Comedy of errors gangnam style

The papers are full of the news that the UK has been downgraded by one notch to AA1 by the rating agency Moody’s.

Whilst that will prove to be a temporary blip, and will cause some angst the real story goes gliding slowly by, undetected.
The key is still the eurozone. Let us take or step at a time. France, one of the cornerstones of Europe had stated that GDP debt would hit 3% . This week they announce that can we forget that target, and move it to 3.7%, and we might hit that target next year. The key word is might! Have no doubts that the French economy is  in far worse place than the UK.
Let’s take another step. If I had said that a comic would hold the balance of power  in Italy, you would say, nothing new there, but this is a newcomer, a real comedian. Last weekends Italian election Could prove to be. crucial. for the eurozone.
With Signor Monti , installed by Brussels, not the Itallian  people, and ( the EU,s chosen autocrat) coming a poor fourth, will austerity be given the elbow. Perhaps it is time that Brussels realises that the EU  based  on people, and if you ignore them, chastise them, dictate to them, there will come a. time when they will say enough is enough. It  was noticeable that the German president made similar comments this week. I wonder if the Eurocrats will come up with some unusual moves, something original, even gangnam  style!
So where does that leave us, the pound is down, the euro is up, but we all know that this  could well change over the next two to three months.  For once Germany is on the side lines, as play continues on the pitch. If Italy move away from austerity, and France just stagnates, where will the euro go?  Perhaps after the German election, Brussels will be taught German discipline. For without it, I fear the eurozone will be under great downward pressure.
But with all good comedy,  the punch line comes at the end, is  a low euro the key for growth in the eurozone.  And as Jeremy Clarkson would say, and on that bombshell , goodnight or should that be guten nacht.
For real  insight in  european equipment leasing, follow the leader, Oak Leasing.
Real people in the real Europe.
This entry was posted in Equipment Leasing, European Leasing. Bookmark the permalink.

25 Responses to Comedy of errors gangnam style

  1. Eliza says:

    This article keeps it real, no doubt.

  2. Abe Ballagas says:

    Quite superior internet site thank you so much for your time in writing the posts for all of us to learn about.

  3. Frederic says:

    Great. I’ve bookmarked it

  4. Garrett says:

    Excellent post.

  5. Sven Andersson says:

    You actually make it seem so easy with your presentation but I find this matter to be really something that I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

  6. Jeff says:

    Major thanks for the article post. Really Cool.

  7. Antonia says:

    Keep functioning ,terrific job!

  8. Mary Ellen says:

    I’m absolutely enjoying your blog and look forward to new posts.

  9. Fredrick says:

    Good post.

  10. Malik says:

    Thank you for any other good article.

  11. Morgan says:

    Hey There. I found your blog using msn. This is a very smartly written article. . Thank you for the post.

  12. Sergio says:

    Loved your web-site. You absolutely have incredible posts. Thanks for sharing with us

  13. Helena says:

    Hi! I’ve been reading your web site for some time now and finally got the bravery to go ahead and give you a shout out from Huffman Texas! Just wanted to say keep up the good job!

  14. Yuki Bhola says:

    Your web site has helped me greatly. Thanks

  15. Lynette says:

    This is one awesome blog.Thanks Again. Much obliged.

  16. Ceene says:

    Good post but I was wanting to know if you could write a little more on this subject?

  17. Katarina says:

    very nice put

  18. Viv says:

    Great web site. Thanks

  19. Gorach says:

    Magnificent website. Plenty of helpful info here.

  20. ralph says:

    great blog!

  21. Cherrie Vates says:

    I came upon your site on google and checked out a few of your early posts. Stick with the very good articles.

  22. Jackie Mann says:

    Hi there, You’ve done an incredible job. I will certainly digg it and personally suggest to my friends. I’m confident they will be benefited from this website.

  23. Donny says:

    Hello there! This is my 1st comment here so I just wanted to give a quick shout out and say I genuinely enjoy reading your blog posts.

  24. friv says:

    Hi there, You have performed a great job. I will certainly digg it and in my view suggest to my friends. I am confident they’ll be benefited from this website.

  25. George says:

    Very great post.

Leave a Reply to Helena Cancel reply

Your email address will not be published. Required fields are marked *