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Ukraine issue fragments the European Union

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Germany: Real estate crisis is over

econ

Philadelphia Fed Manufacturing Index plunged 15.8 points to -5.5 in November, dramatically missing analyst expectations of +8.2. This negative territory signals potential manufacturing contraction, marking a sharp reversal from October's +10.3.

Meanwhile, US jobless claims dropped by 6,000 to 213,000 (week ending Nov 16), defying forecasts of 220,000 and indicating continued labor market resilience.

Eurozone's economic metrics tell a concerning story:
- Inflation projected at 2.3% (up from 2.0% in October)
- Core inflation climbing to 2.8% (previous 2.7%)
- Consumer confidence sinking to -13.7 (1.2 point drop)
- EU-27 confidence also down to -12.4 (1.1 point decline)

Barclays analysts Bippus and Babic cite fuel price base effects as key inflation drivers, particularly impacting core goods prices.

US And EU: Economic Data Dump

China Court Declares Bitcoin Private Property

A snapshot of the German real estate market suggests that the Germans will be spared the fate of the Chinese, a blatant deflation on the real estate market, for the time being. At least here the fiat bubble system is working perfectly again, prices are rising, housing is becoming less affordable again, everything is fine. Bravo ECB! 

By the way: the regulatory frenzy with which German politicians have destroyed German housing construction also serves only one purpose: to keep supply tight so that prices can continue to rise.

![](https://m.stacker.news/63961)


 

Correct. What if the CCP uses btc as a liquidity sponge to be able to debase the Yuan faster?

Euro Fans Watch Out: The Germans Are Sending Your Shitcoin To Fiat Valhalla

You think You are the owner of Your house or if Your money in Your bank account?

There are stories in the vernacular that seem to go on forever, even though they have long since lost touch with reality. Germany, for example, is still regarded by many as the land of poets and thinkers, a haven for engineers and, above all, the world champion of austerity with a serious fiscal policy. Those, and I am thinking above all of Greece, who were particularly schoolmasterly bullied by the Germans during the last sovereign debt crisis, should take a close look at Berlin in the coming weeks and months. There are signs of a radical turnaround in Germany's traditionally conservative fiscal policy.

In the land of climate savers and moral world champions, reality is crashing down like a sledgehammer. All social systems, i.e. the ponzi schemes operated by the state, will now be subjected to the demographic acid test in the coming years. And this in the midst of a deepening recession! While millions of workers will be retiring, i.e. mutating from contributors to pension recipients, Germany will be pursuing an open-door policy, the social welfare office of the world, and inviting millions to vegetate in the country at the expense of the working population without making any contribution of their own. And the sad attempt of the so-called 'Green Deal' to create an artificial gross domestic product, which in the spirit of John Maynard Keynes is supposed to make the swamp blossom, can now also be considered a certain failure in view of the de-industrialization of the land of intellectual ghost drivers.

So what is the German response to this disaster in the short term? Incoming Chancellor Friedrich Merz of the green Merkel party, the CDU, is already hinting at where things are heading: a softening of all debt criteria, more state interventionism, state subsidies and investments, in other words the usual mishmash of centralized systems. 

The idea of a free market economy, a monetary system controlled by the market, is no longer being discussed at all. Europeans are taking refuge in the sterile and bloodless refuge of centralism and will sink into a swamp of debt, I dare to predict at this point.  Along the way, the European Union will continue to fragment politically and economically, and some states will try to regionalize in order to regain their sovereignty and thus stabilize their economies. 

For the individual, there is still the way out to the sound money system, which is open to all those who doubt that increasing the dose of the very medicine that is making the patient ill can lead to success.

For all euro fans: your shitcoin goes to Fiat Valhalla!

https://shorturl.at/Lehjq


Massive opinion shift in China: a court in Shanghai declares Bitcoin to be private property. This is likely to lead to accelerated adaptation and to international competition between countries for the best and scarcest reserve asset.

https://amp.scmp.com/tech/blockchain/article/3287415/shanghai-court-says-crypto-ownership-legal-under-china-law-amid-bitcoin-price-surge


This background of german post WW2 politics is very important. UK is more and more isolated

In a revealing Tokyo conference, Bank of Japan (BoJ) Governor Kazuo Ueda unveiled strategic insights into currency dynamics, signaling a nuanced approach to economic forecasting amid volatile exchange rates.

