16-07-2013
Euro Area And the Great Capability At Self Inflicting Pain
| Inflation decelarates in the Uk and cable gets a strong pounding, but no horrible economic release is sufficent to help euro lower due to "strong" balance of payment numbers. Data are good because imports are slumping, not as a consequence of stronger exports. Yet no euro bureaucrats dares to clarify, as this is a rare chance to defend results "achieved" by this group of people, lavishly paid and highly incompetent. Really euro area deserves the misery is only starting to experience, if people are willingly to accept to be run by these selfish corporals. |