Monday, January 14, 2019

Problem in Europe

2008 was the year of the American created Global Financial Collapse, GFC.

Many forget that China contributed greatly to save the world from a worse mess that GFC was tracking the world economies.

Now we the possibility of this mess:
http://www.spiegel.de/international/business/germany-prepares-for-an-economic-downturn-a-1246980.html

The question is whether China will help to stem the worse results of this new GFC.

Structurally, there is a humongous problem in Europe with its banks and its financial doings and carrying-ons. Everything is so unhealthy about it - as evaluated and adjudged by its own top people in Europe.



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