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0 sats \ 3 replies \ @Fabs 4 Mar \ parent \ on: Euro: 25 years of appreciation econ
I'm curious about your predictions: what can we expect in the coming years and the coming new decade?
i will publish an excerpt of one of my articles here later on, which deals with the erosion of the purchasing power of southern european countries in the course of the introduction of the euro. in general, i assume that the ECB, together with the european Commission, will try to introduce eurobonds as a new level of financing. we are already seeing the debate about the so-called war bonds in the wake of the hyped-up fear of Russia, which will lead to European taxpayers being held liable. without this backup, you cannot introduce a new level of debt. the debt spiral will accelerate, productivity will continue to fall, the middle class will erode. this process is accelerating and will massively accelerate the adaptation of vehicles such as Bitcoin.