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Economy still deflationary. High bankruptcies in services sector

 Because of the ending financial Covid support and slowing consumer spending due to layoffs the high bankruptcies are persisting, we're even seeing reports from franchices like McDonalds that their price increases are starting to affect profits.

The stress is mostly hitting the services sector which is exactly where we have seen the boom during Covid. Some countries have already reported that the Covid support might've lasted too long which cause economic disbalance.

What's also at bubble risk is the real estate market, there is a changing sentiment across governments that housing should be more protected as a human right, this has cause the introduction of a lot of measure aimed at socializing the housing market, together with rising interest rates and overvaluations these markets were bound to contract.

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