination. This is how our catharsis begins. image #philosophy #bitcoin #nostr #grownostr #plebchain #art #culture
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Ghost of Truth 11 months ago
EU Stumbles Over Ukraine Support as Financial Fears Clash with War Drums BRUSSELS – European Union leaders hit a wall late Thursday, failing to hammer out an agreement on bolstering Ukraine with fresh aid or ramping up defense commitments. The high-stakes summit, meant to signal unity, instead laid bare deep fractures among member states, with economic caution and geopolitical bravado locked in a tense standoff. image Belgian Prime Minister Bart De Wever threw cold water on the idea of raiding $227 billion in frozen Russian assets to bankroll Kyiv’s fight. “Those pushing to grab this cash need to wake up to the fallout,” he warned, pointing to the risk of a global financial tremor. His words underscore a growing unease: what happens when you rattle the cage of market trust? On one side, a bloc of nations clamors to redirect Moscow’s immobilized funds into Ukraine’s war chest. On the other, heavyweights like Germany and France are sounding the alarm over legal quicksand and economic blowback. Hungary, meanwhile, threw a wrench in the works, reportedly stonewalling a joint EU stance on Ukraine—further proof the bloc’s seams are splitting. The deadlock comes as Europe grapples with a broader reality check. The recent sell-off of European bonds, sparking a sharp spike in yields, could possibly be cooling the war fever of the continent’s globalist hawks neocons. Seizing Russian assets as loan collateral could be the final straw, shredding confidence in the rules that keep markets steady. For now, the EU’s grand plans remain just that—plans, stalled by cold, hard pragmatism. #EU #Ukraine #Russia #GlobalFinance #RussiaAssets #Geopolitics #nostr #plebchain #grownostr #news #bitcoin
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Ghost of Truth 11 months ago
To interpret a strategic bitcoin reserve in the USA (!) as a 'sell the news' event is, in my opinion, far beyond any ratio. As a libertarian, I am something like public enemy no.1 and base my personal ethics on individual responsibility and sovereignty - but it's the USA! And they will define a new bottom in terms of liquid supply. I have to take that into account. From this decision, a legislative process will be derived that turns the fight against bitcoin into its opposite, giving us all room to innovate and stabilize the ecosystem. If I had fiat cash, I'd buy it like it's the last chance. image #bitcoin #sbr #nostr