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GUALTIERI ACCEPTS THE REFORM OF THE MES, CONDEMNS THE ITALIAN BANKS AND PREPARES THE EXPROPRIATION OF CURRENT ACCOUNTS AND BONDS

3 years ago babelfish

Despite the absence of a mandate, even though Piddino Galli said it was a huge trap, despite the most banal logic, despite Claudio Borghi's not even veiled warnings and threats, Gualtieri decided to "Accept the reform of the MES for Italy".

All this is happily celebrated by the Germans, who knows why, and is passively accepted by Gualtieri. And the Five Stars? As the Huffington Post reveals, the opposition has always been fake. However, if it was fake, we will soon know, because on December 9 the question will be brought to court, even if for the Union "The Signature is final". It would be really interesting if Gualtieri were disheartened and investigated: would the signature be the same as "Definitive"? Probably for Brussels, yes, and this explains to you what level of perversion and authoritarianism sits in the Commission and its bosses.

We have written about the destructive nature of the public debt inherent in the ESM. Its nature should already make one tremble. In fact, the MES is:

  • a private entity based in Luxembourg;
  • an entity that enjoys absolute immunity for its staff;
  • a body that has already acted in Greece with the blackmailing results we know.

Not being able to a private entity, normally, blackmail a state we were able to create it ourselves, La Riforma, as we said, is divided into two parts:

  • that which broadens its use in the banking sector, as an ultimate guarantee;
  • the narrow use by states.

In the second case, it can only be accessed after reducing the debt to GDP ratio to 60%, which for Italy would be a cut of 1500 billion that would devastate the banking and private welfare system. The restructuring of private debt paves the way for the bankruptcy of the banks which, in turn, opens the door to bail in and the disappearance of the money of account holders and bondholders, who become co-responsible, thanks to this magnificent rule desired by Europe. . A beautiful super-patrimonial all guided by European standards on which you will not be able to do anything. The bankruptcy of the Veneto Popolari or the Renzian “Resolution” of the four banks will seem like a walk in the park.

Crimi, the pentastellato who has arrogated to himself the right to give the go-ahead to Gualtieri, and Gualtieri himself affirm that "The Signature does not mean the use", more or less the same phrases that the signatories of the Triple Alliance and the Pact must have said Steel. From the first we managed to escape for a quibble, the second was signed with the same lightness of the MES and we know what it led us to.

Gualtieri will speak of "Changes to protect Italy". All lies, only lies. Not a comma has been moved, Gaultieri, who has no chance has as a twitter profile, even today, "@gualtierieurope", has accepted everything, without changes.

We'll see what happens in the classroom, but let's not count on it too much. We will soon write an article, which for Scenari will be a little out of the ordinary, on how to protect your assets and liquidity in times of assets and MES. We never thought we had to write it.

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The article GUALTIERI ACCEPTS THE REFORM OF THE MES, CONDEMNS THE ITALIAN BANKS AND PREPARES THE EXPROPRIATION OF THE CURRENT ACCOUNTS AND OBLIGATIONS comes from ScenariEconomici.it .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/gaultieri-accetta-la-riforma-del-mes-condanna-le-banche-italiane-e-prepara-lesproprio-dei-conti-correnti-e-delle-obbligazioni/ on Tue, 01 Dec 2020 07:53:31 +0000.