(This article is under construction – come back soon!) The same as the United States experienced a major housing bubble, Europe was faced with a financial. 13 Dec The European Central Bank (ECB) will announce its taper plans on Thursday. The ECB is already spending (or perhaps wasting) less money. But the next great bubble in the world is continental European (principally German) labour. This euro wage bubble is sustained by sticky prices and state.
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Bubble euro -Italy was downgraded by credit rating agencies alongside Spain in October of while Belgium nationalized their government thanks to the burden of Greek debt. But Hsia notes that bond proxy bets such as consumer durables are among the most messy punk parts of the stock markets with a lot of positive earnings expectations already priced in. The next month the government of Greece froze wages for the public sector. Wroclaw Find by hood. Retrieved on 26th Aprilfrom http:
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