GhostofTruth

news

Debt-financed military expansionism? The market says no! 

![](https://m.stacker.news/80759)

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: The Neocon Plabook Hits a Wall

charts_and_numbers

Global M2 Is Rising Fast

I think it should show exactly the bull market during this cycle

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.

![](https://m.stacker.news/80700)

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.



Education

It is probably the most iconic 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.

![](https://m.stacker.news/80694)

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.

![](https://m.stacker.news/80696)

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.

![](https://m.stacker.news/80697)

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.

![](https://m.stacker.news/80698)

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.

![](https://m.stacker.news/80699)

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.



Big Show And Politics: The Circus Maximus in Rome

econ

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). 

![](https://m.stacker.news/80672)

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.



U.S. Service Sector Gains Momentum as Industrial Orders Surge in Early 2025

EU: Debt acceleration ahead!

Euro: Brussels falls into the trap

Capital Flight From Europe Is a Bad Omen

Hope You're right. They will be broke before they even field a serious cohort of soldiers anywhere

Following the strategic withdrawal of the USA from Europe, the Europeans are falling into a trap and are immediately starting to prepare a massive debt-financed defense budget that will lead them down the path of common national debt within the European Union. In their stalled thinking, they do not realize that the markets are already reacting and selling off European government bonds on a massive scale, which will force the European Central Bank to adopt an interest rate control policy. Like blind chickens, they are falling right into the trap that the Americans have set for them. The euro is already history, it's a zombie that can dance a little longer. 

![](https://m.stacker.news/80634)

French Government Spokesperson Primas: Macron is considering visiting Washington again to meet Trump with Ukraine's Zelenskiy and Britain's Starmer.

It is plain for all to see that the Europeans want to pull the US back onto the European battlefield with all their might.  Without the economic and military superpower, they have nothing at their disposal.

White House: Next wave of tourism from Europe on the horizon

Markets are known to move before politics creates a fait accompli. If we look at the flight of physical gold from London and also from Switzerland to the USA, all the alarm bells should be ringing for us Europeans. 

And we are also seeing a clear movement of investment capital out of the European Union in locations such as the USA. Is capital here trying to tell us that the Europeans' sabre-rattling against Russia could ultimately lead to a hot war between Europe and the Russians? Meanwhile, US President Donald Trump is open to European companies locating in America, better tax policies, less regulation and an overall much more stable outlook than the Europeans can offer. Capital is moving fast, with capital controls and the iron fist of the Brussels bureaucratic state already looming on the horizon. There is only one way out for us small fry, who can't even change continents easily, to preserve our financial freedom and sovereignty: to flee to the most neutral of all states and locations, Bitcoin cyberspace. 

https://www.mining.com/web/shipments-to-us-caused-a-1-7-drop-in-london-gold-vault-holdings-in-january/



Eyes on the debt in the eurozone! The withdrawal of the USA from the financing of the Ukraine disaster gives the eurocommies exactly the opportunity they have been waiting for a long time to create panic, stir up fear of war and communitize the sovereign debt of the European Union. For legal reasons, this has not been possible until now, but it should now be easy to get rid of it as the mainstream press once again succeeds in manipulating public opinion. 

![](https://m.stacker.news/80613)

Since the lockdown policy, the eurozone economy has been in recession only surviving through massive expansion of the state sector and credit-financed artificial demand for dubious projects such as the green transformation. And the sad attempt by German politicians to declare the planned 500 billion euros in new debt for the defense budget as a so-called special fund in order to deceive the public about the state of the state's finances is nothing but a ridiculous camouflage. We know from the history of economies that countries with a government debt ratio of over 80% can no longer escape the debt trap without default! The eurozone has long since crossed this demarcation line. Under the new Chancellor Friedrich Merz, Germany, which in the past has been fiscally very conservative, at least in comparison to its European partners, is now also falling into the well visible debt trap. At least for those of us who still have one or two functioning brain cells, this debt trap cannot be overlooked. But politicians are known to be a special breed of people with the experience and learning horizon of fruit flies.

