Ghost of Truth

EU Investment Fund: The March into…

Ghost of Truth — Thu, 13 Mar 2025 12:57:19 GMT

EU Investment Fund: The March into Socialism

Totalitarianism is characterized by the elimination of individual freedoms and the growth of the state into an entity with virtually unlimited internal power. The European Union’s plan to secure the financing of its expanding central state and arms sector by tapping into citizens’ savings unequivocally points in this direction.

It was just a year ago when former European Central Bank President Mario Draghi presented an investment plan intended to steer the EU—a ship languishing in the stagnant waters of recession—back onto the high seas. The Italian proposed a hefty 800 billion euros, which the Brussels central body would take control of to escape the productivity and growth trap through investments in Europe’s ailing infrastructure, technology hubs, and energy grid. This immense sum was to be managed through the EU’s established investment arms: the European Investment Bank, cohesion funds, and national and regional dependencies like Germany’s Kreditanstalt für Wiederaufbau. As has often been the case in the past, a cloak of silence fell over Draghi’s latest attempt at a centralized breakthrough, and his polished “Whatever it Takes” vanished amid the media waves of the Ukraine war, Russia sanctions, and sanctimonious Trump-bashing, relegated to the drawers of Brussels’ thousand-layered bureaucracy.

Now, ironically, it is Germany—the fiscal taskmaster that, during the recent debt crisis, ruthlessly drilled its southern European partners, particularly Greece, into submission with its austerity whip, driving them to despair and thrift—that has dusted off Draghi’s plan and brought it back to the table. Though the focus has shifted—now centered on Germany’s rearmament in the face of Putin-mania and the buildup of a European arms sector—the principle remains unchanged: the central state entity secures financing through new debt, stimulates aggregate demand, and leads the old continent to an Eden of growth and gleaming prosperity. So goes the theory. In practice, of course, things look very different, veering miles away from the bureaucrats’ sunny boulevard into the swampy forests of rising national debt and the progressive crowding out of the private sector. This state gigantomania threatens to drain liquidity from the free capital market and drive up interest rates—a trend already materializing in the sell-off of European government bonds in the days following the debt program’s announcement. German 10-year bonds shot up by 40 basis points within two days, setting the tone. The market appears saturated, and Europeans are finding it increasingly difficult to place new debt.

At this moment of geopolitical shift, as the Americans gradually withdraw from European affairs like the Ukraine war, creativity is required when economic options run dry. And they are creative in Brussels when it comes to geopolitical power plays and expanding the EU’s debt scheme. After all, the goal is not just to roll over the enormous existing debts of the Union’s member states, regions, municipalities, social security systems, and state funds into the future. The growing central apparatus in Brussels, fueled by the long-discredited Keynesian thesis of economic policy and the necessity of state intervention, is increasingly absorbing the productive forces of the private sector. We currently stand at the end of a decade in the EU with no significant productivity growth—an abysmal report card for EU economic policy in light of technological progress. Grade: F! The European economy, burdened by bureaucracy and regulation, can no longer translate the macro-impulses of robotics or AI into business models or align economic processes with international standards. Here’s a figure: last year, the German economy lost 136 billion euros in direct investments, much of which left the Eurozone. Once invested elsewhere, that capital won’t return anytime soon.

Back to the creative masterpiece of the Euro-acrobats in Brussels, who have long been racking their brains over how to finance their Brussels behemoth in the future. Citizens’ cash assets are to be the solution, says Ursula von der Leyen, President of the European Commission. Trillions of euros are lying unused and idle in European citizens’ accounts, and these must now be activated, according to the CDU politician. Respect for individual autonomy and sovereignty? Nowhere to be found! The EU is ruled by collective coercion, a naive belief in the omnipotence of state regulators, and a firm resolve to transfer private capital formation—soon with digital central bank money—into the hands of the state. The initiators of this assault on our sovereignty estimate the total volume of European cash deposits at 10 trillion euros—a hefty sum to underpin a potential new investment fund with the necessary collateral and stabilize it with the creditworthiness of European taxpayers. Leading the charge and legally responsible would be the European Commission (surprise, surprise), which, if this audacious stunt succeeds, would gain an enormous boost in power. Simultaneously, the long-delayed Capital Markets Union is set to be implemented, which, alongside deeper harmonization of the European banking sector, would primarily regulate the preparatory legal steps for joint debt issuance. Because that was the goal from the start: the establishment of a European Debt Union, leveraging Germany’s still-solid credit rating to refinance and expand the EU project. The American withdrawal comes at just the right time, providing the argumentative framework to hollow out the Maastricht criteria, which until now precluded collective debt. Times have changed!

