Economist leder om verdensøkonomiens udsigter for 2012.
Udpluk:
"Uncertainty about the euro zone’s future is still acute, not least because its politicians are more focused on preventing future profligacy than supporting embattled economies today. Despite the ECB’s liquidity injection, banks seem reluctant to buy many government bonds. And since Italy and Spain alone need to roll over €150 billion ($195 billion) of debt in the first three months of this year, the odds are that worries about sovereign debt will intensify. A pernicious circle of weak growth, bigger deficits and more austerity is setting in. Look at Spain, where the new government revealed that the 2011 budget deficit would be worse than expected (8% of GDP rather than 6%) and immediately announced new spending cuts and tax increases to compensate (see article). If these contractionary forces feed on themselves, Europe’s downturn could be ghastly."
