It is very interesting to note how financial managers are suggesting an investment positioning in order to profit from the end of the euro: this is a spring that will overwhelm the markets.
As Tom Luongo, the famous American analyst present on the main Alt-Media channels and very close to Elon Musk, says, the technical aspects have been arranging themselves for some time, skillfully directed, to prepare us for the end of the euro. Epilogue already in the facts given the failure of the elite in command of the EU, when the war in Ukraine ends the extent of the disaster will be clear.
In reality the EU is already technically finished, the euro is now out of the game, ousted by the major international players who see the euro as an undue intrusion into much larger and more capable balances.
In particular, it is the euro that is at risk, since the EU, when it becomes a non-binding entity, is a relative problem. This also applies to the countries that have suffered the most from the negative repercussions of the introduction of the single currency.
Actually this very site, together with Tom Luongo, with the X channel called @Sorenthek (the editor of GoldFix), helped explain in good time what was going on.
To understand, we must in fact go back to subprime crisis, when the risk of widespread failure of global banks had made LIBOR unusable. This “LIBOR panel”, based in London, was a kind of consortium that had the right to issue dollars independently from the Fed, guaranteeing a sort of common guarantee of the panel on the loans (and not with a risk borne by the individual bank) on the issuance of these dollars. At the time of the subprime crisis, this panel “blew up” and all the countries had to fend for themselves by asking the Fed for guarantees for their banks in order to have dollars.
Yes, because those who denigrate the “USA regardless” – there are many on the net – they forget that the main investment currency remains the dollar, also called ““Lombard advance” in the banking world, which essentially means borrowing currency, in this case dollars, on credit