![](https://m.stacker.news/80615)

Especially in fiat economies, war has always been the scapegoat in the past to keep the debt printer running hot. It is the fatal failure of science that throughout the 20th century and to this day it has not succeeded in exposing the Keynesian delusion of the feasible global control of complex economies for what it is: a pseudo-scientific childish belief that played into the hands of socialists and central planners.

![](https://m.stacker.news/80616)

This pseudo-academic religion, this offset of crude macroeconomic theories, gives politicians precisely the tools they need to centralize political power and influence the individual economy. The media sector is also to blame for this debacle, as Keynesianism has never had to face real criticism in the public sphere. It seems to have been almost forgotten that the centralization of decision-making processes, to the exclusion of decentralized pricing, is the decisive criterion for the failure of complex systems.

The current debates of the European Union's top politicians, which revolve exclusively around the way in which debt is accelerated and no longer around the consolidation of public finances, also shows wonderfully that the players within this stabilized argumentative matrix are no longer able to change their perspective. In short: Europe is largely incapable of reform and is intellectually blocking itself!

![](https://m.stacker.news/80617)

And the market's reaction is not long in coming: interest rates on German government bonds are already rising while inflation rates in Europe are picking up speed again, which will probably soon prompt the powerful central planners at the European Central Bank to introduce some form of yield curve control so as not to abandon the ailing public finances of the eurozone countries which is likely to pose a massive threat to the already ailing euro. Against the backdrop of the severity of the fiscal crisis, all the talk about a moderate interest rate run in the eurozone is completely self-evident. Credit must be made cheaper again in the eurozone in order to prevent the collapse of the zombie economy that has been systematically bred since the days of the last financial crisis and on which many millions of jobs depend, the social foundations of the old continent the last argumentative bastion of the central planners in Brussels and the European capitals.

![](https://m.stacker.news/80618)

The Eurozone debt crisis is entering the next round, the attempt to further escalate the war in Ukraine is being morally charged by Russia's panic in the media and over half a billion Europeans are facing an economic fiasco. And we haven't even talked about what will happen if tax revenues implode and Europe's golden calf, the various social insurance schemes, collapse underfunded. At a certain point, we enter the endgame of the Fiatponzi.



In its annual legislative summit, China laid out its economic ambitions for 2025, aligning closely with what analysts at Pinpoint Asset Management deem as broadly anticipated by global markets. 

![](https://m.stacker.news/80608)

The fiscal deficit target has been adjusted upward from last year’s 3% to a more flexible 4% of GDP—a move that, according to Pinpoint’s lead economist Zhiwei Zhang, leaves room for further expansion should escalating trade tensions pose a tangible threat to growth. While Beijing has dialed back its inflation target for the coming year, Zhang notes this adjustment doesn’t herald a drastic pivot in monetary policy. “The inflation marker is more suggestive than prescriptive—a guiding star, not a destination the state is bound to hit,” he told reporters.

Yet, beneath the surface of these calibrated projections lies a deeper unease. China, like many fiat-driven economies, seems unable to sidestep the tightening grip of a debt spiral and a looming demographic cliff. With global public debt levels projected to hit record highs this year, the nation’s fiscal maneuvers reflect a broader, unsettling trend: governments worldwide are borrowing heavily to keep their economies afloat, a strategy that leads to extreme volatility which translates more and more into geopolitical conflicts.

As far as the targeted economic growth is concerned, China's Communist Party considers the fabulated but vehemently defended growth target of real economic growth to be five percent. A little comedy is part of it, especially in the exquisitely stupid circles of communist political offices.



China’s 2025 Economic Blueprint Signals Caution Amid Rising Global Debt Tides

culture

If Europe really wants to play a role in the world of tomorrow, and this will be a world of realpolitik dictated by the pacific region, then it must reverse the principles of recent years. 

![](https://m.stacker.news/80478)

Political competence must be returned from bureaucracy-ridden Brussels to the regions, a right of secession for these regions must be anchored in the community that exerts pressure on any form of centralization of power, europe must de-bureaucratize itself and deregulate markets, there must be a common migration pact that puts an end to the immigration misery and the resulting domestic political catastrophe situation.

