Are European Leaders All Freaking Out At Once Because They Saw The Same December Economic Data?

[Matter-Eater Lad]

.............

 

Three makes a trend right?

 

* Angela Merkel almost dared traders to go short the euro, telling a newspaper that Greece would threaten to buckle the currency.

* ECB chief Jean-Claude Trichet said today that interest rates will remain super-cheap.

* Nicolas Sarkozy said this past weekend that he wanted the government to take a more active role in currency manipulation (i.e. make the euro cheaper).

 

Gee, what gives? Maybe they all saw ugly December numbers -- like the production data out of Germany -- showing a return to recession. They're freaked out about jobs going to low-cost United States.

 

Either that, or it's just a total coinicidence that the three most influential players in the EU are all talking about this right now.

 

Your pick.

[Saffire]

lol Nick, Nick, Nick.

 

Don't you know anything? This is all part of the recovery!

 

It's a slow one, but it's happening!