1 00:00:00,000 --> 00:00:00,397 2 00:00:00,397 --> 00:00:07,766 Since 2021, the European Union has been pushing forward with plans for an EU asset register, the implications of which 3 00:00:07,766 --> 00:00:12,356 are far-reaching—more so than they might seem at first glance. 4 00:00:12,356 --> 00:00:20,488 Essentially, the goal is to create a central database to record the assets of EU citizens. 5 00:00:20,488 --> 00:00:27,394 The focus here is not only on liquid assets in bank accounts; consideration is also being given to the 6 00:00:27,394 --> 00:00:34,703 reporting of real estate, business interests, cryptocurrencies, works of art, and other assets. 7 00:00:34,703 --> 00:00:41,497 Officially, the registry is intended to help combat money laundering and terrorist financing. 8 00:00:41,497 --> 00:00:47,736 Critics, on the other hand, warn of a massive intrusion into citizens' privacy and the 9 00:00:47,736 --> 00:00:52,024 significant potential for abuse. And they're right! 10 00:00:52,024 --> 00:00:59,774 This is because the collected data could also be used for other purposes, such as so-called “load balancing.” 11 00:00:59,774 --> 00:01:04,741 A system of burden-sharing was already in place in Germany after World War II. 12 00:01:04,741 --> 00:01:11,189 It was introduced in 1949 for the victims and disabled veterans of World War II. 13 00:01:11,189 --> 00:01:17,948 The relevant law allowed the federal government to impose compulsory levies, including 14 00:01:17,948 --> 00:01:23,438 compulsory mortgages, for a period of 30 years. 15 00:01:23,438 --> 00:01:28,597 Under Chancellor Friedrich Merz, Germany's national debt has skyrocketed. 16 00:01:28,597 --> 00:01:33,479 Other EU countries, such as Greece and Italy, are also heavily in debt. 17 00:01:33,479 --> 00:01:40,578 To solve this problem, there is ongoing debate in political circles and the media about burden-sharing. 18 00:01:40,578 --> 00:01:47,962 That would mean that the government would seize its citizens' assets—in other words, expropriate them. 19 00:01:47,962 --> 00:01:57,078 Former German Vice Chancellor Sigmar Gabriel had already spoken out in favor of such burden-sharing during the COVID-19 crisis. 20 00:01:57,078 --> 00:02:00,406 Sigmar Gabriel is not just one voice among many. 21 00:02:00,406 --> 00:02:03,421 He is the chairman of Atlantik-Brücke. 22 00:02:03,421 --> 00:02:11,949 It was founded in 1952 by John McCloy, a close associate of the Rockefellers who, as a key figure in high-level Freemasonry, had 23 00:02:11,949 --> 00:02:16,561 an extensive network of contacts and wielded enormous influence. 24 00:02:16,561 --> 00:02:21,385 The goal of the Atlantik-Brücke is evidently to steer German politics closely along the lines set by its 25 00:02:21,385 --> 00:02:24,881 founders, who were members of high-degree Freemasonry. 26 00:02:24,881 --> 00:02:32,660 The Atlantik-Brücke brings together 800 leading figures from the banking and finance sectors, business, politics, and the media. 27 00:02:32,660 --> 00:02:36,448 Friedrich Merz has also served as chairman of the Atlantik-Brücke. 28 00:02:36,448 --> 00:02:41,250 It is striking that the editorial boards of the leading media outlets consist of approximately 100 members, which 29 00:02:41,250 --> 00:02:44,859 gives their ideas enormous influence over public opinion. 30 00:02:44,859 --> 00:02:50,963 So when the chairman of the Atlantik-Brücke brings up the idea of burden-sharing, it’s a strong indication of the 31 00:02:50,963 --> 00:02:55,552 agenda being planned behind closed doors in these circles. 32 00:02:55,552 --> 00:02:59,350 For further insight, please also watch the following program: “How Germany Is Being 33 00:02:59,350 --> 00:03:02,855 Controlled from Abroad – The Atlantik-Brücke.” 34 00:03:02,855 --> 00:03:08,042 Katrin Göring-Eckardt, a politician from the Green Party, was also a former member of the Atlantik-Brücke. 35 00:03:08,042 --> 00:03:15,380 She has already requested an expert opinion on a burden-sharing measure—referred to here as a “one-time wealth levy.” 36 00:03:15,380 --> 00:03:20,828 In 2022, she and other Green Party colleagues spoke out in favor of such a burden-sharing arrangement with 37 00:03:20,828 --> 00:03:26,528 regard to COVID-19-related expenditures and the resulting costs of the war in Ukraine. 38 00:03:26,528 --> 00:03:34,416 Could it be, then, that the EU—which is somewhat more removed from its citizens and not as much in the public eye—is now 39 00:03:34,416 --> 00:03:39,300 laying the groundwork to be able to levy such wealth taxes? 40 00:03:39,300 --> 00:03:43,895 But what is the current status of the EU Asset Register? 41 00:03:43,895 --> 00:03:53,094 In 2021, the European Commission commissioned a feasibility study, which was completed in 2024. 42 00:03:53,094 --> 00:03:59,153 To date, there is no legal act establishing such a property registry. 43 00:03:59,153 --> 00:04:02,094 The EU has so far denied that this is planned. 44 00:04:02,094 --> 00:04:06,258 The introduction of such a registry would also be very unpopular. 45 00:04:06,258 --> 00:04:10,509 However, we shouldn't be fooled and should remain vigilant. 46 00:04:10,509 --> 00:04:17,510 In May 2024, the Council of the European Union, acting on a proposal from the European Commission, 47 00:04:17,510 --> 00:04:24,914 adopted a directive requiring member states to establish central bank account registries. 48 00:04:24,914 --> 00:04:29,863 These are intended to cover all individuals who hold or control securities accounts, 49 00:04:29,863 --> 00:04:34,234 cryptocurrency accounts, and safe deposit boxes at banks. 50 00:04:34,234 --> 00:04:42,447 Another directive calls for a network system operated by the European Commission to link these bank account 51 00:04:42,447 --> 00:04:48,248 registries, so that information from the banks can be accessed. 52 00:04:48,248 --> 00:04:55,576 Central real estate registries and central registries of corporate owners are also to be established, to which 53 00:04:55,576 --> 00:05:00,589 the authorities of all EU member states will have access. 54 00:05:00,589 --> 00:05:05,315 Conclusion: The European Commission appears to be misleading its citizens. 55 00:05:05,315 --> 00:05:11,654 While she pretends she no longer intends to pursue plans for an asset registry, behind the scenes, the 56 00:05:11,654 --> 00:05:18,759 groundwork is being laid so that the necessary information can still be obtained through the banks. 57 00:05:18,759 --> 00:05:27,492 Once these banking registries are fully developed, they will effectively serve as a wealth registry through the back door. 58 00:05:27,492 --> 00:05:32,464 It is doubtful that the European Commission is concerned solely with combating money 59 00:05:32,464 --> 00:05:35,483 laundering and terrorist financing in this matter.