Finnish economist Tuomas Malinen has claimed that Europe is much worse than many understand and on the brink of an economical collapse.
In a tweet thread, he said;
“I am telling you people that the situation in #Europe is much worse than many understand. We are essentially on the brink of another banking crisis, a collapse of our industrial base and households, and thus on the brink of the collapse of our economies.
We are also totally at the mercy of the authorities, and we have very little knowledge what they have planned. Will they be able to stop the onset of the banking crisis, yet again? I don’t know, but I am doubtful.
In any case the speed of deterioration is massive now, and it’s only a matter of time, when markets catch up. I am betting that we still have few weeks (months at max.) before “mayhem” truly begins. Take precautionary measures.
4. Wood (if you have a stove).
5. Other necessities.
No harm will come from preparation, if somehow miraculously we can avoid the onset of an outright economic collapse.
You just have more cash (no meaningful interest in banks), food, water and wood.”