Tuesday, September 2, 2014

There is only one loser in the proxy war between U.S. and Russia and it is Europe

Like most government reports, many important indicators are paired down to three letter acronyms that tend to diminish their value, and become easily glossed over by those who either invest from that data, or simply ignore it like the general public.  But for very important economic indicators such as the Purchasing Managers Index (PMI), the data can be not only vital to an individual nation’s economy, but in the case of Europe who is caught in the middle of the ongoing proxy war between the U.S. and Russia, it can validate the one thing that has been overlooked since the implementation of economic sanctions…

And that is, Europe is the only loser.




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