Quote from: Joshapat on Today at 10:06:20 AM

Many analysts believe that economic recession today occurs because of the influence of the Russian vs Ukraine war, may be true because the war has a strong economic impact, many investors are afraid of putting money on investment, and choosing short -term investments and this is what we fear because the economy will move negative.

Talking about recession, this is what one of the leading German economists have to say:

https://www.reuters.com/markets/europe/german-recession-increasingly-likely-bundesbank-says-2022-08-22/

Quote

A recession in Germany, the euro zone's biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at more than 10% this autumn, the Bundesbank said in a monthly report on Monday.

Quote from: pooya87 on Today at 06:25:30 AM

Possibly after a bunch of gas hungry industries around Europe shut down and millions lost their jobs, the demand could decrease by 15%. Tongue

LOL.. Europeans deserve whatever coming on their way. For many decades, Russia supplied them with cheap natural gas, which enabled them to become the industrial powerhouse of the globe. And then all of a sudden they got the idea of waging a proxy war with the hand that feeds them. Till now, the EU member states have supplied tens of billions of USD worth of weapons to Ukraine, which is used against the Russian army. And the funny thing is that the Europeans are complaining when the gas supply from Russia is reduced.