Thursday, April 26, 2007

The sick Nation of Europe (fg)

What a lovely track record. According to latest German business and consumer surveys, Germany is on her way in overtaking most of her euro zone partners. Not only did the Ifo Business Climate rise again; Gfk consumer indicator reached an all-time high. The German Wirtschaftswunder continues.
Or put it in other words: Germany passed the buck to France. We have a new sick man (or shall I say: Nation) of Europe!