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Sunday, June 17, 2012

A Global Recession? Warning Signs Are Everywhere

Abduction of Europe
Abduction of Europe (Photo credit: Bernt Rostad)
In recent months it has appeared again the specter of global recession. The crisis in Europe could be the trigger for this new episode. I have submitted many articles on stock tips that I've expressed my opinion. I think we are in the midst of a major problem worldwide. The information I have reviewed indicates to me that the economic problem in Europe is much more that what appears to greve. The financial authorities seem not to know which way to go. Meanwhile, reality is manifesting country to country.
Below I present an interesting article that addresses this important issue.
Is it possible that we are already in a global recession but just don't know it yet? And is the U.S. itself -- still the epicenter of the world economy -- standing on the front edge of another recession?
I sincerely hope I'm wrong. But warning signs are everywhere.
The eurozone economy is flat on its back. Greece may be headed for a political crackup and an exit from the euro and European Union. Deposit runs in Greece and elsewhere are beginning, and a credit freeze throughout the continent is not out of the question. Meanwhile, emerging economies like China, India, and Brazil are slumping.... Continue to read.
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