RIP Germany

[Anonymous No.51587641]

Yield Curve Control is coming
brace for impact
doomloop activate
BTC/EUR target: infinity

[Anonymous No.51587672]

How high does pic related have to go to until everything breaks?
Will the ECB just keep dumping german bonds to stop this?

[Anonymous No.51587699]

this is a nothing burger

[Anonymous No.51587719]

>>51587699
man europoors seem to be in a deep denial stage today, this is coming from a europoor

[Anonymous No.51587727]

explain it to me like im 5

[Anonymous No.51587778]

>>51587641
Proud of my country

[Anonymous No.51587795]

>>51587641
german here, I convert 65% of my euro income to BTC/ETH each month. Here crypto gaisn are tax free after 12 months and by 2025 I will move to a nice warm country. I just need to survive until then.

[Anonymous No.51588044]

>>51587719
i'm also yuropoor
at this point i think we are being raided by some eu commission sponsored group or it's complete delusion
i mean numbers don't lie, it's either denial or psyop
>>51587727
1) issuing bonds is how govs are paying for all retarded public expenses
2) the market wants to price gov bonds at a higher rate than ECB wants
3) ECB intervenes and buy those bonds (they can't do it directly, on primary markets, cause it's not allowed by mandate, but they do it on secondary markets by giving a risk free cut to giant banking groups to do it for them)
ECB does it with PSPP, PEPP and TPI (search those terms)
4) bond prices constantly and artificially distorted and pushed down (yield curve control)
5) bonds now are even less interesting since they guarantee you a net loss if you factor inflation (bonds have yield too low to keep up with inflation)
6) hey cannot raise rates to a level higher than inflation cause it would mean bankrupting EU countries that will be unable to borrow from anybody else than ECB
7) if ECB is the only borrower, then their balance sheet will explode, currency will be debased, inflation will skyrocket and there will be a complete loss of trust in the currency
8) FIAT currencies are backed by nothing and ECB policies are retarded, so there is very little chance (zero) of survival for Euro

[Anonymous No.51588244]

>>51588044
>so there is very little chance (zero) of survival for Euro
I'm glad this is happening, free floating currencies are better for european economies, the pros outweigh the tiny inconveniences imo

[Anonymous No.51588339]

german here
im leaving this shithole next year for greener pastures (florida)
I refuse to ever be locked in my house again over a flu. and I refuse to pay taxes for this corrupt shithole.
>inb4 america is a corrupt shithole too
my US coworkers were going to disneyland while in krautland we had police checkpoints making sure you dont break the curefew. Im done with this country. good luck to all my krautbros, youll need it

[Anonymous No.51588428]

>>51588339
you're making a mistake and missing out on history in real time this winter. Stay and fight with us fren.

[Anonymous No.51588431]

>>51588244
>free floating currencies are better for european economies
going back to the german mark or italian lira wouldn't solve any structural problem tho
the only advantage would be for sane and economically sound countries not being dragged down by retarded ones
Euro is a monetary cage where the only incentive is to spend the most money you can since ECB will do everything to save their asses
but still, issuing a new national FIAT currency will have the same sad outcome over and over, cause debt based monetary system always, slowly but surely, collapse to zero
BTC is a lot more volatile, but on the other hand since government cannot print it and politicians cannot promise *free* things by just debasing the currency, there is a bigger incentive to make sound policies and not just print money out of thin air

[Anonymous No.51588494]

>>51588431
>BTC is a lot more volatile, but on the other hand since government cannot print it and politicians cannot promise *free* things by just debasing the currency, there is a bigger incentive to make sound policies and not just print money out of thin air
Agreed, we need sound money but that goes against too many vested interests (mainly, wealth extraction from the middle class).
I agree that individual fiat currencies are better than the Euro but still shit as they're still debt based and therefor trend to 0 (like you said)

[Anonymous No.51588520]

>>51588428
>Stay and fight with us fren
lol no
moved fiscal residency to dubai and living in the philippines
your energy bill is my entire monthly expenses
and i pay zero taxes
get rekt, enjoy getting raped by soviet bureaucrats, turks and niggers
https://youtube.com/shorts/sLa_QiWulPE

[Anonymous No.51588537]

>>51588044
very good summary anon

I just didn't expect it to happen so soon but here we are

[Anonymous No.51588583]

>>51588428
are you even allowed to carry guns in Germany? What chance do you even think you have man

[Anonymous No.51588603]

>>51588520

[Anonymous No.51588689]

>>51587641
lets think this through

1) yields for newly issued bonds are way higher than ECB intrest rate (1,25% currently)
meaning a slowly increased cost of debt for euro countries
2) pressure on the ECB - will they keep interest low and accept a horrible inflation. we are already double digit
3) ECB will most likely accept higher inflation rate, letting some country go bust is no choice
4) the euro will be the new lira. a soft, high inflation currency. Euros are FUCKED

what can be done to derisk?
longing dollar, even at those rates is a long term strategy, longing gold long term.

how could this crisis be averted? i really dont see any way, except some miricale in that inflation suddenly goes below 2% within the next 6-9 months.

