Mögliche Folgen einer anhaltenden Finanzmarktkrise - 22.01.2008 16
Sebastian KatzerJanuary 22, 2008
European and Asian leaders have been calling for calm, saying that their economies are healthier than that of the US and well placed to ride out a recession there. The German government said today it's still banking on 1.7 percent growth this year. But the US does account for nearly 60 percent of global demand and exercises a strong influence on export dependent economies such as Germany's. (Mel) Although some investors here often hold out hope of what they call decoupling, others say the old adage still holds: when the US sneezes, Europe catches a cold. +++SYN-MAZ+++