Socialism is collapsing worldwide due to mismanagement and system whose actions have performed so much welfare debt that the ECB can no longer sustain it.
A problem they caused, no consolidation of debt with all their member States when they formed the Euro in their attempt to solidify the EU and use the Euro as a competitive currency against the dollar.
Interest rates cannot be raise because it will blow out their budgets. Central Banks are trapped.
So here comes consol bonds that only pay interest, because currently who would buy bonds at negative rates, no one with brains.
they will attempt to end paper currency and go digital like Pelosi proposed in one of her fucked up bills, but failed because of POTUS.
this will enable them to surveil ALL accounts and if they think you owe to the taxman they'll suck it out at the click of a mouse.
this is full blown tyranny on a scale never experienced before, EVER.
Davos vision under the academic Schawb who's as dumb as a fence post when it comes world economics and society. Same with all the psychopath multinational oligarchs who look at the 'great unwashed' as chattel to strip every individual of as much wealth as they can.
the last fucking place to look for a solution are to those who caused the fucking problem to begin with!!!