Can World Economy Keep Growing If U.S. Doesn’t?
(Time) — A worrying economic question these days is the possibility of a return to negative GDP growth in the U.S, the dreaded double dip. If it happened it could pull much of the world back into recession, possibly triggering another round of financial crisis. Though all but a few consider this a low possibility, it’s not so low as to be off the radar. Economists I follow generally put the risk of a U.S. double dip at somewhere between 20% and 35%.
