Global economy may shrink for 1st time in 60 years

[Proxy]

interesting little article I stumbled on.

http://news.yahoo.com/s/ap/20090422/ap_on_bi_ge/us_world_economy

[Rocktar]

Now that was a funny read just to have them restate the obvious and the best part was this:


The notion of "decoupling" — that the world economy was becoming less dependent on the United States for growth or better insulated from U.S. economic troubles — has been dealt a setback by the current recession.

Setback is a HUGE understatement. So much for the idea that the rest of the world can ignore us and what happens to us doesn't affect them.