In addition to Germany, the Netherlands is now also in a #recession. The eurozone is in dangerous waters, while inflation is also on the rise again. It can therefore be assumed that the ECB will soon loosen its monetary policy in a panic in order to save what can still be saved.

In view of the rapidly rising national debt in the individual countries, we can assume that the ECB will be the institution that, as in previous years, takes this debt onto its balance sheet. This is bad news for the European consumer, as the debasement of money is now likely to accelerate very quickly. The decade of zero or negative interest rate policy has also destroyed the productivity of the economy, leaving bank balance sheets in tatters now that interest rates have risen slightly, meaning that the continent will not grow its way out of this misery.

The decade of zero or negative interest rate policy has also destroyed the productivity of the economy, leaving bank balance sheets in tatters now that interest rates have risen slightly, meaning that the continent will not grow its way out of this misery, meaning that it was impossible to economically tolerate even a slight rise in real interest rates is a very bad sign. It's a sign that central planners in the eurozone believed they could steer an economy, which has failed miserably.