When scientific paradigms collide everyone should duck, at least that is the best advice I can offer at the present moment. The provisional German retail sales for January are now in, and they don’t make especially pleasant reading:
“European retail sales dropped for the first time in 10 months in January as spending in Germany [...]
Trying to get away from the emotionally traumatising, this article caught my eye. Clearly it relates to my earlier post, and does have a Spanish connection, if only a rather tangential one.
I thoroughly endorse what the Financial Times has to say. We need multilateralism now more than ever. We should not simply think ‘Europe First’, [...]
Remember this debate about the relative living standards of Sweden and Alabama? One little commented result of the euro, krona and pound?s rise against the US dollar over the last two years is that measured in current exchange rates European countries? income per head now compares rather more favourably against the United States.
[...]
Feed: A Fistful of Euros