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Wednesday, July 22, 2020

EU approves EUR$1.85T pandemic recovery fund.

https://www.cnbc.com/2020/07/21/eu-leaders-reach-a-breakthrough-on-the-regions-recovery-fund.html

With this latest EUR$1.85T pandemic recovery fund and TLTRO III at an interest rate of as low as -1%, the EU is printing a massive amount of free monies to reboot its economy and creating the biggest stock market bubble.  Likewise, the US is also doing exactly the same thing.

The excessive monetary policies in the world are seeding a big financial crisis now.


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