ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Saturday, September 18, 2010
What happened to Europe's collapse
Europes recovery has begun a lot sooner than economic analysts initially believed. There is a lot of confusion as to why the economy is experiencing a recovery so fast when they really have taken little initiative to do anything about the recession this summer. The euro is finally growing against the dollar. The primary focus of Europe is the strength of their currency. The expectations for the European economies were nowhere near as good as they have actually proven to be. This shows that the European economies appear to be built to take care of themselves. The proof is evident in this recent event and in the approach that the leaders in the economies took to prevent the recession.
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