Economics
The U.S. Economy Is Strong, But Is It Strong Enough to Power the World?
The world’s largest economy is one of the few global hotspots as Europe seeks to avoid deflation, China slows and falling commodity prices hurt countries such as Brazil and Canada.
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For the world economy, it’s a case of U.S. and them.
That was the conclusion of investors, executives and policy makers as they ended their annual trip to Davos, Switzerland last week with the U.S. poised to outpace world growth for the first time since 1999. Celebrations were muted by questions over whether the strongest U.S. expansion in 11 years will prove strong enough to power the global economy or whether it will be undone by slowing growth in Europe and China.