Posted on 01/25/2024 3:50:49 PM PST by davikkm
As economic challenges deepen across Europe, the Flash PMI reveals a decline in German business activity, marking a complex start to the year. With the headline index dropping to 44.2, the contraction is evident, and in France, the Flash PMI hints at a potential Q1 contraction at its lowest in four months.
Adding to the economic complexities, the UK faces a critical situation, with more than 47,000 businesses on the brink of collapse. A staggering 25% surge in businesses experiencing “critical” financial distress in the final quarter of 2023, as reported by insolvency specialists Begbies Traynor, underscores the severity of the situation. The construction and property sectors are significantly impacted, contributing to the overall rise in financial stress among UK businesses.
(Excerpt) Read more at citizenwatchreport.com ...
“Economic Headwinds in Europe: German and French PMI Indicate Contractions, UK Businesses on Brink of Collapse Surge…”
Take that Russia!!!! We don’t need your SUPER CHEAP energy and other resources, we’ll be fine without them!
See tag line...
The Europeans obviously need to give more BILLIONS to Zelensky to solve these European economic problems. Yeah… that’s the ticket.
Whenever you dig a hole for someone else like Russia, there is always a good chance to end up in it yourself.
They wouldn’t even need Russian gas if they hadn’t pulled what Obama pulled and shut down their own production. Bunch of Left loons.
After BTFP by the Fed, banks are nationalized. What happens after March? Will
It continue?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.