The Traderszone Network

Published in TZ Latest News 27 September, 2014 by The TZ Newswire Staff

Not Even a Dead-Cat Bounce: Russia Sanctions, Whiff of Reality Sink ‘Economic Expectations’ in Germany

Wolf Richter   www.wolfstreet.com   www.amazon.com/author/wolfrichter

Germany is expected to pull the Eurozone out of its funk by stimulating internal consumption. It is expected to allow the ECB to print money and stir up inflation so that other Eurozone countries like Spain or France can leverage that inflation to cut real wages, impoverish their people, devalue mountains of debt, make exports cheaper, and push imports beyond the reach of the poor.

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