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Showing posts with the label Economic Malaise

Wheels coming off

If you were to believe eveything you read in the economic times of the world - any pub that yaks about how a sovereign is doing with its money matters you would conclude that there are a lot of spare wheels lying around. Take for example the headlines - Wheels coming off the CHinese economy; The US employment picture is much worse than you think - the wheels have come off the train; Indian economy grinds to a halt etc.. With all this braking and wheel coming off activity I suspect that there is going to be a lot of walking around going on? Could that perhaps reduce the pollution and lead to healthier citizenry that is less obese? Perhaps there is a silver lining to this dark cloud after all? But then the word MALAISE puts a damper on things. There is a lot of that too going on. Greek economic malaise spreads to Spain and Italy - this one seems to be happening faster than the previously mentioned Hanta epidemic. The entire Euro Zone seems to be on the brink of a serious corre...