Thursday, January 5, 2012

Roubini : Ireland economy is clearly double-dipping

"Ireland is clearly double dipping : Irish Services PMI falls to 48.4 in Dec down from 52.7 in Nov, lowest level since Dec '10" wrote economics professor Nouriel Roubini in a twitter message from Germany where he is giving a speech on the 2012 global economic outlook . The EuroZone is falling into a recession and the core EuroZone is not immune from it he explained in another twitter message

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