cyclical

Europe is sinking towards an enormous cyclical contraction, the resilient labour market is testimony to the fact that stagflation remains the most probable scenario in Europe

by BoatSurfer600 Source: Sagar Singh LinkedIn Labour market still remains hot as shortages loom. The stagflation is upon us in Europe. pic.twitter.com/Nyt39eG6JV — The Macro Guy (@SagarSinghSetia) June 28, 2023 Remember 2008? It’s happening again! Some European countries are exhibiting activity similar to the 2008 GFC. The cyclical sectors of the economy are facing a …

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