Skip to comments.How The World Economy Changed In One Month
Posted on 05/02/2012 6:27:28 AM PDT by blam
How The World Economy Changed In One Month
May 2, 2012
Global manufacturing was deeply depressed in Europe while North America showed continued strength this April, new data out of Markit Economics shows.
The firm released PMI readings for more than a dozen countries over the past twelve hours, with large declines across the euro area, as powerhouses like Germany succumbed to regional weakness.
U.S.: 54.8 in April, up from 53.4
Canada: 53.3 in April, up from 52.4
U.K.: 50.5 in April, down from a revised reading of 51.9
Eurozone: 45.9 in April, down from 47.7
Spain: 43.5 in April, down from 44.5
Italy: 43.8 in April, down from 47.9
China: 49.3 in April, up from 48.3
Japan: 50.7 in April, down from 51.1
Below we present two map. First, the world map updated with revised April PMI results.
Eric Platt/Business Insider
The second map is based on manufacturing reports from March, highlighting the rapidly changing conditions in both the U.S. (which saw continued strength), and Europe (which fell further into decline).
(Excerpt) Read more at businessinsider.com ...
Up in the U.S. due to the marxists in control of the sadistics.
Spoiled, lazy populations in profligate countries are giving the big “F*** YOU!” to austerity. Nothing to see here, move along.
Europe tanking...Asia slowing. Our growth is anemic no matter what Obama’s propagandists say.
There is a pattern that sometimes happens >> Dimocrats eff things up royally. Repubs are voted in and make the necessary and painful corrections but get blamed for the pain. Dimocrats take over just as things are getting better, which they gleefully take credit for. Dimocrats take more steps to move us ever toward fascism, which effs things up royally again.....
What you refer to as a pattern, I refer to as a pendulum. Imagine one of those pendulums you see at a Science Museum... two floors high. In a calamity unprecedented in American History, the pendulum has swung 1,000% beyond its normal swath. What NEEDS to happen is for a corresponding swipe of the pendulum 1,000% in the opposite direction. Here on FR, much of the sentiment is that the response this November will be to hold that pendulum in the 1,000% marxist direction for 4 more years, or stretch it further to... 2,000%.
With sadness that Newt is dropping out, but glad that he is witholding any endorsement, Rotney IMHO will allow the pendulum at the federal level to swing back, to, perhaps the neutral position. ABO means not allowing it to go to 2,000% or more in the marxist direction (breaking the rope)...
Socialism fails alert.
To what degree is US growth because high gas prices now make it too expensive to import?