Europe must become so fiscally attractive in terms of tax law that the bright minds come and not the failed, dubious existences that an entrepreneurial spirit emerges and a new corporate culture can grow, Europe must recommit itself to the family as the foundation of society and cut its socialist golden calf, the paralyzing welfare state, to the extreme. It must overcome its propaganda education of left-wing radical rainbow Stalinism and find its way back to meritocratic values and individual performance orientation. 

It sounds like a Herculean task, and it is. But precisely these processes will one day be contained, when more and more people realize that the careless and infantile abandonment of personal responsibility into the hands of functionaries and rent seekers is once again giving birth to the very political and social processes that have already turned the 20th century into a century of catastrophes. It is precisely the wonderful fruit of meritocratic bourgeois society that leads to the prevention of power-centeredness and the control of those who attack it.



Europe Must Overcome Its Infantile Rainbow Stalinism

When the ancients thought of Crete, they immediately had one word in mind: thalassocracy. This means sea rule and it implies something very special, a people that could behave in a largely non-military way internally, focusing on trade and art.

![](https://m.stacker.news/80463)

Anyone visiting the Greek island of Crete today, the large elongated island that closes off the Aegean Sea to the south, cannot avoid a visit to the temple complex of Knossos. Knossos was the center of the culture we have come to know as the Minoan, the first high civilization in Europe. It is a spectacular palace culture that became the focus of European excavators over 100 years ago and where the archaeologist Arthur Evans left his fingerprints for all to see. His attempts to reconstruct the ancient palace, largely inspired by Greek myths and tales, have met with a divided response from aesthetes - have they destroyed and distorted more than would have been permitted from an archaeological and scientific point of view? Or do they help us to form a picture of what once flourished over three and a half thousand years ago? This may be in the eye of the beholder, but what has been preserved and possibly not falsified is astonishing.

Let us first take a brief look at the chronology of the Minoan civilization.

![](https://m.stacker.news/80464)

The Minoan civilization, flourishing roughly between 3000 and 1100 BCE, left behind a legacy that’s as much about beauty as it is about mystery. To really understand their art, we need to walk through its phases—the Prepalatial, Protopalatial, Neopalatial, and Postpalatial periods—and feel the emotions woven into every brushstroke.

Let’s start with the early days, the Prepalatial period (around 3000–2000 BCE). Back then, Minoan art was still finding its feet. Think simple pottery with swirling patterns or small figurines carved from stone or clay. It’s raw, unpolished, but there’s a quiet energy in it—a sense of people experimenting, reaching for something bigger. The emotional tone here feels tentative, like a whisper of curiosity about the world they lived in. You can almost picture a potter by lamplight, tracing spirals that mimic the waves crashing nearby.

![](https://m.stacker.news/80465)

Then comes the Protopalatial period (2000–1700 BCE), when things start to shift. The first palaces pop up—Knossos, Phaistos, Malia—and with them, the art gets bolder. Frescoes begin to appear, though they’re still basic compared to what’s coming. We’re talking geometric designs, simple plant motifs, a splash of red or black on plaster. It’s functional, sure, but there’s a growing confidence, a pride in these new spaces they’re building. The emotion? It’s like the hum of a community waking up, buzzing with possibility.

![](https://m.stacker.news/80466)

Now, the Neopalatial period (1700–1450 BCE)—this is where the Minoans hit their stride, and honestly, it’s breathtaking. The frescoes from this era, like the ones at Knossos or Santorini’s Akrotiri, are bursting with life. Picture the “Bull-Leaping Fresco”: young acrobats flipping over a charging bull, their bodies twisting mid-air, all framed in vivid reds, blues, and yellows. Or the “Saffron Gatherers,” women delicately picking flowers, their faces soft and focused. There’s no stiffness here—just fluid lines and a love for movement. The colors alone—those bright, earthy tones—radiate joy, a celebration of nature and human vitality. It feels like a kind of awe looking at them, like the Minoans wanted to bottle up every fleeting moment of happiness and share it with us. The figures aren’t posed like statues; they’re caught mid-step, mid-laugh, mid-dance. There’s a playfulness, a reverence for the sea and the land—dolphins leaping through waves, lilies curling up walls. It’s like the Minoans were saying, “Look at this beautiful world we’re part of.” Even in scenes that might hint at ritual—like the “Grandstand Fresco” with its crowds—there’s a warmth, a sense of togetherness. It’s not cold or distant; it’s intimate.

