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Pres. Barack Obama & The Global Economy

Pres. Barack Obama & The Global Economy

Will there be a vast improvement in the Global Economy under Pres. Barack Obama or will it likely turn into a blame game of the Bush Administration? What are your thoughts?

Economy Global and Obama Barack Pres

I do not believe there will be a improvement to the global economy for a few months. I am sure they will place the blame all on President Bush.

Pres. Barack Obama & The Global Economy History & Civil Business Politics

IMF head in 'double-dip' warning

The head of the International Monetary Fund warns that the global economy could experience another downturn. Ref. Source 8

Economy Global and Obama Barack Pres

S&P: 60% of Countries Will Be Bankrupt Within 50 Years
By Daniel Tencer

S&P: Predicts US will have a debt of 415% of GDP by 2050 - Some sixty percent of the world's economies will be so in debt by 2060 that their debt will be downgraded to "junk" status, effectively bankrupting the countries. Ref. Source 6

Economy Global and Obama Barack Pres

'The Next Financial Crisis is Not Far Off'
By Jayati Ghosh

We were told the world economy was back on track, but festering problems threaten to hit developing countries hard. Ref. Source 8

Pres. Barack Obama & The Global Economy

IMF raises spectre of civil wars as global inequalities worsen:

The International Monetary Fund (IMF) has warned that "dangerous" imbalances have emerged that threaten to derail global recovery and stoke tensions that may ultimately set off civil wars in deeply unequal countries. Ref. Source 3

Pres. Barack Obama & Global Economy

Geithner Says Failure to Raise Debt Limit Risks Causing `Severe Hardship':

"You will shake the basic foundations of the entire global financial system," Geithner told a Senate subcommittee today. "I'm totally confident that Congress will act to avoid that." It would be "inconceivable" that lawmakers will not act in time, he said. Ref. Source 9

Pres. Barack Obama & Global Economy Politics Business Civil & History

World shares fall as investors shun risk

Global stocks have slumped overnight as risk appetite evaporated on speculation about the strength of French banks holding troubled Greek and Italian debt. Ref. Source 2