Friday, May 23, 2008

Europe

 
Like dominos the global recession is spreading to Europe as the combination of  a higher Euro, credit deceleration, falling and or peaking Real Estate values, and higher oil and food prices take a toll on the European consumer. 
 
Currently my indicators show that Asia is now decelerating, not enough to affect growth but we shall see that impact within a year... more to come!
 
 
 
 
 
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These are my own views, please enjoy these insights