The Euro v. USD now

[Graybeard]

This is the collateral economic damage of the Russia-Ukraine war
This is very bad for European consumers trying to control rising inflation rates and the cost of non EU zone imports and outsourcing.

The USD is overvalued now which is very bad for US Export trade.

The only winner in this will be automation and AI I think.

 

[Strickland]

BIG recession coming for the EU and UK by autumn.
Need to start making plans now.

 

[Graybeard]

I am starting to work on e-books and MMO for foreclosure homes and loans for properties with distressed values.

In the US there is probably money to be made with civil war supplies --the way things are going.

Haven't heard of Soros buying the GBP now maybe the GBP will get weaker yet? IDK