{"id":52932,"date":"2020-05-01T11:26:08","date_gmt":"2020-05-01T16:26:08","guid":{"rendered":"https:\/\/olduvai.ca\/?p=52932"},"modified":"2020-05-01T11:26:13","modified_gmt":"2020-05-01T16:26:13","slug":"eurozone-collapse-v-shaped-recovery-mirage-is-gone","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=52932","title":{"rendered":"Eurozone Collapse: V-Shaped Recovery Mirage Is Gone"},"content":{"rendered":"\n

Eurozone Collapse: V-Shaped Recovery Mirage Is Gone<\/a><\/h3>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Eurozone Economy Collapses 3.8% in the first quarter, the worst on record.  Spain (-5.2%) and France (-5.6%) GDP were much worse than Italy (-4.7%).<\/p>\n\n\n\n

Economist Daniel Lacalle offers his thoughts on the European economy in a YouTube video.\u00a0<\/p>\n\n\n\n

\n\n\n\n

<\/a>Daniel Lacalle\u2714<\/strong>@dlacalle_IA<\/a><\/a><\/p>\n\n\n\n

EUROZONE COLLAPSE

The V-Shaped Recovery Mirage Is Gone.<\/p>\n\n\n\n

https:\/\/www.youtube.com\/watch?v=kO_RxjESCk4\u00a0\u2026<\/a>\u00a0YouTube at \ud83c\udfe0<\/strong>\u00a0\u200e@YouTube<\/strong><\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n
\n\n\n\n

What LaCalle says about the Eurozone also applies to the US. <\/p>\n\n\n\n

What’s Next for America?<\/strong><\/p>\n\n\n\n

For a 20-point discussion of what to expect, please see Nothing is Working Now: What’s Next for America?<\/a><\/p>\n\n\n\n

No V-Shaped Recovery<\/strong><\/p>\n\n\n\n

Here’s the correct viewpoint: The Covid-19 Recession Will Be Deeper Than the Great Financial Crisis<\/a>.<\/p>\n\n\n\n

Simply put, a quick return to business as usual is not in the cards.<\/p>\n\n\n\n

Inflation or Deflation?<\/strong><\/p>\n\n\n\n

Meanwhile, the debate over inflation or deflation continues.<\/p>\n\n\n\n

Will it be Inflation or Deflation?<\/a><\/p>\n\n\n\n

If you believe the answer is inflation, then you do not understand the importance of credit and demand shocks. Click on the link for discussion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eurozone Collapse: V-Shaped Recovery Mirage Is Gone Eurozone Economy Collapses 3.8% in the first quarter, the worst on record.  Spain (-5.2%) and France (-5.6%) GDP were much worse than Italy (-4.7%). Economist Daniel Lacalle offers his thoughts on the European economy in a YouTube video.\u00a0 Daniel Lacalle\u2714@dlacalle_IA EUROZONE COLLAPSE The V-Shaped Recovery Mirage Is Gone. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[150,202,285,8222,14648,13390,670,855],"class_list":["post-52932","post","type-post","status-publish","format-standard","hentry","category-economics","tag-collapse","tag-deflation","tag-eurozone","tag-great-financial-crisis","tag-michael-shedlock","tag-mishtalk","tag-recovery","tag-viral-pandemic"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52932"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52932\/revisions"}],"predecessor-version":[{"id":52934,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52932\/revisions\/52934"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}