It is Europe's and Asia's Turn Now By Sam Vaknin, Ph.D.
The crisis in the United States has little to do with its real economy. Last quarter, GDP there grew by an impressive 3.3%. IBM's profits are up 22% year on year. American commercial banks, though in need of re-capitalization, are sound. Its investment banks - the sources of the current crisis - are gone.
Sphere: Related Content
No comments:
Post a Comment