More like stabilizing, have you seen any figures from Europe lately Unit 61398? The German economy is excepted to grow by only 0.5% this year, Norway will grow at 1.7%, the UK and French economies will shrink but that is excepted as this is what happens when you are on austerity, but in general EU exports are higher then the last 2years.<quoted text>
Meanwhile, EU is sinking.
As I have mentioned so many times before the European economy is continuing to weigh on growth in the short term, the eurozone is expected to rebound in the last three months of this year, registering 0.7% growth in the fourth quarter.
China on the other hand has her real estate market overheating again as exports and house hold demand shrinks, the economic stimulus plan is no longer regestering the same effect as it did before as the higher cost of maintainance on existing projects continue to weigh growth down, SOMEONE ELSE APART FROM ME HERE GET THE FEELING THAT THIS IS REALLY LIKE WHAT HAPPENED IN JAPAN?