The rest is here:
It’s the end of deficit spending in Europe as we know it . That’s how Charles Biderman, of TrimTabs, rightly describes the unwilling-to-compromise German’s (perhaps heroic) attitude to their fellow European sovereigns. From his perspective, this forced austerity will mean slower growth and with that all chance that the European nations can ‘grow/tax’ their way out of this charade. He notes there is… Broadcasting platform : YouTube Source : zero hedge Discovery Date : 09/12/2011 18:57 Number of articles : 2
Inevitable Spiral Equity Collapse, Biderman’s ‘Better Early Than Late’ Call To Sell Into Strength