BERLIN, GERMANY - DECEMBER 15: German economist and former Bundesbank President Hans Tietmeyer attends the Ludwig Erhard Lecture on December 15, 2011 in Berlin, Germany. President of the European Central Bank (ECB) Mario Draghi, in a speech later on, said a 'short term contraction' of the Eurozone economies is inevitable. (Image credit: Getty Images via @daylife) |
Banking in Europe is serious business and unlike the US who can print up money to cover debt in the EU that is not possible. Germany holds the purse strings for the EU with much of the gold in Europe already in the ECB. If any of those countries in a big bind want to get out of the problems they are facing then they will come to the knee of Germany with hand out asking for help. To secure that help you can look for Germany to demand something in return and you won't have to wonder long what Germany wants in return for their help? How about gold? That's what Germany wants and if those countries in dire straits wish to prevent falling into complete chaos will go along and give in to the demands of Germany.
The Vatican recently went through a problem with money laundering and lost their head banker, now they are searching for a new man to take over that position held previously by Gotti Tedeschi. The man probably headed for that position according to Trumpet mag is a German Hans Tietmeyer, former leader of Bundesbank and one that Pope Benedict xvi really likes and would be the one to manage the 'pope's strongbox' after all now Berlin is in charge of Europe's finances..
The next step coming from Germany for those countries in distress of needing help in the form of bailouts will be for those countries to give up all or part of their gold to Berlin in exchange for help. I write this because 70 years ago this very story being played out in Europe was predicted to take place along with many other stories The power structure being created from this alliance of Germany and the Vatican will be the power or the glue which will hold the final ten countries of the EU together.