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To: Giordano Bruno who wrote (372819)8/14/2008 7:55:21 AM
From: Cynic 2005  Read Replies (3) | Respond to of 436258
 
All is well. Here is reason to rally the stocks. Europe economy shrinks, Russia invades Georgia, McCain declares that 'we are all Georgians' - as good a reason as any for the rally -s-

EU: Euro economy shrinks in second quarter, Germany, Spain, Italy see contraction

BRUSSELS, Belgium (AP) -- Euro-zone growth braked sharply in the second quarter as major economies Germany, France and Italy shrank, EU statistics showed Thursday, with high fuel and food prices holding back consumer spending.

biz.yahoo.com