According to official numbers, Eurozone inflation hit another new high.
Eurozone Inflation was confirmed at its 11th straight all time high of +9.1% YoY pic.twitter.com/xWPRtJiupO
— Hedgeye (@Hedgeye) September 16, 2022
The European Central Bank has maintained very low interest rates throughout this economic collapse and are only now starting to raise them.
The economic situation in Europe is a disaster and it is only going to get worse because Europe’s political leaders have shown that they are find with sacrificing the welfare of their own countries just to spike Russia. They’re getting bled dry over this.
