Excuse my mistake

But still

We are fucked

Probably just different currencies

US will go into a civil war before German economy goes to shit

43.5 trillion euros

49 trillion dollars

And do you not remember 2008?

Kind of proved that the US economy has an incredible impact on the world economy

@Calzilla so are you gonna say anything or?

2008 didn't fuck over EU as much as you may think

I cant read German

Unemployment rate

Can you translate please

In germany

From 04 to 19

But you understand that several EU countries experienced their indeoendent financial systems collapse?

Yes

They had reasons not directly related to us as well

Is there anything to say?

Not trying to refute you or start a debate

Ah ok

You're just interested

No worry

@Notso yes but much EU debt is correlated to the US

Also, what bubble is popping this time around?

@Calzilla the fiat one

However you are right

Germany was relatively unaffected

I'm only saying if the US goes into recession again
The more stable european states will be fine

By 2008

They wouldn't be *unaffected*

I'm talking about 2008

Not now

*now is a totally different situation*

But it wouldn't be 1930s bread lines and taking barrels full of money to get essentials

Nothing says there can't be a european collapse either (or caused by an American one)

America had become the world financial centre so of course it will cause ripples throughout the world but at least western and northern europe are good enough to weather most purely American issues

>Norway's and Sweden's private debts