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Home | New global hot spots for investors |
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New global hot spots for investors
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- December 19, 2011
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Today, essentially two global economies exist side by side. The U.S. and its advanced peers continue to struggle with high unemployment, idle capacity, depressed housing markets, and anemic growth. Credit remains tight in much of the developed world, despite historically low interest rates. Debt-laden European nations pose heightened risk for anyone exposed to their banking system. (See: Corzine, MF Global, Inglorious End of.) By contrast, the global financial crisis has "left no lasting wounds" on China, India, Brazil, and other emerging economies, according to a recent IMF report.
- Read more at:http://rss.cnn.com/~r/rss/money_topstories/~3/KpYdNL0br-Q/
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