European Economies Limp into 2023

[Peter1469]

Join the cub.

European Economies Limp into 2023



The European Union’s economy shrank slightly in the final quarter of 2022. It could have been worse. Most countries tolerated the sharp rise in energy prices without a major hit to growth. Employment also climbed slightly in both the eurozone and the EU.


However, the economic downturn is most severe in the countries of Eastern Europe, which are more affected by the Russia-Ukraine war. Poland saw the largest GDP drop, though the Polish labor market remained stable and industrial and construction output increased compared with the third quarter. It remains to be seen how well Europe will withstand monetary tightening, the war, and warning signs in the banking sector, among other things, in 2023.

[carolina73]

And their banking sector is certainly in worse shape than the USA's.

The fools and their green energy and socialism. They promise to take us all with them.

[Peter1469]

And their banking sector is certainly in worse shape than the USA's.

The fools and their green energy and socialism. They promise to take us all with them.

It works the other way. Our economy affects theirs much more than the reverse.

[carolina73]

It works the other way. Our economy affects theirs much more than the reverse.

But liberalism/socialism and these wacky policies flow from Europe.
The European way is what Bernie and his followers want us to follow.

They promise Americans they will be so much happier if we were like these countries. They don't tell them the happiest European countries are the highly medicated ones.

Bad ideas are Europe's most prominent creations.

[Peter1469]

But liberalism/socialism and these wacky policies flow from Europe.
The European way is what Bernie and his followers want us to follow.

They promise Americans they will be so much happier if we were like these countries. They don't tell them the happiest European countries are the highly medicated ones.

Bad ideas are Europe's most prominent creations.

And something else came from Europe that Trump glammed onto: nationalist/populism (with a conservative bent).