http://www.telegraph.co.uk/finance/comm ... o-die.html
Ambrose Evans-Pritchard: 2012 could be the year Germany lets the euro die
There will be no Chinese credit explosion this time, no real help from post-bubble India or over-stretched Brazil.
It will be a global downturn on all fronts, aborting what remains of recovery even before industrial output in the OECD bloc has regained its pre-Lehman peak.
The above article is a brief but broad assessment of what could happen financially this year. The outlook for european integration and the single currency is pretty bad, as expected. It is my guess that we are still waiting for the EU to take the helm...
Blessed is a man who perseveres under trial; for once he has been approved, he will receive the crown of life which the Lord has promised to those who love Him.