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Markit's Chris Williamson on eurozone PMI: The region is "extending what appears to be a...

Markit's Chris Williamson on eurozone PMI: The region is "extending what appears to be a double-dip recession into a third consecutive quarter... Germany saw growth weaken to near-stagnation, while France saw a worryingly steep downturn... The rate of decline also regained momentum in the periphery, which will inevitably raise concerns about the impact of deficit-fighting austerity measures.”
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Comments (1)
  • Wyatt Junker
    , contributor
    Comments (4503) | Send Message
     
    If Europe actually was austere, ever, they would never be in this problem in the first place.

     

    The less austere, the less free markets have a chance to bridge the gap. One only need look at what Cuba has been doing(and saying quite publicly) these last two years to see this. Less government, more private investment. It is the only way.

     

    The media always says up is down. Hilarious.
    23 Apr 2012, 04:31 AM Reply Like
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