pull down to refresh

42 sats \ 2 replies \ @BitcoinAbhi 30 May 2024 \ on: US Economic Activity Expands Amid Regional Variations: Fed’s Beige Book Report econ
I don't understand why Eurozone is so in a begging situation.
Isn't Euro self sustaining?
write
preview
10 sats \ 1 reply \ @GhostofTruth OP 30 May 2024
Europe is a net energy importer. That's geopolitical a problem and the basis of their colonialism (like net zero)
reply
42 sats \ 0 replies \ @BitcoinAbhi 30 May 2024
Rightly said, I just couldn't think of their energy being imported 100%.
Energy is a must for any country's sustaining modern economics. If they are dependant for energy, I'm afraid they will have to pay a very big price for it in future ⚡
reply