The eurozone in free fall

2 August, 2012 at 16:22 | Posted in Economics | Leave a comment

The latest purchasing managers indexes (PMIs) released yesterday shows that the eurozone manufacturing has taken another turn for the worse. The 17-nation eurozone has now contracted for eleven straight months. And now it’s not only getting worse in the periphery countries, but also in France and Germany.

How many more are going to get seriously hurt and ruined before we end this madness and put the euro where it belongs – in the dustbin of history!


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