US Opinion and Commentary

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The Global Economy Is in Serious Danger

Posted October 8th, 2015 at 12:01 pm (UTC-4)
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As the world’s financial policymakers convene for their annual meeting Friday in Peru, the dangers facing the global economy are more severe than at any time since the Lehman Brothers bankruptcy in 2008. The problem of secular stagnation — the inability of the industrial world to grow at satisfactory rates even with very loose monetary policies — […]