The Chart Obama Does Not Want Merkel To See The weekends headlines reeled from the collapse in global manufacturing PMIs and with them the last best hope for the worlds economies to reach escape velocity all on their own. However, there was one nation that did not plunge... there was one country whose growth (based on the soft survey data) is at 10-month highs. Perhaps this is the chart that President we need moar sanctions and costs Obama does not want Angela umm, wait a minute Merkel to see... Since sanctions began the plunge in Euro-Area PMIs has been commensurate with the rise in Russias (oh and according to survey-data, US is as good as it has ever been)...
Posted on: Tue, 02 Sep 2014 16:55:33 +0000