Impact of euro-zone crisis on American trade less than you might think

Articles of InterestPosted on June 14th, 2012No Comments

Daniel Gross, economics editor of Yahoo! Finance, discusses the euro-zone’s shrinking share of U.S. exports. With U.S. trade growing with neighbors Mexico and Canada, as well as the developing world, and shrinking with Europe, the euro-zone crisis threatens the U.S. trade economy less with each passing day.

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“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us. We ask ourselves, Who am I to be brilliant, gorgeous, talented, fabulous? Actually, who are you not to be? Your playing small does not serve the world. There is nothing enlightened about shrinking so that others won't feel insecure around you. We are all meant to shine. And as we let our own light shine, we unconsciously give others permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.” ~Marianne Williamson