Every company in Europe expects severe economic conditions until the sanctions against Russia are dropped. Consumers are staggering as prices for energy, food, and everything else soar. Germany expects most of its heavy industry (Siemens, BMW, Audi) will completely shut down this winter. A huge economic contraction and mass unemployment of up to 25% are possible. How much more misery will it take for Europe to abandon its anti-Russia policies, end anti-Russia sanctions, and stop destroying their own economies? And how to play this in terms of European stocks? I sense a once in a lifetime stock play here.
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