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The whole "French growth is stagnant" meme is applicable only to the period 2001-2003, coincidentally the period when the UK got its largest oil windfall - AND a huge housng bubble.

Let's see what happens now that North Sea production is collapsing, and that interest rates have gone up.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon Mar 27th, 2006 at 07:48:12 AM EST
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