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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