Continental Concern
01/06/2015 |
While there are always potential economic problems that could harm our economy in 2015, the biggest is Europe. This is because of the chance, albeit remote, that the continent badly unravels. A combination of a Greek default or (maybe) exit from the euro, continued central bank paralysis and the rise of extremist political parties is a bleak tableau. Deflationary Japan, a slowing China and cheap oil are not concerns.