“The EuroZone is in the down phase of the business cycle and government regulations make it difficult for startups in most EZ countries to launch, regulations in most EZ countries also make it risky for established firms to hire. Further, unemployment packages make it attractive for most to stay unemployed once they are laid off. Thus you have economies that look like this. Unlike the European Central Bank, which has been doing only very modest money printing, the Fed has been flooding the markets, which has caused, yet another manipulated boom in the housing sector and stock market, that will, soon enough, experience another bust.”
http://www.economicpolicyjournal.com/2013/05/its-not-pretty-eurozone-economies.html
Related posts:
Glenn Greenwald: The Deep State Goes to War With Trump, As Democrats Cheer
Feds seize gold coins worth $80 mln from Pennsylvania family
Legal loophole allows new belt-fed AR-15 that sprays bullets
Fed Warns of 'Escalating Threats' to U.S. Payment System
New Details on Skype Eavesdropping; Program Started In 2009
Did the Southern Poverty Law Center Instigate an Attempted Murder?
US troops arrive in Poland, Latvia for 'drills'
What Gun Owners must learn from George Zimmerman
Rick Falkvinge's 2013 List Of Stone Dead Industries
Bank of England refuses comment on huge discrepancy in custodial gold reports
US Ally Turkey Attacks US-Backed Forces In Syria
465,000 patients have implanted pacemakers with critical security vulnerability
First France, Now Brazil Unveils Internet Censorship To Combat “Fake News”
Poll: Nearly One Third Of Americans Would Accept ‘TSA Body Cavity Search’ in Order to Fly
DHS Inspector General: TSA uses secrecy to avoid embarrassment