THE European Central Bank (ECB) has called for greater punishments on those eurozone countries that fail to implement reforms
Is the ECB sharpening its tyrannical teeth?
I read the recent express headline and thought this follows what I have been expecting from the ECB.
Expecting the tyrant to become more authoritarian as it matures is the correct forecast in my opinion, as the monetary union experiment enters its 19th year and must force the nations (along with the European System of Central Banks "ESCB") to obey its ruthless central authority.
See: ecb.europa.eu
EU bank calls for PUNISHMENT for eurozone countries that ignore Frankfurt as crisis LOOMS
THE European Central Bank (ECB) has called for greater punishments on those eurozone countries that fail to implement much need monetary reforms in a bid to ward off a looming financial crisis in the currency By Jon Rogers PUBLISHED: 05:15, Thu, Aug 3, 2017
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Is A Power Struggle Boiling-Over In Europe, Or Is The EURO Burning?
The public is witnessing a lot of political dramas at the heart of the eurozone crisis. But European families and individuals are suffering through rising costs to live and higher taxes while facing the worst economic and social crisis in decades.
Yet they have it good, we are told, when compared to the rest of the world. After all, the ruling class is properly managing the “global economy” for our mutual welfare, right?
Perhaps some with that mindset will welcome the EUROPEAN UNION.
Personally, I do not know the majority of living standards and what disparities are across 27-51 countries, so look at what is reported here and share your comments.
@ronmamita
Martin Armstrong‘s View:
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