European Economics Thread

[SanWenYu]

Mobile phones in EU will become expensive paperweights if the energy crisis keeps worsening.

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“曾经不可想象的事情可能会发生了。”路透社在29日的报道中发出警告，在目前的能源危机下，一旦今年冬天欧洲爆发断电或能源配给问题，欧洲的部分移动通信网络将可能中断。当地电信行业高管坦承，数十年来欧洲一些地区被稳定的电力供应“宠坏了”，许多国家并没有足够的备用电力系统来应对大范围停电，这进一步增加了手机网络中断的风险。

 

[KYli]

It simply is not enough to put a dent on the coming recession.

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[BlackWindMnt]

It simply is not enough to put a dent on the coming recession.

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Dam its so weird to see a higher euro amount becoming a smaller dollar amount(200 --> 194).
Who would have though shit would go so fast downhill in the 2020s here in europe.

 

[ficker22]

Dam its so weird to see a higher euro amount becoming a smaller dollar amount(200 --> 194).
Who would have though shit would go so fast downhill in the 2020s here in europe.

Kinda like last century

 

[tygyg1111]

Kinda like last century

Zimbabwe laughing in the sidelines

 

[Overbom]

 

[Jiang ZeminFanboy]

https://twitter.com/i/web/status/1576140350388727808

 

[ACuriousPLAFan]

https://twitter.com/i/web/status/1576140350388727808

How would the Credit Suisse crisis/collapse affect the economy across Europe, and globally in general?

A repeat of the 2008 GFC? Or worse?

 

[ficker22]

View attachment 98535

@BoraTas ,@BlackWindMnt hope you doin fine

 

[Overbom]

How would the Credit Suisse crisis/collapse affect the economy across Europe, and globally in general?

A repeat of the 2008 GFC? Or worse?

If they collapse, they will get a bailout. I don't think a GFC repeat will happen (famous last words)