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A Graphical Walk-Through Of An ‘Un-Fixed’ Europe
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / By Tyler Durden / 04/03/2013 21:31
Why has the Euro-zone fallen back into recession, and why can’t it shake of its seemingly never-ending crisis? Is there light at the end of the tunnel – or is that an approaching train? A walk through the Euro-zone with charts of macro-economic data reveals the crisis is far from over. Instead, most trends are pointing towards further deterioration - facts as opposed to the hope and anecdote that we are bombarded with on a daily basis. While perusing these charts, consider EU President Barroso’s comments just today that, “the worst of the crisis is over.” You decide.
Full chart pack below…
While retail sales are stagnating in Germany, they are shrinking dramatically in countries that had to be bailed out.The Netherlands are again a surprise, with similar development as in Hungary. In Germany and France, industrial production peaked in early 2011. Other countries (Greece, Spain, Portugal) never really recovered.
Thanks to BrotherJohnF
2013-04-03 20:47:19
Source: http://silveristhenew.com/2013/04/03/a-graphical-walk-through-of-an-un-fixed-europe-2/
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