Global stagnation: Difference between revisions

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imported>Nick Gardner
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imported>Nick Gardner
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IMF Economic Counsellor, 23 January 2012.
IMF Economic Counsellor, 23 January 2012.
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( A reference to the[[Crash of 2008/Timelines#The Crash stage 3 (September - December 2008)| Lehman Brothers crash]] of September 2008, which triggered the [[Great Recession]])





Revision as of 05:47, 25 January 2012

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Global stagnation is generally considered in early 2012 to be a possible short-term prospect, involving a large part of the world economy. Of 30 countries surveyed by the International Monetary Fund, the growth rates of the economies of 20 were classified as "below trend and moderating"; of 8 as "below trend and rising"; and of 2 as "above trend"[1].

The world recovery ...is in danger of stalling.

IMF Economic Counsellor, 23 January 2012.

( A reference to the Lehman Brothers crash of September 2008, which triggered the Great Recession)