The number of bankruptcy cases within the Eurozone has witnessed a significant surge.

November 6, 2023 3:42 pm by CWR

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Probably Nothing! 👀 pic.twitter.com/FQyWLZ01mR

— The Macro Guy (@SagarSinghSetia) November 6, 2023

💶 Correlation between Eurozone’s financial conditions and Euro-area GDP.

Unsustainable divergence!

Suggests downside ahead for GDP, currently at 0.1% YoY, unless financial conditions ease.

H/t: @SvendsenAnders #recession pic.twitter.com/9lNZjexU0i

— Alex Joosten (@joosteninvestor) November 6, 2023

Not looking so good long term!

Boom – Bust! @Maersk pic.twitter.com/p16dl1plB7

— Longview Economics (@Lvieweconomics) November 6, 2023

See also An additional $50 billion has been added, with significant increases expected through the end of the year. This comes as there is no congressional ceiling until after Trump takes office.

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