[Temperedoil]

A positive outlook for the global economy, even the USA is given expectations of growth for the next couple of years.

$this->bbcode_second_pass_quote('', '
')
World growth to 'resist US blip'
US President George W Bush
The speed of construction is a good gauge of economic growth
The global economy should be able to withstand a slowdown in the US and wobbles in its housing market, the International Monetary Fund (IMF) says.

Helping to offset any problems will be strong growth in nations such as China, and a recovery in Japan and Europe.

The US is the world's largest economy and has shown signs of slowing as a weaker housing market has dampened consumer confidence and spending.

However, the IMF said that the problems were US specific and should not spread.

"Most countries should be in a position to decouple from the US economy and sustain strong growth if the US slowdown remains moderate as expected," the IMF said in its World Economic Outlook report.

[americandream]

If you've any hard evidence of an impending crash, could you post the link..thanks.

[Temperedoil]

There is an article on the Energy Bulletin website wherein the writer states his opinion that the USA is headed for a recession, probably toward the end of this year.

Energy Bulletin article on US recession risk

Given the importance of the US economy to the global economy, and considering that the risks to the US economy are likely to reverberate around the world through financial markets, it would seem to follow that the world as a whole is looking at a testing time in the months ahead.

[americandream]

$this->bbcode_second_pass_quote('Temperedoil', 'T')here is an article on the Energy Bulletin website wherein the writer states his opinion that the USA is headed for a recession, probably toward the end of this year.

Energy Bulletin article on US recession risk

Given the importance of the US economy to the global economy, and considering that the risks to the US economy are likely to reverberate around the world through financial markets, it would seem to follow that the world as a whole is looking at a testing time in the months ahead.

[americandream]

And no....resource depletion, notably ,has not yet commenced despite the bleatings on here.

The actions of the world will speak louder than all the peak oil doomerism. When I see the Chindian express falter, the Euroland dance miss a step and the mighty US ego take a dent...in concert, I will then be on the alert for....a socio economic event of global proportions.

For the moment, its business as usual (have you noted the almost unseemly demonstration of euphoria in business circles these days each time China so much as farts) bar a few sub-primers getting a roasting for borrowing/lending on the smell of an oil rag.

[Ebyss]

$this->bbcode_second_pass_quote('americandream', '
')An economy is its people.

Look around Auckland and ask yourself, what would the locusts do in the event of a risk to their standard of living..why..work harder.

Ditto America etc. The only terminus on this run away cornucopian express lies at either climate collapse or resource depletion..whichever comes first.

[mmasters]

A few more years of growth is necessary to complete the global infrastructure.

[strider3700]

Canada is already slowing down along with the US
http://www.cbc.ca/money/story/2007/04/0 ... rmits.html

THe largest decline coming from industry. This isn't just "a few sub-primers getting a roasting for borrowing/lending on the smell of an oil rag". This is what the start of a recession looks like.

[Zentric]

$this->bbcode_second_pass_quote('mmasters', 'A') few more years of growth is necessary to complete the global infrastructure.

[DesertBear2]

$this->bbcode_second_pass_quote('Temperedoil', '
')Given the importance of the US economy to the global economy......

[MonteQuest]

$this->bbcode_second_pass_quote('DesertBear2', 'W')hat does the US provide to the global economy?

[mmasters]

$this->bbcode_second_pass_quote('Zentric', '')$this->bbcode_second_pass_quote('mmasters', 'A') few more years of growth is necessary to complete the global infrastructure.

[DesertBear2]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('DesertBear2', 'W')hat does the US provide to the global economy?

[MonteQuest]

$this->bbcode_second_pass_quote('DesertBear2', '')$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('DesertBear2', 'W')hat does the US provide to the global economy?