Europe: ‘A robust public digital euro is our only defense’

On Sunday, 70 European academics urged members of the European Parliament to adopt a “strong public digital euro” to safeguard “European sovereignty, stability and resilience.” Dependence on U.S. payment providers exposes Europeans “to geopolitical leverage, foreign commercial interests, and systemic risks beyond Europe’s control,” their statement said. They said they fear that U.S.-backed private digital currencies will cause Europe to “lose control over the most fundamental element in our economy: our money.” The European Central Bank is currently preparing a digital euro, but tensions with the U.S. could speed up its implementation. The Bible reveals that Europe, Latin America and Asia will turn against the U.S. in an unprecedented trade war and economic siege.