dinsdag 6 oktober 2009

America’s battle against global depression


The US economy is still fighting for a swift turn in the past years’ financial chaos. As the industrial production hasn’t been able to come up to the expected growth, consumers’ trust has hit a low. Consequently the American savings ratio keeps on increasing even more and the country’s unemployment figure is the highest of the past 24 years. Will America get out of this bad dream and pull itself together or will they have to face the same absolute low as in the thirties?

Jens Verschaeve

1 opmerking:

EcoEnglish zei

Good single focus and good flow. Good linking. Mind some language issues.

S1: turnaround
S1: past year's (only one year)
S2: as industrial production