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Pillars of the global economy a bit shaky


December 17, 2010
By Daily Commercial News

Dec. 20, 2010 – The global economy has come to depend on three pillars: the U.S., China and its satellites, and Europe. All three have “issues” right now, says RCD Canada chief economist Alex Carrick.

Dec. 20, 2010 – The global economy has come to depend on three pillars: the U.S., China and its satellites, and Europe. All three have “issues” right now, says RCD Canada chief economist Alex Carrick.

U.S. labour markets are weak, and the housing sector is suffering as a result; China is growing too fast; and Europe is a “huge mess,” Carrick says. | READ MORE – VIEW VIDEO

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