628 sats \ 3 replies \ @siggy47 28 Nov 2023 \ on: Eurozone: How The MSM Is Gaslighting The Public Again meta
How is it explained in the article? They can't be claiming anything but a junk bond type play, right? The numbers all over southern Europe are terrible.
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1034 sats \ 2 replies \ @TomK OP 28 Nov 2023
They pretend the free market is absorbing the new issued debt. To have some background: since 2015 the ECB was nearly the only buyer (via a deal with the commercial banks). Than there were ongoing media campaigns to push retail into the bond market via fonds. It's terrible
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677 sats \ 1 reply \ @siggy47 28 Nov 2023
Buying their own crap is one thing, but pushing citizens to also buy is beyond the pale.
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1034 sats \ 0 replies \ @TomK OP 28 Nov 2023
It's highly unethical. I remember the german finance minister (!) some months ago coming out again and again pushing the ''now it's time to buy our bonds'' narrative. I know him for over 25 years personally quite well and must say there is no understanding that this is an intervention with a conflict of interest.
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