Summary:<p>1: America’s houses are now among the world’s most undervalued: 19% below fair value
2: The Treasury and other regulators chose to confront the rot in their financial system quickly
3: American capital ratios are among the world’s highest
4: Consumers have cut back: debts are now 114% of income
5: The weaker dollar
6: The growth of a consuming class in emerging markets
7: Growing “app economy"
8: American manufacturers are recapturing some markets once lost to imports, and pioneering new processes (such as 3D printing)
10: Net imports of oil this year are on track to be the lowest since 1995
11: America leads in exploiting shale gas, in Europe shale gas has been locked in by green rules and limited property rights
12: Because the companies leading the process are so productive, they pay high wages but do not employ many people. They may thus do little to reduce unemployment, while aggravating inequality.<p>Some of these facts sound a bit strange. I for one thought Wall Street was not really 'confronted' with regulation. Also I wonder what we would see if the government had not changed the way they measure the economy, see: <a href="http://www.shadowstats.com/" rel="nofollow">http://www.shadowstats.com/</a>