Re: Meanwhile in the Eurozone ...
Originally Posted by
JBR
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Indeed. That is why they are so intent on doing all they can to keep us in their prison.
They can't keep it up for ever.
The writing is on the wall.
Germany in recession will mean austerity for all. It's the only thing the 26 can do to keep their economies afloat, they can't print their own money or adjust their interest rates. Germany has them by the bollocks and those debts need to be paid back at some point.
Even more unemployment in the Eurozone is the last thing they need. It's another nail in the coffin.
They still havent recovered from 2008. 11 years of QE and Draghis legacy is "whatever it takes"...
Ouch !