Wednesday, August 15, 2007
slowdown in Europe, Japan and US
ECB rate-rise doubts as global economy slows
The twin slowdown in Europe and Japan leaves the world increasingly vulnerable as the US economy slides into a deeper property slump than expected. China is still growing at a blistering pace but is a net drain on global demand since import growth is flat while exports surge.
The k-winter is not far away now.
Posted by sold 2 rent 1 @ 07:44 AM (478 views)
One thought on “slowdown in Europe, Japan and US”
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paul says:
“Deeper property slump than expected”
Hmmmmm. Expected by who? The likes of our esteemed central bankers perhaps?
Torpid and flautulent jobsworths who only worry about being noticed for not actually doing anything – such as Gordon’s stooge Kate “Maybe we should meet once every two months” Barker.