Image via Wikipedia
The press release from the authoritative think tank OECD, based in Paris, is well worth a read. Check it out!
It’s particularly interesting to see which major economies are above and below the trend line, based upon composite leading indicators.
Why don’t you score all the major economies Ab, Av or Be and compare your ratings to the OECD composite data:
Image via Wikipedia
This is an excellent article from Daniel Knowles in the Telegraph. Check it out!
Greece and Germany are playing a dangerous game of chicken: this cannot last – Telegraph Blogs.
For me, the article is spot-on – the troika has already pushed Greece too far with austerity. What about stimulating demand and investment in Greece?
Greece is a proud country with an enormous history – the pain and humiliation will not be forgotten quickly.
I am greatly encouraged that a right of centre paper, like the Telegraph, is challenging the futility of pan European austerity so strongly.
Dr Alf's Blog 