{"id":9234,"date":"2011-12-16T15:31:54","date_gmt":"2011-12-16T20:31:54","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=9234"},"modified":"2011-12-16T15:36:44","modified_gmt":"2011-12-16T20:36:44","slug":"fragile-and-unbalanced-in-2012","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2011\/12\/16\/fragile-and-unbalanced-in-2012\/","title":{"rendered":"Fragile and Unbalanced in 2012"},"content":{"rendered":"<p>The Nation of Change has the brief article <a title=\"The Nation of Change article\" href=\"http:\/\/www.nationofchange.org\/fragile-and-unbalanced-2012-1324046079\" target=\"_blank\"><strong>Fragile and Unbalanced in 2012<\/strong><\/a> by Nouriel Roubini.<\/p>\n<blockquote><p>The outlook for the global economy in 2012 is clear, but it isn\u2019t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies.<\/p><\/blockquote>\n<p>Since Nouriel Roubini has already earned the\u00a0<em><\/em>sobriquet &#8220;Dr. Doom&#8221;, he has no need to sugar-coat what he says.\u00a0 He is free to point out weaknesses in all economies from The United State, Great Britain, other Eurozone countries, to even China.<\/p>\n<p>What are the chances that the politicians have the technical expertise to understand what has to be done?\u00a0 Of the number who have a chance of understanding, how many have the courage to do it?\u00a0 Of the remaining few who meet both criteria, how many have the public support in their countries for the steps that are necessary?\u00a0 Divide that number by 6 billion people on the earth and you have some idea of the probability of everything turning out fine.<\/p>\n<p>Despite all of that, I am still fully invested in stocks of high quality companies.\u00a0 Am I a fool or some sort of\u00a0 cock-eyed optimist?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nation of Change has the brief article Fragile and Unbalanced in 2012 by Nouriel Roubini. The outlook for the global economy in 2012 is clear, but it isn\u2019t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies. Since Nouriel Roubini [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-9234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/9234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=9234"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/9234\/revisions"}],"predecessor-version":[{"id":9236,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/9234\/revisions\/9236"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=9234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=9234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=9234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}