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Troubling Times for Fortress Europa | 76 comments (76 topical, 0 editorial, 0 hidden)
euro depreciation (4.00 / 2)
EU exports return less USD to CB reserves. Less USD reserves produce more expensive USD-denominated "energy". More expensive USD-denominated "energy" produces fewer EU27 commodities for export. Buh-bye surplus.

by Cat on Fri Sep 2nd, 2022 at 08:34:01 PM EST
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Troubling Times for Fortress Europa | 76 comments (76 topical, 0 editorial, 0 hidden)
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