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High-Tax Europe Heading into another Great Depression

About half the European continent is now technically back in recession, and when all the numbers come in it is very likely that France and Germany will be added to that list. Europe is of course an integrated economy so the recession is spreading even to the relatively healthy eastern periphery (though remarkably, Estonia is still booming). Euro-zone unemployment is now higher than it has been in 15 years, with much of the pain felt by young people.
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Germany Just Dragged Europe's Growth To A 16-Month Low

Business & Finance : Business Insider: Clusterstock (14 hours ago)

The Eurozone's composite PMI just came in at 51.4, the lowest in 16 months. That's after some unexpectedly poor numbers for Germany. The major business survey is pointing to a significant slowdown in Europe. Analysts had expected th... Read Post

World stocks hit by China, Europe slowdown

Business & Finance : Business Report (14 hours ago)

World stocks extended losses as evidence suggested both the Chinese and European economies were slowing. ||| London - World stocks extended losses on Thursday as evidence suggested both the Chinese and European economies were slowin... Read Post

Welcome to the zero lower bound, Europe. We’ve been waiting for you!

Business & Finance : Ezra Klein (2 years ago)

Europe is a mess, with a handful of Southern European countries in depression and many of the other nations on the continent in recession. Inflation has been exceptionally low, even in economically strong Germany. So it would be a g... Read Post


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