Krugman calls top on dollar

Doug Henwood dhenwood at panix.com
Tue Aug 3 08:53:39 PDT 1999


DANIEL.DAVIES at flemings.com wrote:


><<The fiscal and monetary squeeze in Europe is pure madness. No it's
>not madness; it's class war against the welfare state and high wages>>
>
>In Germany and UK, for sure.

Could someone explain what's going on with the British economy? I read about weak GDP, weaker manufacturing, a housing boom.... What's the story?

Doug



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