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Two Lost Decades (Goldstone)

It´s worse than you think: Halftime between two lost decades by Jack A. Goldstone, indicated by Henry Adler. “The recovery feel extraordinarily slow because we face an extraordinary three-part crisis: a financial shock compounded by a global slowdown and a demographic time bomb…The global economy is in a synchronized swoon. Brazil’s economy practically stalled out in the first quarter, all of China’s manufacturing figures indicate much lower growth than last year, Britain remains in recession, Spain’s banking system needs a rescue and may collapse…”

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