Energy Crisis, High inflation- Europe slips towards recession | Economy | WION Business News

[@BenjaminMcLeod815]

The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.

[@Alejandracamacho357]

@Bridget HernandezEven if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one's job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls

[@ElTokeMaestro]

Just declare bankruptcy

[@mekaniko4860]

Effect of sanctioning Russia

[@egbertandrew8435]

@NATO in discussion a free mind Do you predict Collapse of Nato Do you predict fallout of States in US

[@DiogoJ1]

@@egbertandrew8435 NATO won't collapse though.

[@egbertandrew8435]

@@DiogoJ1 Bro thanks but I want the Input of the expert Nato power

[@DiogoJ1]

@@egbertandrew8435 What you want is not my concern.

[@egbertandrew8435]

@@DiogoJ1 Why did you Bother to reply then

[@Patriciacraig599]

Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming

[@Robertgriffinne]

This period of inflation how ever long it may be takes away comfortable living in your twilight years. Not many people seem to be upset about that…

[@Natalieneptune469]

[@instinctively_awesome8283]

[@marianparker7502]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’Nicole Ann Sabin ’’ a financial advisor who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals.

[@Robertgriffinne]

@@marianparker7502 Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

[@krishkrish42]

It is called kharma. You Europeans leaders behaved like stooges to US instead of taking care of your people. If you would have behaved like India, you wouldn't have had this kind of situation.

[@mariav4097]

Its a worldwide thing. Evil corrupt goverments been doing this a long time

[@williamh.gatesiii8183]

If they listened to Trump they'd be in better shape, so no.

[@ninamo7969]

European leaders have failed millions of people tremendously, but India is certainly not better. The poverty in India is far worse than that of the poorest European countries.

[@krishkrish42]

@@ninamo7969 hehehe! Give me the data before you speak.

[@patrickformert8460]

They sanctioned themselves these fools

[@apextroll]

You know yourself the pipeline is broken and in need of maintenance Russia can't afford to fix. Europe must look elsewhere.

[@torrent1615]

@@apextroll You do know there is a second pipeline called Nord stream 2 that is fully functional.

[@apextroll]

@@torrent1615 Strange that Russia isn't offering that new pipeline as an alternative to the broken pipeline.🤔

[@neilc4544]

Winter is Coming ‼️

[@chicxulub2947]

Hunga Tonga!!

[@bernkoh343]

Recession + Winter = Protest

[@UMS9695]

Followed by revolts!

[@shubhamsingh6774]

Civil wars to

[@jeyapragashyoganandmurugia5688]

American secret mission is fulfilled.

[@thedarkdragon1437]

start? It already is in reccession ever since the war started

[@Korovkin_Pavel]

@NATO in discussion a free mind gas prices rised over 1000(3x times normal) in autumn of 2021 and up to 2500 in January, so crysis came before the conflict.

[@ninamo7969]

@@Korovkin_Pavel Indeed! Energy prices were already rising like hell since april 2021. There's no need for the prices to be so high. Energy companies abuse their power to get filthy rich and don't care how many lives they ruin doing so. For them is the Ukraine/russian war an ideal reason to profit even more.

[@stanleymabena3696]

This is what Americans wanted, the problem is that Europeans politicians didn’t see it coming, the weak Europe is beneficial to American Economy.

[@mariav4097]

The worldleaders are all in this together. They got an evil agenda

[@fortunatowenceslao5340]

Served them right! LeZz go.

[@DiogoJ1]

Serve them right for what? For opposing Russian sinners?

[@gazazhou9387]

We have several countries affected by gas shortages in Europe including France. Collectively, would they all offer labour support or help with other solutions such as African water shortages and geo thermal? Mission being heat for homes in winter. Floods should have kept people moving even. Unfortunately, waking up fresh every morning, we have to deal with these missions. Whether we like it or we do not. Because we are tough enough to survive all this.

[@DonJuanDM]

EURO is the weakest currency compare to USD, GBP, AUD because of the NIRP. NIRP forces the ECB to continue to print without any possibility of tightening. Big corps will not park their money in Europe because of NIRP which is *guarantee* lost. That means ECB have to buy all the bonds that no big corps will absorb. Also ECB cannot let it mature, they have to keep buying because again no companies buying it, otherwise other european countries have no money to fund the government. All those years of NIRP have made ECB accumulated so much debts that they cannot possibly raise rate and they destroyed the pension funds. US and UK are still in +ve rate territory, so there will be big corps park their cash in the bond market. So the central bank can afford to tighten by raising rate, hence these currencies are relative stronger. USD will be the last game in town.

[@MrAriish]

This is why you don't challenge russia when u don't have natural resources

[@starcorpvncj]

Too many UK lockdowns with no productivity while Boris and his elitest friend partied the night away.

[@lifeinjapan3468]

That's Bizarre!

[@sorenutube]

Every Euro we used to buy cheap chineese goods will nowbe used on expencive energy, preferably not from Russia. This way Russia stomps not only it´s own, but also chinas, economy. Everything is interconneced. Putin remains, however, a master strategist.

