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C.E.O. in Europe Sounds the Alarm: Heading into Banking Crisis, Collapse of Industry, Households, Economy -- "weeks away

#1

Tuomas Malinen is the Chief Executive Officer (CEO) of GnS Economics in Helsinki, Finland. Today, Wednesday, September 7, 2022, he is publicly saying that Europe is heading into a total collapse of business, and its currency, within weeks.

According to its website, GnS Economics is an independent, Helsinki-based macroeconomic consultancy specialized in forecasting and analyzing the risks of the world economy and the financial markets.

CEO Tuomas Malinen, PhD, is CEO and the Chief Economist of GnS Economics. He is also an Associate Professor of Economics at the University of Helsinki. He has studied economics at the University of Helsinki and at New York University. He specializes in economic growth, economic crises, central banks and the business cycle.

In a series of public messages on his Twitter account, Malinen publicly warned today “My (our) monthly forecasts are out, and oh man that they look horrible. Europe is sinking and she is pulling the rest of the world with her…” Accompanying that message is a chart showing the trouble:

Continues at link:

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#2

Nordstream 1 is down because of delays in turbine repairs (the turbines pump the gas through the pipeline). This is all entirely due to sanctions that the West have placed on Russia.

Likewise, Nordstream 2 was completed shorty before the Russian invasion of Ukraine, and is in perfect working order, with all the turbines from Russian manufacturers.

If Europe drops the sanctions, Russia just has to press a button to get the gas flowing again (and the Russians have publicly stated that they will do this).

If Europeans find themselves starving and freezing this winter it will be purely because of the stupidity/corruption of their political leaders.

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