Two stories that came out (on ZH’s web site the last day or so) that remind me that Europe (and China’s) economies seem to be in deep shit….
First story came out and said the China is considering the issuance of 10 trillion yuan ($1.4 trillion) in extra debt in the next few years…
And the second story (for paid subscribers, which I don’t do, so I only see the headline) intimated that things in Europe’s economy are very bad…..European earnings sentiment is deteriorating.
Could it be that the US economy is the lesser of all of the evils out there????
