Volume slips
Austerity programs in Europe have weakened economic activity, exacerbating debt problems
Eurozone could slip into recession
In the worst case scenario, government paralysis would lop a whopping three percentage points off economic growth, TD warns
2012 outlook sees a slowing housing market and a drop in government spending
The United States is several million jobs below where it wants to be
Indirect impact could be significant, analysts say
Global growth will post a much slower 3.2% advance in 2012, more than half a percentage point lower than the previous forecast
The volatility in financial markets is far from over, say TD economists
Real GDP will expand by only 1.5% next year and 2.1% in 2012