The Forecast for 2012: It's all about GDP

摘要

When the global recession intensified in late 2008 and early 2009, almost every country/government in the world responded with some level of stimulus funding in an attempt to help re-start economic growth. In total, about $2.2 trillion dollars were injected into the worldwide economy from late 2008 through early 2011 Stimulus spending was an important component with regard to worldwide GDP growth in 2009, 2010, and early 2011. In fact, without the boost from stimulus spending, worldwide GDP growth would have been below the global recession threshold of 2.5% in 2008, 2009, and 2010, and would have created an unprecedented global recession for three years in a row!