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Transcript
00:00 If you've been thinking about taking a vacation to Europe, here's your shot.
00:03 For the first time in 20 years, the exchange rate between the euro and the dollar are nearly
00:06 the same.
00:07 To put this in perspective, if you wanted 1 euro last year, it would have cost you $1.20.
00:11 This is largely because investors are concerned that the energy crisis in Europe will send
00:14 their economy into a recession.
00:16 And to give you an idea of just how bad it is, Germany just announced it had to reopen
00:19 their coal power plants for the first time in years to keep up with energy demands that
00:22 were lost due to the war in Russia.
00:24 And this might get even worse as the Nord Stream Pipeline shuts down to undergo maintenance
00:27 for at least a week.

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