At risk, two American economists in Brasilia said today, are access to short-term credit lines and continued foreign investment.
Still, economists will continue to make predictions, hedging as best they can.
"But if they go too far too soon," the economist continued, "the whole austerity program could fall apart."
Still, most economists continue to predict moderate growth for the rest of the year, although some say a recession is inevitable.
But in the United States, consumers are spending with abandon and economists continue to be surprised by how robust the economy is.
At the same time, economists continue to cast doubt on the monetary benefits cities reap from new playing fields.
Different economists will continue to disagree about its measurement and extent.
With businesses still working off an inventory and investment glut, economists continue to look to the consumer to keep a recession at bay.
Still, at some primal level, economists continue to believe in something like a Phillips curve.
Whether economists will continue to strike trustees as ideal presidential material is a matter of some debate.