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There’s been a major swing in what people now fear the most for the U.S. economy.
Take a look. Words: 255
So reports Joe Weisenthal (www.businessinsider.com) in edited excerpts from the original article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!),has further edited below for length and clarity – see Editor’s Note at the bottom of the page. (This paragraph must be included in any article re-posting to avoid copyright infringement.)
Weisenthal goes on to say, in part:
Last Friday, we asked readers what their #1 fear for the U.S. economy was and these were the results (Total votes: 605):
- Europe collapsing: 20%
- A debt crisis in the US: 17%
- A war in Iran: 15%
- Political dysfunction: 12%
- Gasoline prices: 8%
- Fiscal tightening in 2013: 5%
- Surprise inflation: 5%
- A 1987-like market crash: 4%
- A China hard landing: 2%
- Premature monetary tightening: 2%
- A terrorist attack in the US: 1%
- A debt crisis in Japan: 1%
- Other: 8%
A Euro collapse was the clear leader. Gasoline prices were only selected by 8% of voters.
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We ran the exact same poll this week and the following are the results:
- A debt crisis in the US: 22%
- Gasoline prices: 14%
- Political dysfunction: 13%
- Europe collapsing: 13%
- War with Iran: 12%
- Surprise inflation: 7%
- A China hard landing: 5%
- Fiscal tightening in 2013: 4%
- A 1987-like crash: 3%
- Premature monetary tightening: 1%
- A terrorist attack in the US: 1%
- A debt crisis in Japan: 0%
- Other: 6%
Bottom line though: Gas is the new Europe.
*http://www.businessinsider.com/theres-been-a-major-swing-in-what-people-are-scared-of-in-just-the-last-8-days-2012-2#ixzz1nWY6JXWI
Editor’s Note: The above article has been has edited ([ ]), abridged, and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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