New World Bank Report: Global Economy Continues to Strengthen This Year and Through 2015
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www.worldbank/org/globaloutlook: Risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area. However, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries, says the World Bank in the newly-released Global Economic Prospects (GEP) report. Lead Author of the report, Andrew Burns explains why the global economy is beginning to strengthen this year and through to 2015.
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Is this why the unemployment is still growing in Europe? And why the US Fed dares not to stop the stimulus? They are on the Road to Ruin, travelling up the River of Economic Catastrophe in a barbed wire canoe. There is no demand. If the printing stops the USD rockets up and the US cannot export, thus collapsing the US economy overnight. So the printing and thus the debt will not end soon. If the US debt approaches 20 Billion the US will collapse. But Abe may collapse Japan sooner via his debt.
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thats right, keep buying those bonds. someone needs to take on this debt.
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