The Euro's Race to the Bottom Accelerates As ECB Starts Buying Junk.
#ecb #fed #centralbank #currencycrisis #euro #italy #sovereigndebt #fiatcurrency #gold #silver #currencydebasement
Today I look at the ECB's announcement that they have loosened their collateral rules and that they will be printing money out of thin air to start buying corporate and most probably sovereign bonds that would normally be rated as junk in a free market.
My conclusion is that the current worldwide crisis will eclipse all the other financial crises we have witnessed since the collapse of the Bretton Woods Agreement in August of 1971. In my opinion, the current crisis will be the one that totally destroys the values of our current fiat currency system. It is not only the euro that will the victim but the dollar and all other fiat currencies too.
Clarke and Dawe - European Debt Crisis:
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
maneco64 blog: www.maneco64.net
Support the channel:
Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528
Crypto donations:
MONERO: 443HZ51ibn1MUD65R42hLNj934Cjq9oEbXaZ68UWeKdAg3qmgM6gL2qMnutYDyn8GnZEDf1yvsqkw11wXgrkm4wFDpDk58u
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
BAT Currency: Uphold a/c name maneco
Thanks again, Maneco64. I look forward to "Clarke and Dawe - European Debt Crisis." Thanks for the education everyone.
@tipu curate
Upvoted 👌 (Mana: 0/1 - need recharge?)