The S&P Global Eurozone Manufacturing PMI contracted to 49.8 in July of 2022 from 52.1 in June, pointing to the slowest growth in factory activity since June of 2020. This is the recession we have expected.
EU politics
Bloomberg: A Truly Terrible Idea for Deutsche Bank
A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union. Read here
Austerity
Heiner Flassbeck: Headless into Recession – Why are we so nailed?
Just imagine: A doctor develops an ingenious diagnostic tool that can avoid misdiagnoses in many diseases, but the vast majority of his colleagues don’t want to use it because they think misdiagnoses are just part […]
Climate Crisis
The EU’s Brown Deal: EU lawmakers set to open door for recovery funds to support fossil gas
As we keep repeating, forget all the Green bullshit coming from the EU centre-left parties. The EU’s Brown Deal is coming. Some of the centre-left even voted to include fossil fuels, including natural gas, in […]
Be the first to comment