Do they realise how bad of an idea this is?

Do they realise how bad of an idea this is?

Euro swap lines. 👀
"we need to make their financial stress our asset"
Nothing could possibly go wrong with that incentive structure /s
These morons will blow more financial air into the bubble.
Isabel Schnabel is totally incompetent. She’s saying that the value of the German Target2-Salden is zero!!!!
Target2 is what other EU countries have borrowed from Germany 🇩🇪, but rest assured Germany 🇩🇪 will never get those 1200 bn Euros back, cause that would blow up the Eurozone already. It’s a fiscal union through the back door…
Just sickening
Now they do the same with EU money to the world to keep the Ponzi going 🤮🤮🤮
Holding real global assets like #bitcoin is the only protection
Buckle up
They need to export euro inflation! lol