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20 sats \ 5 replies \ @GhostofTruth OP 1 Aug 2024 \ parent \ on: Eurozone Manufacturing Slump Deepens Amid Rising Unemployment econ

100%. And german banks, too. They are heavily exposed zo US CRE

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47 sats \ 4 replies \ @Satosora 1 Aug 2024

I thought the german nanks were bailing out everyone else?

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20 sats \ 3 replies \ @GhostofTruth OP 1 Aug 2024

Nono. They always need state bail outs, too.

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47 sats \ 2 replies \ @Satosora 1 Aug 2024

What?
I thought they were the most solvent?

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20 sats \ 1 reply \ @GhostofTruth OP 1 Aug 2024

Oh no.

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47 sats \ 0 replies \ @Satosora 1 Aug 2024

Maybe it is time to borrow from Iceland.
I heard they are pretty wealthy.

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