Europe Catches a Cold
from the the-bigger-they-are-the-more-the-others-feel-them-fall dept
As the US economy’s slowdown seems to be bottoming out, it seems Europe’s is begining to slip. The Bank of England is poised to cut interest rates in response to this slowdown and the number unemployed in Germany has started to increase. When the US economy started to slow I remember many prominent European officials stating that Europe was large enough not be affect, I guess they were wrong!