It looks like we're headed for disaster, as all the data is bad and getting worse, I don't think we can get out of this without a recession, well, a recession worse than the current one.

riberet19

econ

The Eurozone's manufacturing sector experienced a deeper contraction in April, according to the latest data released by S&P Global. The Purchasing Managers' Index (PMI) for the sector fell to 45.7 points, down from 46.1 points in the previous month, marking a continued decline in activity.

The ongoing challenges confronting manufacturers in the Eurozone, particularly the sharp decrease in new orders, highlight the fragile state of the region's industrial landscape.