The U.S. economy finally seems to be climbing out of the deep hole it entered during the global financial crisis. Unfortunately, Europe, the other epicenter of crisis, can’t say the same. Unemployment in the euro area is stalled at almost twice the U.S. level, while inflation is far below both the official target and outright deflation has become a looming risk.Investors have taken notice: European interest rates have plunged, with German long-term bonds yielding just 0.7 percent. That’s the kind of yield we used to associate with Japanese deflation, and markets are indeed signaling that they expect Europe to experience its own lost decade.
Blogs I Follow
- What's going on in Ghana libraries?
- Sending books to Burkina Faso
- Reading Fati and the Honey Tree in Sumbrungu library, Ghana
- Recent activities in Ghana libraries
- SSNIT pension payments (social security) for librarians in Ghana
- Visites des élèves aux bibliothèques au nord du Burkina Faso
- Students use Ghana libraries to study for end of year exams
- FAVL finalist for Systematic Joy of Reading Award!
- L'excellence récompensée à FAVL
- Achat de livres pour la bibliothèque de Niankorodougou
- FAVL expenses in Ghana from January through April 2017
- Echos de Niankorodougou
- Une bonne information du côté de la commune de Tongomayel
- La nouvelle : Sur les sentiers épineux de la démocratie
- Le coordonnateur national de FAVL-BF à Conakry Capitale Mondiale du Livre