euro zone in recession - Draghi special loans for banks bot not for the real economy

‘special loans for banks, which is why one could also speak of the “president of the bank rescuers”.

Because a “new (third) series of long-term loans for the commercial banks of the Euro-Zone” will be offered as a TLTRO III (Targeted Longer-Term Refinancing Operations) designate, writes the Neue Zürcher Zeitung (NZZ): “Between September 2019 and March 2021, the ECB wants to offer the banks on a quarterly basis, such refinancing operations.” (src: auto translated from heise... Show more...
To truly understand the banking system (aka banking cartel) that has infiltrated every country except Cuba and North Korea, read this book:

The Creature from Jekyll Island, A Second Look at the Federal Reserve
by G. Edward Griffin

Regarding, "t is the task of a Bank to produce new loans over and over again, similar to a shoe factory," the goal of the central bank (aka the banking cartel) is to earn interest from the money they print and put into circulation through loans to the government (i.e. the printed money is traded for treasury bonds). Commercial banks create money out of thin air by creating loans. Both the central banks (banking cartel) and the commercial banks increase the money supply, which is effectively taxation through inflation, which is much greater than the trivial taxes they collect from the earnings of their citizens and corporations.
The goal of the banking cartel is to keep all countries in debt and the keep the people enslaved to pay the banking cartel interest on the money they created. The purpose of 1st world countries lending to 3rd world countries (i.e. loans they will never repay) is to transfer wealth to the 3rd world countries to eventually equalize the quality of life between 1st and 3rd world countries, and make us all more accepting of the New World Order (NWO)..

Debt to GDP Ratio by Country 2019

World Central Banks (banking cartels)

Complete List Of BANKS Owned/Controlled By The Rothschild Family
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