US economy

Read this report.

My view
The US economy was able to achieve a modest recovery during the past year due to the large stimulus to the economy provided by the government. But, it did not solve the underlying problem of high unemployment and creating sustained consumer demand. When the stimulus runs out, the economy will go into recession again. What happens in US will also apply to the rest of the world. The big imbalances, the wide disparity in incomes, the property bubbles, the bloating financial sector - they all contributed to the current global economic mess. If these root problems are not solved, the global economy will continue to get worse.