SIGNS OF ECONOMIC SLIPPAGE
The simplest single line image on the state of the world economy is showing signs of slippage. After a period of steady 4% a year economic growth, the line dropped to a 3% decline in early 2009, climbing back to 4% growth again throughout 2010. Now, it’s edging down below 4%. Take a look. I do hope it’s not heading South again. My appreciation, once more, to The Economist, this time on 11th June.