They do not provide enough liquidity for the real economy (companies and company founders with ideas).
if this is not correct: where can i apply for my 0% loan payable over 30 years?
so the whole thing you call EU economy goes bust!
I think a major problem is that the US (indeed) sees itself as the successor to the British Empire and thus thinks it still has the “right” to govern it’s overseas colonies.
This relationship has to transform rapidly into a true honest and open partnership or relations will get more and more hostile.
Trump is NOT exactly the right candidate to do so, thus Putin welcomes whatever splits “The West” and “The West” is easily split… btw. “the EU” as “United States of Europe” will not work – for the simple fact – that the US is cultural much more homogeneous than Europe (most cultural diversity you can imagine) – so one size / one currency fits all is doomed to fail.
I surely can imagine that some people like the “one currency shall rule all of Europe” idea out of power greediness – but it will not work.
if IMF wants to see a strong EU economy – “the banks” need to provide liquidity for people with ideas that want to do companies, not even existing well running companies can get loans to redo their infrastructure these days – and the IMF blames it on them.
Would be the point to leverage – to make sure people actually have meaningful work and access to money (afaik “states” “the EU” can not go bust? unless the ECB wants it to?).
But then again – “the banks” are not obliged to take responsibility for society – they are only obliged to make profit – this is basically asking for self destruction and this is what we see right now.
PS: the IMF is based in Washington and thus just as the World Bank or Goldman Sachs has not exactly the will of the people in mind.
it’s a sophisticated setup of systems and methods that are not obvious on the first sight – hence injustice can be done everyday – but nobody realizes it as injustice.
It’s what i would call structural tyranny.
Fun fact: people actually “feel” that the modi operandi of mankind for survival is highly unsustainable.
Homo sapiens is depressed and women refuse to get children in such an insecure world.
Thus the dying-out process is already going on in the developed countries, while the underdeveloped countries make babies just out of trauma and frustration (they are so poor, they don’t know if they will survive another week so they have unprotected sex at any possibility and reckless irresponsible impossibility).
My Millennial generation inherits a pile of nuclear waste – called the Earth – and all my generation can do is dampen the fall to hell.
Previous generations say – they did not know they set course to hell – because back in the 1970s there was no internet – so how should they have known?
Well fun fact – there have been forward thinking people in the 1970s like the New Alchemists – but instead of distributing their scientific results – “the system” (namely the mainstream media and politics) chose to label them “nuts” and “hippies” and ignore them – and they still do – so you tell me ignorance is bliss? Maybe yes – until you reach hell.
If you have seen a TV feature on “The New Alchemists” – ever – i send you $100.
French Ex President Sarkozy accepted about 50 Mio USD from Libya’s (killed 2011 by rebel groups) dictator Gaddafi as “friendship gift” which he spend in the 2007 election campaign to win presidency by 53.1%.
Of course General Gaddafi ruled Libya with a iron fist and now another General tries to take power and brought war back to Libya.
General Haftar Attack of Tripoli escalates civil war in splintered Libya
The French oil company TOTAL is operating in Libya
and Gaddafi’s removal was very much in their interest.
When insurgents surged (maybe started by US CIA and backed by the US) France stepped in with it’s Charles de Gaulle aircraft carrier to drop even more bombs on Gaddafi – for the single purpose to directly extract the oil from the ground without a middleman.
March 2, 2018 / 8:30 AM:
Oil major TOTAL expands in Libya, buys U.S. Marathon‘s Waha stake for $450 million
“LONDON/TUNIS (Reuters) – French energy company Total (TOTF.PA) substantially raised its presence in Libya with the purchase of a 16.33% stake in Libya’s Waha concessions from U.S. Marathon Oil (MRO.N) for $450 million on Friday.
Total has been in Libya for decades and holds a production share of 31,500 boe/d in 2017 from concessions in the offshore Al Jurf field and the onshore Sharara field. It also has a share in Mabruk field, which has been closed for several years because of poor security.” (src: Reuters)
HERE YOU CAN SEE AGAIN: NATO IS A PROBLEM – NOT A SOLUTION!
Canada, want some refugees?
Military intervention in Libya began on 19 March, as fighter jets of the French Air Force destroyed several pro-Gaddafi vehicles advancing on rebel stronghold Benghazi. U.S. and British submarines then fired over 110 Tomahawkcruise missiles at targets throughout Libya, severely disabling the regime’s air defense capability and allowing a wider enforcement of the no-fly zone to begin. A coalition of 10 states from Europe and the Middle East initially participated in the intervention, later expanding to 17. On 31 March, NATO assumed command of the operation. The intervention succeeded in preventing pro-Gaddafi forces from capturing Benghazi.
On 24 August, it was acknowledged for the first time that special forces troops from Britain, Italy, France, Jordan, Qatar, and the UAE had intervened on the ground in Libyan territory, stepping up operations in Tripoli and other cities. This has been questioned as a possible violation of Resolution 1973 although the use of special forces is not prohibited by the resolution.
Noam Chomsky has argued that the Western military intervention into Libya was a clear breach of UNSCR 1973 since it nullified the attempts for a ceasefire that were put forward by the resolution and welcomed by Gaddafi. As he puts it, “NATO powers (France and Britain in the lead and the United States following) violated the resolution, radically, and became the air force of the rebels. Nothing in the resolution justified that. It did call for “all necessary steps” to protect civilians, but there’s a big difference between protecting civilians and being the air force for the rebels.” 
In February 2011 Tony Blair’s assistant Catherine Rimmer, emailed Jake Sullivan, Clinton’s Deputy Chief of Staff, enclosing a copy of notes from Blair’s recent personal call with Libyan leader Muammar Gadaffi. At this time, the US and UK were on the verge of going to war with Libya, claiming that the Libyan leader was promoting civilian massacres in his country. Blair was by now out of UK office and was Middle East Envoy for the UN but had personal relations with Gadaffi over a number of years. Rimmer noted:
“Mr Blair wanted me to let you know that he is making these calls very privately and is not briefing the media”. Rimmer stated that “Tony Blair delivered a very strong message to Gaddafi that the violence had to end and that he had to stand aside to allow a peaceful process to take place”.
Blair went further, however. The notes of the call show that Blair specifically threatened Gadaffi with war unless he stand down. He told Gadaffi: “The US and the EU are in a tough position right now and I need to take something back to them which ensures this ends peacefully”. This call was made on 25 February. Three weeks later, on 19 March, the US and UK began bombing Libya.
The outcome was disastrous for the people of Libya, plunging the country into lawlessness in which ungoverned spaces new terrorist forces arose while Libya became a dangerous transit hub for refugees seeking to reach Europe.