Whereas EU member countries must wait until mid-2021 to receive some money from the celebrated Next Generation EU (NGEU) plan, the ECB is printing dozens of billions of euros every week to finance the psychopaths of the financial market.
The ECB balance sheet as of July 24 shows an increase of EU715 billion as compared to the June 23 statement, from EU5,636 to EU6,351 billion. Non-financial institutions alone, i.e. zombie corporations, have received EU137 billions in bond purchases. These funds are given out with virtually no conditions attached and at a negative interest rate.
