World Bank,“Europe appears to have entered recession"

[Sonny]

Brace for economy slowdown, World Bank to poorer nations

The World Bank has warned that developing countries should brace for a growth slowdown stemming partly from Europe's debt woes, as it sharply scaled back its estimates for expansion. “Europe appears to have entered recession, and growth in ...

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World Bank Warning: 2012 May Look Like 2008 ( 2008? Noo! I don't think so.. )
Forbes - ‎44 minutes ago‎
Headwinds prevail in 2012. World Bank warns in January report that market faces possibility of a Lehman Brothers style freezing of credit markets this year. Emerging markets will have to brace for impact in 2012. The Mayan apocalypse might just look a ...

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Euro zone recession to endure midway into 2012

Economic Times - ‎3 hours ago‎
LONDON: The euro zone will probably wallow in a mild recession until the second half of this year, but even that assumes the region's sovereign debt crisis will not flare out control, a Reuters poll of economists found. Glimmers of optimism that ...

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[Ross]

Credit and cash are collapsing in Italy .

And unemployment in Spain , Greece , Ireland , Portugal continues to climb .



IMO it is painfully obvious that a crash is unfolding . When the ship is well ablaze I imagine
they will print money furiously and thereby impoverish almost everybody .




http://globaleconomicanalysis.blogspot.com/