Thursday, April 15, 2004

Posted here Thursday, April 15, 2004 at 3:06:39 PM     Important if true, rapid growth in total world economy. Part of the problem for the US is where it fits in this flow. Part of the rpoblem for real people is, what is their persoanl economic strategy? This is especially acute if the rise in value flow is at the expense of  the environment and the lower part of the incole curve, whether that means 80%, 50% or 20% within countries, and about the same among countries. The article is also short of references, but still important to digest and mull over. USA > Economy from the April 16, 2004 edition Worldwide economy roars ahead By David R. Francis | Staff writer of The Christian Science Monitor http://www.csmonitor.com/2004/0416/p01s03-usec.html Led by bustling business activity in the US and Asia, the global economy has finally begun a strong revival - one that some see turning into a sustainable boom. Worldwide economic growth could hit 4 percent or higher this year, well above what was forecast just months ago. A key reason: Low interest rates, set by many nations' central banks after America's stock market meltdown rippled around the world in 2000 and 2001, are bearing fruit in consumer demand.     ********