Last week’s CI CyberNews CyberPoll asked participants if the European debt crisis has put the U.S. economic recovery in jeopardy. Here’s a breakdown of responses:
- Yes, the stock decline is a portend of economic reality: 43.8%
- No, investors are simply safeguarding their profits and capital: 31.2%
- I am not sure, but I am worried about the European economy: 25%
“Not just the U.S. stock markets, the global markets are not doing well; understatement!! No surprise, either. The world is very nervous. The recent North Korean incident, the Gulf of Mexico oil catastrophe, bailout requests for teacher's unions, public schools in deep trouble and laying off 275,000 teachers, the poor unemployment numbers, and looming inflation, among other issues. There is very little to be positive about in describing the current global economy!!”
“Government spending and growing debt are taking US down the wrong path. Not the hope and change we were promised.”
Many thanks to all of the CI CyberNews readers who have participated in our CyberPolls. Not a CI CyberNews subscriber? Follow this link to sign up for your free subscription!