Trajan
conscientia mille testes
Europe posts some deep declines in Industrial orders in march and early april....*shrugs* could be a bump, I am not so sure.
Greece is heading into chaotic territory, if you think Greece will be using the Euro in a year, I think you're nuts or just to staid to think outside the box, sorry but I am in a low tolerance BS mood today...
spain just had regional elections, the socialists got their asses handed to them, Zapatero will be a goner when he does and he will have to, soon, call for elections. Rajoy of the PP will demand and attempt to enact serious some SERIOUS reform.
IF the Spaniards go nuts ala the Greeks and whats more get little done, get little done, due to the size of their econ. relative to Greece and Portugal as being masssssssssssive, its heading over a cliff.
The euro was more a social construct when it was created and now its going to die a fiscal one, exactly becasue it wasn't created hence designed for the right reason.
'People' are getting tired fed up, its one thing or another, one country after another, they get to bail out the boobs who got them here as if somehow they are sprinkled with magic dust and untouchable, the gov. hence bankers etc. the Irish, Greeks etc. and shouldering the lot.
This is starting to wear, l, we cannot keep doing this for every country down the road, Spain will be the nut cracker, Germany will balk and thats when the fun starts.
The US is according to Carter era stats/paradigms, in stagflation, the PPI for finished goods rose over 6.7% in April.
Housing is so completely a mess, its in a double dip, I have seen that at 2 major sites over the last week.
Durable good orders have dropped 3.6%, so whats next month going to look like?
Hows this quarter shaping up?
carry on...
Greece is heading into chaotic territory, if you think Greece will be using the Euro in a year, I think you're nuts or just to staid to think outside the box, sorry but I am in a low tolerance BS mood today...
spain just had regional elections, the socialists got their asses handed to them, Zapatero will be a goner when he does and he will have to, soon, call for elections. Rajoy of the PP will demand and attempt to enact serious some SERIOUS reform.
IF the Spaniards go nuts ala the Greeks and whats more get little done, get little done, due to the size of their econ. relative to Greece and Portugal as being masssssssssssive, its heading over a cliff.
The euro was more a social construct when it was created and now its going to die a fiscal one, exactly becasue it wasn't created hence designed for the right reason.
'People' are getting tired fed up, its one thing or another, one country after another, they get to bail out the boobs who got them here as if somehow they are sprinkled with magic dust and untouchable, the gov. hence bankers etc. the Irish, Greeks etc. and shouldering the lot.
This is starting to wear, l, we cannot keep doing this for every country down the road, Spain will be the nut cracker, Germany will balk and thats when the fun starts.
The US is according to Carter era stats/paradigms, in stagflation, the PPI for finished goods rose over 6.7% in April.
Housing is so completely a mess, its in a double dip, I have seen that at 2 major sites over the last week.
Durable good orders have dropped 3.6%, so whats next month going to look like?
Hows this quarter shaping up?
carry on...
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