The euro is crashing…recently falling to roughly 1:1 against the dollar.
And one of the big reasons for this is concerns over the continent’s energy supplies.
Europe relies on Russian natural gas to generate electricity, and now there are worries that Putin could completely cut off Europe this winter.
So, I recently sat down with Field Notes Managing Editor Ciaran Madden to discuss the problems Europe faces…what Putin plans to do next…and why an energy crisis in Europe could make inflation even worse in the U.S.
Check out the video of our conversation below…
P.S. An easy way to escape the high costs and financial chaos of today’s economy is to relocate to a beautiful destination overseas where costs are lower and life is more relaxing. And the world’s premier relocation destination is Panama.
The #1 destination on International Living’s 2022 Global Retirement Index, Panama has a warm, tropical climate…is close to the U.S. (just a three-hour flight)…uses the U.S. dollar as its official currency…has top-quality healthcare…and is remarkably affordable. If you’d like to find out if Panama is your perfect relocation destination, you can explore it all right now from the comfort of your own home with Panama 101: Your Blueprint to a High-Quality, Low-Cost Lifestyle.
This in-depth video resource is a virtual tour of Panama in the company of IL Panama Editor Jessica Ramesch. She’s the best Panama expert I know and in Panama 101 she takes you by the hand and gives you the inside track on this expat haven where opportunity is rich and costs are low. Get all the details and access Panama 101 here now.