Quote from makloda:
Top two headlines on spiegel.de right now:
* German February Machinery orders implode, down 49% YoY
* German secretary of finance Steinbrück worried by worldwide inflation
Gotta love Steinbrück![]()
need to screen capture that and use it as some sort of admissions test to the ECB; with the question, 'what's wrong with this picture'.
did they actually use the word, 'implode'?!?
down 49%... sounds too robust to me- time for an ECB rate hike. :eek: