I recently read the news article "IMF chief continues to be bullish on world economy" and found it quite interesting how they treated the United States role in the global economy. The author looked at the world as a whole and believed that as a whole it was doing well. It praised countries such as China and India for its growth. It looked at the US with a little hesitancy because of some turbulence in the financial markets. It suggested that there would be a slowdown in the US. This was interesting because no longer are people looking only at one country. The US may be slowing, but China and India are booming. I think this is good for everyone. No longer are people restricted to the confines of one country. It they are looking to invest or improve, they can look to other places besides their own country. I see the economy of the world as almost always increasing. No matter what there will always be one country that is doing well. The only hope is that it is not at the expense of another country. I think the Global economy will continue to grow. The only thing that would slow it down is if multiple big countries experienced a slow down. I just don't see that happening any time soon.
Posted by bend at 3/24/2007 04:59:00 PM