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20 sats \ 7 replies \ @TomK OP 1 Aug 2024 \ parent \ 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 \ 6 replies \ @Satosora 1 Aug 2024
You think its that serious? Banks will need to be bailed out in france?
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20 sats \ 5 replies \ @TomK OP 1 Aug 2024
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 \ @TomK 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 \ @TomK 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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