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Thread: New economic order will emerge?
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[quote=ZOEY,267622]Yesterday, I read a report on the website of News Week----The U.S. Economy Faces the Guillotine. In the report, the author warns that "America is on the road to recession, and many predict a worldwide slowdown. But it's a new economic order, and the emerging markets could take the lead." Who will create a new economic order? The emerging markets like India and China. When US sneezes, the global catches a cold. This was true in the global economy sector in last century. But US economy faces recession now. Will US still have huge influence over global economies? The media and economists in the west predict that US will not drag down global ecnomies. Do you believe it? If you are interested in this topic, please access to this page: http://www.newsweek.com/id/105558/page/1 [/quote]
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