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Don't remind me again today

Crypto革命者

2025-12-02 14:25:07

I saw a piece of news today that was quite shocking, to be honest. A few hours ago, the European Central Bank rejected a €140 billion loan compensation plan, directly cutting off certain aid channels.

The official explanation is "beyond the scope of responsibility"—the Central Bank's main duty is monetary policy, not fiscal transfers. It sounds very professional, but the timing is intriguing.

What is even more interesting is the game behind it. The frozen Russian assets amount to 300 billion euros, most of which are in Europe. According to "Le Politique", Washington has actually been reluctant to touch this money, privately conveying that they would wait until a peace agreement is reached before dealing with it.

There is another detail: a certain 28-point peace framework mentions that 10 billion can be taken from frozen assets for a reconstruction fund, but the control is in the hands of the United States, and half of the profits must be shared. As for the rest? Returned along the original path.

Money is in Europe, decision-making power is across the Atlantic, and the party that needs funding the most is left out.

The pressure on the books has become very apparent. In the next two years, there will be a funding gap of 90 billion euros, IMF assistance will expire, bilateral agreements are still under negotiation, and all 27 EU member states must approve the new budget unanimously—Hungary has traditionally held an opposing stance, Belgium is concerned about legal accountability (some analyses suggest a potential compensation risk of 185 billion), and Slovakia has simply withdrawn from the discussions.

If the EU summit on December 18 fails to reach an agreement, some countries may have to cut spending, including military budgets, starting in 2026.

The impact of this situation on market sentiment cannot be ignored. The uncertainty of geopolitical factors and changes in capital flows will be transmitted to the pricing of risk assets. The crypto market itself is very sensitive to such macro narratives, and the recent pullback somewhat reflects this risk-averse sentiment.

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ChainComedian

· 5h ago

This script is too absurd, is Europe really stuck in the middle like this? 300 billion frozen assets, yet all the power lies with Washington, it's laughable. The game of money is always the most honest, crypto has already reflected this. The 27 EU countries still need unanimous approval, that Hungarian guy is probably going to pull some tricks again, and Belgium is worried about compensation? This is on-chain, but in reality, it’s all just bickering. If they can’t reach an agreement by December 18th, cutting the military budget for 2026 will truly cause the market to collapse. Those who dare to take on risky assets now are indeed warriors.

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SnapshotLaborer

· 8h ago

The situation in Europe, to put it bluntly, is about the separation of money and power, which makes everyone awkward. --- Playing with 300 billion frozen assets, the U.S. really speaks with a strong tone. --- Wait, we have to split the profits in half? How ridiculous is the cooperation framework written? --- Hungary, Belgium, and Slovakia all dropped the ball, and the internal strife in the EU is really something. --- Next year and the year after, a 90 billion euro shortfall will directly lead to dumping; the crypto market has long sensed the risk. --- The Central Bank's reason of "exceeding its mandate" sounds quite ridiculous, the sensitivity to timing is fully heightened. --- This round of geopolitical maneuvers is indeed lowering the risk assets, which aligns with the risk-averse sentiment in our crypto world. --- The frozen assets issue remains unresolved, and the EU budget approval is still stuck; how to survive until 2026? --- Washington won’t budge, and Europe is left to fumble around; the ones who suffer the most are always the countries in need of money. --- It's true that the military budget needs to be cut, yet in such a tense geopolitical situation, they want to save money; how illogical is that?

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GasWaster69

· 8h ago

It's too extravagant over here in Europe, the money is frozen, and the decision-making power is still in the hands of the US, hilarious. US: I'll help you spend your money, and I want half of the profits. This logic is really absurd, no wonder the crypto market has been agitated these days. Wait, all 27 countries passed it unanimously? Hungary has always been the troublemaker, can this budget really get through? Anyway, the crypto world is falling along with geopolitical tensions, now it's just a matter of who can hold on until after December.

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GateUser-afe07a92

· 8h ago

The money game has started again, and the European Central Bank's operation is really exceptional. Washington is holding the remote while Europe is rolling on the ground, is 300 billion just hanging there? Now the crypto market will have to go down with it... With no one filling the funding gap, how well can risk assets perform? To put it bluntly, it's just a power game, small countries are sidelined, big countries are pulling at each other, and retail investors are catching a falling knife, round and round it goes. If we can't get through this December summit, there will be a spectacle to see in 2026.

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UncleWhale

· 8h ago

Damn, it's the same old trick from the US again, 300 billion euros just to be swayed? It's a game of money, a game of decision-making power. Europe has essentially been sidelined here. You all should have bought the dip long ago. Something's off, this calculation shows Europe is going to take a big hit. The key is December 18th, what can be negotiated? The crypto market has a real sense for this, this wave of risk sentiment has indeed been transmitted.

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StakeWhisperer

· 8h ago

Wow, has Europe really been sidelined? Money is in hand but can't be used, this is ridiculous. Has anyone calculated how much impact a budget cut in 2026 would have on the financing of projects in the eth ecosystem? A typical financial kidnapping, no wonder institutions have been observing recently, who dares to take a Heavy Position under such macro expectations? The US is really playing it well, freezing assets and still sharing profits, Europe just has no say. Wait, is the 185 billion compensation risk in Belgium real? If this lands on-chain, the valuation will definitely be volatile. The crypto market has actually been pricing these things in for a long time, we just woke up a bit earlier than TradFi. A 90 billion gap is not a small number, the euro will probably face pressure again next year.

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ParallelChainMaxi

· 8h ago

Ah, this... internal strife in Europe + control by the US, the issue of money has always been a political issue. The US is using the frozen $300 billion as a bargaining chip, and Europe has to obediently comply, a typical case. With a budget gap in 2026, it's hard to say how the crypto market will price itself... uncertainty premium is going to rise again. If Hungary and Belgium don’t push down this wall, the EU won’t be able to move at all; essentially, they are still waiting for a peace protocol. Return of frozen funds? Forget it, the US will first take half of the profits, and the rest won't go back to where it's needed. This is the real reason why the market will shake again before buying the dip.

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