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Comments by "" (@HShango) on "Will Europe Enter a Recession?" video.
On top of that we've got an over-heated housing market in the west, we are in serious trouble.
5
That's true to an extent, since governments run on a debt driven economy and quantitative easing (printing money literally out of thin air lol) but that inflated never helps the citizens of one country, it will get spent elsewhere
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We are going into a global recession, it is not just Europe in serious trouble.
1
Exactly
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Interest rates ending will not stop the global recession, Ukraine & Russia have to stop fighting eachother (Ukraine the bread basket of Europe & the world) so it's needs to stop and EU 27 need to completely stop buying russian resources.
1
Boom & bust cycle (I hate it so much)
1