Europe is on Strike (Again)…

14 Nov

As Its Economy Continues To Implode, Stock Futures At Highs…

“This is a strike against the suicidal economic policies of the government,” Ignacio Fernandez Toxo, head of Spain’s CCOO union, told supporters late yesterday.” In other words, Europe’s economy which is already doing swimmingly, is about to see 1/60th of its Q4 GDP removed as virtually no economic goods or services are produced today.

Meanwhile as Euro-workers moochers strike for more Obamaesque free stuff…

Output in the 17-nation euro area fell 2.5 percent from August, when it increased 0.9 percent, the European Union’s statistics office in Luxembourg said today. Economists had projected a drop of 2 percent, according to the median of 35 estimates in a Bloomberg News survey. From a year earlier, September output slumped 2.3 percent. European companies are struggling to maintain sales and earnings as the euro-area economy weakens under pressure from the fiscal crisis and faltering global growth.” In other words, the whole world is slowly grinding to an economic halt, and people in the socialist continent celebrate by striking, coming soon to an America near you.

Of course in the US they celebrated by re-electing the candidate most likely to drive the economy off the cliff…

America – this is coming to a neighborhood near you… soon – enjoy the decline

Zero Hedge

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