Why did Europe cut rates? This is HISTORIC because Europe always follows US and does not cut BEFORE US Fed does! Even though inflation is actually forecast to RISE in next 12 months in Europe to be above 3% or more, ECB still cut rates, because it is becoming desperate, it has to! The growth in EU economies is slowing down a lot, and also what NOBODY talks about is ECB cut early this time is because Southern Europe is in a lot of debt! They call it the PIGS nations, I did not make up the name, the European media did. There is so much debt from them and they can’t stand this 4% interest repayments. But you notice Northern Europe, such as Denmark has very low debt…. So deciding interest rates for Europe is a messy decision because North and South Europe are in very different situations. This is why I think the European Union experiment will end in a few years, and EU will no longer exist as a group. Led by the Far Right, Europe will bow out of NATO (that is literally their policy from Le Penn). And also the rise of Anti-semitism is obviously here, what do you think the far-right stands for?… Anyways, I predicted a lot of this before in the discord. Now members might understand why I talk about this, and how this all impacts gold and Bitcoin etc. Nobody in the media is saying the real reason for ECB to cut rates is due to the huge debt burden of SOuthern Europe, I am probably the only one who is saying this,
