THE EU IS COLLAPSING.

Christine Lagarde, President of the ECB: ""We are not here to" close the spreads.There are other tools and other actors to manage these issues."

Her comment has just greatly increased the risk that the Covid-19 shock will generate a euro crisis.

Italy's benchmark stock index closed nearly 17% lower.

17 = Q

The expression "closing the spread" means keeping the yield on government bonds under control, so that the cost of debt does not explode for a country with fragile public finances (this is the case for Italy, for example). And it is exactly the opposite of Mario Draghi's "Whatever it Takes", that commitment of 2012 to do "whatever it takes" to preserve the euro when the market aimed at Italy and Spain in the expectation that the single currency would be gone to pieces.

Sources

>https://edition.cnn.com/2020/03/11/investing/stock-futures-coronavirus-trump/index.html

>https://translate.google.it/translate?hl=it&sl=it&tl=en&u=https%3A%2F%2Fwww.corriere.it%2Feconomia%2Fopinioni%2F20_marzo_12%2Fbce-imbraccia-bazooka-ma-non-basta-misure-anti-crisi-deludono-78dd9cb0-6466-11ea-90f7-c3419f46e6a5.shtml

>>8393190

>190

>>8393302

I also think that Trump and Q are now holding all the threads. The Storm has arrived in Europe.

From what I understand, Lagarde said "Reducing the spreads is not our job", that is, the ECB does not intervene and does not guarantee government bonds to help a country in difficulty, in this case Italy.

This made the spread go up, undoing all the lies that the EU has been telling us for years (the spread goes up because of national policies, the deficit, the debt, bla bla … all bs).

The spread depends solely and exclusively on the ECB.

Now everyone wants Lagarde's resignation.

The EU is being exposed for what it is: a project devised by globalist criminals to subdue nations. public awakening.

Lagarde made too big a mistake, it can't be a coincidence, it's part of the Plan.

>>8393389

EXACTLY!

Everything that is happening serves to make the public understand public awakening.

Now let's wait to see what the Italian government and the Eurogroup will do with the approval of the ESM.

They should have discussed it on March 16.

Gualtieri said they will postpone the discussion on the ESM, which is not a priority given the coronavirus emergency.

I am not sure that they will keep their word.

I think it could be the last straw that wakes up the Italian people: imagine what would happen if, in a crisis situation like this and after saying that they would not have done it, they began to approve the MES, showing themselves to the traitorous liars who are .

People would rebelItalExit

I don't know though. We will see how it goes on March 16th.