47 sats \ 8 replies \ @Satosora 1 Aug \ on: Eurozone Manufacturing Slump Deepens Amid Rising Unemployment econ
Its not letting up at all. When do you think they will have to raise prices and pass on the cost the client?
write
preview
20 sats \ 7 replies \ @TomK OP 1 Aug
As soon as it's possible. There is a wave of insolvencies coming that will eliminate a lot of supply
reply
47 sats \ 6 replies \ @Satosora 1 Aug
You think its that serious? Banks will need to be bailed out in france?
reply
20 sats \ 5 replies \ @TomK OP 1 Aug
100%. And german banks, too. They are heavily exposed zo US CRE
reply
47 sats \ 4 replies \ @Satosora 1 Aug
I thought the german nanks were bailing out everyone else?
reply
20 sats \ 3 replies \ @TomK OP 1 Aug
Nono. They always need state bail outs, too.
reply
47 sats \ 2 replies \ @Satosora 1 Aug
What? I thought they were the most solvent?
reply
20 sats \ 1 reply \ @TomK OP 1 Aug
Oh no.
reply
47 sats \ 0 replies \ @Satosora 1 Aug
Maybe it is time to borrow from Iceland. I heard they are pretty wealthy.
reply on another page