WSJ (Sept. 28, 2012):An indicator that has correctly recorded contractions in the euro zone suggests the currency area has entered another recession, a development that would underline the difficulties for governments to resolve the currency area's fiscal crisis.
AP (Sept. 20, 2012): Europe appears headed for a deepening economic recession despite a recent easing in market concerns over the three-year debt crisis, a closely-watched survey found Thursday.
FT: (Aug. 14, 2012): The eurozone edged closer towards its second recession in three years after a resilient economic performance from Germany and France failed to prevent the single currency bloc from contracting in the second quarter.
This time is different, the US economy will thrive even with the world's largest economy (the European Union) experiencing a whole lot of problems...
Source: http://online.wsj.com/article/SB10000872396390443843904578024350336679008.html
Source: http://www.zerohedge.com/news/2012-09-27/guest-post-gdp-and-durable-goods-heading-recession
Source: http://www.cbc.ca/news/business/story/2012/09/20/europe-downturn-pmi.html
Source: http://www.ft.com/cms/s/0/fd4d2b94-e5e0-11e1-a430-00144feab49a.html#axzz280PHIgYZ
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