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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
WASHINGTON (MarketWatch)
Orders for durable goods sank 13.2% in August, the
biggest one-month decline in more than three years, as bookings for autos and
aircraft fell sharply, the Commerce Department reported Thursday
Economists
polled by MarketWatch had expected a decline of 5.3%
Excluding the volatile
transportation sector, whose bookings can swing sharply from month to month,
orders fell a much smaller 1.6%
And orders for core capital goods, which
exclude defense and aircraft, actually rose 1.1% after a 5.2% decline in July
Shipments of durable goods fell 3.0% in August, while inventories rose 0.6%
Orders for July were revised down to a 3.3% increase from an initial report of a
4.1% gain Shipments of core capital goods, a number used to help calculate
gross domestic product, fell 0.9% in August to mark the second straight decline
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