The European Union Pulls Back Financially From the Brink of Collapse

Since last fall, we've been watching the European Union pull back financially from the brink of collapse. It was also done to quell domestic inflation in the United States and Europe because they understood that most of this inflation was a commodity cost push variety. And so the big pump and dump that has happened in commodity prices over the last 18 months have now reached the end of their, the terminal rate of where they can manage inflation,.