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  • Eurozone growth slows sharply to 16-month low in June as demand stalls and price surge continues

    From pmi.spglobal.com

    Eurozone economic growth deteriorated sharply to a 16- month low in June, according to preliminary PMI data, reflecting a stalling of demand growth. Manufacturing output contracted for the first time in two years and service sector growth cooled considerably, easing most notably for consumer-facing services. Companies also scaled back their business expectations for output over the coming year to the lowest since October 2020. Both the stagnation of demand and worsening outlook were widely blamed on the rising cost of living, tighter financial conditions and concerns over energy and supply chains linked to the ... (full story)

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  • | IP XXXX:ad59:2ee1
Economic disaster is more real than climate disaster,
Unfortunately the rate hikes and induced recession will claim lives via suicide, the world ending will come them not via the cataclysmic end via climate change rather the despair of not making ends meet, 401k drying up, Crypto loss or accounts burned up to $0 or worse, accounts owing $$$.

The WEF, IMF or any of the Central Banks don’t tally that human loss.
The pandemic claimed many via suicide, this will claim more!
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