Sunday, September 24, 2006

Dutch government - pride before a fall?

Reading the Dutch Queen's speech (written of course by the current Dutch government, I can't help but wondering if those guys in the Hague have been looking at the alarming indications coming out of Wall Street around the same time. Expect politicians on both side of the Atlantic to be defensive this week if reports on housing and growth suggest the United States economy is headed for an acute slowdown. Personally, I think GM will go bust before Bush's term ends.

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