Who will escape the global crisis?

[Jordi]

The US: low inflation, reasonable growth, big commercial deficit, small fiscal deficit, low savings.

The EU: low inflation, low growth, little commercial surplus, small fiscal deficit, high savings.

Japan: deflation, very low growth, big commercial surplus, big fiscal deficit, high savings.

[Jordi]

Who will escape the doldrums first and better? Why?

[ppaul]

By your statistics, it looks like Europe.
But it has been overrun by Muslim hordes.
Europe's Christian faith is weak.
Although Europe may escape the "doldrums", it may not escape the Islamic jihad.

[goody2shooz]

Asia will zoom. (I read that in Forbes recently.)

Actually, since I don't do economical or market analysis, I have no idea. But my intuition, which is ALWAYS right, tells me it will be the U.S. leading the economic recovery.

[Sally II]

I can't wait to see your answer.

[meenie]

No one will escape the doldrums. The central banks and G-8 countries are in a consolidation phase, glad that they have escaped a major melt-down of the world financial system. All the financial ministers, including our own guru, Alan Greenspan, have disappeared from the press.

They are all hunkered down, hoping for the best, but expecting the worst. Market manipulation has ended and we will see the market given the chance to control. Reasonable and historic price earning ratios will prevail.