Tuesday, December 1, 2009

The Lesson of Dubai: The Crisis Is Not Over


TIME MAGAZINE: As we reach the end of a miserable 2009, signs continue to mount across the globe that the world economy is stirring back to life. The U.S. finally returned to growth in the third quarter, with its strongest showing in two years, India posted inspiring 7.9% growth and the results out of tiny Taiwan, one of the economies slammed the hardest by the global recession, were so impressive one economist beamed that the island "got its groove on." Stock markets, aside from a downward blip here and there, have generally been buoyant.
During this season of Thanksgiving and holiday cheer, there seems to be good reason to give thanks and be cheerful[Read More]

No comments:

Post a Comment