Economist (February 11, 2012)
2012/ 02/ 11 by jd in Global News
“A new self-assurance has spread through financial markets.” Is this simply the calm before the storm? The U.S. economy is firming, the ECB has eased some worries and there are other positive signs. Yet, the European sovereign debt crisis could still implode and a number of other factors, such as Iran, could wreak havoc with the global economy. “Signs of recovery have multiplied, but the West’s economies are not yet out of danger.” it is too early for celebration.