Purchase Solution

Article analysis/opinion - US Slump Takes Toll Across Globe

Not what you're looking for?

Ask Custom Question

Please help analyzing this article and a personal opinion(your) to better understand this article. Any help will be very much appreciated.

Wall Street Journal, April 3, 2008 edition titled,


See the attached file.

Purchase this Solution

Solution Summary

The solution discusses an article analysis/opinion regarding a U.S. slump that takes a toll across the globe.

Solution Preview

The overriding implication of the article is the global importance of the U.S. economy. As the largest economy in the world, the U.S. can make or break other economies through its demand cycles. Clearly those countries that are less dependent on U.S. consumption patterns will not feel the full effect of U.S. recessions. This is all general knowledge. There isn't anything ground-breaking about the article's data, either. Most economists agree that a recession is becoming more likely with each passing year, as the U.S. economy has been growing since 2001. Recessions are part of the business cycle, and are expected with regularity. The evidence ...

Purchase this Solution

Free BrainMass Quizzes
Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.