Active management is expected to be entrusted to the European Investment Bank—an institution with extensive experience in centrally controlled fund distribution within the EU. It serves as both the Brussels central planners’ “watering can” and is ready to step into the game. Cash deposits, low-interest money market products, or pension fund assets are to be tapped. The plan is to lure citizens with a savings scheme offering interest and a fixed return promise. Once the fund is filled, it will serve as the basis for bond issuances, providing valuable leverage for the initial capital. The European Central Bank would then have the honorable task of keeping these bonds liquid—a fate likely similar to that of the EU’s “SURE” bonds introduced during the COVID lockdowns. These first-of-their-kind joint debt securities are trading stably at 40 percent below par, with no volume—the market says “Nyet” to this kind of debt acceleration. At the core of the investments is the financing of military technology—drones, tanks, cybersecurity—and the buildup of the general production infrastructure for a European military sector.

This, then, is the path Brussels is now taking. Naturally, small and medium-sized enterprises are not to be left out of this investment offensive, according to Brussels. Of course not—after all, it’s precisely these small businesses that dominate the arms sector. How do we know? From the American military-industrial complex, which serves as a model for Europeans and is dominated by classic mid-sized firms like Lockheed Martin or RTX.

#eu #ecb #europe #socialism #trump #usa #bitcoin #nostr #grownostr

Germany Votes For Europe's Decline…

Ghost of Truth — Mon, 24 Feb 2025 07:57:27 GMT

Germany Votes For Europe's Decline - A Comment

This time the mainstream was right: the forecasts for the German federal elections had already indicated that the only real opposition party, the Alternative for Germany (AfD), which was carefully isolated with a cordon sanitaire by the bloc of green socialist unity parties of the Davos mindset, could not make it to a relevant size in the German Bundestag. They have not even cleared the 25% hurdle that would be necessary to initiate committees of inquiry into the various ethical fault lines of the political power circle.

Four out of five Germans have voted for the continuation of Merkel's policy of open borders, growing Islamization, vulgarization of education policy, the overgrowth of inner cities in Germany, increasing regulation of the economy and thus the creeping but slowly accelerating death of the German economy and culture.

They have also, and now it is becoming European, chosen to continue with the Ukraine policy, i.e. they have supported the push by European politicians to build up their own war economy at a time when the Americans are retreating economically from the battlefield and, generally speaking, are returning to a policy of rationality. They have sorted out the infantile climate narrative as the last of the Mohicans, further fueling the zero interest rate policy of the European Central Bank's monetary policy and keeping the gigantic subsidy machine in Brussels running hot, which makes productivity and the efficient allocation of capital in Europe even more impossible. The Germans have earned their right to continue in this way by turning their backs on reality and refusing to recognize that they are geopolitically, economically and culturally isolated and will no longer play the violin in this orchestra of power in which the USA, China and Russia are now rewriting the score - power is moving from the Old Continent to the Pacific, and Europe is powerless in the face of this.

The new Chancellor of Merkel's CDU party, Friedrich Merz, an economics expert proclaimed by the media and pre-selected by the power machine, will forge a green socialist coalition that will consistently continue Germany's crash course with reality. We can already see the consequences of this catastrophe in the German labor market, which shed 200,000 jobs in January alone, in productivity, which has not changed for a decade, while in America, for example, the business cycle is picking up again, Germany is acting like the sinking lead for the European economy.

We can now expect a further centralization of the energy sector, a consistent policy against the interests of Germany's core industries, such as the automotive industry, with gigantic subsidies for wind turbines in forests, with nonsensical projects that destroy the cultural landscape of wind turbines and solar areas. The psychological warfare of the Davos clique continues, the demoralization through an aesthetic architecture of horror will continue to accelerate.

What could happen now? The Europeans will do everything in their power to completely eliminate the Maastricht criteria, to force Community financing through war bonds and to consolidate further political powers in their global government in Brussels. At the same time, an attempt is being made to consolidate the gigantic national debts of the European states of the EU under the umbrella of the European Central Bank in order to gain time to cover new collateral with new credit and drive forward the centralization of the economy.

The Germans have voted to impose the disaster that they feel and see in their own wallets in their own inner cities, they have now elected a new government that will certainly not survive the next legislative period, no matter what colorful offsets of incompetence and compliance they form their new coalition from. The lost Ukraine war will lead to the next government crisis, then there will be another election, then we will see whether the AFD gains further strength and the Germans may come to the realization that this path is a dead end. For now, however, things will continue to go downhill, with more lost years being written into the balance sheet.

#germany #germanelections #eu #merz #wef #socialism #climatescam #nostr #grownostr #geopolitics #bitcoin #plebchain

Moment Of Reality: Tariff War Reaches…

Ghost of Truth — Mon, 03 Feb 2025 08:14:41 GMT

Moment Of Reality: Tariff War Reaches European Union

The US tariff war against the European Union officially begins today. The Americans' aim should be to reduce the trade deficit and at the same time attract industry and rebuild the sector in the United States. What is the biggest lever that the Americans have? Of course, the core of the European economy, German industry. Due to its ideological furor in recent years, it has already damaged itself to such an extent through the climate packages, the withdrawal from nuclear energy, the eternal attacks on Germany's and Europe's key industry, the automotive industry, that it basically stands like a castle with open gates through which the battering ram of tariffs simply has to pass.