[Anonymous No.51588728]

>>51588689
WW3 or something alike unironically, they always make up some bullshit event to cover up their shitshow

[Anonymous No.51588899]

>>51588520
>https://youtube.com/shorts/sLa_QiWulPE
this is the most disturbing shit Ive ever seen in my life
I had to turn the sound off and close it, I couldnt watch it

[Anonymous No.51588904]

>>51588689
>what can be done to derisk?
like...get the fuck out asap?
first of all, watch it burn from the outside
there are better places where you can earn and live more comfortably for the same efforts
second, market is (still) pricing BTC as a "risk on", but:
1) i don't want any single counterparty risk in this historical moment, and BTC is great for that
2) the market is not pricing in a major and widespread global currency collapse
EUR, GBP, YEN, are all fucked (and there are plenty of currencies doing a lot worse than those)
so i stay 100% in BTC and keep my mind busy with other things i like doing
since life in SEA is cheap, i'm not even employed right now, just refreshing some cryptography and coding a small wallet for some embedded device, spending a lot of time with my wife and my kids, etc.
even if BTC crashes at 10k, my stack is still retirement money, so...

[Anonymous No.51589103]

>>51588899
Oh there is more
https://youtu.be/CDT1lsaxOQo

[Anonymous No.51589232]

>>51589103
>>51588520
Jesus Christ this is disturbing.
Not as bad as Urusla demonstrating the proper handwashing technique while she hums Beethoven, but its up there...
do they replace all these politicians with clones once they enter the EU parliament or something? Von der Leyen was a hilariously incompetent fuckup, but since she became head of the EU shes turned into some Dr. Evil type it really gives me the creeps.

[Anonymous No.51589282]

>>51588904
BTC is a risk on asset and BTC suffers from the ongoing and forthcoming liquidity squeeze. on two fronts, higher interest rates and QT. in an environment where liquidity is tight I dont see BTC making sustainable increases. EXCEPT there is no intriguing narrative which may give some fresh life to BTC.

the fed expects rate to be at 4.5% at the end of 2023 - yes 23 not 22. I dont think we will be looking at a new bull market for the next 3-5 years.
printer goes brr will not safe us this time, 0-1% fed fund rate will not be there to safe us like the past 5-7 years

[Anonymous No.51589320]

>>51589232
1:30
https://youtu.be/xmDJAwAy0fM

[Anonymous No.51589430]

>>51589282
anon, higher interest rates are not sustainable for the dollar either. Watch the 10Y yield...
>liquidity squeeze/QT
That is what's been happening the past year, you are basing your decision on news that started a year ago. THEN was the time to position yourself for what you are spouting, but wake up and get ready for the new narrative.

[Anonymous No.51589453]

>>51589282
>the fed expects
stop one moment right there
go read what fed was saying in 2019 about 2020, or in 2020 about 2021, or in 2021 about 2022
it’s show business
next FED president will be an actor
We don’t know exactly what the FED is going to do after mid terms elections, but my guess is end of rate hikes and stop giving a fuck about inflation

[Anonymous No.51589508]

>>51588044
> FIAT currencies are backed by nothing and ECB policies are retarded, so there is very little chance (zero) of survival for Euro

What about the national currencies of EU member states like Poland, Hungary, Bulgaria, etc. ?

[Anonymous No.51589552]

>>51589453
>next FED president will be an actor
kek, they all are
Jerome is doing an excellent job at portraying tormented man trying to do the right thing, he must have received excellent lessons when he was young

[Anonymous No.51589677]

>>51589508
I don’t know a lot about these countries desu, but in FIAT world you are always one socialist politician away from collapse

[Anonymous No.51589788]

>>51588339
America is gonna be Brazil in ten years

[Anonymous No.51589811]

>>51587641
ETH target 43k eoy 2023

[Anonymous No.51589832]

>>51588904


Lmao, nice try

[Anonymous No.51589977]

>>51589832
close enough
but still better than wageslaving in germany to afford a shower once a week

[Anonymous No.51590528]

>>51588583
>And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?

[Anonymous No.51590580]

Ich möchte diesen Teppich nicht kaufen.

[Anonymous No.51590669]

>>51590528
history repeats anon
you think it will be different this time?

[Anonymous No.51591038]

>Germany joins the PIGS
Guess it's the PIGGS now lmao. Karma for how much German wageslaves criticise medchads for working smarter rather than harder.

[Anonymous No.51591091]

>>51590528
Show your full auto crossbow ready to go, fantasizer.

[Anonymous No.51591215]

>>51589508
Bulgaria's leva is pegged to Euro so they are fucked. Other countries will devalue their currency and will be fine. They are as overborowed/l veraged as the PIGS countries.