Spain, we are not angry with you just disappointed. You have so much potential, but you stay in your country napping <I don’t know I see a paywall thing and so just know French people spent more cash than expected>.
Edit: article posted, so Spain spent less than expected, France more. Guessing it’s a level of confidence or pent up demand or indication of how previous restrictions are still impacting people.
> The outlook is less sanguine. Persistent supply shortages and transportation logjams are leading to factory orders being canceled or delayed, and surging inflation is threatening to undermine consumption.
Sounds like the same issues the UK has been having with Brexit..
Heya any chance of having the article posted here? I just face a paywall.
**France Surprises With 3% Growth, Spain Disappoints: GDP Update**
French economic growth accelerated sharply in the third quarter as households ratcheted up spending following the suspension of most Covid-19 curbs.
Output rose 3% in the three months through September, exceeding all but one estimate in a Bloomberg survey. In Spain, the economy expanded 2%, less than the 2.9% forecast as households cut back on consumption.
Germany and France will offer performance updates later this morning, before a report at 11 a.m. is set to show an expansion of 2.1% for the 19-nation euro area.
The outlook is less sanguine. Persistent supply shortages and transportation logjams are leading to factory orders being canceled or delayed, and surging inflation is threatening to undermine consumption.
The European Central Bank pushed back against market expectations of interest rate hikes next year to counter higher inflation, which President Christine Lagarde said will decline in the course of 2022. The Governing Council will receive new forecasts in December, when it plans to decide on the post-pandemic policy path.
Surprise, motherfuckers.
France back to pre-pandemic GDP. Other EU countries not too far behind.
Why is Spain so sluggish?
Europe grows some odd trillion or two in 15 years while the US grew 10 trillions.
Doesn’t seemingly bother anyone. Social security for 50 millions today is apparently worth more than social security for a 100 million people in 15 years.
Macron Stronk !
Now imagine how shitty this pandemic would have been handled under LePen
FRANCE BAISE OUAIS !
FRANCE BAISE OUAIS !
(S)pain
Are you ok guys?
Italy with 6% growth is something to behold, but the question is if it will continue in 2022.
13 comments
Spain, we are not angry with you just disappointed. You have so much potential, but you stay in your country napping <I don’t know I see a paywall thing and so just know French people spent more cash than expected>.
Edit: article posted, so Spain spent less than expected, France more. Guessing it’s a level of confidence or pent up demand or indication of how previous restrictions are still impacting people.
> The outlook is less sanguine. Persistent supply shortages and transportation logjams are leading to factory orders being canceled or delayed, and surging inflation is threatening to undermine consumption.
Sounds like the same issues the UK has been having with Brexit..
Heya any chance of having the article posted here? I just face a paywall.
**France Surprises With 3% Growth, Spain Disappoints: GDP Update**
French economic growth accelerated sharply in the third quarter as households ratcheted up spending following the suspension of most Covid-19 curbs.
Output rose 3% in the three months through September, exceeding all but one estimate in a Bloomberg survey. In Spain, the economy expanded 2%, less than the 2.9% forecast as households cut back on consumption.
Germany and France will offer performance updates later this morning, before a report at 11 a.m. is set to show an expansion of 2.1% for the 19-nation euro area.
The outlook is less sanguine. Persistent supply shortages and transportation logjams are leading to factory orders being canceled or delayed, and surging inflation is threatening to undermine consumption.
The European Central Bank pushed back against market expectations of interest rate hikes next year to counter higher inflation, which President Christine Lagarde said will decline in the course of 2022. The Governing Council will receive new forecasts in December, when it plans to decide on the post-pandemic policy path.
Surprise, motherfuckers.
France back to pre-pandemic GDP. Other EU countries not too far behind.
Why is Spain so sluggish?
Europe grows some odd trillion or two in 15 years while the US grew 10 trillions.
Doesn’t seemingly bother anyone. Social security for 50 millions today is apparently worth more than social security for a 100 million people in 15 years.
Macron Stronk !
Now imagine how shitty this pandemic would have been handled under LePen
FRANCE BAISE OUAIS !
FRANCE BAISE OUAIS !
(S)pain
Are you ok guys?
Italy with 6% growth is something to behold, but the question is if it will continue in 2022.