Article 49R55 The global economy is slowing down. What can governments do about it?

The global economy is slowing down. What can governments do about it?

by
Larry Elliott and Phillip Inman
from Economics | The Guardian on (#49R55)
A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikes

Central banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last downturn occurred almost a decade ago.

The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.

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