Tuesday, August 14, 2012

EUROPE STILL TEETERING TOWARDS RECESSION

BBC:
The economy of the eurozone shrank 0.2% in the three months from April to June compared with the previous quarter. The figures from Eurostat covering the 17 countries that use the euro followed zero growth in the previous quarter. 
Europe's biggest economy, Germany, grew by 0.3% in the second quarter, helped by exports and domestic consumption. France announced its economy had recorded zero growth in the period, which was better than had been expected.
WITHOUT GROWTH THEY HAVE ZERO CHANCE AT SAVING THE EURO.

AND WITHOUT CUTTING TAXES AND REGULATIONS THEY HAVE ZERO CHANCE OF GROWING.

THE TAXES THEY SHOULD GET RID OF FIRST ARE ALL THOSE THAT RAISE TIE PRICE OF ENERGY.

NO ONE SHOULD HOLD THEIR BREATH...

IN FACT, EUROPEANS ARE PREPARING FOR THE END OF THE EURO.


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