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0 sats \ 1 reply \ @Undisciplined 21 Jul 2023 \ parent \ on: Monetizing The Debt: Eurozone Reduces Public Debt bitcoin
That's really interesting. What's driving that? Is it Germany specific or will we see that throughout the EU?
Germany with its attack on their own energy and auto sector is really a special case. But the south won't be able to handle this recession because of the euro and high debt levels. A big crisis is coming to the Eurozone. Watch credit spreads between german 10y Bund and US 10Y. When the premium disappears You know it's over for them.
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