Europe'S Crisis In 80 Years Is Close To A Dramatic Turning Point.

As early as 1930s, when a member withdrew from the monetary union, the monetary union would quickly collapse.

Similarly, a country's political resistance will catalyze the upcoming elections and referendums in other countries.

At present, Europe is experiencing 80 years of crisis (from the rejection of gold standard in 1931 to more than 80 years). How to get out of the crisis has become a problem that plagued the whole continent.

Once the RMB depreciates, it will cause the world economic crisis and enter the "mad Max" world.

At present, public opinion in Europe is approaching a dramatic turning point.

Since the British referendum, we have been thinking about what it means to Europe and what it means for the whole Europe. The biggest conclusion is: Europe, which sounds incredible, will finally stimulate the other EU Member States to break the status quo.

In 1931, Britain also rejected the gold standard, but only two years later, only 12 of the 45 Member States had recognized the gold standard.

Now Britain's strong economic performance seems to be attracting more followers.

At present, the most notable is undoubtedly the US presidential election. If Trump can become president of the United States, he can undoubtedly compare with the public opinion of Europe.

The European Italy will carry out a referendum amendment in the first week of December. In the current situation, the government will be defeated, even leading to the departure of prime minister Matteo Nzi of Italy.

The more potential impact will lead to the entry of the people's party into the political vacuum period, thus promoting the nationalist agenda.

In 2017, the European continent will usher in an election year.

The two main parties in France have not yet decided on the internal candidates for next year's general election.

But no matter who the candidate is, he will take France to the anti European agenda of nationalism.

Marina Bon, the right-wing candidate, seems confident that he will succeed in the second round of presidential elections in May next year.

Next autumn, Germany will hold a federal election. Recently, some public opinion surveys show that Premier Merkel's overwhelming victory is almost unassailable.

In addition, the German anti immigration sentiment has contributed to the German right wing, and even a referendum to restore the German Mark currency.

In addition to the French and German elections, Spain has not yet formed a new government. According to reliable information, the third elections on the European continent will be held in December.

Spain passed the bank's recovery and disposal directive, drawing lessons from the failure of Lehman brothers, and no European bank could receive aid until 8% of its liabilities were bailed out.

Instructions are also effectively hindering.

It's not just for restoring important organizations.

The turmoil on the continent is far more than politics.

The economy will never "show weakness". Looking back at the performance of European banks below the stock market in the first week of September and October, the yield curve of the European continent will be steeper.

The exposure of this problem shows that Europe is in urgent need of a correct monetary policy.

In short, keeping low interest rates is enough to restore the current economy.

But any yield curve steeper, it is bound to enhance the profitability of banks, will lead to.

The policy of tightening up, strangling any revival of the economy, and the European continent are further poorer, resulting in populism and the lack of hope for economic revitalization.

The current monetary policy is undoubtedly in the worst two world populism prevalent and dilapidated banking system.

The current policy of quantitative easing is coming to an end, and monetary policy will get worse.

The Hawks are expanding in the European Central Bank.

How do we explain the "quantitative easing policy" that has gradually lost faith?

He should resign immediately.

But in the end, academics from closed Germany or Austria are too stubborn to lead the public to lose faith in the merits of quantitative easing.

The resignation of the upper European Central Bank has even raised public doubts about the central bank's determination to act quickly.

The inaction of the banking system, coupled with the government's open financial policy, has been going on.

A policy mistake may now threaten the whole continent.

French President Hollande said in October 6, 2016 that "this must be a danger, a risk and a price."

Without proper monetary policy, fiscal policy and bank bailout can only serve as emergency options. The European Union has been wrapped up in fear and the storm is coming.