Estonia also got trounced along with ireland, and had 19% unemployment: so they again slashed corporate taxes, cut gov't, etc. and now are uptrending. Russia has drill baby drilled their way fully out of an economic chasm (while obama's gonzalez' EPA refuses to issue Gulf permits), now with a $50 billion surplus as they move to dominate Europe's gas sector.
If the world's currency were not the US Dollar, our standard of living would decline 25% as they came back to us, worth far less.
ATTENTION: Bloomberg's Matthew Lynn On The ECB Presidency And The Eurozone Crisis
By Benzinga Staff
March 07, 2011 12:51 PM
Tags: euro, Benzinga Podcast, BLOOMBERG NEWS, Matthew Lynn
Posted in: Movers & Shakers, Life
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