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I’m not going to sugar coat this: Europe’s economy looks atrocious right now. If you thought the Federal Reserve had a tough time dealing with inflation, you have no idea how difficult things are overseas. The European economy has been showing signs of slowing down for many months, fueled by a combination of factors such as high inflation, reduced consumer spending, and tightening of government budgets. Stagflation risk is very real here. If we look at the Vanguard FTSE European ETF (NYSEARCA:VG
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