An Uneven Economic Recovery (STRATFOR Insights)

In the latest installment of the STRATFOR Insights video series, Vice-President of Strategic Intelligence Peter Zeihan provides a preview of the third-quarter economic forecast, focusing on growth in the United States, Asia and Europe.

Video used with permission from Reuters.

Category:

News & Politics

Tags:

• stratfor
• insights
• peter_zeihan
• economic
• forecast
• united_states
• asia
• europe
• economy
• finance
• industry
• germany
• spain
• china
• japan
• england
• united_kingdom
• france
• european_union
• banking
• banks
• recession

[buzzz121]

I saw many empty shelves at my local Walmart and was told is was not due to record sales but a reduction in inventory of certain non essential products. On the upside survival/camping gear was selling quite well and I live in the city.

[medievalhorse]

The dollar will collapse, when the Chinese pull the plug and just stop buying T-Bonds. There is no alternative. There will be a global collapse unlike anything ever seen in human history. The US Govt. knows what is coming, and they have prepared bunkers and hidden compounds for this occasion. The formal US Govt. will collapse and along with it the veneer of civilization. Plant a garden and have canned food ready. You are going to be reduced to a barter system for basic needs. No water/sewer

[somercet1]

This is the bump before a further, real depression.

I live in Michigan. The Teamsters have college grads driving parcel vans, which is fine by me, but what do the non-collegiates do for a living?

UAW line inspectors make $78,000 a year and moan about taking that 2% pay cut when they get laid off.

I agree that US manufacturing needs to be saved and then encouraged, but Obama is simply obeying the marching orders of Gettelfinger and Pelosi. He, and his economic policy, are doomed.

[pacoreglas]

Been waiting for a insight with Zeihan! I always enjoy his analysis especially, "Rise, Fall, and Rise of the Reich & Coming Era of Russia's Dark Rider"!!!! Freaking awesome work Pete! I feel ya on the economy, how come every time something happens, no matter what it is, Americans think its the worst or best thing in the world and nothing has ever come before it?

Of course US is going to come out of this ok.

Don't mess with the Zeihan!!!!!

[johncatchp0le]

So you believe government unemployment statistics? If this relies on the assumption they are accurate/honest or even comparable to the past (Clinton era measures would be reporting 16%+).

Consumer spending holding up? I thought there was a 6% savings rate now, so where does that come from? I see shops and malls in decline.

Agree on USA importance though.

[docholladay2112]

Don't get me wrong boys, i rely on you guys and you have a lot of credibility with me but considering last year's STRATFOR forecast, i'm not altogether with you on this one. Given the massive amounts of faux currency the Fed is printing, hyperinflation could very easily happen. I'm not so sure you're giving this factor as much thought as it demands. I hope your forecast here proves correct, as it is the rosiest outlook that i personally can envision.