If the economies of the world undertake $6 trillion in deficit spending for fiscal stimulus this year, what happens next year, if the stimulus is not renewed or increased?
We are on the alert for more bad global economic news in the months ahead if the drop in world trade continues.
Join Carl Weinberg for a discussion of the causes of the current global economic slowdown, the prospects for recovery and the implications for financial markets.
The problem with the recovery from the global financial crisis is not just lower growth rates, but still-depressed levels of activity.
While the United States fights a futile trade war with China, the rest of the world loses.
Low wage growth may morph from an inexplicable aspect of the current economic setting to a driving force behind a credit crunch and broad contraction of aggregate demand.