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Politicians can only think of one way to combat the consequences of Corona: Financial support. Many people don't realize that these are financed with debt. What sounds like the only alternative could actually be a hidden plan - and Corona only the distraction from it. [continue reading]
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By now, many people suspect that the Corona crisis could be a distraction from completely different issues. This means that debt-financed aid packages of vertiginous amounts are being launched on the grounds of a health threat.
Since these mountains of debt can probably never be repaid, the question arises as to whether they really serve to combat the crisis or if they have a completely different background.
In his speech on February 14th, 2021 in Munich, the lawyer Markus Haintz pointed out a possible connection between the current Corona policy and an imminent national bankruptcy of the euro countries.
He states that in the European Stability Mechanism (ESM), introduced after the financial crisis of 2007/2008, a privatization of entire countries was prepared by the creditors (hence the banks) of the country concerned.
It is laid down there that an insolvent state may no longer lead itself through insolvency, but that this may be done by the lenders.
According to the lawyer, currently the European countries would possibly be “deliberately driven against the wall” and the states would be indebted against the will of their citizens in order to enable the lending banks to access the assets of the national states via the detour of a state bankruptcy.
This thesis seems absurd at first, but a similar procedure has been used regularly by the IMF (International Monetary Fund) before. And according to financial expert Ernst Wolff, this is how it works:
If a country is on the verge of insolvency, the IMF provides loans to avoid bankruptcy, which are subject to tough conditions.
In order to be able to repay the loans, the countries concerned must, for example, privatize state-owned enterprises, increase taxes or cut social benefits in so-called austerity programs.
As a result, state structures become ailing and the population impoverishes. The money of the state and its citizens goes to the lenders.
In the past, such state looting had often led to social unrest and resistance among the population.
Now, with populations across Europe distracted by the Corona crisis, the greatest redistribution of all time may already be underway - and without us realizing it.
15.06.2021 | www.kla.tv/19010
By now, many people suspect that the Corona crisis could be a distraction from completely different issues. This means that debt-financed aid packages of vertiginous amounts are being launched on the grounds of a health threat. Since these mountains of debt can probably never be repaid, the question arises as to whether they really serve to combat the crisis or if they have a completely different background. In his speech on February 14th, 2021 in Munich, the lawyer Markus Haintz pointed out a possible connection between the current Corona policy and an imminent national bankruptcy of the euro countries. He states that in the European Stability Mechanism (ESM), introduced after the financial crisis of 2007/2008, a privatization of entire countries was prepared by the creditors (hence the banks) of the country concerned. It is laid down there that an insolvent state may no longer lead itself through insolvency, but that this may be done by the lenders. According to the lawyer, currently the European countries would possibly be “deliberately driven against the wall” and the states would be indebted against the will of their citizens in order to enable the lending banks to access the assets of the national states via the detour of a state bankruptcy. This thesis seems absurd at first, but a similar procedure has been used regularly by the IMF (International Monetary Fund) before. And according to financial expert Ernst Wolff, this is how it works: If a country is on the verge of insolvency, the IMF provides loans to avoid bankruptcy, which are subject to tough conditions. In order to be able to repay the loans, the countries concerned must, for example, privatize state-owned enterprises, increase taxes or cut social benefits in so-called austerity programs. As a result, state structures become ailing and the population impoverishes. The money of the state and its citizens goes to the lenders. In the past, such state looting had often led to social unrest and resistance among the population. Now, with populations across Europe distracted by the Corona crisis, the greatest redistribution of all time may already be underway - and without us realizing it.
from mik
https://ec.europa.eu/commission/presscorner/detail/de/DOC_12_3
https://www.n-tv.de/wirtschaft/der_boersen_tag/Steigende-Anleiherendite-EZB-hat-noetige-Munition-article22396497.html
https://de.statista.com/statistik/daten/studie/222901/umfrage/bruttoinlandsprodukt-bip-in-der-europaeischen-union-eu