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<a href="http://www.accessmylibrary.com/article-1G1-169122279/butterfly-effect-giving-globally.html" title="Facts and information about The Butterfly Effect.(Giving Globally)(Business)(United States's effect on the global economy)">The Butterfly Effect.(Giving Globally)(Business)(United States's effect on the global economy)</a>
The Butterfly Effect.(Giving Globally)(Business)(United States's effect on the global economy)
Newsweek International
|
October 01, 2007 |
Wehrfritz, George |
COPYRIGHT 2007 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Byline: George Wehrfritz; With Sonia Kolesnikov-Jessop in Singapore and Emily Flynn Vencat in London
China -- the Other Growth Engine -- was supposed to save the world from U.S. financial woes. It won't.
You've probably heard of the butterfly effect -- inspired by legendary sci-fi writer Ray Bradbury back in 1952 -- which posits that minute changes in one place can lead to massive impacts elsewhere, as when a fluttering insect triggers atmospheric disturbance that causes a distant tempest. The past few weeks of global market turbulence are a perfect illustration of the effect, as American mortgage troubles have led to Continental bank collapses, ...
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Source: HighBeam Research, The Butterfly Effect.(Giving Globally)(Business)(United States's...