a quote by Ken Moelis

28/07/2022

„Germany’s strategy up to this point was to outsource their military to the US, their financial management to the EU, their energy supply to Russia, and their end market to China. This was the complete globalization of an economy. You can see at this point, I think they’re in extreme trouble.“

from: Wall Street Titans Warn of 3 Big Risks as Markets Flash Recession WarningBloomberg

(via)