Wednesday, August 24, 2011

Europe Is Facing Stagnation As Its Growth Engine Stalls

Russell Lynch


Europe faces the threat of economic stagnation after an alarming collapse in business confidence during August, a gloomy industry survey warned today. Financial information firm Markit's latest worrying snapshot of flagging growth in the eurozone showed activity stuck at 22-month lows during the month and the manufacturing sector shrinking for the first time since 2009.

The mounting evidence of stagnation will put more pressure on the European Central Bank to reverse its two interest rate rises this year to tackle high inflation. A leading German trade association cut its growth forecasts to 2% in 2011 and just 1% in 2012, and the ZEW institute added today that confidence among German investors also fell sharply in August.

6 comments:

  1. Majid, what do you need ?

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  2. WHEN THE EURO GOES TO 1.20......SAY, "GOOD NIGHT"!!

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  3. Hans, click on his picture. He needs you to visit his blog.

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  4. "Majid Ali" is full of crap people. He is part of the Nigerian 419 operation.

    Think about it. Why would someone in Haiti need an education so badly if they were already used to living in third world standards? What good would it do him? He's appealing (an age old trick) to the gullibility and perceptions of the western person by saying an education will get him a better life.

    Down the line he is just one of the hundreds of millions of wealthy, African mobsters established globally pulling money out of charitable minded fools. These people are not poor (or stupid), in 2009 they sucked over nine billion dollars from Americans in Internet scams alone.

    These people are not nice either. Though it is named "Nigerian 419," it actually is code for the African mafia. They are cold blooded, ruthless killers who horde all of the wealth away from the impoverished African masses. The reasons for the horrible conditions there is due to these people, and the fact that NATO funds them with money and weapons so they can exterminate the black man while exploiting resource sites.

    So the next time you see a black face on a website (not because of the color, but because it will be Africans doing it), begging you for help, or making some long plea about his predicament with an exotic name... walk away and don't care.

    Final note. These people also have a lot of white slaves, particularly females. They kidnap women from Europe, America, Canada, Australia... it does happen. 50,000 white females are captured into slavery by these people each year.

    On dating sites you might run across women who claim to be in an African country for the time being (being white, odd right?) asking for money to come live with you or get somewhere. Truth is that these women have some brutal masters telling them to write these things, or having them take pictures of themselves and send them out.

    It's pretty scary, I personally encountered that exact scenario. I asked for pics to make sure she wasn't a man. She sent them, her windows were boarded up, strange. She claimed she was from Sweden, currently located in Nigeria. She asked for money after some long conversations. I asked her to take a picture of herself outside since I was somewhat curious about the wooded up windows. She did not respond again...

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  5. Nigerians are filthy bastards, but try telling that to the hollywood mafia

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