Friday, May 20, 2011

Chances of US economic slowdown

The world is headed for an economic slowdown, according to the Economic Cycle Research Institute’s (ECRI) Long Leading Index of global industrial growth. Lakshman Achuthan, founder and managing director of the research center, said the US economy will not escape the downturn, but will “participate in it … and in one way, shape or form, it is going to impact this recovery.”
Prieur du Plessis, Seeking Alpha : Assessing the Chances of a Severe US Economic Slowdown
[Interview with Achuthan]

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