[@Bdjdjsjsdbxnsiwnf]

“The recession could start in Europe” The U.S. is in a recession..

[@marcelbrouwer2182]

depresion

[@user-xr4bo3ln6f]

yes let's change the definitions so that we won't look like losers ....

[@Trendz-w5d]

Europeans going to fight with their own members later😂😭

[@italy8795]

Yet we are the richest continent 🤪🤪

[@Trendz-w5d]

@@italy8795 your future will be more brighter 😭😂

[@xzing7]

@@italy8795 Without AFRICA Europe is 3rd world continent

[@johnwill8350]

Have you seen the worth of Indian rupees? 😂 It is always funny when Indians talk about European economy, we could buy India 10 times

[@boros123]

@@Trendz-w5d he is paxtani

[@sergeysergeevich1615]

No.4 US military industrial complex getting billions of contracts for years ahead, so powerful rise of american industry making dollar stronger

Wion (this news network) reported that lndia lost 45 Trillion. They also reported that since 2001, China gained 120 Trillion and became the richest country in the world. Wion: At $514 trillion, China overtakes US in terms of amassing the biggest net worth Gravitas: How Britain Looted $45 Trillion From India

[@anandsuralkar2947]

then many times say numbers in indian rupees u r getting confused ur fault

[@VaibhavSharma-zj4gk]

Thank your for reminding in every video..I likeyour dedication...keep the people updated with truth...

[@SomeOneOneOne]

** Buys a loaf of bread for 10.000€ ** 😭

[@johnwill8350]

In India a loaf of bread costs 75 cent. In Germany a Brötchen costs 55 cent. German income is 1400 Euro. India it is barely above 400 dollars

[@Nethuus]

Great ...

[@nixdapogs]

Football is called Soccer now

[@gilpyeongchae1552]

US is smiling, business is booming.. 😎

[@Shaddowkhan]

Why does this reporter omit the word The?

[@ranstan814]

Putin AKA peter the GREAT

[@ranstan814]

Europe should have showed recpect to Mr PUTIN

[@DiogoJ1]

There's no respect to give to filth like Putin.

[@manofmatter.yvezchannel]

Euro! Welcome to Asia Currencies!

[@DiogoJ1]

As if.

[@anukratisingh]

Finland pm dance can definitely save them. Like normal people 😂

[@ZeevYisrael]

Judgement of The Wicked.

[@DiogoJ1]

Putin is the wicked one.

[@justiceshallbeserved285]

Ukraine war had made many european politician and billionaires and high ranking police officials bankrupt. There were largely 5 heavens to stock illegal money. Swiss, monaco, Luxembourg, U. K and ukraine. Swiss was under news few years aback and under radar hence it is low choice zone now, uk brexit made conflict of interest, monaco and Luxembourg have limited places, ukraine was the blue eyed zone, hence all Western world is crying.

[@andresdeks]

UK got out just in time brexit...

[@ninamo7969]

Really! People in the UK are struggling even more to pay their bills. They recently protested against their gouvernement who did/does next to nothing. Brexit has also had negative influence on the Uk economy before this energy crisis. Many Brits regret they've voted for Brexit. It's a fact though that the European union doesn't work.

[@harcık368]

USA has racial problems, high criminality, horrible quality of food, car dependency, homeless people rising, tent cities, hunger, poor people getting more poor, rich getting more rich, drug use, poor drinking water quality, 331 million people but only 2 political parties to choose from, nightmare public transportation, globalisation, ultra-capitalism, greed, neo liberalism, same sex marriage, horrible health insurance, cash (freedom) disappearing cards and digital money being used, no social system, high police brutality, making wars against all countries including Southern States, atom bombed Japan, inside job pearl harbor and 9/11, churches owned by zionists, lobbyist, zionists/masonists controlling all politics since the beginning. 🇮🇱🇺🇸🇮🇱 Europe takes this country as model.

[@stoundingresults]

Compared to what other country? Which do you recommend?

[@kevinfadriquela7639]

Dollar is laughing

[@clementnathaniel1490]

Because the Europeans leaders are not wise enough to think of their interest instead of the interest of the American who expand NATO forces to Russia border 🇳🇬🇪🇸🇺🇸🇿🇦🇬🇧

[@devsanjay7063]

Euro 💶 😀😀😀😀😂😂😂shining period over dollar 💵 rising once again

[@chrislambert9435]

Inflation is from one place and one place only, it is from "government" working with central Banks to Print money and distribute this cash (mainly on bailing out Banks) through so-called quantitative easing, the present Government spending schemes will cause more Inflation (the curse of cheap money) Whats been mainly driving house Prices up was low interest Rates and a tsunami of readily available stream of cash. Government Ministers mostly think that "Inflation is something related to Bicycle Tires" They drive us around the bend (on rubber flat tires) giving out misleading and deceptive statements

[@easwaransanthakumar297]

General Winter is on its way.

[@Harris.S]

Oh my God 😭 😳

[@kk-go9tn]

US plan succeed after bringing euro below US dollar 😉

[@kisahfana]

europe never wrong, never. it must be somone else, rusia, china, iran or else. not europe europe never wrong.

