The European Central Bank (ECB) has about + 3600 people working at the HQ campus in Frankfurt.
They now want 800.000.000.000€ more to fund their failed system, their failed fiat Mickey Mouse money scheme and their anti-innovation politics.
As a bitcoiner, it disgusts me to see so many people's life savings and future being destroyed by a Sovjet-like central bank system, with the added evils of more war and more debt by design.
#exitDraghi #notMyEurope
"Mario Draghi, in his report for the EU, emphasized the urgent need for Europe to enhance its technological capabilities, meet climate goals, and secure critical raw materials, describing it as "an existential challenge." He urged for a 5% GDP increase in investment—the highest in over 50 years—to transform the EU's economy to remain competitive. Draghi highlighted Europe's slower economic growth compared to the US, which jeopardizes its ability to digitalize and decarbonize swiftly. He called for a revised competition policy, more support for mergers, and consolidation in telecoms. Draghi also stressed the need for joint funding in defense R&D and a synchronized energy plan aligned with climate objectives. The report reflects growing concerns about Europe’s loss of competitiveness, mainly due to energy dependencies and lack of investment in emerging technologies. Draghi warned that without substantial reforms and unity among member states, the EU could lose its leadership in technology, climate, and global influence."