Austerity works, bitchez! <http://delong.typepad.com/sdj/2012/05/yes-european-macro-policies-have-sent-it-into-renewed-recession-why-do-you-ask.html>
"Eurozone economic activity has contracted this month at the fastest pace for almost three years while German business confidence dropped sharply as the eurozone debt crisis gained significantly in intensity…. Purchasing managers’ indices showed eurozone private sector economic activity contracting in May at the fastest rate since June 2009. The slowdown was particularly sharp in France, but the German index also showed the eurozone’s largest economy had fallen into contraction territory." Gee, when you destroy the economies of your trading partners, don't be surprised when things go south... -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
