History repeats itself! As this beautiful museum piece of war bonds of the past shows, at the end of a long credit cycle, states will always tend to finance their warlike actions with the morally enforced money of their citizens. In the European Union, too, we see the tendency to introduce war bonds, which would then of course be converted into so-called Eurobonds. It is therefore important to ensure that we remain financially sovereign and do not allow ourselves to be seduced into stupid financial actions by morally sour state propaganda!
152 sats \ 1 reply \ @StillStackinAfterAllTheseYears 23 Apr
I was a huge comic fan growing up, and used to see stuff like this in 1940s era books all the time:
https://i.imgur.com/ywjjWed.png
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21 sats \ 0 replies \ @john_doe 23 Apr
Interesting drawing. Recently I watched The Best Years of Our Lives, and I heard for the first time terms like "Japs" and some other wordings to describe the war in Okinawa.
There was also a small altercation scene between a pacifist and a veteran. It's always interesting to see propaganda from both sides.
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63 sats \ 4 replies \ @Scoresby 23 Apr
https://bitcoinscoresby.com/wp-content/uploads/2024/04/Beat-back-the-WEF-Small.png
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42 sats \ 1 reply \ @Lumor 23 Apr
BTC - War bonds of the contrarians.
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38 sats \ 0 replies \ @TomK OP 23 Apr
Wow. That's really a good one!!!
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21 sats \ 1 reply \ @john_doe 23 Apr
Nice one! Was it AI-generated ? If yes may I know if you used Dalle?
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21 sats \ 0 replies \ @Scoresby 23 Apr
No ai, I make them myself.
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62 sats \ 1 reply \ @justanumber 23 Apr freebie
Wow! that is a fine piece of propaganda. Thanks for sharing.
"Hold them because, even though the war is over, it's not yet been paid for" 🤣🤣
Also love that they call them Liberty bonds 🤣🤣 They always say the opposite to what they actually mean. There is no liberty in that, it's all slavery.
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0 sats \ 0 replies \ @TomK OP 23 Apr
De nada
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47 sats \ 11 replies \ @Satosora 23 Apr
War bonds.
Also the draft.
Being forced to fight americas war on a shit wage.
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10 sats \ 10 replies \ @TomK OP 23 Apr
Thanks to my spanish girl I am talking spanish. That opens a lot of doors to leave
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42 sats \ 9 replies \ @justanumber 23 Apr
Paraguay? no tax on overseas income, 10% on any local income, unlike spain with up 73% tax apparently
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21 sats \ 8 replies \ @TomK OP 23 Apr
And a large german community to get my 'Bratwurst'
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42 sats \ 7 replies \ @justanumber 23 Apr
yeah there's loads of Germans there apparently :)
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0 sats \ 6 replies \ @TomK OP 23 Apr
I'll go to the North Pole
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42 sats \ 5 replies \ @justanumber 23 Apr
hahaha why? Too cold for me! 🥶
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22 sats \ 4 replies \ @TomK OP 23 Apr
Too many germans. Did You see the idiot president in Turkey with the Döner? If not, do not look for it, please
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77 sats \ 6 replies \ @halalmoney 23 Apr
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Ernest Hemingway
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52 sats \ 1 reply \ @machuPikacchu 23 Apr
I've read lots of Hemingway and never ran across this. Thanks for sharing! It's been almost a century since he wrote that and it rings just as true to this day.
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0 sats \ 0 replies \ @TomK OP 23 Apr
Never drink what Hem drank!
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21 sats \ 2 replies \ @Bell_curve 23 Apr freebie
Date of quote?
My guess is during or immediately after WW1
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31 sats \ 1 reply \ @Signal312 23 Apr
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
—Ernest Hemingway, “Notes on the Next War: A Serious Topical Letter,” Esquire, Sept. 1935.
(I found this info here: https://harpers.org/2007/09/hemingway-on-the-politics-of-war/)
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21 sats \ 0 replies \ @Bell_curve 23 Apr
Nice find
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0 sats \ 0 replies \ @TomK OP 23 Apr
Earny knew what he was talking about!
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52 sats \ 1 reply \ @tomlaies 23 Apr
War time policy really has a tendency to stay permanent.
German special taxes on sparkly wines to pay for the emperors navy. It's been a century, why do I pay Schaumweinsteuer? Because it never was only a temporary deal.
