The new economic forecast for France is now public and it effectively condemns to the economic dustbin (poubelle économiques) the expansionary-austerity policies of French President Nicolas Sarkozy and German Chancellor Angela Merkel.
Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts
Friday, December 16, 2011
Wednesday, December 7, 2011
Think Tank: UK Now in Depression
The United Kingdom is considered to be in a depression and will be until the year 2013 according to the UK think tank -- National Institute for Economic and Social Research (NIESR).
Quotation for Today
"The fact is, this crisis has left a deficit of trust between Main Street and Wall Street. And major banks that were rescued by the taxpayers have an obligation to go the extra mile in helping to close that deficit."
Barack H. Obama, 44th President of the United States of America
Remarks by the President on the Economy in Osawatomie, Kansas: given on 6 December, 2011.
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