In response to:

Uh Oh: Eurozone Enters Recession for Second Time Since 2009

Petrus64 Wrote: Nov 15, 2012 4:52 PM
"In fact it is cheaper to distribute media globally than distributing capital." Media needs Capital in order to distibute. They get that from advertising. The advertisers are trying to sell Capital Goods and Services.... Full Circle back to Capitalism.

Who's up for one more piece of worrisome economic news today?  Katie's already caught you up to speed on the dramatic increase in weekly jobless claims (we'll need to see some additional post-Sandy data points to determine if this is a trend or an outlier), and Kevin ran through some of the basic figures behind our impending fiscal cliff.  Let's hop across the pond to open door number three:

The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and...