Anonymous ID: 5fac05 March 13, 2020, 7:08 a.m. No.8399997   🗄️.is 🔗kun   >>0023 >>0168 >>0462 >>0554

>>8399785

check this: https://www.wz.de/wirtschaft/regierung-sagt-kredite-ohne-begrenzung-zu_aid-49537681

After the german stock index crashed from ~14k to ~9k the KfW (Federal Creditinstitute for Reconstruction, https://en.wikipedia.org/wiki/KfW) announced "unlimited" credit for companies affected by corona virus. and that's literally ALL companies. so it will probably go to big companies, as freshly printed money alwqays does.

after this announcement the german stock market is now heading back towards 10k.

 

This effectively means companies whos supplychains have been destroyed will stay operative by means of quantitative easing. the entire eurozone is dependant on fresh ECB money since 2008, the export countries finance their own exports to other EU countries by the TARGET2 system (Trans-European Automated Real-time Gross Settlement Express Transfer System, https://en.wikipedia.org/wiki/TARGET2). It books the import surplus of european import-economies as SECURITIES to european export nations, NOT LIABILITIES. so they don't show up in the GDP. because securities are not liabilities until….. yeah until SHTF. so that's the ecnomomic zombification that took place in 2008 after the lehman brothers derivative bubble crash. i don't know how this next step of zombification by the KfW credit initiative will play out. let's see i'll keep you up to date. but if your read and understood the target2 system above you know that national bailout of the exporter economies save the emntire eurozone. additionaly urusaly von der leyen (new head of eu commission) announced a 25 billion investment fond to counter economic damage (https://www.spiegel.de/politik/coronavirus-ursula-von-der-leyen-plant-milliardenschweren-fonds-fuer-wirtschaftsschaeden-a-dff7cda8-ff37-4112-bf35-108b723a26b4)