@tblrj @ThomasGrjebine @FitchRatings @SoberLook Or, might one say that there may have been a loss of trust, but that is not what is showing up in that data which is driven by valuation effects.
The European economy was already slowing sharply in second half of 2019, probably due to trade tension. It was hit
The European economy was already slowing sharply in second half of 2019, probably due to trade tension. It was hit savagely by 2020 shock. Worse