The NYT notes the recent decline in the euro and points out some of the negative economic effects (e.g. higher oil prices), then tells readers: "more important, there is a queasy feeling that the decline of the euro makes an uncomfortable statement about Europe’s chronic tendency to underperform the United States in economic growth."
Hmmm, "there is a queasy feeling." Where does one find this queasy feeling? The NYT quotes the chief executive of a German health care company who seems to feel somewhat queasy, but that is the only evidence presented in an article with the headline: "ailing Euro Seen as a Signal of Deeper Woes on Continent." They may have overstated their case somewhat.
You need to be logged in to comment.
(If there's one thing we know about comment trolls, it's that they're lazy)