Germany with its attack on their own energy and auto sector is really a special case. But the south won't be able to handle this recession because of the euro and high debt levels. A big crisis is coming to the Eurozone. Watch credit spreads between german 10y Bund and US 10Y. When the premium disappears You know it's over for them.
Germany with its attack on their own energy and auto sector is really a special case. But the south won't be able to handle this recession because of the euro and high debt levels. A big crisis is coming to the Eurozone. Watch credit spreads between german 10y Bund and US 10Y. When the premium disappears You know it's over for them.