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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST
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To: Lazarus who wrote (107368)9/3/2014 1:52:09 PM
From: elmatador  Read Replies (1) of 219928
 
Sooner or later EU denial must give way to gut-wrenching reform. The longer the delay, the greater the pain for the Lost Generation.

The precipice of relative poverty never looks very threatening. Thus, despite mass eurozone youth unemployment and a 12 percent rate overall, Europe retains a facade of relative prosperity. However, the UK and US economies are growing with gusto, surpassing pre-recession peaks. Europe is sliding, still 2.5 percent below the 2008 peak with a trans-Atlantic growth deficit of 2.5 percent per annum. Compound growth is creating an ugly mountain for Brussels to climb.

Europe’s reboot: Reform or die
rt.com
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