Pessimism is building as 2013 appears on the horizon. We are likely to see in real terms negative growth with the slowdown spreading even to China. Next year wit the drastic rise in taxes and the continued lack of long-term confidence in general, we may see a decline in growth that could even dip into negative territory. The global slowdown is taking its toll on demand.
Economic Decline
Posted Sep 9, 2012 by Martin Armstrong |
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