The actual cost-of-living crisis is still to come, analyst warns

Jonathan Butler, head of European leveraged finance at PGIM Fixed Income, discusses the prospect of a recession in Germany and the industries that look particularly vulnerable amid Europe’s deepening energy crisis.

[wickedprotos]

Strange that all you see on the news is the UK crisis. How about the cost's here in the USA. Many items have double or tripled in price this year.

[TheRichLA]

Putin playbook outsmarted the Western playbook?

[Martincic]

I very much doubt that this political generation that is in power in Europe will survive the next 2 years cause things are going to get much worse

[mikepict]

Pigs are covered in greasy cash in every country. I'm sure

[ch]

We're in a mess war that may take years to finish as both sides can invest as much so only this alone will generate a very negative impact during the time, besides with the sanctions, Europe mostly highly dependent on Russia gas will start harder pollutants like coal and the dwindling fossil fuel agenda is paused, they'll invest alot of money back on fossil's fuels to generate cheaper energy, or the whole West unite to invest 90% on renewables funds which is impossible with a conflict nearing world war 3, high military expenses and corruption. If there's a peace agreement its still possible, but that is lacking empathy, Russia the invader has to pay.
Europe will have to bear with high inflation for some time as the energy crisis won't finish soon so we're going to get alot poorer as the bills will keep rising much faster than wages
If the climate temperature keeps rising as it is and probably will since we're causing more emissions than before. Droughts, lack of drinking water, and losses on crops will get common so food stocks would vanish soon and inflation would burn.
When it gets to that point it'll be like a blame game and the worse will happen

[Indomitablespirit]

Just give each person $25, 000 per year and you won't have to worry, than we can drive the markets higher and buy bitcoin.

[sammydavis]

What is a PGIM?!!!! I hate it when acronym are used without definition. Like you should head down to ZYX nigclub in LA, it's the hottest club. Does everybody in the whole world live in LA? Does everybody in LA go clubbing? Does everybody in the WHOLE COUNTRY know the PGIM nightclub and know how and want how to get there?!!