European Central Bank: Nothing desperately fundamental has changed in the global economy in the past few weeks. , according to BBC. But all of a sudden investors are worrying that the global recovery that took years to take hold after the 2008 crash is already running out of puff. The risk of intractable, growth-destroying deflation in the eurozone has intensified. Will Germany block attempts by the European Central Bank to buy government bonds to ward it off? As I bored on about this morning, it has been clear for months that the eurozone faced a risk of prolonged stagnation, that China s growth could slow very sharply and that emerging economies in general may be past their peak of expansion.
(news.financializer.com). As
reported in the news.
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