Another interesting set of data from the Citi Research:
Table 1: These are Citi forecasts for real GDP growth. Two pints of interest:
- Ireland v Euro area: 2.4 v 0.3 average rates of growth forecast for 2013-2016
- US v Euro area
On the second point, chart below clearly shows support for my long-held thesis (since 2002 at leas) that in the long run, it is not the US that is decoupling from the World economy, but Europe...
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