With its public debt ratio of 63%, Germany might still have the chance to escape the debt spiral if it were to introduce radical reforms now, such as the dismantling of its sprawling state and social system. The country would have to reduce its public spending ratio from 50% to below 30% and gradually reintroduce the rules of the free market economy. In short, it would have to radically reject Brussels' eco-socialism. It is ethically irresponsible for the Green Fritz, together with 'debt Lars', to put together a coalition of losers and now lead the country into this very debt trap. It is kowtowing to the central body in Brussels to keep the highly indebted eurozone alive with fresh credit at the expense of the Germans. #eu #merz #germany #debtcrisis

I am not a fan of Bitcoin ETFs and only recommend holding BTC in self custody and cold storage. But the fact that Blackrock earns more with its Bitcoin ETF than with its S&P ETF shows which direction institutional capital has taken. The severe shocks in the traditional financial markets the over-indebted states the uncertainty in the bond market will measure the role of Bitcoin as a credit collateral and investment form without third party risk in a way that we can hardly estimate at this moment. #bitcoin

The US dollar on a dive. The low DXY will facilitate the refinancing of the dollar-indebted world and thus stabilize the dollar. The end of the dollar as a reserve currency is not in sight. #usd