U.S. economy to die? Boss position will be replaced by Europe and Japan.

<P>: Http://finance. Hearing, those who have studied the three major economies of Western people know, whether from the historical point of view of economic growth, or to examine the reality, the engine of the U.S. economy is the role of Japan and the EU economy .can not be replaced. .However, in today's perspective, this situation may be reversed. .</ P> <P> the U.S. slowdown in real estate and private consumption constraints and other reasons, expected the U.S. economy will slow in 2007, compared with Japan and Europe have increased their exports and manufacturing growth .strong and other factors, economic growth rate continued to rise, U.S. economic growth this year over. .The problem is that economic growth in Japan and Europe over the case of U.S. economic growth but also for long. .</ P> <P> the U.S. economy driven by real estate </ P> <P> well known, long-term growth in the U.S. economy, the real estate leading role in driving the U.S. economy, had made a significant contribution to the U.S. economy. .From 1995 to 2006 for 11 years, in some sense, real estate has become an important engine driving the U.S. economy. .Even in the autumn and winter 2001, the U.S. economy started to recover from the end of May 2003 after more than two years ago, the U.S. economy during stop-go, but for the real estate to further promote the U.S. private consumption demand, the U.S. economy can only continue to .decline; the U.S. economy out of 6 cases from 2003 to genuinely weak recovery, also benefited from the real estate driven. .Even in the 2004-2006 period of strong economic growth in U.S. real estate has become the leading force driving the U.S. economy. .</ P> <P> However, a bolt. .Since the second half of 2005, especially into 2006, the U.S. real estate sales plummeted because of a change in the past of prosperity have become deserted again. .As a result, over the past 11 years, driven by the real estate situation in the U.S. economy had ceased to exist. .This is bound to eventually become weak by the strong U.S. economy. .</ P> <P> Organization for Economic Cooperation and Development, which is the OECD's projections, the U.S. economy annual growth rate of 3.3% in 2006, based on the relatively deserted because real estate has become, mortgage loans institutions depression and other reasons, .making this year's U.S. economic growth forecast from last November from 2.4% to 2.1%. .</ P> <P> Indeed, U.S. economic slowdown will help to control inflation, which led the Federal Reserve's 5.25 per cent of its existing interest rates come down, thus contributing to continued U.S. economic growth in 2008 picked up. .However, the general, because of weak real estate slowdown the U.S. economy does not reverse the current trend. .</ P> <P>.