A great little nugget from Ambrose Evans-Pritchard discussing the long lauded idea of decoupling in Europe and abroad. (For those of you who don't know what decoupling is, its the idea that even though the U.S. is heading towards a recession, everywhere outside of the us will continue to grow). A very sobering review of the current situation:
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/april2008/thisbeargrowlson.htm
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