My comment: in any case, in terms of consumers, we are far from deflation yet. However, energy and commodity intensive companies might be behaving like in deflation mode, delaying purchases and investments expecting lower costs.
Peace and best wishes. Xi Europe Inflation Rate Drops Most in Almost 20 Years (2.5% in Nov. from 3.2% in Oct.) http://www.bloomberg.com/apps/news?pid=20601087&sid=aKaTDfiEizeQ&refer=home ECB to Cut Benchmark Rate 1/2 Point, Economists’ Survey Shows http://www.bloomberg.com/apps/news?pid=20601087&sid=aCiypZFOEWF0&refer=home On Oct 8, 3:46 pm, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > My comment: More and more the consequences are out of control. We > cannot say that the situation inEurope, in particular in the > Eurozone, is as chaotic as at the other side of the ocean, but it is > fragile. Who will collapse first? This seems to be the name of this > mad game. > > Fed, ECB, Central Banks Cut Rates in Coordinated > Movehttp://www.bloomberg.com/apps/news?pid=20601087&sid=azOWH.Rai3iY&refe... > > On Oct 2, 2:32 pm, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > > > > > This thread continues the > > threadhttp://groups.google.com/group/world-thread/browse_thread/thread/cfb3... > > > On Oct 2, 2:30 pm, "Xi Ling" <[EMAIL PROTECTED]> wrote: > > > > My comment: This message applies only to the Eurozone, not to UK where > > > situation is completely different. > > > > The Europeaneconomydeteriorated since my last comments in July. The > > > lack of credit in US dollars in foreign markets due to the war USA(and > > > Saudi Arabia)-Russia in August rose costs of foreign trade and froze > > > its growth. Now, thanks to the agreement with the Fed, they are > > > producing US dollars. This could be a relief. > > > > In any case, the ECB cares the fundamentals of Europeaneconomy. > > >Europecannot increase its price inflation because its already high > > > prices could not compete in global markets, and the option would be to > > > cut wages. The price inflation risk remains high, although the slow > > > down of growth will limit it as we have started to see. If > > > nationalization of the banking system spreads acrossEurope, it will > > > mean more liquidity into markets and price inflation would rise again. > > > > ECB Keeps Rate at 4.25% Even as Recession Looms > > > >http://www.bloomberg.com/apps/news?pid=20601087&sid=aisa4PU70DI0&refe... --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" 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/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
