Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue
MishTalk
JANUARY 21, 2014
Economist Andy Xie has an interesting article in CaixinOnline that contains his views on 2014. The chances are that the global economy, weighted by nominal GDP at current exchange rates, will grow at 2 percent Globalization, turbo-powered by information technology, has cut short the feedback loop between demand stimulus and supply response.
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