By Krishna Polasani2/11/09POB

World Economy?

The world economy is in a recession.An example is the U.S economy. The

economy is in a recession :Fannie Mae and Freddie Mac, the housing market and many other reasons.

Countries that are doing well!!! A country that is doing well is India!!!This country is doing well because of

population and because of educated people.

Countries that are doing well!! Other countries that are doing well

are the countries in Middle East. They are doing well because of

natural resources and oil refineries.

Countries that are not doing well. A country that is not doing well is

Iceland. The country just went bankrupt.

The country is not doing because of no natural resources and a low GDP.

Country that is not doing so well Country that is not doing so well is

the U.S. They are not doing so well because

of housing markets and Fannie Mae and Freddie Mac.

European countries

A country that is doing well in Europe is Germany. There GDP per capita is $26,ooo.

They are doing good because of cars and good economy.