BRICS

Recession Looming in Europe

Recession Looming in Europe

Published by Philippe Herlin | May 12, 2022 | 28584

Christine Lagarde's denial, its refusal to raise the key rate, and its apathy towards inflation, will prolong the weakening of the euro against the dollar, thus creating an additional cause of inflation (raw materials being paid in dollars, the fall of the euro mechanically increases their price)...

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