Europe Economy may revive by 2012 end

Pizza solution to save Greek from bankruptcy
Recently in a International economic competition a 11 year Dutch given a best Pizza solution to save Greece from bankrupt.

He suggested that all the people in Greece should convert their Euro in nearest bank by local currency. Return all Euro to banks. Then Bank will give these all Euro to Greece Government. After this Government have a pizza size collection of Euro. Now Government return bank all his debt to other nation like a slice from Pizza.
              As per Jean-Michel Six, Standard & Poor’s EMEA chief economist  Europe may out of recession by 2012 end or by 2013 start.A gradual demand from developing economy may help developed nation to restructure their debts and get more time to pay and stand by own.

Probability of Douple Dip Recession

On this blog(liveworldmarket.blogspot.com) we have conducted a poll among the daily international traders ,who trades in various world market .

Poll started in August 2011. There is almost 4 lakhs visitors during that time.

Here is that data result .



51% trader expected sure shot double dip recession .
31% trader expected very dim chance of double dip recession.
17% trader expected more than 90% chance of double dip recession.

The data shows that trader across the world still expect a greater chance of double dip recession. This make a investor and trader to bet on safe heaven like gold and debt fund.

Let see how this trader view change in next one year.