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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 7 months ago
Frage an die deutschen bros: War das der 'kick in the nuts', der die Liberalsozialisten der hippen #FDP am Ende ins Nirwana 'gedowngraded' hat? #Dürr
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Ghost of Truth 7 months ago
China reduces, the Europeans continue to build up their US Treasury holdings. Interesting! The European media want me to believe that the reserve asset is at an end. Bullshit once again! They are trying to prevent the dollar shortage. #EU #usa #USD #euro #china image
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Ghost of Truth 7 months ago
That can't be right! Our #EU commies regulate everything so professionally and nobody wants to invest here? I think we should raise taxes further - that should attract massive investment. #socialism #ecb #recession
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Ghost of Truth 7 months ago
The Germans are hard-working savers - well-behaved, staid and predictable. Do they suspect that 'economic expert' and central planner #FriedrichMerz will melt the purchasing power of their cash Himalayas like ice in the sun with his trillion-euro debt program? #Merz #Debt #bitcoin image
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Ghost of Truth 7 months ago
Before the negotiations with the #EU, it must be clear that these central planners can only be met with the toughest pressure. These people thrive on regulation, protectionism and controlling the population. These negotiations could be more difficult for #Trump than those with #China
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Ghost of Truth 7 months ago
Many are angry that #Merz also lied in the case of #bordercontrols. But this is standard political phraseology. Nothing will change in #Germany until the middle class has lost the illusion of wealth. That will take time, but things have been going downhill for a long time. image
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Ghost of Truth 7 months ago
We are moving towards a system where international trade could be settled through neutral assets. This could significantly reduce trade distortions caused by currency manipulation. #gold #bitcoin #china #yuan #usa image
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Ghost of Truth 7 months ago
EU: CAPITAL CONTROL PHASE BEGINS Spain will fine you €150,000 for withdrawing €3,000 in cash—unless you give 24h notice. This is how it always starts: a bankrupt EU, creeping controls, and the quiet theft of your property. #CapitalControls #Spain #FinancialRepression image
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Ghost of Truth 7 months ago
Wasn't #Leo the pope who saved Rome from being sacked by the Huns? Then the choice of name of the new pope would indeed be an interesting hint. I suspect the barbarians are somewhere between Brussels and Davos! #wef #pope #rome #eu #socialisml
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Ghost of Truth 7 months ago
This is how it works in the engine room of the hyperstate: parasitic areas expand, the crucial elements and qualitative factors wither away. And the figures from the #USA - what does it look like here in the #EU, where the public sector is the last 'growth' sector? #socialism image
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Ghost of Truth 7 months ago
The globalist problem of #UK compressed into one image. #wef image
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Ghost of Truth 7 months ago
GM, The fact that the globalist #FriedrichMerz failed in his first attempt to become chancellor yesterday seems to have been a small glitch in the matrix. The speed with which the machine compensated for this error is impressive. Normally, a second round of voting would not take place until two weeks later. This means that the pressure on the globalists' cauldron is steadily increasing, especially after their debacle in Romania. And it was also wonderful to see how Donald #Trump belittled the carney parasite from Canada yesterday. We are clearly making progress! image #EU #germany #wef
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Ghost of Truth 7 months ago
EU To End Gas Imports From Russia At The End of 2027 Just a week after a massive blackout on the Iberian Peninsula, Brussels is once again turning its focus to energy policy. This time, it’s about a final break: a complete halt to Russian gas imports by 2027. On Tuesday, the European Commission, under President Ursula von der Leyen, unveiled its roadmap for cutting off Russian gas supplies. The plan includes multiple measures: by the end of 2025, no new gas contracts with Russian providers can be signed within the EU. Existing contracts must expire or be terminated by the end of 2027. The aim is to force a total supply freeze from Russia. What will happen with deliveries routed through third countries — currently about a fifth of Russian gas supplies to the EU — remains unclear. An Ambitious — and Possibly Blind — Exit Plan Brussels’ exit strategy is ambitious, but it may also be dangerously shortsighted. The facts speak for themselves: Russian gas still accounts for 13 to 16 percent of the EU’s supply, including indirect routes through intermediaries. In a twist of irony, Russian gas imports in Q2 of this year — at 12.7 billion cubic meters — exceeded even those from the United States, which stood at 12.3 billion. Given the fragile state of Europe’s energy grid and its heavy import dependency, it’s unclear how this void will be filled. In fact, surging gas demand in Italy, the Czech Republic, and France caused Russian gas imports to increase by 18 percent in 2024. Workarounds via third countries remain embedded in the market. Europe’s industry is still deeply dependent on conventional energy sources. The International Energy Agency estimates that by 2030, only about 50 percent of the EU’s gas demand can be met through non-Russian sources. Not even the most aggressive push for renewables will be able to close the looming gap. A Centralized Procurement Monopoly to the Rescue? Brussels’ answer: centralization. The EU plans to counter the complex energy market with a new supranational energy agency wielding centralized purchasing power. But whether this top-down approach