A sudden 20% drop would be catastrophic. Europe could possibly thread the needle but things would be hard for a while, at least causing a multiple year recession.
I’m just explaining to you the material reasons for why Europe bends the knee to the US. What’s your explanation? They’re just dummies?
A sudden 20% drop would be catastrophic. Europe could possibly thread the needle but things would be hard for a while, at least causing a multiple year recession.
I’m just explaining to you the material reasons for why Europe bends the knee to the US. What’s your explanation? They’re just dummies?
No, you’re just expressing your opinion, which you are entitled to.
And I am entitled to disagree with you, while expressing my own opinion.
I guess this is where we agree to disagree.