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Stockmarket Carnage


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Certainly the market has been turbulent but looking over the med term, the pattern is not unusual and this would be with most of the bad news already factored in, probably including the forthcoming recession across Europe and the UK due to all the free money QE provided. What would really impact would be either an escalation in the war or a Euro bond/inflation crisis which is bubbling away at the moment.  

 

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1 hour ago, ChelseaBoy said:

One explanation is that Germany is producing and exporting much less than it did. 

Heart rending news. Not. 

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1 hour ago, the gunslinger said:

Or it is using it's production domestically. Which it should be. 

German economy was on shaky ground before Putin lost his mind. It suffered more than most from Covid restrictions and had recklessly exposed itself to Russian ambitions. Germany has had it so good for so long but may some awful decisions on the assumption it was untouchable and the good times would roll on forever.

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1 hour ago, Bill said:

Germany has had it so good for so long but may some awful decisions on the assumption it was untouchable and the good times would roll on forever.

Peter Mandelson agrees with that.

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