Subject The article considers the current situation in the global economy, which is characterized by opposite trends, i.e. the anti-crisis stabilization by one set of parameters and the crisis aggravation by other parameters. Objectives The aim is to analyze the financial and economic policy of the United States and the European Union declaring the end of the global crisis and the transition to the post-crisis growth. Methods The study rests on the analysis of the mechanism, under which the apparent global economy's stabilization was achieved by U.S. injecting the money, thus increasing the debt burden. The U.S. and the EU managed to temporarily stabilize the financial system, however, the steady deterioration of economic performance in the real sector of the U.S., the EU, China and other countries allows predicting the exposure to critical risks for the global economy in the near future. Results The analysis shows quite similar trends in the U.S., the EU, and China: the growth of 'inflated' financial figures (capitalization and increase in share value) and downward trends in real production performance. The U.S. stock market has become virtual; the vast majority of demand for shares seems to be artificial. Conclusions The findings suggest that the global financial and economic disparities that are embodied in the U.S. and EU anti-recessionary strategies are a prelude to a new round of financial crisis. The identified deficiencies of the anti-recessionary strategies may help improve the strategies of the Russian legislative and executive authorities.
Keywords: global economy, finance, crisis, debt, dollar
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