Of course, the problems with the US economy and our leadership are just magnified overseas.
" Without that, he says, "US 10-year yields below 2 per cent just don't seem consistent with the US economy.
Uncertainty about whether things will improve or get worse, and Doubt that Washington can or will fix whatever is wrong with the US economy.
With the US economy stalled in a slow-growth mode, stock prices cannot go up forever, noted Alexandra Scaggs last week in the Wall Street Journal.
"Despite the fact that people like to delude themselves that Colorado is somehow different, says US Bank chief economist Tucker Hart Adams, "the fact is we are very much in line with the US economy.
With the booming US economy showing no signs of slowing down, the data reignited fears that the Federal Reserve will raise interest rates when it next meets on 16 May.
This is not to say that China, itself, is entering a recession, but a slower growth rate there (2nd largest economy) in combination with growth issues in the US (largest economy), Japan (3rd largest), and a significant recession in Europe bodes ill for worldwide growth and will eventually play out in the equity markets.
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"If this industry goes down in a catastrophic collapse, it will be more expensive than a bridge loan, and with the state of the economy it will drive us into a depression, " he said.
So too, with the US's weak economy, Obama's Muslim Brotherhood friendly foreign policy, and Europe's history of responding to economic hardship with xenophobia, Israel's need to develop the means of militarily defending itself from a cascade of emerging threats becomes all the more apparent.
Mr Stiglitz contrasted the situation in the US in the past 30 years with that from the Second World War to 1980, when he said the US economy enjoyed "rapid growth in which we all grew together".
The overall volume of indebtedness in the economy is therefore still with us - although it has been shuffled from financial sector to public sector.
So while many are complaining about how the Fed is destroying the US economy with bailouts.
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This mixed opinion makes it difficult to make any prediction for the future, but what is clear is that companies with a positive or optimistic view of the US economy will be more likely to want to drive innovation and change.
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And this will only get worse as we get nearer the election and candidates and super-PACs inundate us with attack ads focusing on the economy.
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Because he knows how to deal with the British economy's problems and take us through them, and he knows what sort of economy we can build for the future that will give young people in our country the jobs that they need.
However, the effects of the still unfolding series of measures taken by U.S. authorities to socialize the hurt from a rapid deleveraging of the economy are going to be with us, internationally, for years to come.
What matters most to the equity markets will not be the tax associated with those investments, but the prospects for the US and global economy in the quarters and years to come.
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The country's economy is in crisis, as are relations with the US, and militants are waging a violent insurgency in tribal areas near the Afghan border.
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Because - politics aside - a lot of the adjustments that the US economy needed to make to stop running up debts with the rest of the world and to compete in global markets are already well under way.
Analysts said the market is bracing itself for the start of the third quarter reporting season, with traders hoping that strong numbers will confirm recent signs that the US economy is on the mend.
Last week Barak Obama and Mitt Romney had an opportunity to express their thoughts and plans on fixing the US economy and dealing with unemployment.
Of course, our sluggish recovery has had little help from China, and resurgence in China (along with other emerging markets) could give the US economy a boost in 2013.
If this assimilation continues, we will lose the brilliance and innovative flair of the Hispanic population, and the US economy will suffer as a result, in the competition with the rest of the world.
Maybe with the economy now shaking the artificial recovery out of the economic reports, showing us where the real economy lies, the government should just keep its hands off and let the free market system play out its normal cycle.
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The US economy continues to struggle with crippling debt and unemployment.
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The Federal Reserve came out with its latest Beige Book report this afternoon, which showed modest expansion for the US economy in late November and December.
Remember the early 1980s, when the US economy was floundering in the swamp of a double-dip recession, with unemployment touching 10.5 percent?
We, the engineering profession, with the support of government, must enthuse and excite our young people to join us in reengineering the economy.
The US continues to struggle with rising debt and an economy which stubbornly refuses to create new jobs.
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Along with being the world's largest economy, the US also is a key market for most of Asia's export-dependent economies.
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