Euro: Brussels falls into the trap

Following the strategic withdrawal of the USA from Europe, the Europeans are falling into a trap and are immediately starting to prepare a massive debt-financed defense budget that will lead them down the path of common national debt within the European Union. In their stalled thinking, they do not realize that the markets are already reacting and selling off European government bonds on a massive scale, which will force the European Central Bank to adopt an interest rate control policy. Like blind chickens, they are falling right into the trap that the Americans have set for them. The euro is already history, it's a zombie that can dance a little longer.

https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5df3a60e36c719180f2cdfa5331463d2f0b6ed4b691c486baf2ddc7840b4f87f.webp

#europe #eu #usa #trump #bitcoin #news #nostr #economy #euro #ecb

Reply to this note

Please Login to reply.

Discussion

Europe is fooked

Build back better

How can we know that the markets are already selling European government bonds? Can this be seen in the chart? I'm curious about this.

Look at the yield spike today. 22 bps is huge and it means vice versa a strong selling

Ah I see. The Euro is kind of rising against the USD though, which is strange. In other words, people might be moving from bonds to defence stocks.

Which just means again that Europe has no saving basically. There's no free economy in Europe, only elites playing chess...