Europes Powerhouse is Collapsing, Threatning to Crash the Global Economy
Europe’s Powerhouse Is Collapsing, Threatening To Crash The Global Economy
Sean Foo: 5-27-2023
Europe's largest economy, Germany, is officially in recession. This disaster is self-inflicted by bad economic policies plus the lack of cheap energy.
However, this crisis threatens to spread to the rest of Europe which could take down the global economy if things get bad enough.
Germany is deindustrializing and here's why there's more pain to come, especially for the EU.
Timestamps & Chapters:
0:00 Germany Is In Recession
2:42 German Industries Are Crashing
5:20 Even China Can't Save The Germans
8:45 The EU Is Next
11:43 Global Recession Signal Flashing Red!
14:06 This Is The Big Winner
16:37 A Deflation Spiral Is Coming