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PAR 09:09:31 GMT - 01/15/2020  
Credit ratings of euro countries downgraded

The rating agency Moody's lowered the outlook for the creditworthiness of the euro countries to “negative”. The more skeptical assessment is based on the high level of public debt. Most euro countries would have only limited buffers to react to a deteriorating external environment. This makes euro area countries vulnerable to geopolitical risks or an increase in protectionism, Moody's commented.


Livingston nh  11:46:25 GMT - 01/15/2020  
Critical Mass of Money Creation over the past decade has been pushed out by CBs and politicians w/ idiotic programs

And NOW
LINK

from me 2009 -
"The big currency trend is the steady erosion of manufacturing jobs and some other outsourcing - the only way to reverse that is protectionism through subsidy and offshore tax changes - globalization is dead so the folks who are talking about reserve currencies and changes to the current regime might give that some thought"

SO - nobody expects INFLATION (see Monty Python's Spanish Inquisition)






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AA 14:00 US- Final Univ of Michigan


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