The Phaserl


The Chart Obama Does Not Want Merkel To See

from ZeroHedge:

The weekend’s headlines reeled from the collapse in global manufacturing PMIs and with them the last best hope for the world’s economies to reach escape velocity all on their own. However, there was one nation that did not plunge… there was one country whose growth (based on the soft survey data) is at 10-month highs. Perhaps this is the chart that President ‘we need moar sanctions and costs’ Obama does not want Angela ‘umm, wait a minute’ Merkel to see…

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