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Title: ECB warns of 1920s-like pressures; global currencies devalue against gold, fueling crisis.
Source: [None]
URL Source: https://citizenwatchreport.com/ecb- ... e-against-gold-fueling-crisis/
Published: Sep 29, 2024
Author: Horse
Post Date: 2024-09-29 20:02:32 by Horse
Keywords: None
Views: 37

Christine Lagarde, the President of the European Central Bank, has indeed warned that the global economy is facing pressures reminiscent of the 1920s. She highlighted several factors contributing to this situation, including the aftermath of the COVID-19 pandemic, ongoing geopolitical tensions, and rapid technological advancements reshaping industries.

Poster Comment:

I saw a chart of gold in dollars and next to it s chart of gold in euros. In euros gold was spiking in euros but at a later date. All currencies are going down.

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