In response to:

Uh Oh: Eurozone Enters Recession for Second Time Since 2009

rhinegarten Wrote: Nov 15, 2012 8:55 PM
The Eurozone, which is nothing more than a continent-wide experiment in socialism, is destined to fail. The Germans must be furious that they are forced to support Greece, Spain, France, Portugal and Italy because these countries were so fiscally irresponsible.At least Britian had the brains to stay out.
Lars795 Wrote: Nov 16, 2012 12:23 AM
The average German is furious that they are forced to bailout those other lazy countries. The average German works 40 hrs a week, 6 days a week. Granted they do get good vacation benefits. They can retire at 65. Of course they do have that group that chooses to live off others, and then complain that they don't get enough.

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...