…of the BCAL: Ireland, Spain, Portugal, Greece, and a couple of other Eurozone economies that are not labeled (Cyprus, Malta, and Slovak Republic). Finally, quadrants I and IV list economies…

…certainly for the Eurozone, but possibly for the global economy as well. The financial circumstances of US and UK households are very similar despite their diverging saving rates over the…

…certainly for the Eurozone, but possibly for the global economy as well. I’m in no way “blaming” this on the Germans – the banking system there will eventually contend with…

…problem is that the US private sector is sitting on an iceberg of debt; and the only way to avoid the economic pain of large-scale default is by dropping leverage…

…China (see Goldman Sachs report below). And these countries have strong trade ties with Europe – the Eurozone was 15% of 2009 world GDP (PPP value) according to the IMF….

by Rebecca Wilder Today I digress from my recent Eurozone obsessions to compare the U.S. Consumer Confidence report (released today) to the PMI production surveys, a “soft” comparison of supply…

Forget the Eurozone for just a minute. Japan’s problems are big: Toyota is a major exporter/employer. Last year 48% of all new standard passenger vehicles sold in Japan were Toyota…

…cost of growth later in the forecast): The 2010 U.S. growth Update is 1.2%-points above the October level, now 2.7%. The Eurozone GDP growth Updated to 1% pace in 2010,…

…forecasting Eurozone entry to be around 2009 – 2012 for the biggest accession economies (Czech Rep., Hungary and Poland) and some time later for the others. Entry into the EU…

…a lot to the US economy because the Eurozone is reasonably self-sufficient (60%+ of their trade is internal trade) and we import and export reasonably similiar goods to each other….