Wall Street Mav|Aug 31, 2026 17:30
EU President Ursula von der Leyen believes that Europeans are not saving money correctly.
She wants to control how Europeans are allowed to save their money.
The European Commission head stated that about €10 trillion in household savings are currently sitting in bank deposits and not working for the European economy. "Europe has savings. Unfortunately, these savings are lazy,"
She wants savings to be withdrawn from other countries and instead directed toward financing the borrowing needs of European entities.
Her message to European citizens, "You will invest where the Fuhrer instructs you to invest."
Ursula von der Leyen was not elected by the citizens of EU countries. She was appointed by other EU bureaucrats.(Wall Street Mav)
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