Germany ends third quarter in contraction as demand for goods and services falls sharply

still worst from Germany flash PMI

Bullish or bearish for the EUR?

Anything below 50 is bad. But the lower the worse.

Numbers are very well in the territory of 2008. crisis.
Unfortunately recession is imminent. When it will become official doesn't matter...

We're all screwed once again.

Inflation is still way too high and economy is collapsing...

Just find a good spot to sell. Or buy as low into the 1.05xx area and you'll be fine.

Okay

1.053 TP good?

Slim to none chance of servicing all that global debt with contracting economies.
Monetary policy as sole policy option in directing economic growth entering failure mode.
Couple that with expensive energy from Green initiatives and high food costs and consumers have no ability to gain traction.
Bulk populations will go into survival mode.


add: Am entertaining thought of current stagflation going to tip into waves of deflation hitting.

historically it seems that could worsening even more

Some people are making alot of money out of this. Who?
It’s not disappearance of money/value or is it?

A little while ago it looked like Blackrock et al were starting to sit on repossessed property rather than sell them on. If the economy goes badly then they will sit on more, collect them as assets and take rent. Their bedfellows (Gov.t) will be more than happy with this. A shift in the economy like this will remove choices for individuals - they will be going to work when told and being good citizens.

I agree it is by design as all the bankers are following same script that they are told to by the Keynesian economic school. But the outcome is not assured that said Bankers expect.
Markets not so easily controlled and unexpected consequence whereby the wildness lies in wait to make folly of central planners.

Backlash is growing and this will end in some form of Political event, then will come a new order.
I do my best to listen to what market is saying and then trade accordingly. Certainly very difficult to understand during these times of Fiat money distortions, but Central Planning becomes a one track obsession by the few at expense of the many.

Free thought and wealth creation go hand in hand. Attempts to thwart that combination have always failed throughout history. It will fail again.

For now remaining liquid and keeping cash would make most sense so as to minimize damage to ones personal holdings from whatever manifests.

Still blabbering about global debt you narrow dumb idiots, ferna and fear of tard out ?!
Global was into "failure mode" since ...its inception, since industrial era... But some time it read positive... so one smart ass couldn't tell is "rotten" until now ... Now read the Gold chart!!

Debt it's just a number. It's money "stolen" form lazy big mouth motherfuckes like you to build airports, railways, roads, healthcare... Economy is "ineffective" by definition for narrow stups like you ...but you fuck-tards never get the whole picture right