German real retail sales in dec crashed YoY by 6.6! For all those that still buy the state propaganda of growth or a soft landing...surprise surprise - this is a full blown econ depression. Welcome to reality and what happens if You cut Yourself literally off the grids without having alternatives for your nuclear power, coal or gas.
3 sats \ 3 replies \ @notgeld 31 Jan 2023
Probably in Europe things will be different with regard to inflation dynamics.
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0 sats \ 2 replies \ @TomK OP 31 Jan 2023
Yes. They need to be pumping the shit out of the Euro to gain some time before a full blown sovereign debt crisis brings the whole shithouse down
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0 sats \ 1 reply \ @notgeld 31 Jan 2023
But Germans in general behave like nothing suspicious is happening? I mean look at total deposits in banks, they are ATH.
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0 sats \ 0 replies \ @TomK OP 31 Jan 2023
Yes. 100% compliant with the commie state (think of where communism comes from). Like infantiles. I was there for 1 week - a lot of problems with cash withdrawles but nobody is even able to think of liquidity issues in the banking system. Here in Málaga this morning I withdrew smaller amounts to go to the anon ATM but they pushing us further and further to their CBDC. BUT: NGMI! Technically and intellectually the Euro-Commies will be fu..ed sooner than later by economic gravity.
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