The eurozone industry has now been in recession for 29 months. The only reason this hasn't been noticed so far is that countries in France are creating artificial jobs and demand with a deficit of 6%. If this effect collapses into a debt crisis, the eurozone economy will be finished.
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0 sats \ 0 replies \ @Msd0457890 2 Dec
It's official: Europe's locomotive is heading for recession. The weakness of its industry, harassed by high interest rates and a weakening of external demand, has already become chronic and, although wages and consumption are holding up, the reality is that the Central European nation is in trouble. In this context, a hidden threat is beginning to emerge in its economy with greater force than ever: a wave of bankruptcies that will accelerate the decline of its economy.
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0 sats \ 0 replies \ @flat24 2 Dec
Almost everywhere they are fudging the real numbers, and people 👥 find it harder every day.
Only those who discover and learn about bitcoin are the ones who can see a light at the end of the tunnel.
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0 sats \ 2 replies \ @Satosora 2 Dec
Didnt france have the olympics?
Didnt that help or put them more in debt?
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47 sats \ 1 reply \ @Msd0457890 2 Dec
I don't think that has helped them, the euro crisis and the economy in Europe is something that has been going on for quite some time.
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0 sats \ 0 replies \ @Satosora 2 Dec
I would have thought it brought a lot of tourism, but I could be wrong.
I know it is very expensive to host.
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