UHERO Global Economic Forecast: Faltering American Economy Will Cause Global Slowing

November 30, 2007

The world economy began to slow in 2007, after peaking at nearly 4% growth in real gross world product in 2006. Slowing has been centered in the developed world, particularly in North America, where contraction in U.S. residential investment and fallout from the sub-prime mortgage collapse is taking a substantial toll. So far this weakness […]

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