Bulgaria to enter EUROZONE trap
The Duran Podcast
The Duran
4.5 • 738 Ratings
🗓️ 11 June 2025
⏱️ 19 minutes
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Summary
Bulgaria to enter EUROZONE trap
Transcript
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| 0:00.0 | All right, Alexander, let's talk about what is going on with the Eurozone and its newest member, |
| 0:07.7 | starting on January 2026. |
| 0:12.2 | Bulgaria will be adopting the Euro. |
| 0:17.1 | Big mistake. |
| 0:18.8 | What a big mistake for Bulgaria. Well, Alexander, your thoughts. Real quick, the people are going to be crying. The politicians and the oligarchs are going to be laughing and smiling. |
| 0:33.6 | Your thoughts. |
| 0:35.6 | Well, you said newest member. |
| 0:38.4 | Why not say the truth, new as victim? |
| 0:41.7 | Because that is what it is. |
| 0:44.7 | The fascinating thing about this is that you put it exactly right. |
| 0:49.3 | The oligarchs, of which Bulgaria, by the way, has oligarchs, to be absolutely clear. You know, |
| 0:56.4 | Bulgaria. I mean, I know Bulgaria very well because I have family connections in Bulgaria. |
| 1:03.5 | Bulgaria has oligarchs. It has a very, very tightly controlled and at the same time, deeply polarized political system, that elections |
| 1:15.8 | don't happen in the kind of atmosphere, free atmosphere, that ideally you would like them |
| 1:22.9 | to happen. The sentiment amongst a large section of the Bulgarian people, almost certainly, |
| 1:32.7 | in my opinion, a majority of the Bulgarian people, if this was, if this discussion were to |
| 1:40.7 | happen in a free and open way, would be to strongly oppose this thing. |
| 1:48.0 | The oligarchs, of course, in Bulgaria will do extremely well because they'll be able to take their money in and out of Bulgaria as they choose. |
| 1:57.0 | They'll be able to have their money in euros. The Bulgarian values will be |
| 2:05.3 | tied to the euro. They will make, exactly. They will make themselves immensely rich and they |
| 2:15.4 | will be able to borrow in euros from European banks at European interest |
| 2:21.6 | rates and they'll be able to do those things. And of course the politicians that they control |
... |
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