Eurozone sinks into recession as cost of living crisis takes toll

Eurozone had sunk officially into an recession.

This comes after the EU had pushed energy sanctions agaisnt Russia.
Even in the article it states.

triggered a sharp increase in gas prices

They dont to admit it was the sanctions that triggered a sharp increase in gas prices.
After they pushed 10/11th sanctions agaisnt Russia.

When they claim that the Eurozone inflation eased or is easing, they are likely not showing the full picture/reality of the economic consequences.
Eurozone sinks into recession as cost of living crisis takes toll

People are in a denial of a very severe Depression. It is funny money that is keeping many countries afloat these days.
Example is this... find out how many are govt. assistance in you country and include all VA disability, retirement pensions, SSDI and SS and whatever else is free or entitle too.

Does Mexico have welfare?
Does Japan have welfare?
Does the Philipines have welfare?

I thin Singapore has old age welfare with apartment.

I went to a very large tourist town for a funeral last weekend. Monday evening there was no place to have a burger and a beer. Everything was closed for Monday and Tuesday for lack of help. It was a very quiet weekend there.

a reply to: mikell

That's sad...usually a lot of restaurants are closed on Mondays and or Tuesdays though, as their 'weekends'.

originally posted by: mikell
I went to a very large tourist town for a funeral last weekend. Monday evening there was no place to have a burger and a beer. Everything was closed for Monday and Tuesday for lack of help. It was a very quiet weekend there.

Sounds like outside the gates of Walt Disney Land ?

a reply to: vNex92

How many threads are you going to make about this?

Respectfully any measure of the economy in a region where one country has invaded another in an SMO, as well as coming off COVID has 2 strikes against it. Give it time the more Leopard 2s, Russia destroys the more they will have to be replaced and eventually, those MIC euros will trickle down to the masses, probably by the end of year 3 if not year 4 but certainly by year 5.

a reply to: putnam6

One Country had started a regime change and pushed its state officials to push a country into a proxy war with Russia.
To Prepare Ukraine with Proxy War with Russia

originally posted by: vNex92
a reply to: putnam6

One Country had started a regime change and pushed its state officials to push a country into a proxy war with Russia.
To Prepare Ukraine with Proxy War with Russia

Are we discussing the European economic recession or ancient history and dead RINO politicians?

a reply to: putnam6

The latter. Guessing no discussion, either?

a reply to: vNex92

Of course, Russia has not started a War for regime change?