The fall in consumer spending in the USA despite real incomes rising (owing to falling oil prices falling) indicates a maturing middle class who are reluctant to spend and more keen on saving. They have been on the learning curve of a recession. There is a certain circumspection which the consumer prefers, fresh as his mind is on the impact of the Great Recession. Saving today is spending tomorrow.
The strength of the dollar might have hurt the american exports a trifling and that seems reflected in the increased jobless claims.
Greek news gets better:
"I'm very confident that together we can find a mutually viable solution in order to heal the wounds of austerity..."( Tsipras)
The strength of the dollar might have hurt the american exports a trifling and that seems reflected in the increased jobless claims.
Greek news gets better:
Heard
melodies are sweet:
"I'm very confident that together we can find a mutually viable solution in order to heal the wounds of austerity..."( Tsipras)
Those
Unheard are sweeter!
Chancellor Merkel
said Germany was ready for a conciliation.
Without any risk or responsibility.
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