A Look at World Economies

China too is feeling the pinch of the world economic tumble. China’s equity index has plummeted by 50 percent when compared to that in 2007. Its 2 figure growth rate has also fallen to a mere 8 percent. It is concentrating more on domestic consumption than exports right now.

The U.S. is still going strong as the world superpower despite its debt issues. Pacifying the doubts most investors had in the U.S. dollar, its currency has yet again emerged victorious. No wonder investing in dollars is in vogue again.

The Eurozone crisis is here to stay for some time now. However, the collapse of Europe is highly unlikely. Still, each European nation needs to think of how to get out of this sticky situation. Germany is among those Euro nations which are exhibiting improvement in its economy. Unemployment is at an all time low, with confidence in consumption and businesses returning to normalcy.