As Europe’s economies cannot withstand a wave of subsidies and aid, such as that during the Covid 19 pandemic, which amounted to approximately 1.2 trillion euros, due to the deterioration of the fiscal position of states threatened by over-indebtedness, the priority now is – as one will see below the lines of the International Monetary …
Tag: ECB
Inflationary money from central banks will cause global shock and poverty
The Federal Reserve – and all central banks – is blamed as the main cause of inflation through its policy of “currency devaluation,” which systematically destroys the value of Americans’ savings, assets, and wages. A “political-inflationary vicious cycle” is documented, where the government prints money to finance spending, causing prices to rise, which then leads …
The ECB is secretly rescuing France, while in 2010 it threw Greece into the jaws of the markets
The European Central Bank (ECB), especially after the Greek adventure, has a long history of intervening in government bond markets in order to contain yields during periods of turmoil in the debt market. However, this is not an exercise of monetary policy but an intervention by the Brussels deep state. The most characteristic — and …
Why don’t central bankers want private money? – The stablecoins revolution
In a recent speech in Portugal, Christine Lagarde — president of the European Central Bank (ECB) — gave a stern warning about the emergence of stablecoins, stating that they could lead to the creation of “new private currencies.” These stablecoins, which are tokens (digital tokens) backed by government currencies (fiat), pose a serious threat to …
The disastrous plan for a strong euro will destroy the economy of Europe and its economically weak member countries
The European elite has recently been expressing the arrogant ambition that the euro will benefit from the decline in the dollar’s power as a reserve currency. They are selling this fairy tale, of course, to impose their suicidal geopolitical orientation against Russia, the incredible austerity that the program for the rearmament of Europe will bring, …
Risks to Europe’s financial system from Gold Derivatives
Gold derivatives are now a risk to the global financial system, the European Central Bank said in a note written by its four economists. The note, titled “What does the record price of gold tell us about risk appetite in financial markets?”, comes nearly 25 years after a GATA delegation led by President Bill Murphy …
Trade war is coming, consumer confidence is leaving – ECB survey
One doesn’t have to be a big economist to conclude that as concerns about geopolitical tensions intensify, consumer confidence is being hit harder. A striking example is what is happening in the US, where the trade war declared by Trump has dragged consumer confidence into tatters. Specifically, based on a new measurement by the University …
EU will suffer a loss of 260 billion from Trump tariffs – Markets crash from -15% to -20%
If Donald Trump follows through on his promises and imposes tariffs on European goods imported into the US, then the continent will truly be plunged into a deep recession. Donald Trump’s victory could hurt Europe’s economy, as the proposed 10% US tariffs risk hitting European exports such as cars and chemicals, eroding Europe’s GDP by …
Bets against the euro-dollar parity are increasing dangerously
Anticipation of the risk of the euro slipping against the dollar is rising in financial markets after last week’s rate cut and the scenario that a Donald Trump presidency could spark a global trade war. Days after Trump suggested that US tariffs could target Europe as well as China and other countries, European Central Bank …
ECB: Inverted Bond yield curve warns of coming pain and 2008-style recession
The possibility of a major financial crisis, similar to the one that occurred when Lehman Brothers went bankrupt in 2008, is increasing day by day. An important indicator in this regard is the inverted yield curve of US bonds, which is historically associated with recessions. As an example, it is worth noting that from the …