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Topic: ECB Is Now Preparing All Banks For The Economic Collapse (Read 91 times)

legendary
Activity: 2562
Merit: 1441
The UK pays billions more in tax revenue towards the european union in contrast to whatever monetary or fiscal benefits the european union provides the UK with. The EU wants the money the UK pays it to enable its mandate of empowering failed bureaucracies of nations like greece who are a drain on the EU and remain unable to address fundamental economic issues to eventually pave the way towards economic prosperity. I think the UK at this point realizes bleeding funds to prop up the dysfunctional status quos of nations with failed economies like greece isn't sustainable over the long term. How that conflict is resolved could have dire consequences for the EU and its longevity.

All other issues with high personal debt and increasing cost of living offset by stagnant wages can be traced back to overprinting of fiat currency and wealth/wage inequalities. Venezuela, turkey, argentina and similar nations are crashing their economies under a burden of fiat overprinting, which will likely lead to hyperinflation over the long term. The united states, china, european union and other nations who are overprinting fiat carry a potential to do to their own economies what venezuela has done. The potential is always there if circumstances aren't addressed.
member
Activity: 280
Merit: 10
US won't let it happen so fast and it's probably going to take years before it actually gets real.
Anyway the trade war between the US and China is only making things worse as China is going to make some sanctions against the US that will even get themself into more troubles.
The US thinks that the Chinese are playing but they soon enough will realize that they are not and it's going to come on the back of their citizens.

Exactly. I also think the US will not let this happen and if it is, it's just a light touch, not a big impact. I think so.
Business is the battlefield, the big countries often have bad impressions. For example, the United States and China have created barriers to each other, which also contribute to the global economy.
hero member
Activity: 1862
Merit: 830
Well then I think that it would effect cryptocurrencies too .. because in a way they are interlinked ..
People won't be able to buy Bitcoins through their bank accounts and I don't see any other way of buying since they are digitilized.
Pay pal and all... Maybe an option but will take time for implementation.
I think there should be a body which can literally let us buy through cash or stuff.
hero member
Activity: 1680
Merit: 655
Really? You gave us a link for a blogspot website as a source? And even if the site is unreliable I still visited it and what comes next is a link to this video a youtuber who is also an unreliable source, when you look at his channel you will see the same negative kinds of video saying the the market will be going dark, recession is coming, U.S. Is Now In The Final Stages Of Having Its Society Closed Down. You see his videos are built from negative sentiments and it is mostly opinionated he can't even mention where is he getting his sources from. I mean look at his channel all of his "news" are negative. This guy doesn't really look optimistic in anything he is bringing to his channel.
sr. member
Activity: 476
Merit: 259
US won't let it happen so fast and it's probably going to take years before it actually gets real.
Anyway the trade war between the US and China is only making things worse as China is going to make some sanctions against the US that will even get themself into more troubles.
The US thinks that the Chinese are playing but they soon enough will realize that they are not and it's going to come on the back of their citizens.
sr. member
Activity: 1372
Merit: 255
This is a horrible story. I feel so worried about the financial collapse that might happened to Canada. One of my friends is living there. Do you think Bitcoin can help to save their fiat?
legendary
Activity: 3276
Merit: 2442
When hammer is all you have, everything looks like a nail.

ECB, FED, BOJ, BOE... all these big central banks lost control on their product, FIAT. They can't raise the interest rates because that would ruin so many companies. All they can do is print, print and print even more.

Only FED is trying to get out of this mess by raising the rates but They will still fail. It is expected from FED to raise the rates 3 times more this year. Carnage will probably arrive before the 3rd raise and they'll have to stop raising it. When they won't be able to do their job, they'll also be going back to what they do best, scamming. (Printing FIAT)

The more they print that shit, more powerful bitcoin becomes.

If they try to save their system by raising rates, the chaos will be so big, people will burn the muthafckn central banks to the ground. The stuff happened in 2008 will look like a walk in the park compared to what we'll experience in the future.

Bitcoin wins either way.
hero member
Activity: 1106
Merit: 637
The Canadians just broke the old record for borrowing against their homes.

This is happening as home prices are declining. Real estate market is headed for a disaster. Trump and Abe agree on trade. The ECB moves to protect all banks against the economic collapse.


What does the US and Japan agreeing on trade have to do with personal debt problems in Canada and/or real estate issues?

And where are you seeing the real estate issues - Canada only? The EU? the UK?

You comingle at least five different things with out any explanation as to why they should be seen as related. Brexit isn't driving Canadians to borrow against their homes. The European Central Bank isn't impacted by a personal debt crisis in North America. International Trade deals don't negatively impact the banking system.

Pardon my English here, but what the fuck are you talking about?
full member
Activity: 1736
Merit: 121
How are they planning to save the banks. Or they pumping in more capital? or issuing an optimatun that every body must bank there money... Although, presently the banks are important to the economy, when the banks liquidate, that means more trouble.
legendary
Activity: 1540
Merit: 1029

The house of lords or pushing to overturn the BREXIT, the central bankers will not allow the BREXIT to happen and they will used everything they have to stop it.

The Canadians just broke the old record for borrowing against their homes.

This is happening as home prices are declining. Real estate market is headed for a disaster. Trump and Abe agree on trade. The ECB moves to protect all banks against the economic collapse.



Click here to watch this video and to read more:

https://goldsilvernews.blogspot.com/2018/04/ecb-is-now-preparing-all-banks-for.html

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