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Winter is coming

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@urun
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If people can't pay their bills this winter and companies mass lay off their employees because of high energy prices, this will affect world markets.

That's not a "this winter" scenario. I don't see a way how it will be fixed by next year. I don't see how companies survive it.

less export means weaker currency means higher import prices.

And higher import prices on energy mean even fewer exports.

Mass unemployment in Europe will cause a worldwide currency/economy crisis.

Supply chains will be fucked on a level, nobody can really tell.

And demand will most likely stay high for everything. Special basic stuff for daily life.

IMO the biggest problem is all the long-term impacts. Like less fertilizer production today, more world hunger tomorrow.

  • currency crisis

  • energy crisis

  • unemployment crisis

  • food crisis

  • humanity crisis

Let's hope things turn out well and we don't see those.