Sunday, July 22, 2012

The Global Economy Is In Its Worst Shape Since 2009

http://www.businessinsider.com/the-global-economy-is-closer-than-ever-to-a-new-recession-2012-7

Six of the 17 countries that use the euro currency are in recession. The U.S. economy is struggling again. And the economic superstars of the developing world — China, India and Brazil — are in no position to come to the rescue. They're slowing, too.

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