Eyes on the debt in the eurozone! The withdrawal of the USA from the financing of the Ukraine disaster gives the eurocommies exactly the opportunity they have been waiting for a long time to create panic, stir up fear of war and communitize the sovereign debt of the European Union. For legal reasons, this has not been possible until now, but it should now be easy to get rid of it as the mainstream press once again succeeds in manipulating public opinion.

Since the lockdown policy, the eurozone economy has been in recession only surviving through massive expansion of the state sector and credit-financed artificial demand for dubious projects such as the green transformation. And the sad attempt by German politicians to declare the planned 500 billion euros in new debt for the defense budget as a so-called special fund in order to deceive the public about the state of the state's finances is nothing but a ridiculous camouflage. We know from the history of economies that countries with a government debt ratio of over 80% can no longer escape the debt trap without default! The eurozone has long since crossed this demarcation line. Under the new Chancellor Friedrich Merz, Germany, which in the past has been fiscally very conservative, at least in comparison to its European partners, is now also falling into the well visible debt trap. At least for those of us who still have one or two functioning brain cells, this debt trap cannot be overlooked. But politicians are known to be a special breed of people with the experience and learning horizon of fruit flies.

Especially in fiat economies, war has always been the scapegoat in the past to keep the debt printer running hot. It is the fatal failure of science that throughout the 20th century and to this day it has not succeeded in exposing the Keynesian delusion of the feasible global control of complex economies for what it is: a pseudo-scientific childish belief that played into the hands of socialists and central planners.

This pseudo-academic religion, this offset of crude macroeconomic theories, gives politicians precisely the tools they need to centralize political power and influence the individual economy. The media sector is also to blame for this debacle, as Keynesianism has never had to face real criticism in the public sphere. It seems to have been almost forgotten that the centralization of decision-making processes, to the exclusion of decentralized pricing, is the decisive criterion for the failure of complex systems.

The current debates of the European Union's top politicians, which revolve exclusively around the way in which debt is accelerated and no longer around the consolidation of public finances, also shows wonderfully that the players within this stabilized argumentative matrix are no longer able to change their perspective. In short: Europe is largely incapable of reform and is intellectually blocking itself!

And the market's reaction is not long in coming: interest rates on German government bonds are already rising while inflation rates in Europe are picking up speed again, which will probably soon prompt the powerful central planners at the European Central Bank to introduce some form of yield curve control so as not to abandon the ailing public finances of the eurozone countries which is likely to pose a massive threat to the already ailing euro. Against the backdrop of the severity of the fiscal crisis, all the talk about a moderate interest rate run in the eurozone is completely self-evident. Credit must be made cheaper again in the eurozone in order to prevent the collapse of the zombie economy that has been systematically bred since the days of the last financial crisis and on which many millions of jobs depend, the social foundations of the old continent the last argumentative bastion of the central planners in Brussels and the European capitals.

The Eurozone debt crisis is entering the next round, the attempt to further escalate the war in Ukraine is being morally charged by Russia's panic in the media and over half a billion Europeans are facing an economic fiasco. And we haven't even talked about what will happen if tax revenues implode and Europe's golden calf, the various social insurance schemes, collapse underfunded. At a certain point, we enter the endgame of the Fiatponzi.