Due to inflation and disrupted supply chains, experts predict an imminent downturn. And the recession is likely to last longer. Because the time of cheap money is over, so not all companies get the funds they need.
The recession is coming – fast and relentlessly.
https://www.welt.de/wirtschaft/plus24047...ssion.html
(15-08-2022, 03:44 PM)cityhantam Wrote: [ -> ]Cham!
Chiak liao bee leaders!
It is all the U.S. fault, it gets EU into trouble and made tons of $$$ from their pain, and brings all the wealth back to the US to save American economy. Now you know why Euro drops sharply.
(15-08-2022, 03:48 PM)lvlrsSTI Wrote: [ -> ]It is all the U.S. fault, it gets EU into trouble and made tons of $$$ from their pain, and brings all the wealth back to the US to save American economy. Now you know why Euro drops sharply.
USA set up the trap.
European leaders stupidly and willingly fell into the trap!
(15-08-2022, 03:55 PM)cityhantam Wrote: [ -> ]USA set up the trap.
European leaders stupidly and willingly fell into the trap!
Correct lah, Ukraine War is a trap
If Germany falls into a recession, EU is finished …Germany and France provide huge funds to feed every EU member every year, once the funding stops, how long can the small countries survive? As a result Italy will be bankrupted as Germany can no longer give free money to support Italy’s economy and welfare system anymore.