To recover or not to recover?
Analysts these days are expecting (or speculating) recessions whether we're in L, U, V, W shapes.
Not a very long time ago, we faced difficulties in the construction projects - both material and labour. Richness have favoured oil exporters after the price was USD147/barrel. Then, we see light at the end of the tunnel for India and especially China - attaining good results instead of recession (China - the next country that will save the world? - we'll see) Next, we also see good signs in Australia and Canada as well.
US have been good before the subprime mortgage crisis that affect the whole world - thanks to capitalism. Now, it appears that; apart from US; almost every country in the West is in dire economic straits and surprisingly affecting the birthrate as well. Healthcare now is becoming a trend just like bailouts and stimulus. National debt and deficit to rations of Gross Domestic Product are alarmingly high. Many are now debt-laden. These unstable conditions may have hard effects on USD.
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