http://www.businessinsider.com/german-flash-pmi-2013-4 Flash PMI for Germany. The effects were bound to show up at some point, given Germany’s export-led growth model and the destruction of European export markets through austerity. My chain-link here would be Spain/Italy-France-Germany as the path of contagion. Victims are thus very much The Netherlands, Eastern Europe ( Germany’s “workplaces”) and eventually Finland.
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