Just a few months ago, the global economy seemed to be stuck in a precarious state. Huge swaths of the world economy were either slowing down or contracting outright, and it wasn't at all clear whether global economic policymakers would have enough gas left in their stimulus tanks to stop things from spiraling into a bad place.
The Global Economy Isn't Falling Apart. The U.s. Might Be.
Neil Irwin, Washington Post
Mon, 12/03/2012 - 8:33am
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BING NEWS:
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Banxico’s survey of economists on May 2 has GDP falling to 2.26%, and inflation rising to 4.16%, meaning interest rate cuts likely on hold.
05/3/2024 - 7:09 am | View Link - Russia's Economy on Course to Hit Historic Low
Russia's share of global GDP is set to decline between now and the end of the decade, the International Monetary Fund has said.
05/2/2024 - 5:29 am | View Link - Here's why Americans having fewer kids won't doom the economy
The US birth rate just fell to its lowest level in over 40 years, according to provisional CDC data.
05/2/2024 - 4:49 am | View Link - US inflation isn’t falling fast enough. That’s good news for Trump
Rising prices and steep borrowing costs are seriously threatening Joe Biden’s re-election chances - and making a Donald Trump presidency look more likely ...
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That leaves the third and most worrying option: making creditors pay. America would never be forced by the markets to default, because the Federal Reserve can act as a buyer of last resort. Fiscal ...
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