Japan? What problem? China? A tad less prone to protectionism and wary of inflation, this a positive for US exporters (stronger Yuan). The EU - from each according to his ability, to each according to his needs. It can’t work. It will unravel gradually however, nothing sudden. Little impact as we have limited exposure, that region. Germany - a buoyant consumer. Best economic expansion in two decades, tied to exports. UK - a modest recovery yet a trigger-happy Bk of England caps anything more.
Robert Craven
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