Tutto va bene… That was what the crew told passengers on the Costa Concordia just before it sank. And it was what the crew of the USS America — the biggest cruise ship of all — were telling passengers last week. Tutto va bene. Trouble was, tutto was not going as bene as they claimed. [...]

Why Economic Growth Will Continue to Disappoint in 2012 originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

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