@barray on Wed Sep 14 18:35:02 UTC 2022 said: &e
Ouch, the #eu #ecb is running out of #options , despite increasing #interest #rates , they are still at -7.85% #interest after #inflation https://www.zerohedge.com/markets/peter-.. It means putting your #money into #euros means it vanishes as they #print #money to pay off #interest on #debt , which in turn creates lower #demand . Needless to say, #europe is *fucked.* There is no way out of this.