It is actually the biggest lever the US can use at this moment to bring about success very quickly, as large sections of the business community, especially in Germany, are more than willing to leave. Too deeply frightened by a policy that is no longer capable of reform, blindly following an attempt to keep a Keynesian model alive with the help of the climate narrative, which has long since been destroyed after American investors left the ESG sector in droves.

The policy driven by reason should now do everything in its power to deregulate and return to a market economy. An agreement with Russia should be reached as quickly as possible in order to regain control of the exploding energy prices (Europe is energy-poor), reduce taxes and cut the sprawling welfare state. But none of this will happen, because it would mean dismantling the power apparatus in Brussels, which thrives on spreading its subsidy machine across the continent like an octopus, relying on the economic potential of the private sector, which it systematically sucks dry. In this way, the parasite is destroying the host body, which is clearly visible in the falling productivity development throughout Europe - it is a death spiral that has been set in motion here and which is seemingly unstoppable.

European citizens are facing difficult times, but it is their responsibility to pull the emergency brake and return to a policy of common sense and force their representatives to do so. A general strike, a business strike or the systematic demonetization of the state apparatus could be the first steps. But something has to happen now, now at the latest.

#europe #eu #wef #bitcoin #freedom #socialism #nostr #grownostr #plebchain #trump #tradewar

Europe: The Collapsing Machine Shows Teeth

Ghost of Truth — Sat, 01 Feb 2025 14:56:03 GMT

Europe: The Collapsing Machine Shows Teeth

Collapsing bodies of power, whose principle is a centralist and exclusionary one, have one thing in common: in their final phase they tend towards massive oppressive politics. We have already seen the attempt of the good old 'divide et impera' by the left power machine in the forms of the cultural Marxist attack, in ESG politics or in the form of 'DEI'.

Now we are witnessing the next wave of attack, carried out by parasites like Toni Blair, representing the European power body London, Brussels, Davos, pushing for the implementation of drastic control mechanisms, like digital IDs. The final phase of such regimes depends on the technological level of its time and the culture in which it is applied. In my opinion, the war is already lost for these people, but these vandals will take down with them what they can get their hands on in their decay.

This also implies far-reaching encroachments on private property. The economic compass in Europe is already pointing south and will increase the pressure on the regime when the money in the social coffers, the resources to lethargize the masses, runs out. It cannot be said clearly enough: it is time to prepare economically, mentally and physically for difficult times ahead. Prepare yourselves, Europeans!

#eu #europe #wef #socialism #climatescam #bitcoin #nostr #grownostr #plebchain #digitalID

Etatism: Self-generated Entropy Will Bring…

Ghost of Truth — Sun, 26 Jan 2025 19:27:40 GMT

Etatism: Self-generated Entropy Will Bring Down The Leviathan

Human economic activity is primarily aimed at eliminating or handling the scarcity of resources. At its root is a dramatic psychodynamic process, a desire to reduce volatility and uncertainty, a rebellion against our 'human condition'. This Camusian revolt is intrinsic to us, it makes us forced and active participants in the evolutionary process.

To this end, we optimize our processes on free markets without coercion in accordance with our own objectives in order to reduce the fog of uncertainty as far as possible by collectively anticipating the future. Just think of the pioneering invention of insurance systems or futures markets! In this way, we collectively increase prosperity, welfare, our sense of security and at the same time our social and intergenerational ties on the basis of individual decisions. We are trying to control time and space by implementing these first principles of reason and work.

The state, the coercive monopolist in the postmodern age, reduces our potential to fulfill these processes optimally with each individual intervention in their complexity. The caste that dominates it has developed a business model of disrupting collective action in the space of freedom in order to offer solutions that the collective has to pay for in order to keep the damage this intervention has caused (allocation and the information problem) under control.

The state operates like a protection racketeer, initially causing considerable damage to those it 'protects'. The entire modern welfare system works according to this principle: compulsory taxes are increased to such an extent that economic activities are more profitable for many people, small businesses go out of business and the herd of those dependent on the state continues to grow. The more energy this bureaucratic complex draws from the free market system, the greater the danger of a sudden increase in entropy and volatility when the giant collapses under its weight. And the monster is eating its and our lunch faster by the day...

#socialism #postmodern #mises #bitcoin #freedom #freemarket #communism #eu #nostr

The speeches by Trump and Milei…

Ghost of Truth — Sat, 25 Jan 2025 16:52:10 GMT

The speeches by Trump and Milei in Davos have shown that the globalists are slowly coming to an end and losing their power. The crisis in some EU states is proof of this. But they will not go down in history without greater vandalism! #wef #davos #climatescam #socialism #nostr