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Title: Here Comes The Open Revolt: A Reeling Europe Lashes Out At The Fed For "Bringing Us To A World Recession"
Source: [None]
URL Source: https://www.zerohedge.com/economics ... ed-bringing-us-world-recession
Published: Oct 11, 2022
Author: Tyler Durden
Post Date: 2022-10-11 01:21:59 by Horse
Keywords: None
Views: 52

“Everybody has to follow, because otherwise their currency will be [devalued]... this will bring us to a world recession.”

Poster Comment:

Europeans and people in the Global SOuth borrowed dollars at low interest rates. Now the increase in the value of the dollar due to higher interest rates has made it impossible to repay loans at a 30% higher cost.

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