![](https://m.stacker.news/80467)

Then comes the Postpalatial period (1450–1100 BCE), and the mood shifts. After volcanic eruptions and Mycenaean influence creep in, the art feels different—darker, more restrained. The warlike spirit of mainland Greece takes hold - war chariots appear, martial motifs now set the psychopolitical tone during the period of the operation, which now also dominates state-led art. The frescoes thin out, and what’s left has a tighter, more linear style. The “Throne Room” at Knossos, with its griffins and muted tones, still has beauty, but there’s a weight to it, a quiet resilience. The emotion here feels reflective, maybe even a little melancholic—like a people holding onto their identity amidst change.

Minoan art shows us a mirror of our  journey through time. From humble beginnings to a dazzling peak, then a gentle fade, it’s a story told in color and form. The frescoes especially—they’re not just decoration. They’re a heartbeat, pulsing with joy, wonder, and, later, a softer kind of strength. Standing in front of them (or even imagining them), makes one feel connected to those ancient hands that painted them, like they’re still speaking to us across the centuries, saying, “This is who we really were.”


The Frescoes and Art of Minoan Civilization: A Window into Time and Emotion

New Fiscal Fiasco In Germany: Could Political Incompetence Finally Force Peace?

The debate about so-called Eurobonds is now picking up speed again. Ursula von der Leyen is already talking about a volume of up to 800 billion euros, and the euro members have already granted 150 billion euros more or less. The Russian panic that has now broken out will build the bridge to the remaining maastricht rules and debt principles being thrown overboard. The European Union is thus taking a titanic step towards becoming a global state. Bad news for all those who rely on regional competencies and sovereignty.

It didn't take long for the ripples caused by Vladimir Selenski's bizarre appearance in the White House to reach the old continent again. In a hectic emergency meeting in London, the leaders of European politics tried to demonstrate their unity and their will to continue the Ukraine project, whatever the cost. At times, it was like watching half-strength men playing with their muscles - somewhat bizarre and ridiculous, but not unfunny if it weren't a matter of life and death.

![](https://m.stacker.news/80459)

It was just over a week ago that the Germans re-elected the Bundestag after the collapse of the government a few months ago, and it quickly became clear that a coalition of familiar forces would be needed to keep the German globalists' mortal enemy, the AFD, out of business. And so the new Chancellor of the CDU, Friedrich Merz, will forge a coalition with the Social Democrats, as quickly as possible, and continue what they had started: the joint action against Putin's Russia.

It only took a few hours for Merz to announce immense new borrowing to expand the country's defense budget to possibly up to 600 billion euros in the coming years. Money that the eurozone's largest economy does not have, after having shot itself in the head several times economically. Just think of the war against the automotive industry and the phase-out of nuclear power, as well as the sanctions packages against Russia, which have left the German economy lagging behind.

Germany’s prospective black-red coalition is staring down this self-inflicted financial abyss. Sources close to the negotiations between the Union (CDU/CSU) and SPD reveal a staggering budget shortfall—between €130 billion and €150 billion—projected through 2028. Federal Finance Minister Jörg Kukies (SPD) dropped this bombshell during Friday’s exploratory talks, according to insider accounts confirmed by multiple outlets. The figure paints a grim picture of a nation teetering on the edge of economic ruin. Friedrich Merz, who campaigned on a promise to audit the federal books, must now wish he’d never peeked under the hood. What he found was worse than anyone dared predict: a fiscal mess so severe it’s rattling the foundations of Germany’s economic reputation. The numbers don’t lie, and they’re screaming a warning—Berlin’s balance sheet is bleeding red, and the coalition’s ambitions may drown in it. This isn’t just a hiccup; it’s a structural collapse years in the making. Analysts point to unchecked spending and systemic strains, though the talks remain tight-lipped on specifics. For now, the coalition hopefuls are scrambling to plug a gap that threatens to swallow their agenda whole. 

