We are repeatedly told that the euro is «solid», «irreversible» and «too important to fall». This is precisely what was said about all the great artificial currencies before they collapsed. Behind the reassuring rhetoric lies a brutal reality: a currency without a nation, without real political sovereignty and kept alive by debt and inflation has never survived in history. The euro is no exception. It is simply following, belatedly, the same path as its predecessors - and those who refuse to see it are not defending stability, they are defending their own interests.
by Ludovic Malot, economist and entrepreneur
We need to get out of the rhetoric:
the euro is not a fragile currency, nor is it an imperfect project in need of reform.
It is a monetary construction structurally unstable, It is kept artificially alive by debt, regulatory coercion and the self-interested blindness of those who profit from it.
It's no longer an opinion.
This is a locked historical trajectory.
A currency without a political basis: a permanently unstable aberration
No currency can survive in the long term without :
- a sovereign political authority,
- a legitimate central budget,
- explicit democratic responsibility,
- solidarity between taxpayers.
The euro is not based on no of these pillars.
It artificially aggregates heterogeneous economies - industrial, rentier, exporting, deficit - under a single rate, a uniform monetary policy and theoretically strict rules... which are systematically violated.
This architecture is not imperfect.
It is against nature.
Jacques Rueff already warned:
«Inflation is the most unfair tax, because it hits first those who have no way of protecting themselves against it.»
The euro institutionalises precisely this invisible tax.
A headlong rush that is quantified, measurable and documented
The data tell a clear story:
- Average public debt in the euro zone: ~90 % of GDP
- Italy: ~140 %
- France: ~112 %
- ECB balance sheet: from €1,200 billion (2007) to over €7,500 billion
- TARGET2 imbalances: > €1,100 billion for Germany
This is not a business cycle.
This is a progressive bankruptcy masked, made possible by :
- massive money creation,
- rate manipulation,
- the repression of savings,
- the silent transfer of risks to citizens.
Rueff put it bluntly:
«The budget deficit is the modern form of bankruptcy.»
The euro has not eliminated crises.
It has merged, hidden, then amplified.
The ECB: a monetary authority turned political power
The European Central Bank is no longer a technical arbiter.
It is a unelected centre of power who :
- decides the conditions for the survival of states,
- sets the price of time (rates) for 450 million people,
- redistributes wealth through inflation,
- suspends or applies the rules depending on the political urgency.
A currency held together only by :
- negative real rates,
- permanent debt buybacks,
- temporary exceptions“ that have become permanent,
is no longer a sound currency.
It is a a permanent crisis management tool.
The euro as a disciplinary tool, not as a bargaining chip
The euro is no longer a project for shared prosperity.
It is a constraint tool :
- austerity for the people,
- inflation for savers,
- dependence for governments,
- impunity for large financial structures.
Budgetary sovereignty has become theoretical.
Monetary sovereignty has disappeared.
And when a currency is used to compel rather than exchange, It always ends up being rejected.
The great denial of the financiers of the fiat euro
The silent culprits must be named:
part of the financial world vit, prosperous and gets fatter on euro fiat.
Banks, funds, trading desks, derivatives structures, sellers of sovereign debt, financial engineers of organised instability.
Their interest is not stability.
Their interest is controlled volatility, This is the case with perpetual debt, spreads, commissions and “innovative” products backed by a fundamentally fragile currency.
They know:
- that the debts will never be repaid,
- that the balance sheets are fictitious,
- that promises are untenable.
But as long as :
- the ECB provides liquidity,
- States implicitly guarantee,
- losses are socialised,
the system can continue... for the benefit of a few.
Their denial is not ideological.
It is financial.
They are the last to want to see the end of the euro, because they know it will take them with it:
- mountains of toxic products,
- artificial valuations,
- rents built on weak money.
How the euro will really disappear
Not through democratic debate.
Not through institutional reform.
But by :
- an uncontrollable bond crisis,
- a definitive North-South split,
- a sudden loss of confidence,
- or a unilateral exit imposed by reality.
The great artificial currencies never die by decision.
They die by exhaustion of credibility.
Conclusion - Money lies. Reality always speaks in the end.
The euro will not be saved.
It will be abandoned, Like all monetary constructions that have tried to ignore the fundamental laws of economics.
It is not the people who will bury it first.
That will be the reality.
Jacques Rueff understood this:
you can cheat with money for a long time - but never indefinitely.
The euro is not inevitable.
Its disappearance is not a hypothesis.
This is a historical certainty.
The only question now is no longer if,
but who will have prepared…
and who will pay the final bill.
Straightforward advice Get rid of this monkey money while you still can - whether held in cash, financial products or euro-denominated life insurance policies. Reduce your exposure before the exit closes.
The only credible protection for capital in a monetary system at the end of the cycle is outside the promise, outside the intermediary and outside the bank balance sheet: physical precious metals. Gold and silver metal. Nothing else.
Real physical products, held directly, at home or outside the banking system. No paper products. No “structured solutions”. No financial mirages.
Don't want to change your trajectory? It's up to you.
But let there be no doubt: you have been warned.
🇨🇭 Without funding, there can be no resistance. Support Swiss Sovereignty now: https://souverainete-suisse.ch/faire-un-don/