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10 sats \ 0 replies \ @TomK OP 23 Apr
And now the co2 stupidity...
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52 sats \ 2 replies \ @Fabs 23 Apr
"Be a patriot" and give us your money! 🤠
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46 sats \ 0 replies \ @tomlaies 23 Apr
War bonds are voluntary. "Be a patriot" is psychological pressure. The real "last resort" is what comes after that: forced draft, forced taxes - in extreme cases fake unwithdrawable currency like in the 3rd reich. It can get worse.
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0 sats \ 0 replies \ @freebookspls 24 Apr
Winning a war can be expensive, but losing a war is devastating. The money of a country that just lost a war is worth nothing.
Not only that, after the war its population is subject to the will of powers that still hate them and dont have their best onterest in mind.
Germans to this day cant organize, cant study or discuss their own history, they cant even depict some symbols in art and games or they can face jail time.
I'm not defending the nazi regime, just using Germany as an example that losing a war can have consequences far worse than just losing money.
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42 sats \ 2 replies \ @justanumber 25 Apr
This article here mentions defence bonds:
"On Thursday leaders will discuss the idea of defence bonds, which have been floated by some, including the French president, Emmanuel Macron, as a means of funding an increase in defence investment"
https://www.theguardian.com/world/2024/mar/21/eu-leaders-urged-to-put-economies-on-war-footing-at-ukraine-negotiations
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21 sats \ 1 reply \ @TomK OP 25 Apr
I have been writing about this for years and have so far been ridiculed as a conspiracy theorist
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42 sats \ 0 replies \ @justanumber 25 Apr
I can imagine! My take is, there comes a time when you have to stop warning others who don't listen and save yourself. I've been warning parents of older teens and young adults to look at 2nd/3rd (4th even) residency options in case they need to get their young people out but they treat me like I worry to much and "it'll be fine".
The powers that shouldn't be are telling us we are no longer on the post war era, we are the pre-war era. They are now using terminology like "war-footing". If people don't want to listen then that's on them.
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42 sats \ 0 replies \ @BitcoinIsTheFuture 24 Apr
question everything until it makes sense. 5 whys
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42 sats \ 0 replies \ @Hamstr 23 Apr
hold you gov't securities--- so the bankers can sell it back to you lower.
Awesome plan.
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42 sats \ 1 reply \ @halalmoney 23 Apr
No, we should ditch Bitcoin and buy ‘distressed securities’:
——
Marks’ own firm, Oaktree Capital Management, specializes in investments in distressed securities.
“When you talk about rates being higher than they have been for the previous 14 years, that’s an advantage that we enjoy today. Investors in sub-investment-grade credit instruments — high yield bonds, senior loans, mezzanine finance, etc. — today can get interest rates that approach or exceed the historic average return on equities, which is about 10%,” Marks said.
“And I think the ability to get equity-type returns from investments that offer contractual returns in that vicinity is a tremendous advantage that we did not enjoy for that whole low rate period. So, you know, we’re very excited about the future for the things we do.”
https://www.cnbc.com/2024/04/23/market-veteran-howard-marks-says-fed-is-not-going-back-to-ultra-low-rates.html
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0 sats \ 0 replies \ @TomK OP 23 Apr
Hahahahaha
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42 sats \ 0 replies \ @riberet19 23 Apr
As the saying goes in my country, history doesn't repeat itself, but it rhymes!
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42 sats \ 1 reply \ @john_doe 23 Apr
Take back your Liberty, hold your Euros and sell your bitcoins, do it for Your Chancellor and for our kids in Ukraine!
It's always interesting to see how historically propaganda was led, thank you for sharing.
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20 sats \ 0 replies \ @TomK OP 23 Apr
De nada
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42 sats \ 0 replies \ @TNStacker 23 Apr
Think they can sell war bonds in this era? There would have to offer some serious rates. Thing is they no longer have to. They just print and spend, regardless of party.
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42 sats \ 0 replies \ @mf 23 Apr
These old farts can't learn any new tricks. I suspect that's one of the big reasons why they tend to destroy whatever was left from the previous era, including history.
Bitcoin or slavery.
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21 sats \ 0 replies \ @jk_14 23 Apr freebie
something interesting then, Julian Tuwim, 1929:
https://paczemoj.blogspot.com/2011/12/to-simple-man.html
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