The summer of 2011 has taken developed and overdeveloped economies on a rough ride – and it has taken its toll on consumers, investors, and politicians. With talk of a double dip recession in the United States and a break-up of the eurozone, it seems like a second—possibly larger—financial and economic storm is brewing. US (and German) consumer confidence deteriorated sharply in August and are approaching the lows of 2008, and stock markets are (almost) as volatile as ever.
Πηγή: EconoMonitor