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Divisions Grow as a
Downturn Rocks Europe

New York Times, by Liz Alderman and Alison Smale

Original Article

Posted By:beancounter, 8/30/2014 1:03:32 PM

PARIS — Six years after being struck by economic crisis, Europe is facing a fresh downturn, with few new ideas on the table for reigniting growth and deepening political divisions over the austerity policies that many blame for worsening the malaise. Even as the United States economy rebounds from its worst recession since the 1930s, Europe is heading in the opposite direction. A halting recovery that took hold in the 18-nation euro currency bloc in the last year has now gone into reverse as Germany, France and Italy, its three largest economies, stumble anew. Some analysts say the region could

      


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Reply 1 - Posted by: JHHolliday, 8/30/2014 1:12:27 PM     (No. 9987345)

"Even as the United States economy rebounds from its worst recession since the 1930s"

Maybe it´s rebounding in Washington, DC but not much anywhere else...

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Reply 2 - Posted by: ruready?, 8/30/2014 1:23:12 PM     (No. 9987355)

Europe is on its way to becoming a Caliphate.

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Reply 3 - Posted by: Pearson365, 8/30/2014 1:29:10 PM     (No. 9987364)

The federal government has already reported that our recession ended in June, 2009. Based on NYT´s cheerleading for Obama, which is the primary purpose of the article and not Europe, we have required 5+ years "to rebound". With this "rebound" being the weakest of all recoveries following a recession since WWII, a fact that the Times will always omit.

Expect more NYT, AP and NBC cheerleading as Democratic media try to change subject from Obama´s war in Iraq and soon, Syria. Remember, only Bush went to war in Iraq while Obama ended it. And, only Bush fought wars that were not paid for even though Obama has yet to explain how he is covering the $7.5 million per day costs for bombings in Iraq, a cost that will double and triple as Obama expands our involvement. Booooosh!

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Reply 4 - Posted by: oldmagnolia, 8/30/2014 2:44:50 PM     (No. 9987438)

Correct me if I´m wrong but I think two things:

First, after WWII we took care of Europe for what, 50+ years with money and our precious military. They didn´t have to fight their wars or defend themselves. With the money saved, they turn into socialism and the welfare state, the same thing that they fought the war to get rid of.

Second, the EU is the biggest mistake they made. Countries lost their borders and their identity. Three or four of them support the rest. Thus now, they are full of muslims that do not assimilate. In order for them to survive, they have to get rid of the EU.

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PARIS — Six years after being struck by economic crisis, Europe is facing a fresh downturn, with few new ideas on the table for reigniting growth and deepening political divisions over the austerity policies that many blame for worsening the malaise. Even as the United States economy rebounds from its worst recession since the 1930s, Europe is heading in the opposite direction. A halting recovery that took hold in the 18-nation euro currency bloc in the last year has now gone into reverse as Germany, France and Italy, its three largest economies, stumble anew. Some analysts say the region could

   

 

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