Germany: Bundestag discusses debt package In their final stage, representative democracies are in danger of sliding down into a pure vote-buying bazaar. Here the representatives of the political establishment offer the money of the last productive forces of society to secure votes. We now know from Germany how much it costs to put together a government: a special loan of 500 billion euros on top of the already fiscalized debt is needed to create a creepy coalition between the Merkel party CDU and the socialists of the SPD. A high price to pay to put together a government that is unlikely to remain in office for 12 months. Over the next four years, Germany will probably take on more than a trillion euros of new debt, around a quarter of its gross domestic product, which will bring it down to France's credit rating, which is already in a bad way. The European Union project is entering increasingly difficult waters. #germany #eu #debtspiral #fiatponzi #bitcoin #news #economy #nostr

Restructuring of the German economy continues The German automotive group Audi has reached an agreement with its trade union to cut 7500 jobs in 2029. This will primarily affect the administration and development departments. The core industry of the German economy is thus making room for additional capacities in the armaments industry, after the armaments company Rheinmetall has already announced that it may be able to use the capacities freed up by Volkswagen to expand its tank and drone production there. Instead of relying on the healing effects of a return to the free market, the European Union is now relying on a multi-billion-euro loan program to fill these capacities with a keynesian-type armaments program and build up its own military-industrial complex. Good luck with this impoverishment program for the population! A side effect is the ever deeper involvement of political actors and institutions in the private sector, which opens the door to serious corruption. Once installed, such a military complex holds the destructive incentives in its hands to seek out the foundations for kinetic conflicts and to realize them politically. https://www.reuters.com/business/autos-transportation/volkswagens-audi-cut-7500-jobs-administration-development-by-2029-2025-03-17/ #EU #germany #audi #economy #news #nostr #gro no Str

GM, ‘‘Gold tests with fire, woman with gold, man with woman.” (Seneca) #gm #nostr #grownostr

Can I laugh, or is it too soon? #nuclearpower #energycrisis #wef #germany #eu #economy

OPEC Stands Firm on Bold Oil Demand Forecast Amid Global Growth Signals The Organization of the Petroleum Exporting Countries (OPEC) is doubling down on its bullish outlook for global oil demand, projecting a robust uptick as economic recovery gains traction worldwide. From its Vienna headquarters, the cartel forecasts a surge of 1.45 million barrels per day (bpd) in 2025, followed by a still-hefty 1.43 million bpd in 2026. This optimism hinges on soaring aviation fuel needs and unrelenting road travel, painting a picture of a planet on the move. OPEC’s numbers starkly contrast with more cautious voices in the energy sector. The International Energy Agency (IEA), for instance, pegs this year’s growth at a modest 1.1 million bpd, underscoring a divide in how industry heavyweights see the future unfolding. Undeterred, OPEC’s steadfast projections signal confidence in a steady global economic rebound, with oil as its lifeblood. #OPEC #Oil #news #Economy #Energy #AviationBoom #grownostr #Nostr

In times of great tension, general change and uncertainty, it is worth taking a step back and listening to your own inner self. Marcus Aurelius wrote his 'Meditations' under the most difficult circumstances, suffering from a serious illness and in the war camp of Vindobona near present-day Vienna in Austria. It makes sense to think from step to step and yet not be distracted from the big goal. Sometimes the wheels of life grind very slowly, but all the more thoroughly if you let things take their course. #nostr #grownostr

Canada PM Carney: Canada is the most European of non-European countries As a Canadian, I would take this statement as a threat! Have a nice day everyone. #canada #eu #europe #nostr

On Tuesday, the Bundestag, which has been voted out of office, will meet once again in Germany to amend the constitution. A scandal, a transgression of any form of respect for the constitution. In a backroom deal, the incoming federal government under Chancellor Friedrich Merz (CDU) has negotiated an amendment to the Basic Law with the Green Party that stipulates Germany's climate neutrality by 2045. This will tie the hands of all future federal governments in terms of investment policy. The Federal Constitutional Court, which was supposed to prevent such corrupt activities, has played along. Germany is degenerating into a banana republic! #germany #merz #greens #democracy #socialism #wef #bitcoin #nostr #news #economy

