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Ya'll Nibbiars The economic situation in Europe is currently reminiscent of the beginning of the Great Depression in 1929. And Due to the imbalance within the financial mechanisms that arose after the signing of the Treaty of Versailles, Western economies began to accumulate their debts, only to eventually collapse completely after the crash of the American stock market in 1929.
The beginning of the implementation of the first "lockdowns" in 2020, the process of accumulating debts of Western countries has accelerated sharply the ratio of public debt to GDP within the Eurozone was as high as 97.2 percent. And that due to the high prices of energy products, the European market could become completely uncompetitive, and that it will be much more profitable for consumers to purchase products from other countries. And the Great Depression, Europe began to disappear from the production map, that Western economies have completely collapsed, and trade has been reduced to a minimum, and that under the conditions prevailing in Europe today's.
The rapid collapse of the UK economy is an accelerated version of the collapse of the European economy. The rapid economic collapse that Britain is now experiencing is an accelerated version of what all of Europe will have to go through in the near future. And Given the attacks on the Nord Stream gas pipeline, there is no real way back. The EU will no longer be able to physically import gas from Russia. High energy prices will make European production uncompetitive.
And The Given the attacks on the Nord Stream gas pipeline, there is no real way back. The EU will no longer be able to physically import gas from Russia. High energy prices will make European production uncompetitive. The Thousands of German stores on the verge of closings.
The beginning of the implementation of the first "lockdowns" in 2020, the process of accumulating debts of Western countries has accelerated sharply the ratio of public debt to GDP within the Eurozone was as high as 97.2 percent. And that due to the high prices of energy products, the European market could become completely uncompetitive, and that it will be much more profitable for consumers to purchase products from other countries. And the Great Depression, Europe began to disappear from the production map, that Western economies have completely collapsed, and trade has been reduced to a minimum, and that under the conditions prevailing in Europe today's.
The rapid collapse of the UK economy is an accelerated version of the collapse of the European economy. The rapid economic collapse that Britain is now experiencing is an accelerated version of what all of Europe will have to go through in the near future. And Given the attacks on the Nord Stream gas pipeline, there is no real way back. The EU will no longer be able to physically import gas from Russia. High energy prices will make European production uncompetitive.
And The Given the attacks on the Nord Stream gas pipeline, there is no real way back. The EU will no longer be able to physically import gas from Russia. High energy prices will make European production uncompetitive. The Thousands of German stores on the verge of closings.
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