:redstar: Spartacus on Nostr: #EU IS SOOOOO FUCKED #OPEC+ cut oil production further. #SaudiArabia has just ...
#EU IS SOOOOO FUCKED
#OPEC+ cut oil production further.
#SaudiArabia has just extended its oil cuts with #Russia following.
This pushes the global economy into an even deeper recession keeping energy prices higher.
However, the #Eurozone cannot function with such cuts. So we will continue to see countries like #Germany continue their economic stagnation and de-industrialization that will lead them with mathematical precision to economic ruin.
#OPEC+ cut oil production further.
#SaudiArabia has just extended its oil cuts with #Russia following.
This pushes the global economy into an even deeper recession keeping energy prices higher.
However, the #Eurozone cannot function with such cuts. So we will continue to see countries like #Germany continue their economic stagnation and de-industrialization that will lead them with mathematical precision to economic ruin.