The winter of Europe, caught in the grip of inflation and the economic crisis.
23/09/2022 19:53 • MACROECONOMICSEurope ?? is preparing for a potentially difficult winter 2022/2023.
During previous #world wars, #Russia has always exploited the coldest months to its advantage, therefore their strategic move with gas, was very likely.
Basically, now that winter is approaching and Putin has cleverly disconnected the #gas, economically #Europe has 2 ways to go:
A) impose a ceiling on the cost of bills, and let the governments pay the rest, PRINTING money, in a coordinated and massive way.
B) Leave the population to themselves, thus causing #social unrest and perhaps even riots, as many will simply not be able to pay.
We are entering a key moment ?, where central banks will have the complex responsibility of deciding between the fate of FIAT currencies and that of their #population.
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