Who thinks the worlds economic situation will turn around in 2012?

  1. CloudExplorer profile image77
    CloudExplorerposted 6 years ago

    Who thinks the worlds economic situation will turn around in 2012?

    We've been face with many crisis in 2011, wide spread joblessness, the occupy movement uprising, natural disasters globally, and the economy remained at its all time low, with that said do you think things will improve, will the economy make a come back in 2012.

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  2. profile image0
    Infinite712posted 6 years ago

    I don't think that the economy will make a come back. Our old monetary system is on the way out. What'll happen afterward, I do not know. Depends on what choices we make and if we're willing to change our ways.

    http://infinite712.hubpages.com/hub/The … ed-Economy

  3. j80caldwell profile image76
    j80caldwellposted 6 years ago

    Economics is a science of forecasting which is tied to a great deal of uncertainty.  You can't forget that 2012 is an election year so the big boys up top might have better things to worry about.  But holding this at a constant, the U.S. economic engine is stuck in a kind of business cycle trough--aka, economic nadir.  It's been slowly trying to move forward a bit--i.e., the manufactoring sector is slightly improving, techonology sector is doing great, etc.  Nevertheless, the heart and soul of the economy, the financial/banking sector, may take a great deal of time to get going again.  The unemployment rate will be the key economic indicator in 2012 and will be watched like a hawk.  So, in reference to your question, we'll just have to wait and see.  I tell you what if Ron Paul's elected in 2012, which I doubt happens, things would get turned around very fast.

 
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