The property bubbles in Australia and Canada are now popping, this will spread and cause problems in other countries. US manufacturing slumps as orders decline. The US has shipped the majority of manufacturing overseas, it will take time to bring it back. The corporate media have started the push to say their is going to be a recession within 2 years. Most likely they will push the recession right before the Presidential elections, it looks like this is what they have planned, but on the other side the economy could come down many other reasons and the central banks will not be able to control it.