Yes, this also is the word in Germany. First America, then Germany, then the rest, it appears we live in a domino world, one fall creates the next and down the line.. But, we can only climb a mountain and once to reach the peak, and there is no more, then it is down hill.
I saw the headline about European recession. I hope that these recessions would be smoother than before, I mean since we are prepared for it and there are plenty of baby boomers that need to live from something, we would survive.
Laurence Boone (born May 15, 1969) is a French economist whose fields of interest include macroeconomics, European politics and public finance. She was an economic advisor to the President of the French Republic between July 2014 and March 2016 under François Hollande's presidency.
Group Chief Economist and Head of Economic and Sector Research Michala Marcussen assumed the role of Societe Generale’s Group Chief Economist in September 2017 and leads a team of over 30 economists and sector engineer’s in her role as Head of Economic and Sector Research in the Risk Division. She is a member of Societe Generale’s Group Management Committee and has been with the Group since 1994.
With over 30 years of experience in the financial industry, she is a frequent commentator in the economic debate. Michala Marcussen holds a Master of Science in Economics from the University of Copenhagen and is a CFA charterholder. Michala Marcussen is also Vice President of the SUERF (European Money and Finance Forum) Council of Management.