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. →

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