Your money is in danger. François Villeroy de Galhau, governor of the Bank of France, wants to get his hands on the 300 billion euros that you have patiently saved. His goal? Repatriate these funds invested outside Europe to finance European projects. But at what cost? This audacious, even shocking idea, makes experts jump.
Your private savings, their miracle solution?
Every year, billions of euros of savings leave Europe to be invested in more profitable markets, notably in the United States. And now the Bank of France decides that it is time to take back these funds. For what ? According to Villeroy de Galhau, these 300 billion are necessary to finance large-scale projects in Europe, such as the climate and digital transition.
The governor deplores that “Europe does not lack capital, but capital markets”. Translation ? The money is there, but Europe is unable to use it effectively. So, rather than making our markets competitive, he wants to force your savings to stay in Europe. A measure that looks more like a power grab than a thoughtful solution.
But why isn't Europe doing better?
Let's be clear: if your savings flee to other continents, it's not by chance. The American and Asian markets offer much more attractive returns. In Europe, bureaucracy, crushing taxes and mediocre returns deter investors. And yet, instead of solving these problems, European institutions seek to control private savings.
This is worrying logic. If Europe cannot naturally attract your money, why should you be forced to invest it there? Should you sacrifice your freedom of choice and your potential benefits for a project which, until now, has never proven its effectiveness?
Get your money back, but at what cost?
Behind the fine speeches on ecology and digital technology, a real financial hold-up is brewing. In short, your savings could become a disguised public resource to compensate for the shortcomings of European policies. This amounts to making you pay for strategic errors that are not yours.
-And that's not all: some experts are warning of the authoritarian drift of such a plan. Once private savings are channeled, where will the logic stop? Why not imagine tomorrow additional European taxes or restrictions on your investment choices?
A proposal that divides
This project is not unanimous. While some see it as an opportunity to strengthen the European economy, others denounce it as unjustifiable interference. “It’s not their money!” », fumes the economist Charles Gave. He recalls that private savings is a fundamental right and that it is not up to the State, nor to Europe, to manipulate it as they wish.
So, should we give in to this initiative? Investing in Europe is your decision. But be careful: this choice must be motivated by attractive returns and solid guarantees, not by pressure or disguised injunctions.
Share this article massively because it is your money, your freedom and your future that are at stake.
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