Sunday, 29 November 2015

International Economic Week in Review: A General Tenor of Malaise, Edition

     In A Hard Look at a Soft Global Economy, author Michael Spence outlines the primary issues facing the global economy.  He begins by noting that since the end of the crisis, the world issued $57 trillion in debt to fuel growth.  And potential deflation makes repayment of that figure more difficult.  The world is also experiencing weak public investment, such that potential growth may be hindered.  Weaker demand contrib



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