Write a one-page paper addressing the following problem: “The global impact of both China and the USA economy entering recession (in the near term) or any of them in particular”. Provide your view of the problem and use actual data to substantiate your claims. Provide a reasonable solution (most likely scenario from your perspective) to the problem and its effect on financial markets, how would you position in the futures market? Justify/defend your proposal.

(S in milons) Global Services Sogments Global Technology Servicos Global Business Sorvices Systems and Technology Global Total Segments For the yoar onded Docomber 31: Software Financing 2012 $18,566 719 $19,286 $ 2,983 $103,930 7,896 $111,826 $ 24,015 (2.3)% 4.8% 21.5% $25,448 $17,667 $2,013 2,060 $4,073 $2,034 (2.9) 1.1% 49.9% External revenue Internal revenue Total revenue $40,236 3,274 $28,722 S10,810 676 1,166 $41,402 S 6,961 (1.7)% 10.8% 16.8% $18,343 S 1,227 (7.5)% (24.9)% Pre-tax income Revenue year-to-year change Pre-tax income year-to-year change Pre-tax income margin (4.0)% (0.8)% 15.5% 1.8% 8.4% 37.6% 6.7% 2011 External revenue S40,879 1,242 $42,121 $ 6,284 6.6% $19,284 797 $20,081 $ 3,006 5.6% S24.944 3,276 S28,219 $ 9,970 10.9% S18,985 838 S19,823 $ 1,633 5.6% $2,102 2,092 $4,195 $2,011 2.8% 2.8% $106,194 8,246 $114,440 $ 22,904 7.1% Internal revenue Total revenue Pre-tax income Revcnue yar-to-r change Pre-tax income year-to-year change Pre-tax income margin 12.2% 8.2% 14.3% 18.1% 5.3% 9.5% 14.9% 15.0% 35.3% 47.9% 20.0% 2010 $ 99.120 7,707 $106.827 External revenue $18,223 $38.201 1.313 $39,514 $2,485 2.950 S25,436 S 9,466 S17,973 Internal revenue Total revenue $2.238 1,842 $4,080 798 804 $19,021 $ 2.546 2.6% SI8,777 S 5.499 S 1,456 $ 20.923 4.2% 8.3% Pre-tax income $1.956 Revenue year-to-year change Pre-tax income year-to-year change Pre-tax income margin 2.0% 0.3% 1.8% 13.4% 5.7% 13.8% 9.8% 12.1% 0.1% 13.5% 13.9% 37.2% 7.8% 48.0% 19.6%