Ueda confirmed comprehensive integration of currency fluctuations into economic models, highlighting the delicate balance between monetary policy and market movements. The Japanese yen, currently trading around 154.78 against the dollar, has triggered substantial market speculation.

Key Takeaways:
- Currency movements critically analyzed in economic projections
- Potential import price implications closely monitored
- US policy shifts under potential future leadership considered

Notably, European Central Bank perspectives suggest minimal inflationary disruption from potential trade tensions.



Yen's Rollercoaster: Central Bankers Decode Currency Chaos

For a long time, Hungary's President Victor Orban was seen as the rebel in the socialist house of the European Union. Now the conservative has gained a lot of wind beneath his wings in recent months. A few days ago, Italian Prime Minister Georgia Meloni came out in favor of not supporting an attack on Russia, followed by Holland, Austria, Portugal will come out with a similar statement, and to everyone's surprise: Germany, the crumbling giant of the European Union, also refuses an active attack on Russian territory. 

While yesterday in the European Parliament they applauded the announcement to release further offensive weapons, at least the majority of parliamentarians so far, it became clear that with the newly elected US President Donald Trump, the faction of reason, those who want to end this war, has received a massive tailwind. 

While England, which is deeply involved in the financing of Ukraine and desperately wants to escalate this conflict to harvest russian reperations and cover a looming default, is now floundering, the European Union is likely to break further into two blocs: the centralist socialist bloc in Brussels and those who want regional sovereignty! 



How The State Creates Black Markets

The European Central Bank (ECB) just dropped a bombshell financial stability report that's raising eyebrows across trading desks. Let's break down the critical quotes and insights:

Direct from ECB Vice President Luis de Guindos:
"The outlook for financial stability is clouded by elevated macro-financial and geopolitical uncertainty, as well as increasing trade policy uncertainty."

Market Risk Assessment:
"Markets have shown resilience so far, but there's no room for complacency, particularly in equity markets where correction risks loom" - ECB Report

Non-Bank Sector Warnings:
"Negative dynamics could be amplified by non-banks due to their liquidity vulnerabilities, in some cases combined with high leverage and concentrated exposures"

Real Estate Analysis:
"While residential property prices are stabilizing, commercial real estate markets remain under stress due to the challenges posed by remote work and e-commerce"

Critical Risk Factors:
1. Government Debt:
"Despite post-pandemic declines in sovereign debt ratios, fiscal fundamentals remain weak in several countries"

2. Corporate Sector:
"Companies face rising debt servicing costs as maturing debt must be refinanced at rates exceeding those on outstanding debt"

3. Market Structure:
"The growing market presence and interconnectedness of non-bank financial intermediaries (NBFI) requires a comprehensive policy package to enhance sector resilience"

ECB's Stark Warning: Multiple Financial System Fracture Points Emerging

Yuan Defense Forces Beijing's Hand in High-Stakes Currency Game

Lol. I am in a good mood on the way to the beach. Nothing will stop this today... have a nice day too

bitcoin

Wtf is going on with the Bitcoin hashrate

028559d218

Everything that the state creates through regulation, market regulation and sanctions are black markets and a loss of prosperity for the citizens! The stupidest of all policies. 

![](https://m.stacker.news/63704)

China's central bank just pulled off its most interesting non-move of 2024. While keeping rates frozen (1-year at 3.1%, 5-year at 3.6%), the real story is playing out in the currency markets, where the yuan is doing its best impression of a tightrope walker.

Dive deeper, and you'll find Beijing trapped in a financial catch-22. October's rate cut already has banks counting pennies, with profit margins thinner than a silicon wafer. But here's where it gets spicy - the yuan's sliding against the dollar like it's on ice, and Ukraine's political turbulence is only adding fuel to the fire.

The Plot Thickens:
• Capital's playing hide and seek with dollar-denominated assets
• Chinese banks are stuck between a rock and shrinking profits
• Every potential rate cut now looks like a loaded gun pointed at the yuan
• Foreign investors are watching this game of monetary Jenga with popcorn in hand

Beijing's message is clear: Yuan stability trumps growth aspirations - for now. But with property markets still wobbly and local governments juggling debt, this pause might be more pressure cooker than strategic breather.

The real question: How long can they hold this pose?



Europe: Stagnation and Inflation While BoE Gives Path To Lowering Rates

Dont let these morons and globalists destroy Your beautiful country!