Re: China to buy Eurofighters?

In article <[EMAIL PROTECTED]>,
 John Mullen <[EMAIL PROTECTED]> wrote:

> Chad Irby wrote:
> 
> > In article <[EMAIL PROTECTED]>,
> >  [EMAIL PROTECTED] (phil hunt) wrote:
> > 
> >>The EU will exceed the US economically next year (if it hasn't 
> >>already).
> > 
> > How can a shrinking economy, with high unemployment (Europe) overtake a 
> > growing economy, with decreasing unemployment (the US)?
> > 
> Can only happen if one or more of your assumptions here was wrong.

Pick one, and tell us which, since none seem to be so according to any 
figures actually released.

The only way the EU could pass the US economically would be if the US 
economy reversed the current trend and shrank several percent in one 
year, while the European economy reversed its trend and grew by the same 
amount.

There's nothing in the cards to suggest either (this quarter's startling 
growth in the US economy pretty much puts the nail in that coffin).

-- 
cirby at cfl.rr.com

Remember: Objects in rearview mirror may be hallucinations.
Slam on brakes accordingly.