Whose Economy Has It Worst?
With Europe, China and the U.S. in crisis, the real question is which of them will stumble first
By IAN BREMMER and NOURIEL ROUBINIIt's no wonder that global markets are so jittery. The world's three largest economies can't continue along their current paths, and everybody knows it. Investors watch nervously for signs that China is headed toward a hard landing, that America will sink back into recession, and that the euro zone will simply implode.
Comment: Does it come as a surprise if I say that Europe is the least worse among these three?