EU Central Banker Christine Lagarde Outlines the “Trillions at Stake”

Underpinning the contracting EU economy are two major forces.  First, the instability of their financial markets, thanks in majority to their catastrophic Build Back Better energy agenda.  Secondly, China exploiting the economic vulnerability and dumping massive amounts of cheap goods onto their consumer market.  Both forces are working against the EU economy.

To backstop the collapse, the EU is counting on expanded militaristic spending to get them out of their dead-end path.  Again, in majority, the economics of the thing is why they want expanded war with Russia – regardless of the detrimental outcome.  Without war they have to give up their Build Back Better green energy program.

In this interview, EU Central Bank President Christine Lagarde obfuscates both issues and points a finger at President Trump’s geopolitical economic and trade reset.  The only thing she accurately presents is the scale of the issue, the “trillions at stake” part.