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Energy, Inflation, War – how bad could it get? | DW News
Posted
May 5, 2026
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May 5, 2026
36,708
579
140
1.96%
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17:11Now PlayingThe data says we're not yet in recession but the vibes are off and big financial institutions are starting to signal risk. Often the data lags the reality. Europe remains uniquely vulnerable in this kind of situation because of the factors building up this perfect storm. For one, European economies are more exposed to energy price volatility than the US and China. Meanwhile, European governments have been trying to stave off inflation and slow growth, but stagflation looms. Will this summer kick start economies across the world, or just prove how brittle the whole system has become.
On this episode of The Dip, we’re looking at the risks to Europe with Guntram Wolff from the Bruegel Institute and the Americas with Ricardo Hausmann, all to answer the question: Are we already in a recession?
👉 For more cross‑border money stories, follow The Dip via the link in the description or scan the QR code shown in the video.
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