Global Boom and Bust?

Question

If the laws of (A-level) Economics are to be believed, if there's a recession somewhere, there will be a boom somewhere else.

If there's a global credit cruch affecting the UK, USA etc., ie. bust, where is the boom?

Answer 1

what u r saying that is not a real case.

case is. : - "which new field is coming in market & which field is get saturated in market?".

    and "which field have more demand from the customers"

on that basies we find 1) boom or 2) bust in market.

   where efficency of socity to do work is more their many times u find boom.

Answer 2

I don't accept that hypothesis.

Answer 3

where is the boom?

Hopefully under Gordon Brown & his Darling Boy's backside.