Sooly on Nostr: #Europe’s economic house of cards is collapsing. 🇩🇪🇫🇷 Political and ...
#Europe’s economic house of cards is collapsing. 🇩🇪🇫🇷 Political and financial chaos in #France and #Germany—the EU’s strongest economies—has driven the euro to its lowest level in two years: $1.033 to 1€.
🔘 #France’s 10-year bond rates are now higher than #Greece’s—a historic humiliation.
🔘 Investors see Paris as riskier than Athens, and the spread between French and #Germany’s borrowing costs has hit eurozone-crisis levels.
This isn’t a fluke. It’s the result of central planning, endless debt, and fragile unity. The euro’s foundations are cracking under the weight of bad policy and bloated bureaucracy.
When trust in fiat dies…
Published at
2024-11-28 17:11:54Event JSON
{
"id": "12be500b457692df207009f1103491d205d413f3375c46cafa5168508f23220a",
"pubkey": "b8851a06dfd79d48fc325234a15e9a46a32a0982a823b54cdf82514b9b120ba1",
"created_at": 1732813914,
"kind": 1,
"tags": [
[
"t",
"Europe"
],
[
"t",
"France"
],
[
"t",
"Germany"
],
[
"t",
"France"
],
[
"t",
"Greece"
],
[
"t",
"Germany"
]
],
"content": "#Europe’s economic house of cards is collapsing. 🇩🇪🇫🇷 Political and financial chaos in #France and #Germany—the EU’s strongest economies—has driven the euro to its lowest level in two years: $1.033 to 1€.\n🔘 #France’s 10-year bond rates are now higher than #Greece’s—a historic humiliation.\n🔘 Investors see Paris as riskier than Athens, and the spread between French and #Germany’s borrowing costs has hit eurozone-crisis levels.\n\nThis isn’t a fluke. It’s the result of central planning, endless debt, and fragile unity. The euro’s foundations are cracking under the weight of bad policy and bloated bureaucracy.\n\nWhen trust in fiat dies…\nhttps://m.primal.net/MjcK.jpg",
"sig": "f11403b38bd650de665f0ae473f3ceae0cd11ca15f3afce5d23990cf69d05d95381b3cb24641f8c5b4c9011f2059e41c6d5192d7d2044c9ad5b16eb9eee842fb"
}