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MacroVoices #391 Brent Johnson: The Dollar Is Not Done
Macro Voices
Potential Risks to Euro Currency and European Economy in Winter
Russia may weaponize energy prices in winter, posing a threat to the European economy. Last year, luck prevailed with a mild winter and US gas supplies. However, this year might not be as fortunate, and Putin may take measures to harm Europe. The falling euro and rising energy prices in the US added to Europeans' woes. A repeat scenario is highly probable.
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