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Down with Debt Weight
Nearly four years after the start of the global financial crisis, many are wondering why economic recovery is taking so long. Indeed, its sluggishness has confounded even the experts. According to the International Monetary Fund, the world economy should have grown by 4.4% in 2011, and should grow by 4.5% in 2012. In fact, the latest figures from the World Bank indicate that growth reached just 2.7% in 2011, and will slow this year to 2.5% – a figure that may well need to be revised downwards. There are two possible reasons for the discrepancy between forecast and outcome. Either the damage caused by the financial ... (full story)
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- Apr 18, 2012 2:16pm Apr 18, 2012 2:16pm
- DanUK
- Joined Nov 2008 | Status: You must obey the dance commander | 9 Comments
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- Apr 19, 2012 5:29am Apr 19, 2012 5:29am
- spekitox
- | Joined Sep 2008 | Status: Lucky Man | 715 Comments
forget about tomorrow, just steal away into the night