Do they realise how bad of an idea this is?

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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