This is our Perception in Globalization!! After recent US government Shutdown saga & fixing it temporarily (till feb 2014) by allowing borrowings, one thing is clear that recession is going to stay in US/West much longer than expected! Globalization is going through very turbulent phase and countries need to think about new ways to tackle the recession/slowdown.
My other related post@ Shutdown : Watch impact of US Shutdown in 60 seconds
At least now, hope are we going to focus on emerging markets, which may help us to push out of current economic crisis and provide all of us long-term growth opportunities.
Time to think and change our perception!
Other news coverage about Shutdown in world media :
Image credit: Globindian blog
Sources: Google search, CNN, RT, Yahoo, NYTimes, and all other links in the post.