The overlords of money in the ECB Tower in Frankfurt are under enormous pressure! Over the past week, we have seen a whole series of statements from ECB representatives suggesting that they are determined to improve the eurozone's credit conditions and cut interest rates. The bloc is deep in recession and, according to ECB President Christin Lagarde, is losing around 250 billion euros in capital abroad. Interest rate differentials are crucial here and we know that the ECB is one of the biggest buyers of US government bonds in order to cap interest rates in the US. We are now witnessing a possible turnaround in interest rates in Japan. Inflation is picking up there and they are willing to let interest rates go up, which could reverse the carry trade between the yen and the euro. This would mercilessly expose the central planning policy of the Europeans and the damage it has caused. After years of negative interest rate policies, it is clear that the Eurozone's ideology-driven transformation policy is leading to an economic trap and was an attempt to keep the resource-poor continent in the game with resource-rich regions. The euro is backed by nothing but the moralism of the Davos climate religion.

Net Zero was intended for everyone else from the beginning and it was an attempt to manifest the fiat standard globally. The battle for collaterals such as gold, energy and Bitcoin as a transaction and settlement basis has only just begun. And the eurozone, with its hysterical sanctions policy towards Russia and its infantile arrogance and incompetence, has left the game for the time being. We are dealing here with ideologues and functionaries who have absolutely no understanding of economics and have no connection whatsoever to the reality of the economy. They will learn the hard way that a lack of competence cannot be replaced by moralism in the long term.

What now follows is clear as central planners always fall back on the same toolbox in the face of their crash: drastic yield curve control,capital controls, wealth taxation, suppression of freedom of expression and the fight against private property - and the CBDC as control money as soon as possible. And last but not least, the attempt to introduce the long demanded Eurobonds with the help of war bonds and to be able to deposit the European taxpayer as collateral. Hard times ahead for Europe.