In response to:

Nobody Can't See Nothin'

Chicken George Wrote: Mar 06, 2013 9:23 PM
"All it will take, is for one charismatic person, timing social mood correctly, to say precisely one right thing at exactly the right time. It will happen." The danger is what if that "charismatic person" is another Obama, or Hitler, or Chavez. Bad economic times are a fertile field for evil. The people or ripe for the picking.

As expected (in this corner but certainly not from economic cheerleaders masquerading as economists), eurozone retail sales are plunging across the board, even in Germany. Let's take a look at a few key reports.

France

The Markit France Retail PMI shows sharpest drop in sales for six months.

Key Points:

  • Sales down markedly on both monthly and annual measures
  • Targets missed to greatest extent in series history
  • Purchasing activity falls at sharpest rate since July...