This came out today from the OECD, the May, 2011 leading indicators, which shows OECD countries pointing to a slowdown. The white triangles are OECD’s call for a slowdown. Need I explain why money pumping stimulus doesn’t work?
The World Is Turning … DownThis came out today from the OECD, the May, 2011 leading indicators, which shows OECD countries pointing to a slowdown. The white triangles are OECD’s call for a slowdown. Need I explain why money pumping stimulus doesn’t work?
3 comments to The World Is Turning … Down |
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[...] from The Daily Capitalist. [...]
[...] not likely to be achieved. That becomes very likely in light of the fact that Europe's economies are declining. Anticipated revenues will fall short of projections. A Reuters article on the crisis hit the [...]
[...] likely to be achieved. That becomes very likely in light of the fact that Europe’s economies are declining. Anticipated revenues will fall short of [...]