"There are numerous signs the entire Eurozone is in recession, including Germany. Nonetheless economic dunces talk as if recession can be avoided. For making just that claim, I blasted the IMF on Monday in Dimwit Comment of the Day: Christine Lagarde, IMF Director says "Europe May Avoid a Recession This Year".
Let's ponder a sampling of data released today that proves without a doubt Europe is already in recession..."
at http://globaleconomicanalysis.blogspot.com/2012/01/german-economy-contracts-in-4th-quarter.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
Let's ponder a sampling of data released today that proves without a doubt Europe is already in recession..."
at http://globaleconomicanalysis.blogspot.com/2012/01/german-economy-contracts-in-4th-quarter.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
