[deanhills]

I think the price stability of Europe comes from its stronger EURO exchange rate recently. So the prices from imported goods are lowered.

I noticed that comment as well. Sort of a bit sweeping to say there is price stability in Europe. Europe is quite large, and I'd say that in your bigger countries who are more able to control things it may be the case, but you get your poorer countries as well like Spain, Portugal and Greece. I'd be curious to see how they are going to survive the Draconian measures of the EU with Covid and one season without any income.

In general I may agree, as for someone to lose his/her job in Europe is a little more controlled than for example in North America - specifically the US and Canada, where the majority of contracts for wage earners are very iffy. They come with no benefits and job security and benefits are a joke there - like maybe 15 working days leave a year - but for some who take it they'd be worried they may have no job to return to. Whereas in Europe benefits are almost enshrined. The French will burn down the streets of Paris if anything happens to their job benefits.

Will be interesting to see how Europe is going to deal with prices as well as their economies when hopefully normality kicks in some time in the dizzy future. I just get this feeling there's going to be riots going on.