Joseph E. Stiglitz | Turbulence Ahead
Joseph E. Stiglitz: "Another year of malaise along the Atlantic. By the numbers, the great recession's long gone. The World Bank forecasts that developing countries - chugging along at an average growth rate of 6 percent - will expand the global economy by more than 3 percent this year. In the last six months, London's FTSE 100 is up more than 15 percent, and Wall Street's Dow Jones index is up nearly as much. It's just about enough to say the good times are back."
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