this post was submitted on 09 Jun 2023
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Euro zone enters recession after Germany, Ireland growth revision (www.cnbc.com)
submitted 2 years ago by gary_host_laptop@lemmy.ml to c/worldnews@lemmy.ml
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[–] chf@lemmy.ml 1 points 1 year ago

well, that is expected

[–] agarorn@feddit.de -1 points 2 years ago (1 children)

Yeah, better raise the interest rates even further.

Oh wait, wasn't a recession the goal of the price hikes?

[–] TendieMaster69@sh.itjust.works 1 points 2 years ago (1 children)

They need the poors to suffer so they can keep their fiat currency strong.

[–] agarorn@feddit.de 0 points 1 year ago (1 children)

Why would that help fiat?

[–] TendieMaster69@sh.itjust.works 1 points 1 year ago

It doesn't actually help.