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A friend sent me the following link today.
June 21, 2012
The euro crisis, in one picture
Early Q3 GDP Tracking
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From BofA:
Next week, we will initiate our 3Q GDP tracker ... [August 8th comment]
emphasis added
From Goldman:
[W]e boosted our Q3 GDP tracking estimat...
59 minutes ago
4 comments:
Love it. Of course, my question is, when do the Germans realize that their export-driven economy is now entering stall speed. The Chinese PMI has contracted for the 8th month in a row, and they have effectively euthanized the PIIGS. Looking to sell to the BRCs? Slowing there too. US...got a pulse, not much else. I do hope the Germans have a plan.
fried,
US...got a pulse, not much else.
We have a strong recovery with creativity and strength.
"We have a fun environment with creativity and fun."
Same tune, slightly different lyrics, lol. Sigh.
Stag,
It really is an illusion of posterity. Everyone thinks they understand history. Everyone thinks they understand how the system works.
The brainwashing has been immense. Still, the outcome is not a certainty. Either way, trouble looms.
mab,
It really is an illusion of posterity.
Nice. The "poster" is real though. I'm fairly sure of that. ;)
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