can reconcile national interests with wildly varying energy needs remains highly doubtful. The structural flaw is all too familiar — just look at the European Central Bank. Brussels’ bureaucratic ambitions regularly clash with member states’ priorities, sparking recurring tensions. So, how exactly will Europe plug its energy deficit? For now, we’re offered the usual Brussels jargon: more renewables, more diversification, and expanded LNG imports from countries like the U.S. and Qatar. New LNG terminals and supply routes are in the works. Funding will likely flow through institutions like the European Investment Bank (EIB) and Germany’s KfW. But Brussels also falls back on its go-to dogma: subsidized energy efficiency programs and enforced consumption cuts in industry and households. In short: everyone will have to tighten their belts. Bleak Outlook for European Industry None of this bodes well for Germany’s industrial base, which has borne the brunt of the EU’s sanctions regime since the start of the Ukraine war. Electricity prices for German manufacturers have doubled since then. Compared to their American competitors, the difference is stark: German firms without subsidies pay about €0.18 per kilowatt hour, and those with subsidies around €0.12. In the U.S., the same power costs just €0.03 to €0.04. The cost pressure is now translating into cold, hard numbers. Factory closures at BASF and production halts at Volkswagen are wiping out tens of thousands of jobs. In 2023 alone, Germany lost around €65 billion in direct foreign investment. Much of that capital likely went to the United States, where the government is aggressively fueling a manufacturing revival — through deregulation, tax cuts, and strategic tariffs. On top of that, the U.S. is fast-tracking fossil fuel and nuclear energy projects, offering industries the kind of stability that is vanishing in Europe. America’s departure from ideological energy policy may prove to be a decisive competitive edge, while Brussels ties itself into moralistic knots over Russia and green virtue signaling. Legal Roadblocks Ahead But even Brussels’ plan isn’t legally watertight. To dissolve existing gas contracts with suppliers like Gazprom, the Commission must invoke “force majeure” or hardship clauses. Given that Russian suppliers — especially via TurkStream — have largely honored their contracts, legal challenges seem inevitable. Expensive, drawn-out lawsuits may soon follow — exactly what Brussels hoped to avoid. Europe’s industry is gasping for air. While Brussels lectures about “strategic autonomy” and “climate responsibility,” industrial capacity is quietly drifting across the Atlantic. The price of ideological energy policy is steep: economic decline, a fragile energy infrastructure, and a slow erosion of prosperity. Those who think steel can be forged and factories run on moral superiority are in for a rude awakening.
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Ghost of Truth 7 months ago
The new German Chancellor #FriedrichMerz categorically rejects cooperation with the #AFD. Instead, he believes in cooperation with the Greens and the communists of the Left Party. Well, you have to have priorities and a clear world view. This man's world view is green euro socialism, a globalist cesspool #Germany. #eu #wef #merz
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Ghost of Truth 7 months ago
Where is the collapse of the #USA, which the representatives of the #EU are so longing for and calling for in the media?Is someone trying to cover up their own decline with external propaganda? #trump #tariffs image
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Ghost of Truth 7 months ago
As a passionate bitcoiner, I congratulate the 'economic expert' #FriedrichMerz on his election as the 10th Chancellor of the green-socialist Collective of #Germany. And now, Fritz: fire up the fiat pump and pump my bags! #debtspiral #fiatponzi #bitcoin
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Ghost of Truth 7 months ago
You have to take a look at what is happening in Germany: the taxpayer-funded Verfassungsschutz (Office for the Protection of the Constitution) is actively intervening in the party competition in an attempt to eliminate the only opposition party, AfD, by branding it as a right-wing extremist party. To strengthen the party monopoly. At the same time, large sections of the German herd are only too happy to accept this cheap moral dividend of a unified opinion. This is the end of any political culture. #germany #AfD #Bundestag #Merz
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Ghost of Truth 7 months ago
Falling Oil Prices: Record Output Meets Economic Slowdown The oil price is a seismic signal. It points to geopolitical power shifts, weakening global demand, and the fragility of our debt-fueled economy. The global economy is showing clear signs of cooling. One of the most telling indicators? Oil prices, which have been declining for months. Are we witnessing the dawn of a deflationary era after years of inflation? The futures price of the benchmark WTI (West Texas Intermediate) crude has fallen from around $79 per barrel in the spring to below $56, a drop of approximately 30 percent in a very short period. This drastic decline in the price of the world’s most important commodity reflects two fundamental trends: First, a geopolitical race among major oil-producing nations for market share is quietly unfolding. Despite repeated debates among OPEC members, production quotas remain high. National self-interest frequently undermines this cartel’s cohesion, eroding its ability to act as a price-setting oligopoly. OPEC’s U-Turn After years of coordinated production cuts, OPEC reversed course earlier this year, agreeing on moderate increases in output. Since April, average production from countries like Russia and Saudi Arabia has been ticking upwards. The group aims to expand daily production by up to 2.2 million barrels by September 2026. With current global daily output at around 104.8 million barrels, this would amount to a modest increase — one that could still exert downward pressure on prices. The U.S., Iran, and Brazil have particularly ramped up production in recent years. Brazil is leveraging its critical commodity sector to counter domestic fiscal challenges. With some