Change at the ECB – The Final Wakeup Call – November 20, 2019

€3 trillion of ECB currency printed

No real prosperity is created

2% per year inflation is the norm

Propping up an insolvent financial system

Globalist Lagarde will grab more political EU-power

Fiat currencies always die

(The Final Wakeup Call)

 

 

 

 

 

The ultimate scam

Since 2012, ECB president Mario Draghi has famously dubbed the euro “irreversible”; he would do whatever was necessary to preserve it. But whatever Draghi sees as necessary will eventually be seen as intolerable in creditor countries like Germany, The Netherlands, and Finland, which view the euro’s costs as greater than its benefits. In an era of one financial scam after another, central bank money printing to buy sovereign debt is perhaps the ultimate scam. They’re printing money to support the value of government paper. In one word, it is criminal. 90 of the largest European banks must refinance €5.4 trillion of their own debt over the coming months, which equals 45% of GDP, while they have not even accounted for the €1,5 – €2 trillion in sovereign debt that must be simultaneously refinanced over the same period. →

Read more via The Final Wakeup Call

The Final Wakeup Call – Inflate More – November 6, 2019

The End of Economic Expansion

In the Name of Stimulating the Economy

Every boom based on inflation, instead of real income, crashes

(The Final Wakeup Call)

Too much Easy Money

Central banks across the entire globe have announced they’ll be cutting interest rates and drowning the world in easy money. It is not just the big central banks slashing rates. Eleven emerging market central banks cut rates in September. That follows on the heels of 14 rate cuts by emerging market central banks in August. September was the eighth straight month of net cuts by emerging market bankers, according to a Reuters report. In fact, it has become a race to the bottom regarding interest rate cuts around the world. →

Read more

European Central Bank In Panic Mode as Economy Stalls — November 11, 2018

By Andrew Moran The eurozone could not borrow from the momentum of the U.S. economy in the third quarter as economic growth slumped to a tepid 0.2% , the slowest rate in more than four years. With the 19-nation currency bloc beginning to stagnate, and the heavyweights failing to post significant gains, Brussels is in…..Read more

via European Central Bank In Panic Mode as Economy Stalls —