2012: The Crisis Won’t Go AwayBy
What will 2012 bring? We are in the fifth year of a financial crisis, and it would be wonderful to forecast a strong global recovery. Yet Europe is still trying to right itself, joblessness stays high in the U.S., and China’s ability to escape the malaise in the West remains an open question. What follows is not a series of set-in-stone predictions. Instead we offer the results of careful conversations that link economics with finance and finally to investment. The economists who speak here are not in search of single-point certitude. That would be a foolish quest in this uncertain era. Yet we are rewarded with insight from around the world, insight that speaks to real interdependencies between economics and politics.