European Central Planners Lack Collateral (and brain cells)

Now, as the new German Chancellor, Friedrich Merz, announced months ago, the European central planners want to get their hands on citizens' assets.

According to the socialists in Brussels, these lie idle when economic entities decide to hold cash on a bank account. At this point it should be noted that this demonstrates a gigantic lack of knowledge of economic processes, but we already knew that.

This statement by Ursula von der Leyen about wanting to access the money, the deposits of the citizens of the eurozone, in order to once again set up a gigantic investment program by the state, is deeply revealing. All these central planners need, but hardly have, is the collateral they need for their credit mechanism. Everything that is happening with Russia must also be understood against this background. It is an attempt to get hold of the country's raw materials, energy and assets in order to continue the Keynesian credit policy, the centralized control of the continent's economy.

I have pointed out time and time again that these creatures will know no bounds when economic geopolitics are thrown at them, as the US is doing now. They will know no shame in completely plundering their citizens if it buys them time.

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