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20 sats
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7 replies
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@TomK
OP
1 Aug
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on: Eurozone Manufacturing Slump Deepens Amid Rising Unemployment
econ
As soon as it's possible. There is a wave of insolvencies coming that will eliminate a lot of supply
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47 sats
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6 replies
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@Satosora
1 Aug
You think its that serious? Banks will need to be bailed out in france?
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20 sats
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5 replies
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@TomK
OP
1 Aug
100%. And german banks, too. They are heavily exposed zo US CRE
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47 sats
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4 replies
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@Satosora
1 Aug
I thought the german nanks were bailing out everyone else?
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20 sats
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3 replies
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@TomK
OP
1 Aug
Nono. They always need state bail outs, too.
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47 sats
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2 replies
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@Satosora
1 Aug
What? I thought they were the most solvent?
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20 sats
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1 reply
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@TomK
OP
1 Aug
Oh no.
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47 sats
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@Satosora
1 Aug
Maybe it is time to borrow from Iceland. I heard they are pretty wealthy.
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