Industry NewsMarkets & Economy

Time to ditch the euro

Commentary: Debtor nations can't compete with Germany
Published on Nov 23, 2011

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It is Thanksgiving here, not over there, but given the sudden silence over there you'd think they were the ones on holiday.

Here we got the mild disappointment of third-quarter GDP revised down from 2.5 percent to 2 percent. Stock market Pollyannas are already spinning: Since inventories were not rebuilt in the third quarter, contributing to the downward revision, the fourth quarter is going to be hot, hot, hot!

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