For the time being, the bond market is saying 'Njet' to the immense debt plans of the incoming German government. Germany's creditworthiness is in for a revalorization if it really wants to saddle itself with around one trillion euros of new debt over the next four years, which would take the country into French territory. The real interest rates on ten-year German bonds already show where the journey is heading and politicians will soon be confronted with this reality: either yield curve control, leading to the debasement of the euro, or the bursting of the gigantic debt plans and thus the planned governing coalition, which would be held together solely by new debt. #eu #germany #bonds #debtspiral #inflation #bitcoin #economy #nostr

Canada's new globalist-in-chief must ensure dollar liquidity The appointment of Mark Carney as Canadian Prime Minister shows several things: firstly, the globalists are rotating their staff without any democratic legitimacy. Secondly, the fact that they have appointed a former governor of the Bang of England, of all people, shows that they have understood that the attack on the globalists' policy, which is essentially a Keynesian fiat policy with zero interest rates, is being launched via the money markets. Thirdly, the euro-dollar market, i.e. the USD credit market outside the US, is almost illiquid and now needs new stimulus. So let's watch who among the globalists will be the next to bring US dollar-denominated government bonds into the market. I suspect it will be Canada! Fourth, all fiat currencies from the globalist political spectrum may soon come under massive pressure #Canada #wef #usa #EU #inflation #nostr #bitcoin #economy #carney

GM, Enjoy this lovely Sunday and try to add a pinch of humor to the world. #gm #nostr #lol

Germany, little China with its 500 billion euro credit-financed investment program, Germany is taking the place of the economic engines within the Keynesian belief system as a kind of little China. The next German Chancellor, Friedrich Merz of the CDU, who has been hyped up by the mainstream media as an economic expert after working some years at Blackrock, has fallen completely prey to this belief. In the economic dream world of these people, only the state has to create sufficient artificial demand to overcome the growth and productivity dilemma of the eurozone, as China did on a global scale during the great financial market crisis. The bond market already shows where the journey is heading: even higher mountains of debt, no stimulus for real economic growth and rising inflation expectations. #eu #germany #china #fiat #debtspiral #bitcoin #nostr #economy

It is truly frightening how the fiat standard is attacking our purchasing power and thus our civilization, as shown here using the example of Great Britain and the USA. 1971, the year in which the remnants of the gold standard were eliminated, will go down in history as the year of great destruction. The fiat standard is an institutional power machine, a systematic redistribution black box from the productive parts of society to the parasitic. #gold #bitcoin #fiat #nostr #grownostr

Then I have another interesting economic variable here, the interest rate spread between the US and ten-year German government bonds. If it collapses, this indicates a flight of capital from the eurozone to the US. so keep an eye on it if things get geopolitically hot in Europe in the coming months. On a side note: isn't it curious that interest rates on German bonds are 200 basis points lower than their American counterparts? Here we see the European central bank at work, intervening massively to prevent the spread from collapsing.

Investing.com

US 10 Year vs Germany 10 Year Spread Bond Yield - Investing.com

Stay on top of current and historical data relating to US 10 Year vs Germany 10 Year Spread Bond Yield. The yield on a Treasury bill represents the...

#USA #eu #germany #bonds #nostr #bitcoin #economy

Just in case you don't know this site yet, but if you want to get brief and precise information about macroeconomic data, I recommend this one:

Economic Calendar

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Economic Calendar. This ca...

#macro #economy #news

I have marked in red all the states that are waging a passive war against Russia, have cut off Russian cheap gas and destroyed their nuclear sector at the same time. If I've read this correctly, Spain is likely to join them in the next five years and also declare war on nuclear power - we have the stupidest population in the world here in Europe! #germany #spain #europe #EU #Russia #nostr