[@chucklemon6748]

THE ECB IS STUFFED

[@aioniansage6081]

Maybe India can give them a loan ?

[@payaljoshi4001]

Europe is still importing Russian gas through China paying more premiums,,😀

[@gazazhou9387]

And they want to put on military working uniforms. Others put on uniforms. And they are not all worthy of those very hard working uniforms.

[@roberthicks9191]

Maybe Russia needs new leadership and peace will return

[@gazazhou9387]

The world will always have problems. We may have solutions worth implementing.

[@baijuthakar]

Only urgent group savings can save , stop use of petrol , stop all long planning projects & follow to concentrate only on current problem......here societies, temple committees , church committees , social NGO groups will feed everyone & mass prayer meets will have dinner meets to understand & discuss next day plans STOP parties & help communities.......🇮🇳🇮🇳💯💯🙏🙏🙏🙏🙏

[@dayrise7211]

No more recessions they will come back with India

[@nigelkingston7698]

Ursula vonderlyn wants someone to loosen up her buttons.

[@drivex6761]

U will expecting recession indeed 1 extra digit for energy bill in next spring wont be pleasant No clue for some debt trapped members Many nation will be default at last in next 2 year though Its great reset after all -_-

[@davidwong1848]

🇪🇺 EU is all 🆗 for Ukraine 🇺🇦 😂 🤣 😂

[@ins8351]

In Russia, gas, gasoline and electric energy are very cheap. Come live in Russia. Very soon Europe will consist of very poor countries.

[@blakespower]

but we have to support Ukraine as they drag this war out for years, its like a horse that broke its leg its not worth saving

[@boros123]

vacancy available for bangladesh sweepers in India

[@boros123]

@NATO in discussion a free mind vacancy available for bangladesh sweepers in India

[@boros123]

@NATO in discussion a free mind nobody wants to be like your mommy 🤣🤣🤣

[@suhas775]

These are the people who wanted an economic war against Russia on america's request, hope you guys are having fun losing your essentials 🤣🤣

[@gazazhou9387]

All the athleticism is not the only workout. Neat to be doing back flip summersaults all day. And hanging out with soccer moms. But that is not the work. And all these non workers should not be complaining about a thing. I am a working bee. My money works best between other working bees. Not much of a show boater. My personal fitness levels is for me. So that I can perform better at my physically demanding J-O-B. A typical amortization of 25 years, all these fit potentials, and you can't them to do anything. Not even to develop more life skills. When am I going to call somebody to soccer ball my home? Football my car? Plenty of recordings to watch. All those areas of no colleges, apprentices may be valued greatly.

[@gazazhou9387]

Never stop learning. Learn more skills.

[@gazazhou9387]

"Dude, ever operate a pipeline welder?"..."No, but I'll try."..."Great! Here is your pay!"..."Thanks! More than I made in 25 years!"

[@royjack2266]

😪😪😪😪😪

[@bibinkunjumon]

HW is it now ...le Putin ..enjoy

[@rakeshp1666]

Man made crisis

[@boros123]

paxtan 🇵🇰 beggar champion 🏆🥣🐷

[@andrew_lawrence]

Hope so 🇵🇰

[@hellonoitsfine9681]

Indians stop trying to harm in bangladesh

[@boros123]

vacancy available for bangladesh sweepers in India

[@krishkrish42]

Idiot! Your foreign minister asked India to help Bangladesh. India's leadership didn't even responded. First of all you people stop genocide against Hindus in Bangladesh.

[@hellonoitsfine9681]

@@boros123 shut up

[@26noren]

what harm ????

[@krishkrish42]

@@26noren he is chuthiya. Because they support marrying a 6 years old girl by a 53 years old person.

[@reymaryenerlan-villamor2216]

M

[@physicsbystanprisajny6284]

Dumbledore spell hit you economic collapse

[@STIFFLER............5]

😀 YAY! WORLD WAR 3! Whenever Europe falls into a recession, the whole world dies!

[@roberta4760]

please India stop buying more and more oil from Russia, India has increased its oil purchase from Russia. KIds are being killed. you could help to stop the war more quickly

[@anandsuralkar2947]

stop putting the responsibility on developing country India . if u care about kids stop wasting fuel in us and europe driving car for only one person and sell that fuel to india. India if stop providing fuel in country childre will die of hunger and basic needs like medication.

[@nlorand9033]

What about kids killed in Yemen. You buy Saudi Arabia oil.

[@rchougale8538]

We will stop buying bro just ask USA to lift sanction from Iran we will buy it from them👍

[@VaibhavSharma-zj4gk]

More people will die in India if India stops buying Russian oil...And 200 years of Britishers shown how much west have cared about India...

[@italy8795]

@@anandsuralkar2947 Why are u supporting Russian war?

[@Bdjdjsjsdbxnsiwnf]

“The recession could start in Europe” The U.S. is in a recession..

[@drivex6761]

Yeah they officially deny that N we keep getting new definition for certain economy term

[@reymaryenerlan-villamor2216]

M