There's Been A Shift In Thinking On The Global Economy — And It's Not Good For The United States

There's Been A Shift In Thinking On The Global Economy — And It's Not Good For The United States

by Joe Weisenthal

The latest batch of global manufacturing data is helping to confirm a shift in conventional wisdom that's been brewing over the last couple of weeks.
Whereas before, the thinking was that the US economy was the lone pillar of strength in a world that was seeing declines in Europe and China, the new thinking is that Europe and China are starting to turn the corner, and that the US is just starting to hit its slowdown. Today's manufacturing and trade data from Asia confirm the idea that Asia is turning around.http://www.businessinsider.com/new-conventional-wisdom-asia-and-europe-coming-back-us-slowing-2012-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29