Good news - real fall in inflation!

[AtW]

In Eurozone that is - "2.8pc last month from 3pc in November."

Eurozone inflation slips, raise hopes of further rate cuts - Telegraph

Meanwhile UK continue to suffer from deadly clutches of deflation ...

[sasguru]

In Eurozone that is - "2.8pc last month from 3pc in November."

Eurozone inflation slips, raise hopes of further rate cuts - Telegraph

Meanwhile UK continue to suffer from deadly clutches of deflation ...

Yes I'm sure the millions of depressed, unemployed Greeks, Portuguese, Italians etc will be ecstatic at the news.
Cretin.

[AtW]

Yes I'm sure the millions of depressed, unemployed Greeks, Portuguese, Italians etc will be ecstatic at the news.

They will be because costs of basic essentially isn't going as much as in this country, the main reason for this is because euro is a reserve currency with the bright future. This is much better than holding local ponzi currency worth a tulip.

Official UK inflation in November was 4.8% or 60% more than in eurozone.

[BrilloPad]

They will be because costs of basic essentially isn't going as much as in this country, the main reason for this is because euro is a reserve currency with the bright future.

The main reason inflation is falling is that recession is starting. The ECB should be very careful to avoid deflation - they need to start printing.

[Paddy]

The Greeks should default and leave the Euro, Goldman-Sacs and the former Greek government should be put on trail

[BrilloPad]

The Greeks should default and leave the Euro, Goldman-Sacs and the former Greek government should be put on trail

It is almost impossible for a weak country to leave the Euro. Its not exactly easy for a strong country to leave - but it is doable.

[Paddy]

It is almost impossible for a weak country to leave the Euro. Its not exactly easy for a strong country to leave - but it is doable.

Watch the video first...

[AtW]

The ECB should be very careful to avoid deflation - they need to start printing.

There is a massive 50% and buy-1-get-1-free deflation going on in the shop just now, what would BoE do about it to save us from further deflation?

[AtW]

It is almost impossible for a weak country to leave the Euro.

And why would it?

There are no benefits at all - inflation will be x00% per year, default on euro bonds will prevent further sales of debt and who wants to buy bonds issued in quickly depreciating currency?!?

[TimberWolf]

It is interesting that money men still invest in the UK, despite that fact that it appears to be in dire straits. Are these people or institutions able to dump their UK loans somehow when the rest of the world recovers or when/if Sterling becomes worthless? Or perhaps it's printed money buying these loans at low rates?