Global Economy Shows Strain as U.S. Steams Ahead
China, Japan and Germany show signs of stress, posing a risk to the U.S. should the trends persist
Export-based economies like Germany and China suffer, whereas resource-rich nations like the U.S. with robust internal consumption prosper. Peter Zeihan calls this the beginning of the “Great Divergence”. “Posing risk to the U.S…..” – meh, me thinks not so much. That is old outdated thinking.