2/ Inflation in Europe has hit its highest level since the creation of the European Union
Coinciding with near-zero GDP growth, and contracting economies like Germany and Czech Republic pic.twitter.com/LyGf0vWsOg
— Bravos Research (@bravosresearch) October 3, 2023
4/ The U.S. experienced a period of stagflation in the 1970s with core inflation reaching over 13% coupled with an increasing unemployment rate
Overcoming these conditions took over a decade pic.twitter.com/GcVlqrmN2N
— Bravos Research (@bravosresearch) October 3, 2023
https://twitter.com/GameofTrades_/status/1709251398368637069
8/ Bankruptcies have been rising across all sectors in Europe since 2022
And the average across these sectors (dotted line) is at the highest level since 2015 pic.twitter.com/boIDBoaPr2
— Bravos Research (@bravosresearch) October 3, 2023
10/ Despite slowing growth, core inflation in Europe remains stubbornly high at 4.5%
Creating a challenge of a high inflation – low growth environment
And increasing the risk of a policy mistake pic.twitter.com/TTYAxTYtT6
— Bravos Research (@bravosresearch) October 3, 2023
11/ The U.S. made a policy mistake in 1975 when aggressive rate cuts brought interest rates lower than the inflation rate, leading to a second wave of inflation pic.twitter.com/mFoG9GhxAC
— Bravos Research (@bravosresearch) October 3, 2023