Just like in 2015, Arnoud states that the financial system is bankrupt and unsustainable. He expects central banks to gain more power through CBDC in order to prop up the system. Whether this will be a big brother scenario is up to us. Arnoud believes that there is already a lot of financial control. The euro was created in a naïve way and we are not in an optimal currency area with the participating countries. However, Arnoud remains of the opinion that there is no alternative. Muddling through is the best thing as far as he's concerned. He argues that cooperation within Europe, despite the cultural differences, is crucial to be able to cope with the threats from outside Europe.
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