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Realistbear

Eurozone Growth Unexpectedly Falters In 4Th Q

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http://uk.finance.yahoo.com/news/Euro-zone-growth-fails-reuters_molt-1415414554.html?x=0

Philip "Phil" Blenkinsop and Brian "Bryan" Rohan, 14:15, Tuesday 15 February 2011
BRUSSELS/BERLIN (
Reuters
) - The euro zone economy ended last year with stable growth, missing expectations as expansion rates in the region's three largest nations
fell short of forecasts
and Greece and Portugal contracted.
A hoped-for pick-up in growth failed to materialise because businesses ran down stocks in France, snow and cold hit construction in Germany and the Greek economy shrank sharply.

The "unexpected" trend continues. With the mass of debt in the EZ it makes one wonder why they thingk there is any room for growth. The Chinjese will slow down and we can't import too much because we are already running up record trade deficits and it is important for us to keep the Elpephant hidden for as long as possible.

Recession all round anyone?

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http://uk.finance.yahoo.com/news/Euro-zone-growth-fails-reuters_molt-1415414554.html?x=0

Philip "Phil" Blenkinsop and Brian "Bryan" Rohan, 14:15, Tuesday 15 February 2011
BRUSSELS/BERLIN (
Reuters
) - The euro zone economy ended last year with stable growth, missing expectations as expansion rates in the region's three largest nations
fell short of forecasts
and Greece and Portugal contracted.
A hoped-for pick-up in growth failed to materialise because businesses ran down stocks in France, snow and cold hit construction in Germany and the Greek economy shrank sharply.

The "unexpected" trend continues. With the mass of debt in the EZ it makes one wonder why they thingk there is any room for growth. The Chinjese will slow down and we can't import too much because we are already running up record trade deficits and it is important for us to keep the Elpephant hidden for as long as possible.

Recession all round anyone?

Definitely an ongoing recession for the UK - now officially the 'sick man of Europe' :( * after even Spain grew in the last quarter. Neatly fits into my theory that the UK will endure a lost decade of anaemic growth and deflation, leading to strong Sterling a la the Yen.

* :D

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  • 311 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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