Friday, October 06, 2006

Vive la France!

"The French economy grew by 1.1% in the second quarter, its strongest growth in 20 years, while German output expanded 0.9%, the best performance in five years." This was reported by BBC. Unfortunately, Socialism is a self-perpetuating disease.

This gives me an idea to think about: if global forces drive inflation, then shouldn't Europe, with its much slower GDP growth forecast inflation before the U.S.?

I'll have to think about it.

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