This brings us to the Punch and Judy show and the team photo of the mimetically embarrassing group meeting in London. There, the two new strong men of Europe, Emmanuel Macron and host Keir Starmer, unceremoniously relegated the German Chancellor Olaf Scholz to last place, just to say: if you can't pay for anything, then you won't take part in the future big-man games! 

Everyone knows that, with the possible exception of Poland, no other European state has any military power worth mentioning. They are all small shadows of their former selves, rotten economies with weak fiscal chests that have saved their shadow armies from the Cold War under the protective umbrella of the Americans, who are now withdrawing. But obviously no one in Europe has read this memo properly, otherwise how could this meaningless talk of boots on the ground in Ukraine and massive support for the country be understood? The Europeans will soon have to deal with completely different problems, migration policy, economic and security problems, and the Ukraine project will very quickly fade into the background. But to this day, no effort at diplomacy with Russia can be seen. It is a complete denial of reality among the so-called political elite of the old continent.

Let’s call it what it is: Germany’s fiscal implosion is a twisted stroke of good fortune for a continent on edge. For years, Berlin’s shot itself in the foot—wild spending sprees, an open-door rush into social welfare, and an economic self-sabotage that historians will marvel at in disbelief. This €150 billion chasm isn’t a glitch; it’s the bill coming due for a nation that’s been running on fumes. This economic seppuku might just douse the war drums thumping across Europe. With Germany’s credit rating poised to tank—hello, France’s shaky tier—the markets won’t stomach funding big kinetic wars or military gambits via the money printer. Hyperinflation would shred the euro before the first tank rolls. So, while Germany’s elites scramble to salvage their coalition, the rest of us might dodge a bullet. Economic chaos? Sure. But a quieter continent...

On a meta-level, a kind of war-weariness is taking place, which has demographic reasons and is based on the general decomposition of every form of patriotism. For decades, the radical left has successfully rooted out any form of traditional patriotic thinking from the minds and souls of the people and it will not be possible to activate them once again for a proxy war of the globalists from London and Brussels. No one in their right mind will fight for 15 minute cities, cbdc control money or forced vaccinations and total media control. The game is over!


Tariffs: Echoes from Ancient Rome

GM,
nice that You like it. 
If You like Yoo can follow on Nostr too.
Have a nice day
Tom

npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprv

At its greatest extent under its emperor Trajan, the Imperium Romanum dominated the Mediterranean, the Black Sea and vast areas of the European continent, Northern Africa and the Middle East. Its political influence also helped to consolidate and pacify trade. The stable, high volume of commerce provided the central power in Rome with a rich source of income through customs policy - a topic that has been the subject of heated debate since the tide changed in the White House.

![](https://m.stacker.news/80290)

Picture Rome before Augustus took the reins around 27 BC. The financial system was a mess - a sprawling beast where local officials and provincial governors collected whatever they could grab, often pocketing more than they reported. It was less an economy and more a free-for-all, with corruption as common as the cobblestones on the Appian Way. Then came Augustus, stepping in to centralize and streamline Rome’s fiscal chaos. By 6 AD, he rolled out the Portorium publicum, a tariff system that wasn’t just about raking in denarii but about weaving an economic web across the empire. This wasn’t petty governance; it was a grand strategy, a way to assert control over the arteries of trade that pulsed through Rome’s vast domain.

