Beyond Secular Stagnation

September 23, 2016   |   September 2016 Bond Updates
In 2013, Harvard University economist Larry Summers warned that the global economy was in danger of entering a period of “secular stagnation”—a concept created in the 1930s to describe a period of low or nonexistent growth due to a glut of savings and diminished investing.

View more at: http://www.forbes.com/sites/morganstanley/2016/09/22/beyond-secular-stagnation/
 
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