Report: U.S. Economic Outlook Darkens – American Enterprise Institute

united states currency seal - IMG_7366_web

Image by kevindean via Flickr

From American Enterprise Institute; John Makin

Key points in this Outlook:
– The US economic outlook has darkened as oil prices, equity prices, and home values have fallen during the second quarter.
– Japan, China, and Europe face similar outlooks. Japan has experienced a sharp slowdown following its earthquake and nuclear disaster; China’s efforts to curb inflation have dampened growth; and Europe is still struggling with the sovereign-debt crisis in Greece.
– With monetary and fiscal stimulus fading, the United States has no politically viable policy options left. The loss of global economic momentum spells trouble for the second half of 2011.

Read the report here.

Related articles

Advertisements

About 3xG Admin

I am interested in Gold, Silver, Energy, Geopolitics, Economics, Religion, Demography, History, Complex systems, Critical theory, Antipositivism, Sociology of knowledge and Chaos theory.
This entry was posted in China, Economy, Europe and tagged , , , , , , , , , . Bookmark the permalink.

One Response to Report: U.S. Economic Outlook Darkens – American Enterprise Institute

  1. Pingback: Report: U.S. Economic Outlook Darkens – American Enterprise Institute » Greece on WEB

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s