A global recession is on the horizon - please read OP for mod warning

I think Putin is very concerned

Whatever about the rest . What newly created jobs are of poor pay and conditions. I'm not seeing any examples of that . In fact entirely the opposite. You won't get staff unless it's reasonable pay and conditions. Is this just hyperbole?

Corporate debt is crazy and alot of companies not even making profits being able to borrow crazy amounts and only looked good because of there speculative share price. Interest rate increases will kill these companies and could as you cas pop this corporate debt bubble

again, america is dealing with the same global issues, unemployment levels are relatively low everywhere, but again, many income earners are simply unable to meet their most critical of needs, property, health care etc etc, most countries have been experiencing hyper inflated property markets for decades, and now actual inflation has reared its head, and to add insult, rates are rising, so..... get ready for a surprise!

i.e. central banks are raising into extreme weakness, again, get ready......

we ve been experiencing this for years now, yes, incomes are on the rise, but younger generations are in serious trouble, many employment contracts are actually very poor, again, yes this is starting to change, but change takes time.... and these changes are probably not going to be quick enough for many, i.e. we re in big trouble.... we ve done everything we can to remove social safety nets, to the point, they simply no longer exist for most, so again, get ready!

yup, we potentially could be heading for another 'minsky moment' here! watch this space i guess!

heard there was couple of other countries currently experiencing in excess of 20% inflation, for the life of me i cant remember which countries, must be mental though. was recently at a talk with Argentinean economist martin lousteau, he was explaining life under hyper inflation, sounds impossible to live under

Minus 0.5% interest rates, what are they going to do ?

With Russia almost exhausted militarily and the EU possibly facing existential issues this winter, negotiations to ‘regularise’ relations with Russia may be coming down the track. It won’t immediately solve the inflation issue in the EU but it cannot be solved without Russian fuel.

ECB's main interest rate

Huh? It's not my opinion, savings on deposit reached record highs largely because people were saving more and not spending.

There is massive costs associated with getting to work, a large amount of these were parked for a considerable amount of time.

Again none of this is my opinion, all information from banks and the central bank.

yup, but this was evident before rates were raised, they are in an impossible situation, but adding fuel to the inferno, generally doesnt end too well, we clearly need a huge public injection of money, and quickly, or a whole pile of businesses are gonna go bust! dual rates could help this situation, think its worth a try, but they probably wont do it

oh ffs, this sh1t again, again, this is not monetary induced inflation, its primarily supply and energy induced, our economies are being starved of money, as most money created has only been used to inflate the price of assets, i.e. this largely does not make it into the real economy, primarily staying within the financial sectors, businesses, particularly sme's, and people, need money, and fast.... this is why covid supports such as pup and ewss etc, worked very well, providing this money....

mmt have no been found out, an element of the theory is in fact correct, the real economy urgently needs money, please stop using our abilities to create money such as qe, to simply inflate asset prices, its not working!

very true alright, but our advancements in renewables has been astonishing, its now possible to have an off shore wind farm up and running within a couple of years, it truly is time to do this stuff now, but i do realise, the next couple of years are looking scary. yea, our political systems are truly unprepared for this, we ve left our energy networks go to sh1t over the years, and this is now showing. we clearly need to get the hurry up in regards rapidly expanding our networks, and creating widescale european network integration, i just cant ever see nuclear being introduced here, we re just too strong anti, for the moment anyway, could change if we start experiencing regular outages though....