Is every country having a recession now?

[Malloric]

Originally Posted by robertpasa

It seems like every big country is having econ problems now. Is it mostly repercussions from America's problems from 2008?

China has real estate bubble problems - I don't know if it's linked with America's problems.

Japan started to have problems in the 1990s.

To ask another way, is any country not having a recession now?

US, Germany, UK, etc.

The major economies in recession are pretty limited. Denmark and Finland? And of course the PIGS.

[urbanmyth]

Originally Posted by robertpasa

It seems like every big country is having econ problems now. Is it mostly repercussions from America's problems from 2008?

China has real estate bubble problems - I don't know if it's linked with America's problems.

Japan started to have problems in the 1990s.

To ask another way, is any country not having a recession now?

No. Germany, Sweden, Denmark...are all doing well. Argentina, Brazil, Chile, Costa Rica... doing Fine. Canada is booming.

[urbanmyth]

there are TRILLIONS of dollars in private capital sitting on the sidelines waiting for interest rates to go up. global stock markets have been booming. there is a s-load of cash out there. the US government needs to start a massive reinvestment in infrastructure and take advantage of low interest rates.