🤔🤦♂️ Here we can see how real retail sales have evolved in different regions over the past few years. Once again, the big surprise is that while things are going full steam ahead in the United States, Europe (especially the Eurozone) seems to have completely lost its way. The policies coming out of Brussels and the various governments of the Eurozone are severely impacting economic activity and the standard of living for Europeans. To make matters worse, in recent days they've lowered the growth forecast for next year to a dismal 1.2%. Not exactly good news.
The difference with the United States is almost insulting. Is Europe aiming to become the next Japan? We’ll leave that question with you.
VisualEconomik EN
🤔🤦♂️ Here we can see how real retail sales have evolved in different regions over the past few years. Once again, the big surprise is that while things are going full steam ahead in the United States, Europe (especially the Eurozone) seems to have completely lost its way. The policies coming out of Brussels and the various governments of the Eurozone are severely impacting economic activity and the standard of living for Europeans. To make matters worse, in recent days they've lowered the growth forecast for next year to a dismal 1.2%. Not exactly good news.
The difference with the United States is almost insulting. Is Europe aiming to become the next Japan? We’ll leave that question with you.
1 year ago | [YT] | 122