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Monday, 07/18/2022 10:23:18 AM

Monday, July 18, 2022 10:23:18 AM

Post# of 31586
Gazprom just announced they will not resume gas flows to Germany. They are so toast I can't believe it. How can grown people play with people's lives like they are doing. CCI is Germany is just above 8%, but PPI is >30%. This has got to have serious consequences.

Read this very long article, much of which is above my head. But is it very clear that the EURO is soon to be gone and defaults are going to soar. There is now way they can let central bank interest rates go above 0%. The debt they have is over the top, just like Japan.

https://www.zerohedge.com/markets/collapsing-euro-and-its-implications

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