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    Inicio > Historias > First sightings of the R word

    First sightings of the R word

    Credit is shrinking in the US, which will make companies spend less, initiating a vicious circle that might end up in recession.
    However, there might be a difference with the last one. My (absolute layman) impression is that as global ties get tighter, the role of a single actor in the economy is diminished; what's the size of the US commerce as compared to global? It's probably much smaller than it was, and the single noticeable effect of this US recession might be a de-coupling of US and global economy.
    Or it might mean R for everybody. Who knows..

    2007-11-29 19:38 | 4 Comment(s) | Filed in Politics

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