success — the country’s public debt has dropped from 90 percent to 76 percent of GDP. Iran, hampered by U.S. sanctions, has found ways to stay in the game, boosting exports to China and leveraging refining capacity in Venezuela. Malaysia and Oman play a key role in routing Iranian oil into Asian markets. Oil as Geopolitical Leverage Oil exports remain a geopolitical lever of the highest order. Despite all calls for transition, oil still accounts for 31 percent of global primary energy consumption. It is deeply integrated into the logistics and production systems of the global economy — too essential to be removed from the equation. Increased exports provide producer nations with bargaining power on the global stage. The United States has become the world’s largest oil producer, now accounting for 13.5 percent of global output, with daily production of 13.6 million barrels. Roughly 7.5 percent of this volume is exported. The industry has already begun anticipating the energy policy of a new Trump administration, which signals continuity with past geopolitical strategies — likely reinforced by deregulation and fiscal incentives. It seems likely that oil policy will be tightly integrated into Washington’s newly assertive trade strategy, providing further leverage in upcoming negotiations. There is no neutral zone anymore. The truth is, most nations are trapped in a dollar-centric debt regime they can’t escape — unless they crash their own economies. The Fed may not have fired the first shot, but make no mistake: the global credit war is underway, and the U.S. holds the trigger. Demand Side Weakness Adds Pressure On the demand side, things are equally telling. On Wednesday, the United States reported a quarterly GDP contraction of 0.3 percent compared to Q4 2024. While temporary factors — such as front-loaded imports due to tariffs and a massive inflow of European gold into the U.S. — are partially to blame, broader signs of a slowing economy are unmistakable. Purchasing Managers’ Indexes (PMIs) are painting a bleak picture. China’s index stands at 49, the Eurozone at 48 — both indicating contraction. The U.S. PMI is barely holding at 50.2, just above the stagnation threshold. Energy-intensive industrial production has been declining for some time, dragging down demand for both commodities and logistics services. Bond markets, particularly in China, are showing falling yields — signaling declining inflation expectations among investors. Another red flag: copper prices. Often dubbed “Dr. Copper” for its reliability as a barometer of economic health, copper has lost about 20 percent of its value since its 2024 peak. The downward trend appears intact. Notably, even strong-arm warnings from President Trump — threatening to cut off countries doing business with Iran — only briefly interrupted the decline in oil prices. Structural weakness in global demand continues to dominate the narrative. Historical and Monetary Context Unlike politically engineered oil shocks of the past — such as the 1973 embargo that triggered car-free Sundays and speed limits — sudden price collapses are often early warnings of larger crises. The oil price crash of 1986, sparked by fierce internal competition among OPEC members, sent prices tumbling from $30 to $10 per barrel and ushered in an era of deflation and fiscal stress. In early 2020, oil collapsed in anticipation of the global COVID lockdowns, which led to a worldwide recession. Today, the signals are eerily similar: tariffs, currency turmoil (especially the weakening yuan), and recurring liquidity strains in credit markets all point to systemic fragility. The falling oil price reinforces that impression. There’s a rarely discussed monetary aspect to this price decline. Our financial system is built on fractional-reserve banking and credit expansion. Not just states and corporations, but also consumers and financial institutions, rely on nominally fixed credit contracts. The system depends on a steady expansion of credit to cover interest and principal repayments. Deflationary price shocks are toxic in this setup. While consumers benefit from lower prices, businesses struggle. As revenues fall in nominal terms, it becomes harder to service debts that were contracted under different assumptions. Insolvencies follow — and with them, systemic risks to the banking sector. Credit Domino Effects Loom Falling asset prices — real estate, government bonds, or leveraged stock portfolios — undermine collateral. Loans must be re-secured, or margin calls are triggered. These can set off liquidation cascades. A falling oil price not only reduces the fiscal breathing room of producing nations — it also undermines the foundation of many debt-based business models. Oil, as a core input, sets the tone for general price developments. The risk of a deflationary domino effect is real. The oil price is more than just a market number. It’s a seismic signal. It points to geopolitical power shifts, weakening global demand, and the growing fragility of our debt-fueled financial architecture. Anyone focused only on cheap gas is missing the tectonic tensions building beneath the surface of the world economy. In the weeks and months ahead, all eyes will be on whether oil continues its slide. If it does, policymakers may return to their standard playbook: pump up the money supply, unleash fiscal stimulus, and hope for the best. If China’s credit contraction collides with Germany’s industrial anemia and the U.S. bond market buckles under the weight of its own debt binge, the world could be staring down the barrel of a deflationary supercycle — one that no central bank can paper over this time. The political fallout? It could make 2008 look like a warm-up act. #economy #trade #usa #china #eu #oil #bitcoin #news #geopolitics
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Ghost of Truth 7 months ago
The would-be chancellor #Merz has failed in the first round of voting. If not even a trillion euros of new debt is enough to put together a communist coalition, the fun is getting too expensive for me. #germany #eu image
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Ghost of Truth 8 months ago
Germany's decline in one picture: even Austria and Spain have moved ahead of us in this most important statistic of all. #germany #beer #europe #culture image