Who will save the worldwide economy now?
Amid signs that the US and the UK economies are struggling to move into recovery mode, there is growing concern about where future funding will come from in order to try and instigate some kind of economic stability in the short to medium term. Governments around the world have literally invested their last pound, their last dollar and their last euro and with limited tax income it is difficult to see how the likes of the UK government, US authorities and the European Union can artificially instigate an economic recovery in the foreseeable future.
Ideally a simple improvement in consumer and investor confidence should be enough to tip the balance in favour of a recovery as opposed to confusion and potential depression but that appears to be some way off at the moment. We need some good news, some good events and some confidence back in the investment markets around the world which will then filter through to local consumer and retail markets.
There will come a natural point at which investments begin to look good value for money and investors will finally "see the light". However, in the current environment this could be some way off!
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