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Possible Election Shockers

Global Malaise

Economists and investors are already warning of a slowdown in Europe and Asia and that matters because, in an interconnected world, U.S. companies could retract if their business prospects outside the U.S. look weak.

Europe has been a major source of problems, with several countries adopting harsh austerity measures or requiring massive loans to keep economic disaster at bay. A loan default here or a violent protest there could send shudders across the Atlantic Ocean.

By BRIAN BAKST, AP

(AP Photo)



Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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