Media: Celebrating An Economic Miracle
137 sats \ 10 comments \ @TomK 25 Jan 2023 bitcoin
US and european media is celebrating the youngest miracle: the US and the Eurozone seem to avoid a recession - worst case scenario: a soft landing.
Now let's watch the best recession indicator: the yield curve. It shows the steepest inclination since decades and points towards a strong recession.
But what is going on that numbers show the opposite? It's war economy, state demand and pure keynesian manipulation of money and gross demand.
That's exactly what is inflating the GDP for the last 3 years: artifical state demand meanwhile the private sector is contracting steadily. Watch the real job numbers, the participation rate to get an idea of the real economy we are facing. It's a free fall...
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1 sat \ 8 replies \ @l0k18 25 Jan 2023
The global money system that started in 1971 is failing, and they are doing everything they can to hide it while they run off with our bags.
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17 sats \ 7 replies \ @TomK OP 25 Jan 2023
I wouldn't be surprised at all seeing the war escalating faster.
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2 sats \ 6 replies \ @l0k18 25 Jan 2023
WW3 is already happening, the whole pandemic thing was the beginning of the standard border closing routine that presages its coming. And as you know, they make a world war when their fiat ponzi is collapsing to try and burn all the bagholders (with phosphorus, if possible!) so they can resume with a fresh generation of dupes.
Bitcoin really is the only light in a world of darkness right now, and because of this it's also starting to be focused on as a punching bag to try and keep people from noticing that they've swept so much under the rug you can't walk around in the room without looking at the floor.
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32 sats \ 4 replies \ @TomK OP 25 Jan 2023
You're right. Imagine this: I am sittting in a train in Germany where still a mask mandate exists up to 2.2. They nearly kicked me out of this shit train for refusing it while standing alone (!!) between two cabins. It's the end of zivilisation
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17 sats \ 3 replies \ @l0k18 25 Jan 2023
I'm not grieving the end of this fiat world. People need to get up to date with the state of things and unfortunately humans very much dislike change but change happens... They try to stop it when it's human ideas but ideas that are infectious cannot be denied. Eventually they have to accept it, or die trying to reject it.
Heresy is simply that which breaks the stability of the existing order. The ones who benefit from it spend incredible amounts of (stolen) resources in order to protect the order but eventually a dude goes up to a church door and nails a declaration and the high priests have to take that punch in the nuts.
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17 sats \ 2 replies \ @TomK OP 25 Jan 2023
As I understand Bitcoin it's on one hand this new declaration of liberty rights for those who chose this fight by buying it. On the other hand it is the manifestation of technological and culturel evolution that develops a secret force of gravitation that pulls You in whereever You are.
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2 sats \ 1 reply \ @l0k18 25 Jan 2023
Yup, it's a revolution with many prophets too, Bastiat, Smith, Schumpeter, Mises, Rothbard, Tucker, Satoshi, Szabo, Antonopolous, Keiser, this has been coming for 200 years. TPTB knew this back in 1895 when they had one of the first international banker confabs of this modern era to try and plan their exit strategy, which the first step was starting war with Germany, the most capitalist free market nation in the world at the time, and they still couldn't squash it with one war so they did it again. And the EU has been nothing less than an attempt to suppress the spread of the ideas of freedom and free markets, look how much they have been punishing germans for their dirty capitalism! Their industrial base is collapsing under the weight of ESG hooey, and the pushback is getting louder and louder each time the people catch their breath after they punch at them.
It is sheer grace that this winter has been so mild giving them enough time to restock their fuel supply so at least the people aren't freezing to death in their houses.
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17 sats \ 0 replies \ @TomK OP 25 Jan 2023
Top comment, thank You, mate! Especially Your remarks concerning our beloved commie EU. This construct will blow up the hard way, too.
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0 sats \ 0 replies \ @Lumor 25 Jan 2023
Interesting regarding borders closing before a war/reset. Do you have any links to where one can read about that on past occasions?
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0 sats \ 0 replies \ @01xCc 25 Jan 2023
если поднять стоимость биткоина на 100% сейчас то выгоднее будет майнить чем делать пушки и танки)) если их интересует прибыль то так и случиться а если интересует война то это будет жарко...намекаю...понимаешь?
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