Wednesday, September 21, 2011

Boomerang Economics:
the darkside of Globalization

In the past the effects a poor economy in one area, would impact other nearby regions or tri-state area in the case of the U.S.. Globalization, as a result of technological advancements, is a powerhouse game changer. We are no longer autonomous in our successes or failures as a nation. The U.S. financial fallout in of 2008 and 2009, sent trimmers across the Atlantic, as our economies are now more connected that ever. The financial Tsunami that followed the near collapse was powerful enough to shake the fiscal foundation of many other nations. Europe’s financial crisis began to surface in the Fall of 2010, but is now beginning show familiar signs of a near fiscal collapse for a number of its EU members. Our troubles certainly had an impact on the overseas markets, but we are not entirely to blame for the financial crisis which is quickly unraveling before us.
In a boomerang-like cycle, it is possible that the financial discord in Europe, will have a negative impact on the U.S. So much so, it is feared that this Boomerang effect may spur another recession. This was the concern of the IMF yesterday, as they discussed the importance of the EU tackling the debt crisis. If Europe fails to lasso the problem soon, there is a strong possibility that both regions will fall into a recession.

Who would have thought that boomerang economic would become one of the harsh side effects globalization.

Back to Home Page

K. Reilly
The Cohn-Reilly Report
________________________ RECOMENDATIONS

Also Check out: Socially responsible Investing site below:
SocialResponsibleInvest.com

-COMMENT HIGHLIGHTS-

________________Comment
Anonymous said......
 Heya practical write-up. I had created somewhat difficulity looking at this information onSafari however, uncertain the key reason why? Also visit my blog ... cheap car insurance for young drivers - January 30, 2013 ________________Comment
Anonymous said......
 Can I personally find out if you are from Qld? You truly appear to be a good Aussie :3) Feel free to visit my website : Criminal Background Check - February 11, 2013

Posted by at
Labels: , ,

4 comments:

  1. AnonymousJanuary 22, 2013 at 9:43 AM

    This comment has been removed by a blog administrator.

    ReplyDelete
  2. AnonymousJanuary 30, 2013 at 2:02 AM

    Heya practical write-up. I had created somewhat
    difficulity looking at this information onSafari however, uncertain the key reason why?
    Also visit my blog ... cheap car insurance for young drivers

    ReplyDelete
  3. AnonymousFebruary 11, 2013 at 4:08 PM

    Can I personally find out if you are from Qld?
    You truly appear to be a good Aussie :3)
    Feel free to visit my website :: Criminal Background Check

    ReplyDelete
  4. AnonymousApril 27, 2013 at 6:35 AM

    I like thе ѵaluablе info уou providе to youг articlеs.

    I'll bookmark your blog and test again here frequently. I'm reasonаbly sure Ι'll be informed many new stuff proper here! Good luck for the following!

    Feel free to surf to my blog :: debt consolidation loans for bad credit

    ReplyDelete

Subscribe to: Post Comments (Atom)