Some Europeans are barely surviving?

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For a second I thought the Youtube heading said: "People resorting to cannibalism". 😛
 
Not sure if doomsday prepper youtubers are the source you want to see how an entire continent is doing giving they only talk about doomsday events...
But yeah, Europeans are f-ed for the foreseeable time, but nothing that they did not call over themselves.

Also not sure where she is getting 18 EUR for 4 chicken breasts from in Austria, I mean those chicken breasts must be 0.5 KG each.
 
Simon4466 said:
Also not sure where she is getting 18 EUR for 4 chicken breasts from in Austria, I mean those chicken breasts must be 0.5 KG each.
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i agree totally, some youtuber's make money out of claiming doomsday is coming!

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Its gonna be turbo fun to watch the euros go 'reeeeeeee' mode this winter from the beach im at rn

will they learn the lesson to not be woke and think things tru next time? prolly not but that will make it even funnier
 
TheCryptoAnt said:
Its gonna be turbo fun to watch the euros go 'reeeeeeee' mode this winter from the beach im at rn
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ECB will eventually have to do something
this something will not be any pleasant and they have pretty limited options but it's hard to believe they will stay as passive as they have been so far and let EUR/USD fall to 0.85 where it's slowly heading, don't you think so?
 
void said:
ECB will eventually have to do something
this something will not be any pleasant and they have pretty limited options but it's hard to believe they will stay as passive as they have been so far and let EUR/USD fall to 0.85 where it's slowly heading, don't you think so?
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Thing is the ECB has its hands very tied in this situation.
Raising rates will make countries like Italy very likely to not be able to service their debt.

Imo whats most likely to happen is

A) The EU will have to reach a deal with Putin somehow.
EU citizens wont put up with the current situation for long, specially when real winter hits.
This will most likely include something on the likes of 'sanctions easing'+accepting Crimea as part of Russia proper+some other concessions regarding the other regions.

B) The FED will buy EUR bonds to help the euros not crash their currency.

The US doesnt really want this to end imo as they are making bucks by selling guns to UA and even tho most people thing the 'Aid' they are sending is a gift, in reality they are loaning the money.
Pair this with the US not really suffering much from this situation in comparison to Europe.

Sorry for the block of text, this topic is really complex and I tried to summarize as much as I could.
Prolly multiple typos too.
 
TheCryptoAnt said:
B) The FED will buy EUR bonds to help the euros not crash their currency.
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This will not happen anytime soon. Biden is not Trump, there will be no claims of an artificial undervaluation.
For the US a weak Euro is not a big problem. Because on the other hand energy gets ever more expensive for European manufacturers, hence price competition is limited.
 
Simon4466 said:
Why would they? A weaker EUR may create a stronger USD as people will take their investments outside of Europe.
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Your allies being poor is a bad idea.

backpacker said:
This will not happen anytime soon. Biden is not Trump, there will be no claims of an artificial undervaluation.
For the US a weak Euro is not a big problem. Because on the other hand energy gets ever more expensive for European manufacturers, hence price competition is limited.
Click to expand...

Same as above, letting Europe dry only creates issues for the US.
 
TheCryptoAnt said:
Your allies being poor is a bad idea.



Same as above, letting Europe dry only creates issues for the US.
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The EU is irrelevant.
EU is only there to weaken Russia and the quick raise of USD interest is to weaken china making that people who borrowed USD and exchanged for CNY to get higher interest rates will be forced now to exchange back to USD and suck out liquidity from china
 
TheCryptoAnt said:
Your allies being poor is a bad idea.
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These so-called allies are already poor. They just do not know yet.
For the US it is much better to push them a bit further down the drain. That way they come and beg even more (and the US can push it's agenda).
What do you think how it works with developing countries (aka Third World) and how the US keeps them under control .....
TheCryptoAnt said:
Same as above, letting Europe dry only creates issues for the US.
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Nope. It brings Europe back under full US-control. An economically strong EU was about to emerge with its own (ill-fated) ideology. That has stopped and Europe will become again a total vasall of Washington.
 
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