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cthulu2016

(10,960 posts)
1. Europe is stubbornly conservative right now
Mon May 14, 2012, 12:38 AM
May 2012

With the new Socialist leader of France promising to balance the budget... they don't seem to be learning over there. There will probably be a reduction of the austerity movement, but I'd guess only back to previous levels. Nothing dramatic.

On the other hand, China's economy is cooling off and as this all plays out will probably see more aggressive stimulus than in Europe.

Just my thoughts/guesses.

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