US tariffs against the EU could finally dismantle the subsidy machine

The Eurocommunists from Brussels, London and Davos could only maintain their illusionary bubble of climate change and green transformation with the cheap money of recent years, ZIRP and cheap credit in the euro-dollar market. The entire Keynesian large-scale intervention of the central planners lived from collateralizing values that would basically have no creditworthiness in a free market, such as government bonds from southern Europe.

This interventionist centralist madness has plunged Europe into an economic disaster but can now be destroyed by the customs policy of the USA. With SOFR the US capital market has been freed from Libor and the credit manipulation of the City of London, with the run-up in interest rates the Federal Reserve has played its part in damaging the money-printing machine in Europe and now an offensive customs policy by the Americans can achieve a further blow to the money machine in Europe, by reducing the inflow of US dollars from the European trade surplus with the US, which European central banks are using to buy US government bonds on an ever-increasing scale to keep the interest rate differential between the US and Europe from widening too far and triggering a capital flight.

Capital is already flowing from Europe to the US and this would be the final blow that is still missing to free Europe.

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