![](https://m.stacker.news/80291)

The Roman state’s financial machinery was a marvel of its time, a complex tapestry of revenue streams that kept the empire humming. Before Augustus’ reforms, the state leaned heavily on direct taxes—the tributum—which hit landowners and citizens based on their wealth and property. Historians estimate this made up about 30-40% of Rome’s state income by the late 1st century BC, a steady flow that paid for legions, infrastructure like roads or aqueducts, and the occasional lavish triumph and the famous vulgar games - 'panem et circenses', financed by the tax payer to entertain a growing army of parasitically living individuals from all parts of the known world. But it wasn’t enough on its own, and that’s where the indirect taxes like the Portorium came in, pulling in roughly 20-30% of the total haul. Within that slice, the Portorium itself might’ve accounted for 10-20%, depending on the ebb and flow of trade across the Mediterranean and beyond.

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This tariff wasn’t just a tax; it was Rome’s way of putting a tollbooth on every trade route, ensuring that every amphora of wine or bundle of silk moving through its ports or frontiers paid its dues. Free trade principles weren't even a dream, they were completely out of reach as geopolitics those days were power politics in its basic form. Controlling the bottlenecks like the Dardanells were crucial part of stabilizing centralized power - a phenomenon we're witnessing again in our days, thinking of the Suez or Panama Channels. Bloodlines of Roman power where the flourishing provinces, the empire’s cash cows. From 27 BC to 14 AD, as Augustus solidified his grip, tributes from conquered lands and the spoils of war brought in another 20-30% of the state’s revenue. Think of it like Rome’s version of colonial dividends - gold, grain, and slaves funneled back to the capital from places like Gaul, Egypt, the depths of Africa or Sarmathia and Hispania. And let’s not forget the miscellaneous streams: selling public offices, tapping into mining profits, and other creative hustles that could’ve added another 10-20% to the pot. By the Pax Romana’s height in the 2nd century AD, this mix was a well-oiled machine, balancing the empire’s sprawling needs with a ruthless efficiency that modern central banks might envy.

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The Portorium wasn’t just about the numbers, though. It was Rome’s economic heartbeat, a tool for more than just filling the treasury. Augustus didn’t slap tariffs on goods out of boredom; he used them to control the empire’s lifeblood - international trade which included even the famous east asian trade routes, the Silk Road. By setting standardized rates around 6 AD, he gave merchants a predictable game to play, not unlike how Bitcoin promises stability in a wild financial world. If you were shipping spices from the East or marble from Greece, you knew what Rome would take at the gate, and that predictability fostered commerce even as it lined imperial pockets. It was a delicate dance: keep the provinces prosperous enough to pay, but tethered tight enough to never forget who held the reins. The execution of this system leaned on the publicani, Rome’s tax farmers and a real plague for their respect people, a practice that stretched back to the 2nd century BC. These private contractors bid for the right to collect tariffs, turning tax collection into a competitive enterprise. It was a brilliant outsourcing move: Rome set the rules, the publicani played the game, and the state reaped the rewards. Of course, it wasn’t flawless; corruption crept in like weeds in a vineyard, prompting reforms by the 3rd century AD to tighten oversight. Still, the ingenuity of it all - turning tax collection into a profit-driven hustle - feels like a distant ancestor to today’s public-private partnerships.

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Fast forward to 2025, and the parallels are uncanny. Nations wield tariffs like Rome once did, not just for revenue but for leverage. The U.S. hikes duties on Chinese tech to protect its industries; the EU adjusts post-Brexit trade barriers to redefine its economic borders; developing nations shield their markets to grow without being swallowed by giants. It’s all about control: over wealth, influence, and stability - just as Augustus sought control over his empire’s economic flows. The Portorium integrated Rome’s diverse regions under one economic umbrella, much like modern trade blocs try to harmonize their members while fending off outsiders. Rome centralized its economy to stabilize an empire (it failed in the end); today, we wrestle with whether centralized policies or decentralized systems like Bitcoin hold the key to economic freedom. The Portorium was Rome’s way of saying, “We’ll let you trade, but on our terms,” a sentiment echoed in every tariff hike or trade sanction we see today. By the empire’s peak in the 2nd century AD, this system had evolved into a cornerstone of Roman dominance, proving that economic policy could be as mighty a weapon as any legion. Rome’s example stands as a reminder: control the flow of wealth, and you control the game. History doesn’t just repeat—it resonates, and the echoes of Roman tariffs are loud and clear in 2025.