Take Germany as an example.
You cite its current inflation at 2.4% as being hunky dory.
Of course even blind Freddy realises that Germany (the economic engine of the EC)
is in severe economic strife and not only on the brink of economic recession but
also a corresponding move to the Right politically :
Again you are cherrypicking stats without context...yet more bigotry, IMO, mate
FYI: German competitive advantages in engineered commodities relied on
. a high degree of automation (Capital & Energy intensive) and again
even Blind Freddy can see that the energy price spike in business inputs
has gutted German manufacturing and consequently the German economy.
PS: If the use of the USD has been "minimised well before this war" (your words)
then why did the USA lead sanctions the use by SWIFT by Russia in trade?
The tectonic shift away from the USD and its institutions by the BRICS happened post this
war......the previous shifts were very gradual over time led by China.
- Forums
- World Politics
- Russia Ukraine war
Take Germany as an example.You cite its current inflation at...
-
- There are more pages in this discussion • 5,047 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online