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Podcast: Thorsten Polleit
Episode: Ep. 347 | HOW THE EU WANTS TO ‚MOBILIZE‘ PEOPLES‘ LIFETIME SAVINGS
Description: Last week, European Commission President Ursula von der Leyen's announcement of a planned "Savings and Investment Union" caused widespread concern. She stated that the EU aims to mobilize peoples’ savings for urgent investments, such as infrastructure, climate, defense, etc. For many savers, this sounds like a threat—an indication that the EU and its member states intend to “redirect” peoples’ savings or, effectively, expropriate them. Unfortunately, this concern is not entirely misplaced. In his podcast we explore how this could unfold. Recorded on 26 March 2025.
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