The effect of war is affecting europe big time. Almost putting them in a potentially catastrophic position.
Euro is at parity with dollar for the first time since 2003.
Will it end here ? It’s tough to say unless something drastic happens on the war front and russia agrees to supply gas and oil to europe.
Companies with huge exposure to europe needs to be kept on radar.
Excess dollar value may lead to bankruptcy of many developing poor economies
how long can even US allies sustain this needs to be seen.
After all this and multi decade inflation highs, rates in Europe are at zero. What happens once rate hikes happen or will the devaluation of currency continue
In all this chaos, countries like India and China are getting stronger and stronger.
What are your views on europe going forward?