Europe slows as US economic depression goes deeper – higher dollar lower euro and gold
Sam Adelton
Feb. 7, 2008

The European economy is getting weaker. European Central Bank President Jean- Claude Trichet signaled that risks to euro-region economic growth are increasing, prompting investors to raise bets on interest-rate cuts.

The hold on rate cut cannot go for long. ECB will have to cut rate while inflation is a major factor. There is a little lag between the US economy and the European economy. US economy leads by six to eight months.

``As the reappraisal of risk in financial markets continues, there remains unusually high uncertainty about its overall impact on the real economy,'''' Trichet said at a press conference in Frankfurt today after the ECB kept its key rate at 4 percent. ``We will continue to monitor very closely all developments over the coming weeks.''''

The ECB's not going to cut in next couple of months, but it is starting to prepare the markets for rate reductions.

It signals higher dollar lower euro and gold.

Europe slows as US economic depression goes deeper – higher dollar lower euro and gold
Sam Adelton
The ECB's not going to cut in next couple of months, but it is starting to prepare the markets for rate reductions. It signals higher dollar lower euro and gold.
READ MORE>>

American right wing neo cons and left wing organized socialists get rejected, as McCain gets ready to face Obama in Presidential election
Sandra Simons
Obama and McCain will run for Presidential election. Both are graceful moderate centrist who will not engage in personal dirty attacks like Bushs or Clintons.
READ MORE>>

Clintons now plan to spend millions of their own to defeat Obama – it is time to resist puppet monarchy in America
Sandeep Guha
Clintons now plan to spend millions of their own money to defeat Obama. They do not have a choice. They took money from big lobbyists and rich individuals. Their supporters perhaps capped out at the $2300 limit.
READ MORE>>

Bill Clintons’s strategy now is to win the super delegates by hook or crook - the Clinton machine ready to rig the election with sweet talk
Anil Rane
The top Democratic officials are now worried that there is a corrupt match fixing game plan in play. The process is simple. You vote for me and I will get you what you need.
READ MORE>>

Sharp fall in ISM service index confirms US depression
Sam Adelton
This is no recession. This is pure and simple depression. The service side of the economy has almost stopped. The service side constitutes 90% of the economy and is falling sharply.
READ MORE>>

American Federation of Teachers using automated phone call systems to spread Hillary Clinton’s message invading cell phone and individual privacy
Special Correspomdemt
I understand how AFT got my number. I was a union member before when I taught as adjunct faculty in a state university. First, they did not update their list. I am no longer their member since I do not teach in the same university.
READ MORE>>

The underemployment changing to increasing unemployment – the US depression becoming more intense
Karen Zuba
Let us look at the reason of the economic depression. Since 1980, America deprived its middle class by exporting jobs, allow illegal immigration, bring in H1b well paid technicians fro India and other countries.
READ MORE>>

MORE ARTICLES >>