After Europe's Minsky Moment "Where $2 Trillion Of German Value Depends On $20 Billion Of Russian Gas"
"Bretton Woods III is destined to happen. Its already happening."
Poster Comment:
Zoltan is a Wall Street Wunderkind of Finance. Minsky Moment is named for Harvard economist Hyman Minsky who said, "Minsky Moment is when you sell your good stuff to pay for the bad." Obviously, Germany is going down because they want to cut off all Russian natural gas.
#1: Esso To: Horse, 4um (#0)
Esso posted on 2022-08-28 21:58:10 Reply Private Reply
#2: BTP Holdings To: Horse (#0)
Germany needs the gas for so many things in industry and farming (fertilizer).
The Netherlands is in similar shape, and they provide a lot of dairy products to Germany.
BTP Holdings posted on 2022-08-28 22:04:03 Reply Private Reply