Reply #4: comments on this English article please

[steve2470]

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/01/04/ccwecon04.xml&menuId=242&sSheet=/money/2005/01/04/ixcoms.html#2

Don't believe all the talk of catastrophe
By Simon English in NEW YORK

A casual reader of the business pages might have reached the understandable conclusion that America is on the brink of a catastrophe. Nearly all of the financial news from the US in the past three years has been bad.

There was a series of spectacular bankruptcies starting with Enron, accounting fraud seemingly everywhere and a stock market that has struggled to stay even. Lately, the talk is of a failing dollar and budget deficits that simply cannot be sustained.

Yet economists on Wall Street and elsewhere are almost universally optimistic about the near future.

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