Two important thingss to be considered in deciding how to invest your money are the future value of the US dollar and corporate profits. I argue that the dollar is likely to weaken and corporate profit estimates are not likely to lift equity markets much in the next two years.
The global recession started with the credit freeze in the US. The article describes how it led to a global recession. It focuses on less developed countries and concludes they will not be hurt as much as OECD nations.