This Global Growth Stuff, China Still Wants A Word

From alhambrapartners.com

Before there could be “globally synchronized growth”, it had been plain old “global growth.” The former from 2017 appended the term “synchronized” to its latter 2014 forerunner in order to jazz it up. And it needed the additional rhetorical flourish due to the simple fact that in 2015 for all the stated promise of “global growth” it ended up meaning next to nothing in reality. Oddly the same for 2017’s update heading into 2018 and 2019. If currency wars are the beggar-thy-neighbor approach to igniting one’s own economy at other’s expense, either “global growth” or “globally synchronized ... (full story)