European traders fear recession in the US # 11.08.2011 12 Uhr # Journal (englisch)
Michael BärAugust 11, 2011
Welcome back to business! . . . Stock markets across the world continue to drop. Especially for the US this is a huge problem. Many US citizens have invested their money in stocks and face huge losses. The money is not all gone of course - it has just moved into someone else's pockets. Saving is important but it also means the economy can't get a kick start and without a strong economy in the US, other economies also suffer. Its a downward spiral.