http://edition.cnn.com/2012/04/15/business/world-economy-life-support/index.html
The world economy "remains on life support" from the central banks and has declined since last fall despite the some-what recent signs of steadiness. The top 20 leading economies continue to show weakness. It's not just advanced economies that are suffering. The problem of supporting world growth is taking a toll on emerging market economies.
So really the whole world is still struggling and is trying to figure a way to get back up on their feet. It's not just the economic powers who are having trouble, it's the whole world who is having trouble supporting themselves. A lot of people think the worst has yet to come, thinking there will be a huge crash around the world, but I think the worst is over for now. There are signs of showing promise in the future, but there is no way to tell for sure.
-Brandon Labath
It is surprising to hear the economies of the world are all struggling. I think that when our economy starts to make improvements then other countries will start to get better as well. I think it is interesting how much all the economies effect each other.
ReplyDeleteI hope that you are correct in thinking that the worst is over, but we should prepare as if the worst is yet to come. If we really are in the clear, then all will be well, but if not then the next few years will be very hard world wide.
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