Individual Economists

Brussels' Internet Neo-Feudalism: Sledgehammer Or Stiletto?

Zero Hedge -

Brussels' Internet Neo-Feudalism: Sledgehammer Or Stiletto?

Submitted by Thomas Kolbe

The European Commission is relentlessly advancing its project to subjugate independent media. Beyond classic censorship, sophisticated technologies like algorithmic search control are being deployed. Alternative outlets such as Tichys Einblick are thus increasingly blocked from public reach. The republican spirit is quietly dying.

In recent months, there has been intense debate over Brussels’ dangerously anti-civilizational tendencies and its growing obsession with control. It is telling that EU Commission President Ursula von der Leyen herself has highlighted the stark contrast between the EU citizen’s impotence and a bureaucracy operating with ever fewer limits.

Currently, Brussels is pulling every lever to scrutinize private chats via invasive algorithmic mechanisms, restricting and censoring public communication across digital and social media. Meanwhile, von der Leyen has refused transparency in the Pfizer vaccine scandal.

This behavior can only be described as neo-feudal and post-Enlightenment. Where else in the world do sovereign nations allow their governments to spider-web their own repressive bureaucracies across member states—except in EU-Europe?

London as a Dark Lab 

Anyone wanting a glimpse into Brussels’ current trajectory should look to London. Since Brexit, the UK has served as a kind of laboratory for the EU’s centralizing project.

Several years ahead, Britain has enacted some of the harshest censorship laws in the (still) free world. Authorities are no longer focused on uncovering Islamist plots, dismantling rape gangs, or implementing a necessary remigration process to preserve English culture.

No—the state’s attention now targets opposition activity. Leveraging the broad definitions of “hate” and “incitement” online, thousands of law-abiding citizens have been raided and arrested simply for criticizing migration policy or urban chaos.

Under the deceptively benign Communications Act and Malicious Communications Act, the British executive now makes over 30 politically motivated arrests per day for online posts deemed offensive or threatening by authorities—a direct assault on citizen liberties in the birthplace of liberalism.

The Algo-Filter 

A similar approach is envisioned by the EU Commission and its loyal satellite capitals. It serves as the center, the guiding spirit of this policy. As political opposition rises—from Germany’s AfD to right-conservative forces in the Netherlands, Czechia, and Viktor Orbán’s Fidesz in Hungary—the narrative foundation for climate socialism and open-border policies risks dissolving in public perception.

Through ever-expanding definitions of “hate and incitement,” framed as shields to immunize social developments—Islamization, economic decline due to Brussels’ growing centralism, or urban decay—from critique, the EU attempts to crush a resurgent conservative bloc before it can form.

This tendency was already noted in February by U.S. Vice President J.D. Vance during his Munich Security Conference speech. According to Vance, the partnership with the EU is at stake if this institutionalized attack on free speech is not firmly blocked.

Enter the Stiletto

To avoid international scrutiny, Brussels also employs a second strategy: the stiletto—finer but equally effective. At the center of censorship remains Google’s dominant search algorithm, where control operates occultly, invisible to the average internet user.

Under the euphemism European Democracy Shield, a practice has emerged of monitoring online content and politically defining “disinformation” to cleanse the digital space. The EU funds allegedly independent fact-checkers who alert national authorities to supposed hate speech, triggering legal actions.

It is a malicious intimidation apparatus. Erich Mielke could not have orchestrated it better.

Submission to EU Dictates 

For Google, this architecture effectively forces submission to the EU regime: content rated positively by EU-accredited fact-checkers is prioritized, while alternative publications—like Tichys Einblick, Apollo News, NIUS, or Junge Freiheit—are algorithmically demoted. This occurs even when posts generate substantial traffic that would normally place them at the top of search results.

What happens when media discourse is pressed into a state corset? Power shifts from the sovereign to a limitless, invasive political elite that—particularly in the EU—can advance its eco-socialist project farther than ever conceivable under normal conditions.

A broadly informed, critically awake society would never have allowed entire populations to be driven into unemployment and poverty under the destructive dictates of man-made climate alarmism. Nor would open-border policies have persisted in the face of Europe’s visible Islamization, threatening social security systems and the cultural ferment of the continent.

Trump Ended the Censorship 

In the United States, this practice ended with President Donald Trump’s election. As a result, people using VPNs navigate a completely different news environment from those unaware of such manipulations.

Through this, the EU controls public discourse and seeks to reduce the spectrum of opinion into an EU-compatible monologue. It mirrors the so-called Tal der Ahnungslosen (Valley of the Clueless) during the GDR era, where people around Dresden had no access to West German TV and believed in socialism’s blessings.

If von der Leyen and her commission are not stopped in institutionalizing this regime EU-wide, freedom will vanish. Public discourse will be silenced. The iron cloak of dictatorial lethargy will descend over EU-Europe. What we observe in the UK now threatens EU citizens.

