World Market trends Continue to Fall

The slowing market is not just the US' fault. Although we may feel like it is largely our fault for a economic down turn because of all of our outsourcing and an expensive labor market, we must remember (as I said early) about the European debt crisis and the fact that Asian markets are also falling. I believe that the greatest problem the global economy faces is in Europe where inflation has risen from 2.5% annually to 3% as http://money.cnn.com/2011/09/30/markets/world_markets/?npt=NP1 states. As we know, the periods of best growth for the US and the world has been during periods of time that had low inflation and long steady periods of growth, example being the 1990-2000 time period. I think that if the situation in Europe can be solved, the global economic situation would be put back on the track of continuing prosperity.