Bloomberg points out in an article that the worst-case scenario for the ECB could be that it is forced to cut interest rates for economic reasons before the federal reserve. In my opinion, there is also the danger that Japan will allow its interest rates to rise, which could further increase the pressure on capital flows. The fact is, as Christin Lagarde, President of the ECB, said recently, that the eurozone has already lost 250 billion euros of capital abroad in the past year. If the interest rate delta continues to open up, the fun will be over for good. In my opinion, we will therefore see further measures to prevent so-called capital flight in the eurozone this year. The bloc is no longer in a position to implement market reforms and appear more attractive to mobile capital. Dark clouds are gathering over the eurozone's little regulatory and climate savior paradise!
Why to think about Eurozone, ECB, Japan, Federal Reserve, US, India, China, interest rates, capita flws etc. when we can bypass all these with Bitcoin. Wouldn't that be a leap towards global decentralized economy?
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yes, we are witnessing the geopolitical war that is being fought via the central banks. for us, this can only mean converting free money into bitcoin immediately. and that is clearly an investment recommendation
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I am shorting this shit. Buy Bitcoin!🤙
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Lol
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And it's gonna get worse with capital leaving to buy US based bitcoin ETFs and tech stocks. Meanwhile, we'll keep seeing regulations and EU think tanks philosophizing about AI, robots and blockchain.
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You can see how far the Europeans are lagging behind every day in the trading of Bitcoin. it's really dead in the water. Europe is an absolute no-man's land with no adaptation and no interest. Middle Ages
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The bloc is no longer in a position to implement market reforms and appear more attractive to mobile capital.
That's interesting. Can you elaborate on the point?
I know it's highly unlikely, but if the EU suddenly abolished all of it's onerous economic restrictions, why wouldn't capital flow back in?
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this will also happen in the distant future. until then, however, the further expanding structures of the european union, the european central bank, the commission and the davos climate program will be so strong that they will continue to squeeze out the private sector. we are currently experiencing a wave of new regulations, new taxation and new market intervention. it is all going in this direction
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Ok, so the point is that market reforms are politically infeasible.
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Exactly
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