Brace for a Dirt Poor Europe and a Great Depression to dwarf the Dust Bowl crisis of the 1930s
Europe and the US are facing a severe recession caused by the Ukrainian crisis, anti-Russian sanctions and soaring inflation, Deutsche Wirtschafts Nachrichten writes, citing Deutsche Bank analysis. A similar opinion was also expressed by experts from Moody’s Analytics and JPMorgan, who noted that the entire global economy is suffering losses from the American inspired anti-Russian sanctions.















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