| Talkback | |
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Title: | And the big winner is.....Europe. | |||
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| Name: | Stephen. | | |||
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| City: | Geneve. | State: | Switzerland | | |
| Blame it on the sub prime market, overspending, the wars in Iraq and Afganistan. It had to happen..The Hedge Funds & Pension Funds are running for cover. The US has been buying Euros, to offset the dollar. America, may be in a recession, however America is also a giant industrial exporter and will recover sooner than most people believe. I call it a "pause". Time to retool your industry America. Europe so far is the big winner from globalisation. |
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