ECB Rate Hike is Kiss of Economic Death [Ep. 269, Eurodollar University]

Eurodollar University · Jul 31, 2022 · 29m

The European Central Bank raised rates in July 2008 because consumer prices were too high; the Global Financial Crisis climax came next. They did it again, in July 2011, for the same reason; the European Sovereign Debt crisis appeared shortly after. Here we go again, a July 2022 rate hike, same reasons; what happens next?

****EP. 269 REFERENCES****

A European Rate Hike Is the Global Economy's Kiss of Death: https://bit.ly/3S7hCcu

RealClear Markets Essays: https://bit.ly/38tL5a7

Epoch Times Columns: https://bit.ly/39ESkRf

****THE EPISODES****

YouTube: https://bit.ly/310yisL

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