The Snake Bites Its Own Tail 

So, to answer the opening question: is the EU wielding a sledgehammer or a stiletto in its censorship campaign? Both tools are used simultaneously in the fight for interpretive dominance online. If the right-conservative opposition does not intervene in time, public debate will be brutally stifled.

New cryptographic communication methods may emerge to preserve rudimentary free speech—until Brussels’ own arrogance strangles it. The cynical consequence: people will self-censor even in private, cultivating a climate of mutual distrust. This is utterly condemnable.

Add in the digital control euro, and the picture becomes clearer. An institution that dictates both public discourse and citizen transactions is a dictatorship. In Europe, it is an eco-socialist dictatorship, economically so weak that we can hope both attacks on freedom will literally starve mid-course.

* * * 

About the author: Thomas Kolbe, born in 1978 in Neuss/ Germany, is a graduate economist. For over 25 years, he has worked as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination.

Tyler Durden Sun, 11/23/2025 - 07:00

10 Sunday Reads

The Big Picture -

Avert your eyes! My Sunday morning look at incompetence, corruption, and policy failures:

I looked into CoreWeave and the abyss gazed back: Meet the company Nvidia is propping up. (The Verge)

How billionaires took over American politics: The concentration of wealth among the richest Americans is unlike anything in history — and so is billionaires’ influence in politics. (Washington Post) see also The top 20 billionaires influencing American politics: Campaign donations from the country’s richest are soaring. But only 12 percent of the public says billionaires have a positive impact on society. (Washington Post)

Elon Musk, The World’s Most Shameless Public Figure, Does It Again: If it is a coincidence, it is an era-defining one that the president of the United States is in competition with the world’s richest person for the title of most shameless public figure. Tesla shareholders agreed this month to award the company’s chief executive, Elon Musk, an absurd $1 trillion pay package. Tesla has all the trappings of a big public corporation, but laws, corporate procedures and governance structures seem to have more often enabled rather than checked Mr. Musk, who appears to relish transcending the limits of reason and seemliness. (New York Times)

‘Nobody Listened To Me’: The Quest to Be MTG: All Marjorie Taylor Greene ever wanted was someone to pay attention to her. (Politico)

• Trump’s One Weird Trick for Eliminating Bad News: Delete It: The disappearance of inconvenient facts and the remaking of reality. (The Bulwark) see also The growing problem with China’s unreliable numbers: Beijing’s GDP figures have drawn scrutiny for years but the questions have become more acute. (Financial Times

They Don’t Understand Orwell At All: On censorship and hypocrisy. How charming it must be to invoke George Orwell while cheering the richest man on the planet as he systematically buries dissent on the platform he purchased with the explicit promise of “free speech absolutism.” How delightfully convenient to wave Nineteen Eighty-Four around like a talisman against “woke censorship” while a billionaire who wielded formal government power algorithmically suppresses people, whose crime is documenting, with receipts, exactly what they’re doing. (Notes from the Circus)

New international student enrolment drops 17% at US universities. Foreign students make up about 6% of total US enrollment and contributed $55bn (£41bn) to the economy, according to 2024 figures from the commerce department. (Yahoo) see also Under RFK Jr., CDC promotes false vaccines-autism link it once discredited: The CDC’s website now says health authorities ignored evidence of a potential connection between vaccines and autism, despite dozens of studies showing no link. (Washington Post)

• Lost Vegas: An entire city built on Human Beings’ Innumeracy – how could this possibly go wrong? (Slate)

Why Lindsey Halligan, Trump loyalist turned U.S. Attorney, is in trouble: Halligan has no experience, however, in prosecuting federal crimes. Nevertheless, on September 23, Trump appointed Halligan as interim U.S. Attorney for the Eastern District of Virginia. (Popular Information) see also The Unraveling of the Justice Department: Sixty attorneys describe a year of chaos and suspicion. By Emily Bazelon and Rachel Poser. (New York Times)

MAGA: You Are In A Propaganda-Induced Psychosis. Wake Up. The way you understand the world—built up by scrolling through TikTok, sharing Facebook posts, forwarding chain emails across retirement homes, and all the ways you build up a picture of the world in your head—you’re living in a simulation. It isn’t real. The woke mob isn’t after you. There is no deep state. Donald Trump is a crook, and deep down you know it. (Notes from the Circus)

Be sure to check out our Masters in Business interview this weekend with Morgan Housel, whose new book, “The Art of Spending Money, Simple Choices for a Richer Life” was just published. His first book, “The Psychology of Money” sold over 10 million copies.

Job growth has averaged 40k since April, all of it in healthcare. It averaged 170k a month in 2024.

Source: Dean Baker

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~~~

To learn how these reads are assembled each day, please see this.

 

The post 10 Sunday Reads appeared first on The Big Picture.

Peter Schiff: Printing Money Is Not the Cure for Cononavirus

Financial Armageddon -


Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.






Dump the Dollar before Bank Runs start in America -- Economic Collapse 2020

Financial Armageddon -












We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Hillary Clinton's Top Secret Files Revealed Here

Financial Armageddon -

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.





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