Baseball91's Weblog

May 17, 2009

The Summer Driving Season

I am not a sabermatics guy. But….

In Europe, deflation was shown in the 16 nations of the European Union in the reduction of the economies in the the 4th quarter of 2008, down 1.4%. And now down 2.5 percent in the first quarter. Reuters had a piece that according to the French daily Les Echos, the French economy shrank 1.2 percent in the first quarter of 2009 as compared with the previous three months.

It ain’t over. Economics had a way of testing all relationships. Time will tell how the European Union is holding up. The question was not whether politics would turn ugly, but how.

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