Crippled by debt, European economy has slowed almost to a stop, report shows. “…a recession would be bad news for the U.S., which sells 20% of its exports to Europe…” And that would be even worse news for Barry’s reelection chances. Lotsa Middle Eastern man-caused-disaster makers are gonna be watching the European economic news and sweatin’ bullets (pardon the expression.)
This post was last modified on January 26, 2021
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Looks like Europe has run out of other peoples money. We are close behind. Now what?
We all need to quit diddlefarting around and quit playing semantics. This is not a recession, it is a Dpression, and it is becoming a world woide depression, just like in the late1920's and 19030's. Unemployment is hovering around 20 % (counting all unemployed, not just those collecting a check) the stock market is teetering, cost of goods and services are rising, the most notable recently is FOOD. I na country that also feeds half the rest of the olanet, we losing ground in producing for ourselves. Transportation is decreasing, savings are non existent, and most of the population is living paycheck to paycheck if they are working at all. Banks are starting to fail. Look around people, and prepare yourselves as best you can. It willtake another world war to fix this depression. The planning is al;ready starting.
Really? So have over 45 million unemployeed people here in the last 3 years. I'm no longer shit shovel ready. I retired.
Due to prolonged socialism, Europe's economy was recently seen riding on the back of a tortoise, shouting, "Wheeeeeee!"
ROFLOL!!!!
The analysis didn't even include Italy or Greece... holy crap batman.