US and Euro markets: Failing together?
Willingness by leaders in both regions to offer bailouts is hindering growth.
Stockholm, Sweden – Whether the world economy is fully globalized or not is a matter of debate, but it’s easier to say there’s a strong… stitched together… connection between US and European markets. Lately, it’s driven by the willingness of leaders in both regions to bailout failing banks, businesses, governments, and almost any other entity that would probably be better off going bust and clearing a path for future growth.Skip to next paragraph
The Daily Reckoning
Addison is editorial director of The Daily Reckoning and executive publisher of Agora Financial, LLC, a fiercely independent economic forecasting and financial research firm. He’s a three-time New York Times best-selling author whose work has been recognized by The New York Times Magazine, The Economist, Worth, The New York Times, The Washington Post, as well as major network news programs.
Subscribe Today to the Monitor
Maybe the US sneezed and the Europeans got sick, or the other way around… but, regardless of the order, this Frankenstein disease has spread far and wide.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.