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Global Aftershocks - Stephen Roach

  1. Here's Stephen's latest.
    "This summer’s firestorm in financial markets spells downside risks to the global economy. It’s just a question of degree, in my view. Around the world, our economists are tinkering with their models, preparing for the inevitable downward revisions to their growth forecasts. In the works is the first significant recasting of our 2003 global growth outlook since we unveiled it late last year."


    Full Article Here

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