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I received still more emails from French and Canadian readers on preserving culture. Since it’s a slow news day, let’s take a look at them. Olivier writes ” Wouldn’t a true conservative pay at least some respect to local cultural norms instead of trying to impose some economic diktat from on down
Original post: Spinning the Data on the Non-Recovery in Spain
Hollande’s Popularity Sinks to 28%, a New Record Low Posted by Michael Shedlock at 12:11 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).
Visit site: Jobs +175,000; Unemployment Rate 7.6%; Is the Obamacare Effect Played Out?
Originally posted here: Personal Arrogance; Preserving Culture vs. Common Sense; Email From France
Read More: Nouriel Roubini Seriously Misguided on Gold, on Equities, on Economic Growth, on Money
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IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic With most of Europe in a nasty recession, and significant parts of it (Spain, Greece, Cyprus, Italy) in an outright economic depression, I wonder why it took so long for the IMF to Reduce Germany GDP Forecast . Germany’s 2013 growth prospects have been cut in half by the International Monetary Fund, as it warned that the outlook for Europe’s strongest economy could worsen if a eurozone recovery fails to materialise. The IMF said falling business investment and the eurozone’s ongoing recession, which have hampered German growth, meant the economy would grow by just 0.3pc this year, compared with an April estimate of 0.6pc
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