Engine of Europe in trouble. But its the PIGS that will be royally screwed.
BREAKING: #German economy enters recession as first-quarter GDP data is revised lower.
Europe's largest and most important country is in recession. I doubt that the ECB can continue its rate hikes even though inflation is still on fire. Brrrr: https://www.cnbc.com/2023/05/25/german-economy-enters-recession-as-first-quarter-gdp-data-is-revised-lower.html
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