Quote:
Originally Posted by heero_yuy
You (conveniently) forget the Amsterdam effect so considerably less of those exports ACTUALLY go into the EU but are transshipped world wide.
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If you can provide more accurate figures I’d welcome those, but the principle applies in any case. No economies act in isolation from it’s neighbours and largest trading partners (to that end I include China, USA, etc).
---------- Post added at 18:03 ---------- Previous post was at 18:01 ----------
Quote:
Originally Posted by Sephiroth
... but there’s nothing left in the Euro kitty if Italy does a Greece.
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Quantitative easing.