The EU came to a unanimous decision to tighten their spending, place controls and penalties to those that do not follow the rules. Ultimately they will need more money and will tax their citizens further potentially putting the global economy at risk. German unemployment rate declined to 6.7 in Jan. from 6.8 in Dec., helping the region cushion the blows. This was a two-decade low as companies boost output and hiring to meet export demand. Italian Unemployment hit an 8 year high @ 8.9%. With draconian austerity programs the government looks to haul in spending and increase revenues through tax measures. As a result Italy has been plunged into a recession.

In Canada growth has slowed down to 2.0%, retracting 0.1% in November from flat in October. The expectations were for a gain of 0.2%, it could get rough.

U.S. Consumer Confidence dropped in Jan to 61.1 from 64.8, lower than the most pessimistic projection.  Economists were looking for a rise to 68.

False Flags interesting video of reality; See this short Video and share with others.             http://www.youtube.com/watch?v=Ufdw21ltc-8

“Your dreams must be bigger than you fear.”