Thank Emilie for this little snack of economics news! As we near the end of microeconomics and begin to look forward to macroeconomics next sememter I think this article Emilie brought in is the perfect warm up for so much of what we will cover next semester. And though no one wants to see the economy take a nose dive, I am sure we will see that we have a lot to talk about and watch next semester as we begin to explore of the important macroeconomics issues.
When you read this article think about what you see as the single most important piece of information. Why do you see this as being so significant?
Thanks for a great semester and never fear...I may just blog over the break! I really do think you should make my blog your homepage :) Hopefully I will come back from vacation with some rich insights on Asian economies! Have a wonderful vacation and see you in February.