more pressure on greece

Time is running out for the whole eurozone. Folks, there is now more pressure on greece. It was hoping for a bailout packages from europe. For once, we are not being told how serious is what is going on. Politicians play down the greece situations seriousness. In fact, this fire could consume the whole eurozone. HDRKID prediction is coming true once more.

eurozone prices - no increase

In fact, we have in eurozone a price decrease as we enter deflation. Also, on top of that unemployment is spiking to a ten year high.

Still food prices are high. I predict the future price of eggs will be much higher. This is because eggs are the golden standard in food protein. They are easy to assimilate and a staple of the daily diet. Expect as grain prices rise a wave of hardship to hit europe.

eurozone woe

Those who speak of economic woe in america need to know that eurozone economy is worse and in fact, it is falling off a cliff into the cold waters below. Currently, eurozone new unemployment rate stands at 8.2% and is rising. The sky high unemployment rate figure will put pressure on ECB or European Central Bank to cut loan rates even below 2%. The fall in core inflation is due to a reduction in consumers ability to find work and as eurozone new jobless queues lengthen we see an increase in pain.