What's ahead for the economy in the United States and, for that matter, the rest of the world? A front page article in the Wall Street Journal recently proclaimed that an economic slowdown was spreading worldwide. Surging oil prices, falling stocks and weak technology spending is all feeding into this economic slowdown. In fact, the Asian economies are particularly exposed to the risk of a slump because many are more oil dependent than the United States. In fact, the American trade gap has widened to a record almost 56 billion dollars in June of 2004. Exports slid, imports jumped and a much higher bill for foreign oil. In fact, crude oil futures have now topped $46 for the first time and they are continuing about the increase shortages. Where are all these things leading? Where is it headed? Where is it going? Where are these things leading?
