US and Euro markets: Failing together?(Read article summary)
Willingness by leaders in both regions to offer bailouts is hindering growth.
Suzanne Plunkett/AP Photo
Stockholm, Sweden â€“ Whether the world economy is fully globalized or not is a matter of debate, but itâ€™s easier to say thereâ€™s a strongâ€¦ stitched togetherâ€¦ connection between US and European markets. Lately, itâ€™s driven by the willingness of leaders in both regions to bailout failing banks, businesses, governments, and almost any other entity that would probably be better off going bust and clearing a path for future growth.
Maybe the US sneezed and the Europeans got sick, or the other way aroundâ€¦ but, regardless of the order, this Frankenstein disease has spread far and wide.
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