12 July 2012   Leave a comment

The Pew Foundation has issued its report on a public opinion survey on how people perceive the economic situation in their own country.  http://www.pewglobal.org/2012/07/12/pervasive-gloom-about-the-world-economy/?utm_source=Pervasive+Gloom+About+the+World+Economy&utm_campaign=Economic+Conditions&utm_medium=email

The striking thing about the poll is the extraordinary pessimism that seems to pervade most respondents.  Germany is a clear exception to that trend.  Don’t tell the Greeks.

Vietnam is one of the emerging markets that captivated a large number of investors–after labor costs started rising in China, many turned to Vietnam as the next place for manufacturing. Unfortunately, the situation in Vietnam has deteriorated rapidly, and the Vietnamese economy is not doing well.  http://www.foreignpolicy.com/articles/2012/07/11/the_end_of_the_vietnamese_miracle

Posted July 12, 2012 by vferraro1971 in World Politics

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