Friday 26 September 2008

Should we still bet on growth?

Euro lower against the U.S. dollar 1.52 and then 1.51. Jean Claude Trichet maintains the rate of the ECB and the markets are beginning to worry. For Asian analysts is "a first step towards a trend to lower its interest rates" is a sign that the economy of the euro zone go wrong.

It is surprising that info found in the gallery, as many economists serine us not long ago, and our president will echo that needed to make it go better than the rate of the ECB decline and when we start to consider that decline indicates that it is going badly. Should know when lower rates that go wrong or not ... It displays in the presence of a herd of Dr. Knock "the lower rate it tickles you or that you gratouille."

According to Trichet the ECB risks identified some risks to growth. Some materialize "and many economists predict a recession by the end of the year.

So we rely Question 5 of the contribution social emergency: Is there still any bet on growth?

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