Europealready has onefootin ‘Japanese’ deflation grave
http://feedly.com/k/16u622n

Europe is sliding into a deflationary trap, displacing Japan as the world’s epicentre of policy error. The effect is already causing debt ratios in half a dozen countries to ratchet upwards to the point of no return, making a mockery of the EMU debt crisis strategy.

shared via http://feedly.com