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Is stagnation the 'new normal' for the world economy?

Discussion in 'Market News' started by Lily, Feb 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    It is no longer unusual to suggest that the west could linger in a low-level growth equilibrium for an unusually prolonged period

    Just when the notion that western economies are settling into a “new normal” of low growth gained mainstream acceptance, doubts about its continued relevance have begun to emerge.

    Instead, the world may be headed toward an economic and financial crossroads, with the direction taken depending on key policy decisions.

    Related: Why is the global economy suffering so much turbulence?

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