If You want to know how the euromechanism works at a political level, You need to turn Your attention now to France and the European Central Bank. On the day of the european elections, when it was clear that the davos globalist Macron would lose and that re-elections in the french parliament were on the cards, the french sovereign debt crisis, which until then had simply not been an issue, began.

CDS prices and interest rate spreads between French and German bonds shot up, a clear sign of credit stress in the system. It was all initiated by the panic press and the European Central Bank, which have been warning about France's sovereign debt ever since, as if there were no countries in Europe with higher sovereign debt, such as Italy.

The quick conclusion: if you don't vote the way we want, we will eliminate the government you elected using the leverage of the eurozone and the credit market. That is cold blackmail!