WEBVTT 00:00.397 --> 00:07.766 Since 2021, the European Union has been pushing forward with plans for an EU asset register, the implications of which 00:07.766 --> 00:12.356 are far-reaching—more so than they might seem at first glance. 00:12.356 --> 00:20.488 Essentially, the goal is to create a central database to record the assets of EU citizens. 00:20.488 --> 00:27.394 The focus here is not only on liquid assets in bank accounts; consideration is also being given to the 00:27.394 --> 00:34.703 reporting of real estate, business interests, cryptocurrencies, works of art, and other assets. 00:34.703 --> 00:41.497 Officially, the registry is intended to help combat money laundering and terrorist financing. 00:41.497 --> 00:47.736 Critics, on the other hand, warn of a massive intrusion into citizens' privacy and the 00:47.736 --> 00:52.024 significant potential for abuse. And they're right! 00:52.024 --> 00:59.774 This is because the collected data could also be used for other purposes, such as so-called “load balancing.” 00:59.774 --> 01:04.741 A system of burden-sharing was already in place in Germany after World War II. 01:04.741 --> 01:11.189 It was introduced in 1949 for the victims and disabled veterans of World War II. 01:11.189 --> 01:17.948 The relevant law allowed the federal government to impose compulsory levies, including 01:17.948 --> 01:23.438 compulsory mortgages, for a period of 30 years. 01:23.438 --> 01:28.597 Under Chancellor Friedrich Merz, Germany's national debt has skyrocketed. 01:28.597 --> 01:33.479 Other EU countries, such as Greece and Italy, are also heavily in debt. 01:33.479 --> 01:40.578 To solve this problem, there is ongoing debate in political circles and the media about burden-sharing. 01:40.578 --> 01:47.962 That would mean that the government would seize its citizens' assets—in other words, expropriate them. 01:47.962 --> 01:57.078 Former German Vice Chancellor Sigmar Gabriel had already spoken out in favor of such burden-sharing during the COVID-19 crisis. 01:57.078 --> 02:00.406 Sigmar Gabriel is not just one voice among many. 02:00.406 --> 02:03.421 He is the chairman of Atlantik-Brücke. 02:03.421 --> 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 02:11.949 --> 02:16.561 an extensive network of contacts and wielded enormous influence. 02:16.561 --> 02:21.385 The goal of the Atlantik-Brücke is evidently to steer German politics closely along the lines set by its 02:21.385 --> 02:24.881 founders, who were members of high-degree Freemasonry. 02:24.881 --> 02:32.660 The Atlantik-Brücke brings together 800 leading figures from the banking and finance sectors, business, politics, and the media. 02:32.660 --> 02:36.448 Friedrich Merz has also served as chairman of the Atlantik-Brücke. 02:36.448 --> 02:41.250 It is striking that the editorial boards of the leading media outlets consist of approximately 100 members, which 02:41.250 --> 02:44.859 gives their ideas enormous influence over public opinion. 02:44.859 --> 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 02:50.963 --> 02:55.552 agenda being planned behind closed doors in these circles. 02:55.552 --> 02:59.350 For further insight, please also watch the following program: “How Germany Is Being 02:59.350 --> 03:02.855 Controlled from Abroad – The Atlantik-Brücke.” 03:02.855 --> 03:08.042 Katrin Göring-Eckardt, a politician from the Green Party, was also a former member of the Atlantik-Brücke. 03:08.042 --> 03:15.380 She has already requested an expert opinion on a burden-sharing measure—referred to here as a “one-time wealth levy.” 03:15.380 --> 03:20.828 In 2022, she and other Green Party colleagues spoke out in favor of such a burden-sharing arrangement with 03:20.828 --> 03:26.528 regard to COVID-19-related expenditures and the resulting costs of the war in Ukraine. 03:26.528 --> 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 03:34.416 --> 03:39.300 laying the groundwork to be able to levy such wealth taxes? 03:39.300 --> 03:43.895 But what is the current status of the EU Asset Register? 03:43.895 --> 03:53.094 In 2021, the European Commission commissioned a feasibility study, which was completed in 2024. 03:53.094 --> 03:59.153 To date, there is no legal act establishing such a property registry. 03:59.153 --> 04:02.094 The EU has so far denied that this is planned. 04:02.094 --> 04:06.258 The introduction of such a registry would also be very unpopular. 04:06.258 --> 04:10.509 However, we shouldn't be fooled and should remain vigilant. 04:10.509 --> 04:17.510 In May 2024, the Council of the European Union, acting on a proposal from the European Commission, 04:17.510 --> 04:24.914 adopted a directive requiring member states to establish central bank account registries. 04:24.914 --> 04:29.863 These are intended to cover all individuals who hold or control securities accounts, 04:29.863 --> 04:34.234 cryptocurrency accounts, and safe deposit boxes at banks. 04:34.234 --> 04:42.447 Another directive calls for a network system operated by the European Commission to link these bank account 04:42.447 --> 04:48.248 registries, so that information from the banks can be accessed. 04:48.248 --> 04:55.576 Central real estate registries and central registries of corporate owners are also to be established, to which 04:55.576 --> 05:00.589 the authorities of all EU member states will have access. 05:00.589 --> 05:05.315 Conclusion: The European Commission appears to be misleading its citizens. 05:05.315 --> 05:11.654 While she pretends she no longer intends to pursue plans for an asset registry, behind the scenes, the 05:11.654 --> 05:18.759 groundwork is being laid so that the necessary information can still be obtained through the banks. 05:18.759 --> 05:27.492 Once these banking registries are fully developed, they will effectively serve as a wealth registry through the back door. 05:27.492 --> 05:32.464 It is doubtful that the European Commission is concerned solely with combating money 05:32.464 --> 05:35.483 laundering and terrorist financing in this matter.